Mercantile Bank Price to Sales Ratio 2010-2025 | MBWM

Historical PS ratio values for Mercantile Bank (MBWM) over the last 10 years. The current P/S ratio for Mercantile Bank as of June 25, 2025 is . For more information on how our historical price data is adjusted see the Stock Price Adjustment Guide.
Mercantile Bank P/S Ratio Historical Data
Date Stock Price TTM Sales per Share Price to Sales Ratio
2025-06-25 45.13 2.01
2025-03-31 43.07 $22.50 1.91
2024-12-31 43.75 $22.44 1.95
2024-09-30 42.69 $21.82 1.96
2024-06-30 39.29 $21.07 1.86
2024-03-31 36.93 $20.18 1.83
2023-12-31 38.37 $18.96 2.02
2023-09-30 29.09 $18.00 1.62
2023-06-30 25.73 $16.47 1.56
2023-03-31 28.12 $14.86 1.89
2022-12-31 30.50 $13.49 2.26
2022-09-30 26.81 $12.44 2.16
2022-06-30 28.56 $12.19 2.34
2022-03-31 31.36 $12.33 2.54
2021-12-31 30.76 $12.44 2.47
2021-09-30 27.87 $12.52 2.23
2021-06-30 26.03 $12.29 2.12
2021-03-31 27.73 $12.14 2.28
2020-12-31 22.99 $11.90 1.93
2020-09-30 15.08 $11.56 1.30
2020-06-30 18.67 $11.41 1.64
2020-03-31 17.28 $11.25 1.54
2019-12-31 29.49 $11.29 2.61
2019-09-30 26.32 $10.99 2.39
2019-06-30 25.91 $10.54 2.46
2019-03-31 25.81 $10.08 2.56
2018-12-31 22.12 $9.69 2.28
2018-09-30 25.20 $9.40 2.68
2018-06-30 27.72 $9.26 2.99
2018-03-31 24.79 $9.04 2.74
2017-12-31 26.21 $8.77 2.99
2017-09-30 25.73 $8.61 2.99
2017-06-30 23.06 $8.47 2.72
2017-03-31 25.05 $8.45 2.96
2016-12-31 27.31 $8.56 3.19
2016-09-30 19.08 $8.41 2.27
2016-06-30 16.85 $8.26 2.04
2016-03-31 15.73 $8.04 1.96
2015-12-31 17.10 $7.68 2.23
2015-09-30 14.39 $8.04 1.79
2015-06-30 14.72 $7.93 1.86
2015-03-31 13.35 $7.86 1.70
2014-12-31 14.24 $7.75 1.84
2014-09-30 12.83 $7.37 1.74
2014-06-30 15.31 $7.36 2.08
2014-03-31 12.56 $7.35 1.71
2013-12-31 13.03 $7.47 1.75
2013-09-30 13.04 $7.41 1.76
2013-06-30 10.66 $7.48 1.42
2013-03-31 9.69 $7.54 1.29
2012-12-31 9.60 $7.64 1.26
2012-09-30 9.78 $7.83 1.25
2012-06-30 10.53 $8.01 1.31
2012-03-31 8.11 $8.42 0.96
2011-12-31 5.53 $8.83 0.63
2011-09-30 4.42 $9.43 0.47
2011-06-30 4.70 $10.13 0.46
2011-03-31 5.51 $10.76 0.51
2010-12-31 4.63 $11.45 0.40
2010-09-30 2.54 $11.84 0.21
2010-06-30 3.02 $12.27 0.25
2010-03-31 2.23 $12.75 0.18
2009-12-31 1.70 $13.25 0.13
Sector Industry Market Cap Revenue
Finance Banks - Midwest $0.733B $0.362B
Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services in a friendly, hometown banking environment.
Stock Name Country Market Cap PE Ratio
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First Financial Bancorp (FFBC) United States $2.323B 9.12
First Merchants (FRME) United States $2.172B 10.43
First Busey (BUSE) United States $2.077B 10.65
Enterprise Financial Services (EFSC) United States $2.019B 10.66
Lakeland Financial (LKFN) United States $1.541B 17.90
1st Source (SRCE) United States $1.503B 10.51
German American Bancorp (GABC) United States $1.442B 12.95
QCR Holdings (QCRH) United States $1.138B 9.65
Peoples Bancorp (PEBO) United States $1.067B 9.23
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First Financial Indiana (THFF) United States $0.626B 11.44
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Farmers National Banc (FMNB) United States $0.503B 9.98
First Business Financial Services (FBIZ) United States $0.411B 9.47
Civista Bancshares (CIVB) United States $0.351B 9.95
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First Western Financial (MYFW) United States $0.217B 21.50
Ames National (ATLO) United States $0.158B 13.92
Ohio Valley Banc (OVBC) United States $0.140B 11.12
Eagle Bancorp Montana (EBMT) United States $0.127B 11.28
CSB Bancorp (CSBB) United States $0.116B 10.92
BNCCORP (BNCC) United States $0.101B 12.59
United Bancshares (UBOH) United States $0.083B 8.23
United Bancorp (UBCP) United States $0.082B 11.45
Central Plains Bancshares (CPBI) United States $0.064B 0.00