How to Buy Mercantile Bank Stock
Mercantile Bank Corp
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States.
Mercantile Bank stock last closed at $43.52, down 2.8% from the previous day, and has increased 17.94% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.03 percentage points. Mercantile Bank stock is currently +22.01% from its 52-week low of $35.67, and -17.86% from its 52-week high of $52.98.
There are currently 16.24M MBWM shares outstanding. The market capitalization of MBWM is $706.56M. In the last 24 hours, 101,000 MBWM shares were traded.
How to Buy Mercantile Bank Stock
Not sure how to invest in Mercantile Bank stock? Here's how.
- Decide where to buy Mercantile Bank stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Mercantile Bank stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your method of payment and add your information.
- Evaluate Mercantile Bank stock: The Mercantile Bank ticker symbol is MBWM. Is Mercantile Bank stock a good investment? Should you buy shares of MBWM? How do MBWM's underlying business fundamentals look? Do top analysts think Mercantile Bank is a good buy? Why has MBWM's stock price moved recently? (Hint: Our stock market research website can help you evaluate if MBWM is a good stock to buy).
- Place your MBWM trade: Decide if you will purchase MBWM shares at the current market price or use a limit order to buy MBWM stock at a particular price.
- Get updates on your MBWM investment: Create a watchlist to important notifications about your investment in Mercantile Bank stock.
Step 1: Decide where to buy Mercantile Bank stock
You will need a brokerage account in order to access the NASDAQ market and buy MBWM shares.
Our favorite brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global markets: From Tech to Energy, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal information so you can invest in MBWM stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on the best stock app for beginners, your next step is to transfer the money for your investment:
Check out the tutorial below for more details transferring funds into your brokerage account.
Step 4: Evaluate Mercantile Bank stock
After you have selected the best place to buy Mercantile Bank stock, it's important to evaluate their stock prior to investing, so you truly comprehend the risk and opportunity.
Mercantile Bank quick stats
Mercantile Bank Overview
WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on MBWM's stock page.
Is MBWM stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge MBWM's intrinsic value.
Using relative valuations ratios:
- MBWM may be undervalued based on its P/E ratio of 9.05x, relative to Banks - Regional industry P/E ratio of 11.9x
- MBWM may be overvalued based on its P/B ratio of 1.16x, relative to Banks - Regional industry P/B ratio of 1.15x
- MBWM could be overvalued based on its PEG ratio of 12.41x
You can do additional valuation analysis on MBWM's stock here.
MBWM Financial Overview
Positive Health Checks:
- MBWM earnings of $95.35M is not sufficient to cover its interest payments.
Negative Health Checks:
- MBWM's operating cash flow of $57.91M allows it to safely service it's debt of $748.22M.
- MBWM profit margin has gone down from 37.6% to 34.9% in the past year.
- Total MBWM debt is higher than 5 years ago, relative to shareholder equity.
- MBWM has a relatively high debt to equity ratio of 9.1.
Is Mercantile Bank stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 sell side analysts who research MBWM, the consensus analyst rating on MBWM is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Mercantile Bank stock forecast page.
Metrics for Advanced MBWM Traders
MBWM Performance Metrics
Last year, MBWM earnings were $77.57M. During the past five year, MBWM's earnings have gone up by 10.35% per year. This was slower than the Banks - Regional industry average of 17.8%.
Last year, MBWM revenue was $222.30M. In the last five year, MBWM's revenue has gone up by 8.27% per year. This was slower than the Banks - Regional industry average of 13.05%.
Find out more about MBWM's earnings and revenue performance here.
Latest Insiders Trades at MBWM
In the past year, insiders at MBWM have sold more shares than they have bought.
Robert B. Kaminski, Director of MBWM, was the latest MBWM insider to sell. They sold $10,712.00 worth of MBWM shares on May 2, 2025.
Get more info about who owns MBWM shares here.
Does MBWM provide a stable income stream?
Mercantile Bank pays a dividend of 3.35%, compared to the Banks - Regional industry's average dividend yield of 2.96%. If you owned $1,000 worth of MBWM stock, you would have been paid $33.55 last year.
Mercantile Bank dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more data about Mercantile Bank dividend yield and history here.
Get opinions from other investors
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your MBWM trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you want more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your MBWM investment
Now that you own some MBWM shares, you'll want to keep up with your investment.
Create a watchlist to keep tabs on your MBWM stock.
MBWM Feed
How to Buy Stock in Mercantile Bank
To reiterate, here are the 6 steps you need to take to buy Mercantile Bank stock right now:
- Decide where to buy Mercantile Bank stock
- Create a brokerage account
- Deposit money your investment account
- Evaluate Mercantile Bank stock
- Place your MBWM trade
- Get updates on your MBWM investment
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Mercantile Bank, create a watchlist on WallStreetZen today.
Other Articles You Might Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.