About Mercantile Bank (MBWM)

The current price per share for Mercantile Bank (MBWM) is $50.21. The stock has seen a price change of $0.36 recently, indicating a 0.72% change. This reflects the stock's recent market performance and investor sentiment.

For Mercantile Bank (MBWM), the 52-week high is $51, which is 1.57% from the current price. The 52-week low is $30.12, the current price is 66.7% above the 52-week low. This gives investors an insight into the stock's volatility and price range over the past year.

Mercantile Bank (MBWM) has shown an average price growth of 0.41% over the past three years. It has received a score of 68 out of 100 based on the Stocklytics formula. The interpretation of this score in terms of classifying Mercantile Bank as a growth stock may vary, considering it is one of many factors investors might evaluate, including market trends, financial performance, and future prospects of the company.

As of the latest data, Mercantile Bank (MBWM) has a year-to-date price change of 24.71%. Over the past month, the stock has experienced a price change of 31.3%. Over the last three months, the change has been 38.74%. Over the past six months, the figure is 22.79%. Looking at a longer horizon, the five-year price change stands at 48.9%.

Mercantile Bank (MBWM) has a net income of $82.22M, which represents the company's total earnings after all expenses have been deducted from revenues. The gross margin of indicates the percentage of revenue that exceeds the cost of goods sold, and the operating margin of 44.17% reflects the percentage of revenue remaining after covering variable production costs, highlighting the efficiency of the company's core operations. Total revenue stands at $303.5M, with a revenue growth rate of 59.47%, providing insight into the company's sales performance and growth. The gross profit is $303.5M. Operating income is noted at $269.63M. Furthermore, the EBITDA is $0.

Mercantile Bank (MBWM) has a market capitalization of $796.66M. The average daily trading volume is 103.2K, indicating the stock's liquidity and investor engagement.