Mercantile Bank Stock Price on May 3, 2024
| MBWM Stock | USD 39.89 0.07 0.18% |
Below is the normalized historical share price chart for Mercantile Bank extending back to October 24, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mercantile Bank stands at 39.89, as last reported on the 20th of May, with the highest price reaching 40.34 and the lowest price hitting 39.67 during the day.
If you're considering investing in Mercantile Stock, it is important to understand the factors that can impact its price. We consider Mercantile Bank very steady. Mercantile Bank has Sharpe Ratio of 0.0708, which conveys that the firm had a 0.0708% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mercantile Bank, which you can use to evaluate the volatility of the firm. Please verify Mercantile Bank's Mean Deviation of 1.42, downside deviation of 1.97, and Risk Adjusted Performance of 0.048 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
At this time, Mercantile Bank's Total Stockholder Equity is very stable compared to the past year. As of the 20th of May 2024, Liabilities And Stockholders Equity is likely to grow to about 5.6 B, while Other Stockholder Equity is likely to drop (78.9 M). . At this time, Mercantile Bank's Price To Sales Ratio is very stable compared to the past year. As of the 20th of May 2024, Price Earnings Ratio is likely to grow to 7.95, while Price To Operating Cash Flows Ratio is likely to drop 8.18. Mercantile Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of August 1997 | 200 Day MA 35.9904 | 50 Day MA 37.106 | Beta 0.991 |
Mercantile |
Sharpe Ratio = 0.0708
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Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Mercantile Bank is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mercantile Bank by adding it to a well-diversified portfolio.
Price Book 1.1066 | Price Sales 2.6433 | Shares Float 15.6 M | Dividend Share 1.36 | Wall Street Target Price 41.67 |
Related Headline
Southern California Headline on 3rd of May 2024
Disposition of 1201 shares by Richard Hernandez of Southern ... by Richard Hernandez
Filed transaction by Southern California Bancorp Officer: President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Mercantile Bank Valuation on May 3, 2024
It is possible to determine the worth of Mercantile Bank on a given historical date. On May 3, 2024 Mercantile was worth 38.82 at the beginning of the trading date compared to the closed value of 38.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mercantile Bank stock. Still, in general, we apply an absolute valuation method to find Mercantile Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mercantile Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mercantile Bank's related companies.
| Open | High | Low | Close | Volume | |
| 37.81 | 38.29 | 37.53 | 38.14 | 90,598 | |
05/03/2024 | 38.82 | 38.82 | 38.35 | 38.47 | 60,669 |
| 38.86 | 39.78 | 38.83 | 39.38 | 74,415 |
| Backtest Mercantile Bank | | | Mercantile Bank History | | | Mercantile Bank Valuation | Previous | Next |
Mercantile Bank Trading Date Momentum on May 3, 2024
| On May 06 2024 Mercantile Bank was traded for 39.38 at the closing time. The top price for the day was 39.78 and the lowest listed price was 38.83 . The trading volume for the day was 74.4 K. The trading history from May 6, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 2.37% . The trading delta at closing time against the current closing price is 3.56% . |
Mercantile Bank Fundamentals Correlations and Trends
By evaluating Mercantile Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mercantile Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mercantile financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mercantile Bank Stock history
Mercantile Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mercantile is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mercantile Bank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mercantile Bank stock prices may prove useful in developing a viable investing in Mercantile Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 16 M | 11.8 M | |
| Net Income Applicable To Common Shares | 70.2 M | 73.7 M |
Mercantile Bank Stock Technical Analysis
Mercantile Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Mercantile Bank Period Price Range
Low | May 3, 2024
| High |
38.82 | 38.47 |
Mercantile Bank May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Mercantile Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mercantile Bank shares will generate the highest return on investment. By undertsting and applying Mercantile Bank stock market strength indicators, traders can identify Mercantile Bank entry and exit signals to maximize returns
Mercantile Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mercantile Bank's price direction in advance. Along with the technical and fundamental analysis of Mercantile Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mercantile to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.048 | |||
| Jensen Alpha | 0.0036 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0211 | |||
| Treynor Ratio | 0.092 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercantile Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Mercantile Stock analysis
When running Mercantile Bank's price analysis, check to measure Mercantile Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mercantile Bank is operating at the current time. Most of Mercantile Bank's value examination focuses on studying past and present price action to predict the probability of Mercantile Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercantile Bank's price. Additionally, you may evaluate how the addition of Mercantile Bank to your portfolios can decrease your overall portfolio volatility.
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Is Mercantile Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mercantile Bank. If investors know Mercantile will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mercantile Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.021 | Dividend Share 1.36 | Earnings Share 5.16 | Revenue Per Share 13.722 | Quarterly Revenue Growth 0.04 |
The market value of Mercantile Bank is measured differently than its book value, which is the value of Mercantile that is recorded on the company's balance sheet. Investors also form their own opinion of Mercantile Bank's value that differs from its market value or its book value, called intrinsic value, which is Mercantile Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mercantile Bank's market value can be influenced by many factors that don't directly affect Mercantile Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mercantile Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercantile Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercantile Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.