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11.27%Earnings Yield
VS
Market
95
Sector
90
Industry
94
History
73
$ 45.14Close
$ 38.53 - $ 51.79 52-Week Range
Ticker Information

Ticker

MBWM

Company Name

MERCANTILE BANK CORP

Sector

Financial Services

Industry

Banks - Regional

Exchange

NASDAQ

MERCANTILE BANK CORP - Earnings Yield Chart Analysis (TTM)

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MBWM - Earnings Yield Historical data
DateEarnings YieldMarket CapitalizationNet Income Common Stock
6/30/202511.27%$ 722.09M$ 81.4M
3/31/202510.95%$ 708.26M$ 77.57M
12/31/202410.2%$ 780.54M$ 79.59M
9/30/202411.47%$ 697.49M$ 80M
6/30/202411.41%$ 711.83M$ 81.23M
3/31/202413.35%$ 620.17M$ 82.8M
12/31/202314.02%$ 586.32M$ 82.22M
9/30/202315.11%$ 555.89M$ 83.99M
6/30/202313.76%$ 575.21M$ 79.16M
3/31/202317.3%$ 407.82M$ 70.54M
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Key Performance Insights, Last 5 Years

  • MERCANTILE BANK CORP's latest trailing twelve months (TTM) Earnings Yield stands at 12.5%.
  • Over the past 5 years, MERCANTILE BANK CORP's average Earnings Yield has been 11.57%.
  • The median Earnings Yield for MERCANTILE BANK CORP during this period was 11.18%
  • MERCANTILE BANK CORP reached its highest Earnings Yield over the past 5 years at 17.3%.
  • The lowest Earnings Yield recorded by MERCANTILE BANK CORP in the same timeframe 8.52%

MERCANTILE BANK CORP's Earnings Yield vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

Earnings Yield Benchmarks
CompanyEarnings Yield
EQBK : EQUITY BANCSHARES INC 9.41%HBT : HBT FINANCIAL INC 10.14%HAFC : HANMI FINANCIAL CORP 9.53%HFWA : HERITAGE FINANCIAL CORP 6.48%CPF : CENTRAL PACIFIC FINANCIAL CORP 8.43%CCBG : CAPITAL CITY BANK GROUP INC 8.6%CCNE : CNB FINANCIAL CORP 7.82%GSBC : GREAT SOUTHERN BANCORP INC 10.72%HBNC : HORIZON BANCORP INC 7.69%THFF : FIRST FINANCIAL CORP 9.95%

Definition of Earnings Yield

[Calculation] The Earnings Yield, also known as the inverse of the PE ratio [PE], expresses a company’s earnings [NetIncCmn] as a percentage of [MarketCap].
Net Inc. Cmn. / Market Cap
(=) Earnings Yield
Earnings Yield for MERCANTILE BANK CORP is calculated as follows: Net Inc. Cmn. [ $ 43.37M ] / Market Cap [ $ 346.91M ]
(=) Earnings Yield [ 12.5% ]

MBWM - Earnings Yield, Last 5 years

8.52%

Minimum

Dec 31, 2020

17.3%

Maximum

Mar 31, 2023

11.57%

Average

11.18%

Median

Earnings Yield Benchmark Analysis

The chart above depicts the distribution of Earnings Yield for companies in the Total Stock Market. The average Earnings Yield of the companies is 0.34% with a standard deviation of 9.81%.
The following table provides additional summary stats:
Earnings Yield in the Market:
filtered constituents3.42K
min-31.68%
max32.87%
average0.34%
median2.78%
std9.81%