Mercantile Bank Corporation (MBWM) Next Earnings Date & Expected ±4.7% Move

$59.81 -1.38% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $59.55

Mercantile Bank Corporation (MBWM) carries a Roarable Rating of D+ (Sell) with 56/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D+ • SELL / AVOID Cap $1.03B
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is MBWM stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-03, Mercantile Bank Corporation (NASDAQ: MBWM) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 56/100 at a spot price of $59.81 (-1.38% 1D, market cap $1.03B). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 11/20, and SEC Balance-Sheet Forensics 14/20. Across 1096 tracked Financials issuers, MBWM ranks #507 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does MBWM compare to BFST and MCBS in the Financials sector?
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Within the Financials sector (Major Banks), MBWM carries a Roarable D+ (56/100 RQD), trailing P/E of 11.8x, gross margin of —, and ROIC of 12.2%. By comparison, BFST (Business First Bancshares Inc.) holds a B- grade (70/100 RQD, P/E 11.8x, ROIC 9.8%, cap $1.04B) and MCBS (MetroCity Bankshares Inc.) posts a C grade (62/100 RQD, P/E 15.1x, ROIC 12.6%, cap $1.03B). Among the 5-stock peer group, MBWM leads on earnings multiple (11.8x) while MCBS leads on capital efficiency (12.6% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for MBWM?
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Per MBWM's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001042729), Mercantile Bank Corporation generated $0 in revenue, $88.8M in net income, and $18.0M in free cash flow against $6.84B in total assets and $0 in total debt. Key quantitative strengths: Company leadership has skin in the game with net positive insider conviction.. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $59.55 (-0.44%)🧬 Cannibal Buyback (-0.60% YoY Shares)⚙️ Cash Engine: 7/20 (D-) • 0.4% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record: Scores of 56/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.4% avg 90D alpha vs SPY • 51.8% hit rate — wait for RQD ≥ 70 breakout).
Audit Bucket Track Record →
RQD QUANT TACHOMETERSELL / AVOID • D+
025507510056
JEV AI Jury Split (Battleground)
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D+ · Rk C-
Cash (7)Whales (11)SEC (13)Macro (11)CEO (14)
Each axis scored 0–20
12M PRICE TARGET CONE-0.9% Base Target
$70 Bull$59 Base$46 Bear
📬 FREE MBWM RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for MBWM)Realized 20D OHLCV Swing Band: ±4.7%
Deterministic 5-Pillar Attribution (56/100 Composite)
🔍 WHY MBWM SCORES 56/100 (D+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Insider Conviction & Share Dilution+14/20 pts (25% of score)

SEC Form 4 / 13F Thermometer: 70% Net Buy • Cannibal Buyback (-0.60% YoY Shares)

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+13/20 pts (23% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 4/9

▼ #1 Drag / Risk Factor: Cash Engine Quality7/20 pts (-13 pt drag)

Capital intensity & 0% operating margin leave 13 pts on the table

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
48
Grade D$58.03+1.7% Next Q
Q2 (-2Q)
51
Grade C-$59.04+2.8% Next Q
Q3 (-1Q)
53
Grade C-$60.68-1.4% Next Q
Current
56
Grade D+$59.81-0.4% Hist 90D α
Trajectory: D (48) → D+ (56)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the MBWM Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 56/100 (D+) score, MBWM faces multiple-compression risk if 11.8x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Broader market pullbacks can still drag down strong stocks in the short run.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-0.60% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($59.75) or 200D SMA ($55.52) invalidates the momentum regime and cuts Target Base ($59.27) toward Bear Floor ($46.23).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $MBWM• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “MBWM Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”
NEXT EST. WINDOW: Dec 30, 2026 (~57 DAYS)

Historical OHLCV Volatility ±4.7% Swing Band

±$2.81 Expected Swing
$57.00 (-4.7%)Spot $59.81$62.62 (+4.7%)
MODEL EARNINGS SETUP GAUGE

MBWM Quantitative Pre-Earnings Setup: 56/100

Trailing EPS: $5.13 • YoY Revenue Growth: 12.4%

Model Bullish Setup (56/100)Model Risk Weight (44/100)
Derived deterministically from RQD cash-flow quality, SEC accrual safety, and institutional flow (not a community poll).
LOG YOUR PERSONAL PRE-EARNINGS STANCE (SAVED LOCALLY IN BROWSER):

Recent SEC Reported Revenue, Net Profit & Diluted EPS Cadence

PeriodFiledRevenueNet ProfitFree Cash FlowGross Margin
FY 20252025-12-31$0$88.8M$18.0M52%
FY 20242024-12-31$0$79.6M$101.1M52%
FY 20232023-12-31$0$82.2M$66.6M52%
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring MBWM)

  • ✓Walkthrough of MBWM's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
  • ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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MBWM // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +17.09%📐 HORIZONTAL RANGE
2026-11-03O $60.65H $60.65L $59.81C $59.81VOL 114.4K
RES: $63.53SUP: $56.37SMA50: $59.75SMA200: $55.52
$63.95$59.81$55.67$51.53$47.40RES $63.53SUP $56.37$59.812026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

MBWM Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
2.2%/yr Implied 5Y Growth

vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on MBWM today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for MBWM. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for MBWM today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (MBWM)

Financials Rank #507 of 1096 ⚔️ BFST vs MBWM Full Matrix →

1. Head-to-Head Financials Peer Comparison (MBWM vs. BFST, MCBS, CCNE, EGBN)

Industry: Major Banks (248 Tracked Issuers)

Across 1096 tracked Financials securities in the Roarable RQD universe, Mercantile Bank Corporation (MBWM) ranks #507 by composite RQD confidence (56/100, grade D+) and #542 by equity capitalization ($1.03B). Within this direct 5-issuer industry benchmark cohort, MBWM leads on earnings valuation at 11.8x trailing P/E, while MCBS leads on capital efficiency and profitability with 12.6% ROIC and — gross margin. BFST currently holds the highest overall quantitative score in the immediate peer group at 70/100 (B-) compared with MBWM at 56/100 (D+).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
MBWM ACTIVE
Mercantile Bank Corporation
D+ 56/100 11.8x — 12.2% -1.38% $1.03B Benchmark Subject
BFST
Business First Bancshares Inc.
B- 70/100 11.8x — 9.8% +0.09% $1.04B /bfst-vs-mbwm →
MCBS
MetroCity Bankshares Inc.
C 62/100 15.1x — 12.6% -0.47% $1.03B /mcbs-vs-mbwm →
CCNE
CNB Financial Corporation
C 65/100 16.0x — 7.6% -0.42% $1.05B /ccne-vs-mbwm →
EGBN
Eagle Bancorp Inc.
D+ 54/100 — — -12.2% -0.57% $1.01B /egbn-vs-mbwm →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001042729

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Mercantile Bank Corporation (MBWM) reported GAAP revenue of $0 (N/A vs. FY2024 revenue of $0 ) , GAAP net income of $88.8M, operating cash flow of $18.0M, and free cash flow of $18.0M (-82.2% YoY). On the balance sheet, MBWM closed FY2025 with $6.84B in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 4/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-12-31 $0 $88.8M $18.0M $18.0M $6.84B —
FY2024 (FY) 2024-12-31 $0 $79.6M $101.1M $101.1M $6.05B —
FY2023 (FY) 2023-12-31 $0 $82.2M $66.6M $66.6M — —

3. MBWM Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is MBWM stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, Mercantile Bank Corporation (NASDAQ: MBWM) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 56/100 at a spot price of $59.81 (-1.38% 1D, market cap $1.03B). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 11/20, and SEC Balance-Sheet Forensics 14/20. Across 1096 tracked Financials issuers, MBWM ranks #507 in composite RQD confidence.

How does MBWM compare to BFST and MCBS in the Financials sector?

Within the Financials sector (Major Banks), MBWM carries a Roarable D+ (56/100 RQD), trailing P/E of 11.8x, gross margin of —, and ROIC of 12.2%. By comparison, BFST (Business First Bancshares Inc.) holds a B- grade (70/100 RQD, P/E 11.8x, ROIC 9.8%, cap $1.04B) and MCBS (MetroCity Bankshares Inc.) posts a C grade (62/100 RQD, P/E 15.1x, ROIC 12.6%, cap $1.03B). Among the 5-stock peer group, MBWM leads on earnings multiple (11.8x) while MCBS leads on capital efficiency (12.6% ROIC).

What are the biggest fundamental strengths and SEC risk factors for MBWM?

Per MBWM's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001042729), Mercantile Bank Corporation generated $0 in revenue, $88.8M in net income, and $18.0M in free cash flow against $6.84B in total assets and $0 in total debt. Key quantitative strengths: Company leadership has skin in the game with net positive insider conviction.. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is MBWM trading relative to its 50-day, 200-day, and 52-week technical levels?

MBWM last traded at $59.81 (-1.38% on volume of 114,388 shares), positioning the stock +0.10% above its 50-day simple moving average ($59.75) and +7.73% above its 200-day simple moving average ($55.52). Across its 52-week range of $43.00 to $62.95, MBWM sits at the 84.3% percentile with a 14-day RSI of 50.9 (NEUTRAL RANGE) and an implied next-earnings move of ±4.7% ($57.00 to $62.62).

MBWM Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

When is MBWM's next earnings date?

Based on SEC filing cadence, Mercantile Bank Corporation (MBWM)'s next quarterly reporting window is estimated around Dec 30, 2026.

How much is MBWM stock expected to move on earnings?

Volatility modeling currently projects a ±4.7% event move for MBWM, spanning a range between $57 and $62.62.

ROARABLE RATING BRIEF • RQD 56/100 (D+) ✓ STAGE-C NUMBER FIREWALL VERIFIED

MBWM — Mercantile Bank Corporation: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5
As of: 2026-11-02T15:31:05Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, MBWM scores 59 out of 100, equating to a C- grade and a "Roarable Hold — Cautious Neutral" verdict. The five pillars are:

  • Fundamental Cash Engine (7 / 20): The lowest-scoring pillar, referencing ROIC of 12.2% and an FCF yield of 1.71%. This suggests that while the return on invested capital is respectable, the free cash flow yield relative to the current price is thin, which limits the cash-based valuation support an investor can point to.
  • Whale 13F Flow (14 / 20): Reflects institutional accumulation and options positioning. A moderate score indicates some institutional interest without a decisive accumulation signal.
  • Insider Conviction (14 / 20): Reflects SEC Form 4 and Congressional PTR cluster flow. A moderate score means insider signals are present but not strongly directional in either direction.
  • Macro Regime Fit (11 / 20): Beta of 1.0 and sector sensitivity place the stock in line with the broader market, offering neither defensive insulation nor high-beta upside.
  • Forensic Balance Sheet (13 / 20): Altman Z of 2.5, Piotroski F of 4/9, and Debt/Equity of 0.5. These point to a balance sheet that is serviceable but not especially strong on the Piotroski scale.

For a prospective investor evaluating the stock today, the rating points to a balanced, cautious profile. Upside drivers include the moderate institutional flow and the 12.2% ROIC. Valuation tradeoffs are visible in the 11.8 trailing P/E against a 1.71% FCF yield, which implies the market is pricing earnings more than cash generation. The 2.28% dividend yield provides some income support. Overall, the rating reflects a name that is neither clearly undervalued on cash metrics nor clearly deteriorating, which is consistent with the Hold verdict.

Business

Mercantile Bank Corporation (MBWM) is a NASDAQ-listed issuer classified in the Financials sector and the Major Banks industry, per the profile section. Per the profile, the company carries a market capitalization of $1.0B. The source data does not detail its specific product lines, customer segments, or revenue model beyond this sector and industry classification.

Financial Trend

PeriodRevenueOperating IncomeNet IncomeEPSFCFCashDebt
FY 2025$0.0M$0.0M$88.8MN/A$18.0MN/AN/A
FY 2024$0.0M$0.0M$79.6MN/A$101.1MN/AN/A
FY 2023$0.0M$0.0M$82.2MN/A$66.6MN/AN/A

Per the SEC financials, reported net income was $82.2M for FY 2023, $79.6M for FY 2024, and $88.8M for FY 2025, while FCF moved from $66.6M to $101.1M and then down to $18.0M. Revenue, operating income, EPS, cash, and debt are reported as zero or N/A in the source data. Per the market data, gross, operating, and net margins are each reported as 0%, which the source does not reconcile with the net income figures. Per the market data, ROIC is 12.2%. Per the Roarable RQD rating, the Altman Z-Score is 2.5, the Piotroski F-Score is 4/9, and Debt/Equity is 0.5.

Recent Catalysts & News Wire Analysis

Per the recent news and catalysts section, six headlines are on record, all rated YELLOW and labeled MARKET WIRE:

  • A Yahoo Finance piece headlined as a top dividend stock for portfolios.
  • A TradingView estimates item.
  • A Stock Titan item stating shareholders will receive 40 cents per share in December.
  • A Prime Publishers preview stating Q3 earnings are expected to decline.
  • A Yahoo Finance item announcing "robust" third quarter 2026 results.
  • A marketscreener.com flash reporting Q3 adjusted net income of $1.42 per share.

These items conflict in tone: one preview expects a Q3 decline, while another headline describes robust results and a flash reports $1.42 per share. The source does not reconcile these. Per the Butterfly Supply-Chain Graph, the supply chain is recorded as NONE, with no butterfly links and no proprietary signals.

Open Questions

  • What are the reported revenue and operating income figures, given that the financials show $0.0M for both across all three periods?
  • Do the zero margin figures in the market data reflect missing data or actual results?
  • Which Q3 2026 results are accurate, given the conflicting preview and results headlines?
  • What is the cash and debt position, given that both are N/A in every reported period?
  • What institutional, insider, or analyst positioning exists, given that analyst and holder data are unavailable?

MBWM Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Mercantile Bank Corporation (MBWM) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to MBWM Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

MBWM Bull vs. Bear Conversation Board — What's Your Call at $59.81?

🐂 50% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON MBWM 🐻 50% BEARISH CONVICTION
1. Pick Your Side on MBWM:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
RO RoarDesk_Moderator Roarable Research Desk ⚖️ DEBATE HOST 🎯 Target: $65.50 (+8.0%)
📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is MBWM (C- • RQD 59/100) a Buy at $60.65?

Welcome to the MBWM (Mercantile Bank Corporation) Roar Pit. Current RQD Composite is 59/100 (Roarable Hold — Cautious Neutral) in Major Banks. Bulls point to capital efficiency (12.2% ROIC), while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

VA ValDiscipline Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $47.91 (-21.0%)
Spot @ $60.65

Pump the brakes on MBWM — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on MBWM, but look at what you are paying: 11.8x trailing P/E with tightening sector spreads. Unless Mercantile Bank Corporation expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

TA TapeReader_Pro Verified K Arena Trader 🐂 BULLISH 🎯 Target: $72.17 (+19.0%)
Spot @ $60.65

MBWM cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on MBWM, the market is fixating on short-term headline noise in Major Banks and ignoring the balance sheet and cash flow trajectory. At $60.65 (52-wk range $43.00 - $62.95), any beat on forward guidance forces shorts and underweight funds to chase.

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