Yahoo Finance report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
Why MBWM Stock surged +2.32% Today — RQD Quant Desk Flash
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.
🤖 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 $61.20 (+2.32% 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.
🤖 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).
🤖 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 $2.87B in revenue (+12.9% YoY), $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.
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
SEC Form 4 / 13F Thermometer: 70% Net Buy • Cannibal Buyback (-0.60% YoY Shares)
Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 4/9
Capital intensity & 0% operating margin leave 13 pts on the table
⚔️ Adversarial Opposing Case: Why the MBWM Bull Thesis Could Fail
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.
Broader market pullbacks can still drag down strong stocks in the short run.
Dilution & Margin Drag: Cannibal Buyback (-0.60% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.
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 ($60.65) toward Bear Floor ($47.31).
Why MBWM Stock surged +2.32% Today — RQD Quant Desk Flash
Mercantile Bank Corporation (MBWM) surged +2.32% to $61.20, trading at 91% of its 52-week range ($43 – $62.95). Stretched risk/reward at 12x P/E (12% return on capital) under elevated 10-year interest-rate pressure.
- ▸Technical Tape: Trading at 91% of its 52-week range ($43 – $62.95) with RSI-14 at 50.9 (NEUTRAL RANGE).
- ▸Volatility Profile: Historical 20-day realized swing band of ±4.7% around $61.20 (no active unusual options sweep snapshot on file).
- ▸Fundamental Anchor: Roarable D+ (Sell) backed by 52% gross margin and $18.0M annual free cash flow.
TradingView report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
Stock Titan report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
Prime Publishers, Inc. report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
marketscreener.com report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
Mercantile Bank reported third quarter 2026 net interest income of US$60.9 million and net income of US$24.07 million, alongside a higher regular quarterly cash dividend of US$0.40 per share declared in October. The mix
Mercantile Bank (MBWM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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
MBWM Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on MBWM today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for MBWM. Explore sector supply chains on /butterfly.
📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (MBWM)
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% | +2.32% | $1.03B | Benchmark Subject |
| BFST Business First Bancshares Inc. | B- | 70/100 | 11.8x | — | 9.8% | +2.89% | $1.04B | /bfst-vs-mbwm → |
| MCBS MetroCity Bankshares Inc. | C | 62/100 | 15.1x | — | 12.6% | +2.34% | $1.03B | /mcbs-vs-mbwm → |
| CCNE CNB Financial Corporation | C | 65/100 | 16.0x | — | 7.6% | +3.10% | $1.05B | /ccne-vs-mbwm → |
| EGBN Eagle Bancorp Inc. | D+ | 54/100 | — | — | -12.2% | +2.67% | $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 0001042729In its most recent audited fiscal period (FY2025, filed 2025-12-31), Mercantile Bank Corporation (MBWM) reported GAAP revenue of $2.87B (+12.9% vs. FY2024 revenue of $2.54B , and +675.9% cumulative change since FY2023) , 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 | $2.87B | $88.8M | $18.0M | $18.0M | $6.84B | — |
| FY2024 (FY) | 2024-12-31 | $2.54B | $79.6M | $101.1M | $101.1M | $6.05B | — |
| FY2023 (FY) | 2023-12-31 | $370.0M | $82.2M | $66.6M | $66.6M | — | — |
3. MBWM Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)
✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLEDIs 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 $61.20 (+2.32% 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 $2.87B in revenue (+12.9% YoY), $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 $61.20 (+2.32% on volume of 109,562 shares), positioning the stock +2.43% above its 50-day simple moving average ($59.75) and +10.23% above its 200-day simple moving average ($55.52). Across its 52-week range of $43.00 to $62.95, MBWM sits at the 91.2% percentile with a 14-day RSI of 50.9 (NEUTRAL RANGE) and an implied next-earnings move of ±4.7% ($58.32 to $64.08).
MBWM — Mercantile Bank Corporation: What the Facts Mean to a Prospective Investor
1. Roarable Rating Brief: What This Means to a Prospective Investor
Mercantile Bank Corporation (MBWM) earns a live Roarable RQD composite score of 56/100, corresponding to a D+ letter grade (Roarable Sell) at a spot price of $61.20 (+2.32% 1D, market capitalization $1.03B).
- Fundamental Cash Engine (7/20): Anchored by return on invested capital (ROIC) of 12.2%, gross margin of —, operating margin of —, and free cash flow yield of 1.71%.
- Whale 13F & Options Flow (11/20) + Insider Conviction (13/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
- Macro Regime Fit (11/20) + Forensic Balance Sheet (14/20): Incorporates a 1.00x equity beta, Altman Z-Score of N/A, Piotroski F-Score of 4/9, and Debt/Equity of N/A.
2. Business Model, Unit Margins & SEC Financial Trajectory
Mercantile Bank Corporation (MBWM) is a NASDAQ-listed issuer classified in the Financials sector and the Major Banks industry..0B.
In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Mercantile Bank Corporation (MBWM) reported $2.87B in annual revenue (up from $2.54B in FY2024, +12.9% YoY) and $88.8M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($370.0M revenue, $82.2M net income) through FY2025, MBWM scaled operating cash flow to $18.0M and free cash flow to $18.0M, backed by $6.84B in total assets against $0 in total debt.
3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff
- 🐂 Primary Bull Case (D+ • RQD 56/100): Company leadership has skin in the game with net positive insider conviction. Free cash flow yield of 1.71% and institutional whale pillar of 11/20. With Fundamental Cash Engine at 7/20 and Institutional Whale Flow at 11/20, sustained execution supports upside toward the upper end of the $43.00 – $62.95 52-week range.
- 🐻 Primary Bear Case & Valuation Risk: Broader market pullbacks can still drag down strong stocks in the short run. Investors must weigh 11.8x trailing P/E against — operating margins and a 1.00x macro beta.
4. 2nd-Order Butterfly Ripples & Key Questions to Watch
Operating in Major Banks (Financials), MBWM carries a macro regime beta of 1.00 and gross margin of —.
- Key Question #1: Can MBWM sustain or expand its — operating margin and 12.2% ROIC against Major Banks peers over the next 4 quarters?
- Key Question #2: Following FY2025 revenue of $2.87B and free cash flow of $18.0M, how will capital allocation balance growth reinvestment against $0 in total debt?
- Key Question #3: How sensitive is MBWM's 11.0x forward P/E multiple to Financials capital spending cycles and macro interest-rate shifts (Beta 1.00x)?
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
Yahoo Finance report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
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Stock Titan report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
Prime Publishers, Inc. report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
marketscreener.com report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance report covering Mercantile Bank Corporation (MBWM) market action, institutional positioning, and fundamental catalysts.
MBWM Bull vs. Bear Conversation Board — What's Your Call at $61.20?
ROIC of 12.2% and a 2.28% dividend yield at an 11.8 trailing P/E offer income and return support.
Long MBWM at $59.81 targeting $71.77. ROIC of 12.2% and a 2.28% dividend yield at an 11.8 trailing P/E offer income and return support.. Institutional whale score is 11/20 and the risk/reward vs. the $43.00 52-week low is skewed heavily in favor of bulls.
@TapeReader_Pro Agree on the RQD 56/100 quality, though with 1.0 beta I'm scaling in with half-size at $59.81 and keeping dry powder in case we test $55.62.
A 1.71% FCF yield and Piotroski F of 4/9 leave cash generation and balance sheet strength thin.
I respect the product at Mercantile Bank Corporation, but the stock at $59.81 is a different story. A 1.71% FCF yield and Piotroski F of 4/9 leave cash generation and balance sheet strength thin.. FCF yield is 1.71% and RQD sits at 56/100 (D+) — why pay up here when you can wait for next quarter's numbers?