MERCANTILE BANK CORP (MBWM) Stock
MBWM has an Alpha Score of 67 out of 100 (moderate), computed on Nov 9, 2026 from 3 of 4 sub-scores. 4 of the hedge funds AlphaScala tracks reported MBWM in 13F filings for the quarter ended Jun 30, 2026; the largest reported position is Renaissance Technologies's at $25.64M. Its trailing P/E ratio is 11.0 and its net margin 37.0% (key statistics as of Nov 10, 2026).
What is MBWM's Alpha Score?
How it works →Alpha Score of 67 reflects moderate overall profile with strong momentum, strong value, strong quality. Based on 3 of 4 signals – score is capped at 90 until remaining data ingests.
Computed from 3 of 4 sub-scores; a sub-score is left out when its inputs are missing, and the composite is capped accordingly.
Computed Nov 9, 2026
A rules-based research rating, not a recommendation to buy or sell.
Which hedge funds own MBWM?
From 13F filings| Fund | Shares Held | Position Value | Change vs prior Q |
|---|---|---|---|
| Renaissance Technologies Jim Simons (founder) | 447K | $25.64M | -5% |
| Citadel Ken Griffin | 93K | $5.35M | +222% |
| Point72 Steve Cohen | 12K | $668.0K | NEW |
| D.E. Shaw David Shaw | 5K | $273.1K | NEW |
13F holdings as of Jun 30, 2026
Explore all tracked funds →What are MBWM's key statistics?
Key statistics as of Nov 10, 2026
How does MBWM's valuation compare with the Financials sector?
| Metric | MBWM | Financials median | Companies in median |
|---|---|---|---|
| P/E ratio | 11.0 | 12.8 | 246 |
| Net margin | 36.97% | 20.72% | 230 |
| Return on equity | 12.91% | 12.37% | 260 |
| Dividend yield (payers) | 3.89% | 3.27% | 191 |
Medians over the Financials stocks whose key statistics were refreshed in the last 35 days (newest Nov 11, 2026). P/E excludes loss-making companies.
MBWM price chart
Powered by TradingViewWhat does MERCANTILE BANK CORP do?
Mercantile Bank Corporation is a regional bank holding company providing a comprehensive range of banking products and services primarily in Michigan. Established to facilitate personal and business financial growth, the company offers traditional banking solutions such as checking and savings accounts, lending options, and investment services. They also provide treasury and wealth management services aimed at supporting both small to mid-sized businesses and individual clients. Highlighting community-focused banking, Mercantile Bank Corporation plays a pivotal role in local economic development by offering tailored loan products, including real estate financing and commercial loans. The bank's commitment to technological advancements is evident in its digital banking platform, which offers online and mobile banking services for enhanced customer convenience. By blending personalized customer service with modern banking solutions, Mercantile Bank Corporation has cemented its position as a cornerstone in the financial markets of its operational region, supporting local businesses and individuals in achieving their financial goals.