Mercantile Bank Corporation operates as a bank holding company for Mercantile Bank of Michigan. It provides commercial and retail banking services to small- to medium-sized businesses and individuals. The company accepts various deposit products, including checking, savings, and term certificates. It also offers commercial loans, vacant land loans, real estate loans, and consumer loans. Additionally, it provides home equity line of credit programs and residential mortgage loans. Mercantile Bank Corporation offers insurance products, such as auto, homeowners, and life insurance. The company is headquartered in Grand Rapids, Michigan.
| Indicator | Value |
|---|---|
| PER | 9.4 |
| EV/EBITDA | - |
| Price/Free Cash Flow' | 8.0 |
| ROIC | -% |
| Net Debt/EBITDA | - |