MBWM

Conviction 54FinancialsScan · Thu, Sep 24, 2026

Mercantile Bank Corp (MBWM) closed at $59.55 (+1.48%) on Sep 24, 2026. Price is below its 50-day and above its 200-day moving average. RSI(14) 46, RS Rating 80, -4.2% from its 52-week high, +25.1% year to date. Sector: Financials · STATE COMMERCIAL BANKS.

MBWM$59.55+1.48%

ResistanceSupportVol 14

Vol MA14 118.17K

Jun 26Jul 15Aug 3Aug 19Sep 8Sep 24

MERCANTILE BANK CORPSTATE COMMERCIAL BANKSwww.mercbank.com ↗

Price59.55

Change+1.48%

Gap+0.55%

Rel volume—

Avg volume116.73K

Avg $ vol7.06M

SMA 2060.44

SMA 5060.19

SMA 20054.08

Price vs 50-1.06%

Price vs 200+10.11%

MA stackmixed

50/200 cross—

Supertrendup · 57.78

RSI (14)46

MACD hist-0.28

MACD crossbear · 6d

Stoch %K / %D21 / 8

ADX (14)16

+DI / −DI16 / 26

RSI divergence—

MACD divergence—

ATR %2.23%

ADR %2.22%

52w high62.14

52w low43.14

From 52w high-4.17%

Above 52w low+38.04%

New 52w highNo

SqueezeOff

Bollinger width6.46%

%B0.27

Donchian pos23.77%

Donchian high62.95

Donchian low58.49

AVWAP (52w high)59.98

vs AVWAP high-0.71%

AVWAP (52w low)53.46

vs AVWAP low+11.39%

OBV trendDown

Chaikin MF (20)0.07

Today vs 20d—

Avg vol (14d)118.17K

Avg vol (20d)116.73K

Avg $ vol (20d)7.06M

Market cap1.03B

RS Rating80 / 99

RS 3m (vs SPY)+1.34%

RS 6m (vs SPY)+3.96%

RS line new highNo

Trend template7/8

Technical rank73.4

1 week-1.37%

1 month-1.28%

3 months+5.83%

6 months+20.78%

1 year+28.70%

YTD+25.08%

P/E11.60

P/B1.36

P/S—

P/FCF—

EPS5.47

Div yield2.33%

ROE11.75%

ROA1.30%

Debt/Eq—

Current—

EV/EBITDA—

Gross margin—

Net margin—

Rev growth—

EPS growth11.51%

Price target63.20

Target upside6.13%

Analyst ratingHold

Institutional76.44%

Ent. value914.6M

Revenue—

Net income25.93M

Gross profit—

Free cash flow—

IndustrySTATE COMMERCIAL BANKS

ExchangeNasdaq

Shares out17.27M

Employees786

ListedFri, Oct 24, 1997

Free float16.74M

Float %96.9%

Short interest519.44K

Days to cover6.2d

Short volume77.5%

Squeeze score51 / 100

Next earnings—

EPS forecast—

Last EPS vs est$1.53 vs $1.34

Last surprise+14.2% beat

Setup gradeC

Conviction54 / 100

Pattern quality—

Tech rank73.4 / 100

Group rank77 / 100

Status laneNo active setup

Setup direction—

Pattern family

Resistance62.57

Support58.72

Days since event—

Candle confirm—

Financials as of Tue, Jun 30, 2026 · quarterly.

Congress activity

Disclosed STOCK Act trades in MBWM

All disclosures →

No recent disclosed trades by Congress in MBWM. STOCK Act filings can lag the trade by up to 45 days.

Insider activity

SEC Form 4 transactions in MBWM

Insider	Side	Shares	Value	Traded	Filed
PRICE MICHAEL H Director · Common Stock · 2026-05-22	Grant	1.1K	$0	2026-05-22	2026-05-27
Sanchez Nelson F Director · Common Stock · 2026-05-22	Other	—	—	2026-05-22	2026-05-27
Sanchez Nelson F Director · Common Stock · 2026-05-22	Grant	715	$0	2026-05-22	2026-05-27
Eldridge Michelle Larabee Director · Common Stock · 2026-05-22	Grant	830	$0	2026-05-22	2026-05-27
Williams Shoran R Director · Common Stock · 2026-05-22	Grant	715	$0	2026-05-22	2026-05-27
Jones Joseph D Director · Common Stock · 2026-05-22	Grant	715	$0	2026-05-22	2026-05-27
MacDonald Richard D Director · Common Stock · 2026-05-22	Grant	715	$0	2026-05-22	2026-05-27
Schweihofer Steven Director · Common Stock · 2026-05-22	Grant	715	$0	2026-05-22	2026-05-27
Schmidt Sara A Director · Common Stock · 2026-05-22	Grant	715	$0	2026-05-22	2026-05-27
Sparks Amy L Director · Common Stock · 2026-05-22	Grant	906	$0	2026-05-22	2026-05-27

SEC filings

EDGAR filings in MBWM · 2 recent

EDGAR →

Get daily signals & real-time alerts.

StockSetups scans ~12,300 US stocks & ETFs after every close and sorts every long setup into four ranked lanes — each with a trade plan — plus an always-on engine firing 35+ real-time intraday alerts. Free for 14 days, cancel in one click.

Start free — 14-day full access →

Educational data, not financial advice. Patterns, levels and the trade plan are algorithmic, not a recommendation to trade.