Mercantile Bank
MBWM
$38.47
Share price
0.87%
Change (1 day)
49.86%
Change (1 year)
Categories
P/S ratio for Mercantile Bank (MBWM)
P/S ratio as of May 2024 (TTM): 2.72
According to Mercantile Bank's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.72457. At the end of 2023 the company had a P/S ratio of 2.87.
P/S ratio history for Mercantile Bank from 2001 to 2023
PS ratio at the end of each year
| Year | P/S ratio | Change |
|---|---|---|
| 2023 | 2.87 | 2.74% |
| 2022 | 2.79 | -9.86% |
| 2021 | 3.10 | 16.82% |
| 2020 | 2.65 | -32.98% |
| 2019 | 3.95 | 17.71% |
| 2018 | 3.36 | -25.85% |
| 2017 | 4.53 | -6.45% |
| 2016 | 4.84 | 41.4% |
| 2015 | 3.42 | -15.73% |
| 2014 | 4.06 | 17.08% |
| 2013 | 3.47 | 32.17% |
| 2012 | 2.63 | 83.2% |
| 2011 | 1.43 | 33.39% |
| 2010 | 1.07 | 143.32% |
| 2009 | 0.4417 | -35.59% |
| 2008 | 0.6859 | -68.12% |
| 2007 | 2.15 | -52.44% |
| 2006 | 4.52 | -5.64% |
| 2005 | 4.79 | -21.14% |
| 2004 | 6.08 | -12.7% |
| 2003 | 6.96 | 52.5% |
| 2002 | 4.57 | 0.65% |
| 2001 | 4.54 |
P/S ratio for similar companies or competitors
| Company | P/S ratio | P/S ratio differencediff. | Country |
|---|---|---|---|
 Macatawa Bank MCBC | 4.71 | 72.99% | 🇺🇸 USA |
 Independent Bank (Michigan) IBCP | 2.61 | -4.17% | 🇺🇸 USA |
 1st Source
SRCE | 3.42 | 25.70% | 🇺🇸 USA |