Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings.
Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings.
MERCANTILE BANK CORP
Bear Case (25th pct.)
9.5% vs price
Base Case (Median)
19.6% vs price
Bull Case (75th pct.)
26.1% vs price
◇ = Current price | | Bear | Base | Bull
| Method | Est. Value | vs Price | Weight |
|---|---|---|---|
| DCF (Discounted Cash Flow) | $53.64 | -9.9% | High (40%) |
| PE Comparable | $68.99 | 15.9% | Medium (25%) |
| Growth Trajectory DCF | $80.27 | 34.9% | Medium (20%) |
| Graham Number | $73.29 | 23.2% | High (80%) |
Based on 4 out of 8 methods, MBWM appears undervalued at the current price of $59.50. The base case fair value of $71.14 implies 19.6% upside.
Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.