MBWM (Mercantile Bank) Change In Inventory: $0.0 Mil (TTM As of Jun. 2026)

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MBWM Mercantile Bank Corp MBWM
67 GF Score
Price $60.25
GF Value $48.83
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Mercantile Bank Change In Inventory?

Mercantile Bank MBWM +0.78% 67 Change In Inventory is $0.0 Mil as of Jun. 2026. GuruFocus rates MBWM with a GF Score™ of 67/100 and a GF Value™ of $48.83 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Mercantile Bank's change in inventory for the quarter that ended in Jun. 2026 was $0.0 Mil. It means Mercantile Bank's inventory stayed the same from Mar. 2026 to Jun. 2026 .

Mercantile Bank's change in inventory for the fiscal year that ended in Dec. 2025 was $0.0 Mil. It means Mercantile Bank's inventory stayed the same from Dec. 2024 to Dec. 2025 .

Mercantile Bank's Total Inventories for the quarter that ended in Jun. 2026 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Mercantile Bank's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.00.

Mercantile Bank  (NAS:MBWM) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Mercantile Bank's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0/0*365 / 4
=N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Mercantile Bank's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 0
=N/A

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Mercantile Bank's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 68.756
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mercantile Bank Change In Inventory Related Terms

Mercantile Bank Change In Inventory Historical Data

* Premium members only.

The historical data trend for Mercantile Bank's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mercantile Bank Change In Inventory Chart

Mercantile Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
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Mercantile Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
MBWM
67GF Score
Mercantile Bank Corp MBWM
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercantile Bank Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.0 Mil mean?
Mercantile Bank (MBWM) has a Change In Inventory of $0.0 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Mercantile Bank and its competitors.
Is Mercantile Bank's Change In Inventory too high?
Mercantile Bank's current Change In Inventory is $0.0 Mil. Overall, Mercantile Bank has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercantile Bank's Change In Inventory compare to SBSI and BFST?
Mercantile Bank's Change In Inventory of $0.0 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Banks company?
A good Change In Inventory depends on the Banks industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Mercantile Bank and its competitors. Mercantile Bank's current Change In Inventory is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercantile Bank stock overvalued right now?
Based on GuruFocus' analysis, Mercantile Bank (MBWM) is currently considered Modestly Overvalued. The stock's GF Value™ is $48.83, compared to a current price of $60.25 — trading 23.4% above its estimated fair value. The current Change In Inventory is $0.0 Mil. Mercantile Bank's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Mercantile Bank (MBWM), the current Change In Inventory is $0.0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mercantile Bank (MBWM) Overvalued in 2026?

Based on GuruFocus' analysis, Mercantile Bank stock appears to be overvalued. The current stock price of $60.25 is trading 23.4% above its estimated GF Value™ of $48.83. GuruFocus considers Mercantile Bank to be Modestly Overvalued.

Key valuation signals for MBWM:

  • Change In Inventory: $0.0 Mil
  • GF Value™: $48.83 vs. price of $60.25 (23.4% above fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the MBWM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mercantile Bank Business Description

Address 310 Leonard Street NW, Grand Rapids, MI, USA, 49504
Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.
67GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$60.25
Price
$48.83
GF Value