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Mercantile BankFRA:MCS 67 3-Year Dividend Growth Rate is 6.00% as of Jun. 2026, which is 46% below its 10-year median of 11.15. GuruFocus rates FRA:MCS with a GF Score™ of 67/100 and a GF Value™ of €41.32. The stock has 7 warning signs investors should review. Among 959 Banks companies, Mercantile Bank ranks worse than 62.04% on this metric.
The historical rank and industry rank for Mercantile Bank's 3-Year Dividend Growth Rate or its related term are showing as below:
FRA:MCS'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -73.8 Med: 11.15 Max: 255.7
Current: 6
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mercantile Bank was 255.70% per year. The lowest was -73.80% per year. And the median was 11.15% per year.
FRA:MCS's 3-Year Dividend Growth Rate is ranked worse than 62.04% of 959
companies
in the Banks industry
Industry Median: 10.1
vs FRA:MCS: 6.00
During the past 12 months, Mercantile Bank's average Dividends Per Share Growth Rate was 5.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 6.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 6.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 9.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest Dividend Payout Ratio of Mercantile Bank was 0.41. The lowest was 0.26. And the median was 0.33.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Mercantile Bank Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.390000
2026-06-05
2026-06-05
2026-06-17
Cash Dividend
quarterly
USD:EUR 0.868000
USD 0.390000
2026-03-06
2026-03-06
2026-03-18
Cash Dividend
quarterly
USD:EUR 0.865000
USD 0.380000
2025-12-05
2025-12-05
2025-12-17
Cash Dividend
quarterly
USD:EUR 0.854000
USD 0.380000
2025-09-05
2025-09-05
2025-09-17
Cash Dividend
quarterly
USD:EUR 0.852000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Mercantile Bank's Dividend Yield (%) for Today is calculated as
Current Share Price is €51.00.
Mercantile Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is €1.32415.
During the past 13 years, the highest Dividend Yield of Mercantile Bank was 6.24%. The lowest was 1.70%. And the median was 3.19%.
Warning Sign:
Mercantile Bank Corp stock Dividend Yield % is close to 5-year low.
* 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 3-Year Dividend Growth Rate Related Terms>
FRA:MCS vs SBSI, BFST, FBAK: 3-Year Dividend Growth Rate Comparison
For the Banks - Regional subindustry, Mercantile Bank's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mercantile Bank 3-Year Dividend Growth Rate vs Banks Industry
For the Banks industry and Financial Services sector, Mercantile Bank's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Mercantile Bank's 3-Year Dividend Growth Rate falls into.
Mercantile Bank 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Dividend Growth Rate of 6.00% mean?
Mercantile Bank (FRA:MCS) has a 3-Year Dividend Growth Rate of 6.00% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Mercantile Bank and its competitors. This is 46% below median its historical median of 11.15. According to the industry distribution chart, Mercantile Bank ranks #595 out of 959 companies in the Banks industry, placing it in the top 62%.
Is Mercantile Bank's 3-Year Dividend Growth Rate too high?
Mercantile Bank's current 3-Year Dividend Growth Rate of 6.00% is 46% below median its 10-year median of 11.15. The Banks industry median 3-Year Dividend Growth Rate is 10.10. Mercantile Bank's value of 6.00% is 40.6% below this industry median. Based on the distribution chart, Mercantile Bank ranks #595 out of 959 companies in the Banks industry, which is below the industry midpoint. Overall, Mercantile Bank has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Mercantile Bank's 3-Year Dividend Growth Rate compare to SBSI and BFST?
According to the Banks industry distribution chart, Mercantile Bank ranks #595 out of 959 companies for 3-Year Dividend Growth Rate. This places Mercantile Bank in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 10.10. Mercantile Bank's value of 6.00% is 40.6% below this benchmark. While the company's 10-year median is 11.15 vs. the industry median of 10.10, Mercantile Bank has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a Banks company?
The median 3-Year Dividend Growth Rate among Banks companies is 10.10, based on 959 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercantile Bank's current 3-Year Dividend Growth Rate of 6.00% is 40.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Mercantile Bank and its competitors. For the Banks industry, the median 3-Year Dividend Growth Rate is 10.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercantile Bank's current 3-Year Dividend Growth Rate is 6.00%, which is 46% below median its own 10-year median of 11.15. 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?
Mercantile Bank (FRA:MCS) has a current 3-Year Dividend Growth Rate of 6.00%. The stock's GF Value™ is €41.32, compared to a current price of €51.00 — trading 23.4% above its estimated fair value. The current 3-Year Dividend Growth Rate is 6.00%, which is 46% below median its 10-year median of 11.15 and 40.6% below the Banks industry median of 10.10. 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 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Mercantile Bank (FRA:MCS), the current 3-Year Dividend Growth Rate is 6.00% 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 (FRA:MCS) Overvalued in 2026?
Based on GuruFocus' analysis, Mercantile Bank stock appears to be overvalued.
The current stock price of €51.00 is trading 23.4% above its estimated GF Value™ of €41.32.
Key valuation signals for FRA:MCS:
3-Year Dividend Growth Rate: 6.00% (46% below median its 10-year median of 11.15)
GF Value™: €41.32 vs. price of €51.00 (23.4% above fair value)
Industry Position: 40.6% below the Banks median (#595 of 959)
No single metric tells the full story. See the FRA:MCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
Get the complete analysis for FRA:MCS
3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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