Mercantile Bank (FRA:MCS) Margin of Safety % (DCF Earnings Based) : 59.16% (As of Jun. 16, 2024)

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What is Mercantile Bank Margin of Safety % (DCF Earnings Based)?

Margin of Safety % (DCF Earnings Based) = (Intrinsic Value: DCF (Earnings Based) - Current Price) / Intrinsic Value: DCF (Earnings Based).

Note: Discounted Earnings model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's Predictability Rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

As of today (2024-06-16), Mercantile Bank's Predictability Rank is 4.5-Stars. Mercantile Bank's intrinsic value calculated from the Discounted Earnings model is €83.25 and current share price is €34.00. Consequently,

Mercantile Bank's Margin of Safety % (DCF Earnings Based) using Discounted Earnings model is 59.16%.

Competitive Comparison of Mercantile Bank's Margin of Safety % (DCF Earnings Based)

For the Banks - Regional subindustry, Mercantile Bank's Margin of Safety % (DCF Earnings Based), along with its competitors' market caps and Margin of Safety % (DCF Earnings Based) 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's Margin of Safety % (DCF Earnings Based) Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mercantile Bank's Margin of Safety % (DCF Earnings Based) distribution charts can be found below:

* The bar in red indicates where Mercantile Bank's Margin of Safety % (DCF Earnings Based) falls into.

Mercantile Bank Margin of Safety % (DCF Earnings Based) Calculation

Mercantile Bank's Margin of Safety % (DCF Earnings Based) for today is calculated as

Margin of Safety % (DCF Earnings Based)	=	(Intrinsic Value: DCF (Earnings Based)	-	Current Price)	/	Intrinsic Value: DCF (Earnings Based)
	=	(83.25	-	34.00)	/	83.25
	=	59.16 %

* 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.

The intrinsic value is calculated from the Discounted Earnings model with default parameters. The calculation method is the same as Discounted Cash Flow model except earnings are used in the calculation instead of free cash flow.

Mercantile Bank Margin of Safety % (DCF Earnings Based) Related Terms

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Mercantile Bank (FRA:MCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mercantile Bank Corp (FRA:MCS) » Definitions » Margin of Safety % (DCF Earnings Based)

Comparable Companies

Traded in Other Exchanges

MBWM:USA

Address

310 Leonard Street NW, Grand Rapids, MI, USA, 49504

Website

https://www.mercbank.com

Mercantile Bank Corp operates as a bank holding company. The bank provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.