MBWM (Mercantile Bank) ROCE %: % (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

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 ROCE %?

Mercantile Bank MBWM +0.78% 67 ROCE % is % 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.

ROCE % does not apply to banks and insurance companies.

MBWM
67GF Score
Mercantile Bank Corp MBWM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of % mean?
Mercantile Bank (MBWM) has a ROCE % of % as of Jun. 2026.
Is Mercantile Bank's ROCE % too high?
Mercantile Bank's current ROCE % is %. 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 ROCE % compare to SBSI and BFST?
Mercantile Bank's ROCE % of % can be compared against companies in the Banks industry. The industry median ROCE % is 2.81. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Banks company?
The median ROCE % among Banks companies is 2.81, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median ROCE % is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercantile Bank's current ROCE % is %. 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 ROCE % is %. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Mercantile Bank (MBWM), the current ROCE % is % 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:

  • ROCE %: %
  • 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

Get the complete analysis for MBWM

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

$60.25
Price
$48.83
GF Value