company background image
MERCANBANK logo

Mercantile Bank DSE:MERCANBANK Stock Report

Last Price

৳9.10

Market Cap

৳10.1b

7D

2.2%

1Y

-31.6%

Updated

02 Jun, 2024

Data

Company Financials

Mercantile Bank PLC.

DSE:MERCANBANK Stock Report

Market Cap: ৳10.1b

MERCANBANK Stock Overview

Provides various commercial banking services in Bangladesh.

MERCANBANK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends3/6

Mercantile Bank PLC. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mercantile Bank
Historical stock prices
Current Share Price৳9.10
52 Week High৳13.90
52 Week Low৳8.70
Beta-0.063
1 Month Change-18.75%
3 Month Change-27.78%
1 Year Change-31.58%
3 Year Change-31.85%
5 Year Change-31.99%
Change since IPO386.59%

Recent News & Updates

Recent updates

Shareholder Returns

MERCANBANKBD BanksBD Market
7D2.2%-0.2%0.01%
1Y-31.6%-9.2%-24.8%

Return vs Industry: MERCANBANK underperformed the BD Banks industry which returned -9.2% over the past year.

Return vs Market: MERCANBANK underperformed the BD Market which returned -24.8% over the past year.

Price Volatility

Is MERCANBANK's price volatile compared to industry and market?
MERCANBANK volatility
MERCANBANK Average Weekly Movement4.3%
Banks Industry Average Movement3.6%
Market Average Movement5.3%
10% most volatile stocks in BD Market8.0%
10% least volatile stocks in BD Market3.2%

Stable Share Price: MERCANBANK's share price has been volatile over the past 3 months.

Volatility Over Time: MERCANBANK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19992,695Md. Quamrul Chowdhurywww.mblbd.com

Mercantile Bank PLC. provides various commercial banking services in Bangladesh. The company offers current deposit, savings bank, special noticed deposit, and fixed deposit accounts, as well as various scheme and school banking deposits; home, car, personal, house furnishing, doctors, education, secured overdraft, and corporate and agriculture loans, as well as loans for green products refinance scheme; and small and medium enterprise financing services comprising term, continuous, short term seasonal, women entrepreneur's, and foreign trade loans, as well as factoring of receivable services.

Mercantile Bank PLC. Fundamentals Summary

How do Mercantile Bank's earnings and revenue compare to its market cap?
MERCANBANK fundamental statistics
Market cap৳10.07b
Earnings (TTM)৳2.05b
Revenue (TTM)৳11.50b

4.9x

P/E Ratio

0.4x

P/B Ratio

Is MERCANBANK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MERCANBANK income statement (TTM)
Revenue৳11.50b
Cost of Revenue৳0
Gross Profit৳11.50b
Other Expenses৳9.45b
Earnings৳2.05b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.86
Gross Margin100.00%
Net Profit Margin17.87%
Debt/Equity Ratio97.2%

How did MERCANBANK perform over the long term?

See historical performance and comparison

Dividends

11.0%

Current Dividend Yield

54%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.