Mercantile Bank Corporation (MBWM)
| Market Cap | 470.64M |
| Revenue (ttm) | 148.87M |
| Net Income (ttm) | 43.37M |
| Shares Out | 16.23M |
| EPS (ttm) | 2.71 |
| PE Ratio | 10.55 |
| Forward PE | 14.29 |
| Dividend | $1.16 |
| Dividend Yield | 4.06% |
| Trading Day | January 26 |
| Last Price | $28.59 |
| Previous Close | $28.82 |
| Change ($) | -0.23 |
| Change (%) | -0.80% |
| Day's Open | 29.03 |
| Day's Range | 28.50 - 29.10 |
| Day's Volume | 47,384 |
| 52-Week Range | 16.93 - 32.47 |
Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q4 2020 Results - Earnings Call Transcript
Mercantile Bank Corp (NASDAQ:MBWM), Bank of America Corp (NYSE:BAC), Alliant Energy Corp (NASDAQ:LNT) and Columbus McKinnon Corp (NASDAQ:CMCO) announced quarterly dividends on Tuesday, Jan. 19.
Shares of Mercantile Bank (NASDAQ:MBWM) fell 1.0% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 4.82% year over year to $0.87, which...
GRAND RAPIDS, Mich., Jan. 19, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $14.1 million, or $0.87 per diluted share, for the fourth qu...
Mercantile Bank (MBWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SAN JUAN, PR, Jan. 7, 2021 – OTC PR WIRE — Mercantile Bank International Corp. (“MBI”) (www.mercantile-bank.com), an innovative payments and digital asset custody bank based in Puerto Rico, to...
Mercantile Bank Corporation (MBWM) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
HASTINGS, Mich., Oct. 26, 2020 /PRNewswire/ -- Lake Trust Credit Union ("Lake Trust"), a community-based credit union serving nearly 200,000 individuals and businesses throughout Michigan, ann...
Mercantile Bank Corporation (MBWM) CEO Robert Kaminski on Q3 2020 Results - Earnings Call Transcript
Mercantile Bank Corporation (MBWM) CEO Robert Kaminski on Q3 2020 Results - Earnings Call Transcript
Mercantile Bank (MBWM) delivered earnings and revenue surprises of 57.14% and 9.32%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the st...
Shares of Mercantile Bank (NASDAQ:MBWM) were flat in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share fell 14.29% year over year to $0.66, which b...
GRAND RAPIDS, Mich., Oct. 20, 2020 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $10.7 million, or $0.66 per diluted share, for the third qua...
GRAND RAPIDS, Mich., Oct. 20, 2020 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on October 15, 2020, its Board of Directors declared a regular...
Mercantile Bank (MBWM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
GRAND RAPIDS, Mich., Sept. 30, 2020 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will hold a conference call to discuss third quarter 2020 results on Tuesday, October 20, 2020, a...
GRAND RAPIDS, Mich., Aug. 27, 2020 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile"), announced today the appointments of David B.
Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q2 2020 Results - Earnings Call Transcript
Mercantile Bank (MBWM) delivered earnings and revenue surprises of 68.75% and 13.33%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
GRAND RAPIDS, Mich., July 21, 2020 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $8.7 million, or $0.54 per diluted share, for the second qua...
GRAND RAPIDS, Mich., July 21, 2020 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on July 16, 2020, its Board of Directors declared a regular qu...
Mercantile Bank (MBWM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Mercantile Bank (MBWM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q1 2020 Results - Earnings Call Transcript
Mercantile Bank (MBWM) delivered earnings and revenue surprises of 47.73% and 4.74%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Mercantile Bank (MBWM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Mercantile Bank (MBWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mercantile Bank Corporation: An Undervalued Gem In An Overvalued Market
Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q4 2019 Results - Earnings Call Transcript
Mercantile Bank (MBWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
COSTA MESA, Calif., Dec. 20, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it ...
COSTA MESA, Calif., Dec. 11, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it ...
Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q3 2019 Results - Earnings Call Transcript
Mercantile Bank (MBWM) delivered earnings and revenue surprises of 22.22% and 4.35%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the st...
Mercantile Bank (MBWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
COSTA MESA, Calif., Sept. 18, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it...
COSTA MESA, Calif., Sept. 12, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it...
COSTA MESA, Calif., Sept. 03, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it...
Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q2 2019 Results - Earnings Call Transcript
Mercantile Bank (MBWM) delivered earnings and revenue surprises of 3.28% and 5.45%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Mercantile Bank (MBWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q1 2019 Results - Earnings Call Transcript
Mercantile Bank (MBWM) delivered earnings and revenue surprises of 1.67% and 7.53%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Mercantile Bank (MBWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
About MBWM
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services for small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial, residential mortgage, and instalment loans; vacant land, land development, and residential construction loans; owner and non-owner occupied, and mu... [Read more...]
| Industry Banks-Regional | IPO Date Aug 7, 1997 |
| CEO Robert Kaminski | Employees 621 |
| Stock Exchange NASDAQ | Ticker Symbol MBWM |
Financial Performance
In 2019, MBWM's revenue was $149.74 million, an increase of 8.51% compared to the previous year's $137.99 million. Earnings were $49.46 million, an increase of 17.69%.
Analyst Forecasts
According to 5 analysts, the average rating for MBWM stock is "Hold." The 12-month stock price forecast is 31.25, which is an increase of 9.30% from the latest price.