Mercantile Bank Corporation (MBWM)
| Market Cap | 493.50M |
| Revenue (ttm) | 159.95M |
| Net Income (ttm) | 47.71M |
| Shares Out | 16.28M |
| EPS (ttm) | 3.52 |
| PE Ratio | 8.76 |
| Forward PE | 8.48 |
| Dividend | $1.14 |
| Dividend Yield | 3.70% |
| Trading Day | July 23 |
| Last Price | $30.83 |
| Previous Close | $30.54 |
| Change ($) | 0.29 |
| Change (%) | 0.95% |
| Day's Open | 30.79 |
| Day's Range | 30.59 - 30.89 |
| Day's Volume | 25,150 |
| 52-Week Range | 16.60 - 34.16 |
CPLP, BCBP, MBWM, and NFG made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 22, 2021.
Mercantile Bank (MBWM) delivered earnings and revenue surprises of 36.59% and 9.73%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Mercantile Bank (NASDAQ:MBWM) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share rose 107.41% year over year to $1.12, which beat the estimate of $...
GRAND RAPIDS, Mich., July 20, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $18.1 million, or $1.12 per diluted share, for the second quarter of 2...
GRAND RAPIDS, Mich., July 20, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on July 15, 2021, its Board of Directors declared a regular quarterly ca...
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.
GRAND RAPIDS, Mich., July 6, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will hold a conference call to discuss second quarter 2021 results on Tuesday, July 20, 2021, at 10:00 a.m.
Top Ranked Income Stocks to Buy for June 11th
Mercantile Bank (MBWM) announces the renewal of its $20-million share buyback program.
GRAND RAPIDS, Mich., May 27, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that its Board of Directors has authorized the renewal of its stock repurchase...
Mercantile Bank (MBWM) delivered earnings and revenue surprises of 33.85% and 8.30%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Mercantile Bank (NASDAQ:MBWM) decreased 0.2% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 33.85% over the past year to $0.87, which...
GRAND RAPIDS, Mich., April 20, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $14.2 million, or $0.87 per diluted share, for the first quarter of 2...
GRAND RAPIDS, Mich., April 20, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 15, 2021, its Board of Directors declared a regular quarterly ...
Mercantile Bank (NASDAQ:MBWM) unveils its next round of earnings this Tuesday, April 20. Get prepared with Benzinga's ultimate preview for Mercantile Bank's Q1 earnings.
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.
Top Ranked Income Stocks to Buy for April 1st
GRAND RAPIDS, Mich., April 1, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will hold a conference call to discuss first quarter 2021 results on Tuesday, April 20, 2021, at 10:00 a.m.
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 beat the ...
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 quarter of 2...
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, today announ...
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 the latest v...
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, announced an ...
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 stock?
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 beat the es...
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 quarter of 20...
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 quarterly...
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, at 10:00 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 quarter of 20...
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 quarterly ca...
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 has been a...
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 634 |
| Stock Exchange NASDAQ | Ticker Symbol MBWM |
Financial Performance
In 2020, MBWM's revenue was $153.37 million, an increase of 2.42% compared to the previous year's $149.74 million. Earnings were $44.14 million, a decrease of -10.75%.
Analyst Forecasts
According to 5 analysts, the average rating for MBWM stock is "Hold." The 12-month stock price forecast is 34.50, which is an increase of 11.90% from the latest price.