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Mercantile Bank Corporation (MBWM)

Stock Price: $28.59 USD -0.23 (-0.80%)
Updated Jan 26, 2021 4:00 PM EST - Market closed
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

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Seeking Alpha - 1 week ago

Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q4 2020 Results - Earnings Call Transcript

GuruFocus - 1 week ago

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.

Other stocks mentioned: BAC, CMCO, LNT
Benzinga - 1 week ago

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...

PRNewsWire - 1 week ago

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...

Zacks Investment Research - 2 weeks ago

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.

OTC PR Wire - 2 weeks ago

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...

Zacks Investment Research - 1 month ago

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.

Zacks Investment Research - 2 months ago

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...

PRNewsWire - 3 months ago

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...

Seeking Alpha - 3 months ago

Mercantile Bank Corporation (MBWM) CEO Robert Kaminski on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 3 months ago

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...

Benzinga - 3 months ago

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...

PRNewsWire - 3 months ago

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...

PRNewsWire - 3 months ago

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...

Zacks Investment Research - 3 months ago

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.

PRNewsWire - 3 months ago

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...

PRNewsWire - 4 months ago

GRAND RAPIDS, Mich., Aug. 27, 2020 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile"), announced today the appointments of David B.

Seeking Alpha - 6 months ago

Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 6 months ago

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?

PRNewsWire - 6 months ago

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...

PRNewsWire - 6 months ago

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...

Zacks Investment Research - 6 months ago

Mercantile Bank (MBWM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research - 6 months ago

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.

Seeking Alpha - 9 months ago

Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q1 2020 Results - Earnings Call Transcript

Zacks Investment Research - 9 months ago

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?

Zacks Investment Research - 9 months ago

Mercantile Bank (MBWM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research - 9 months ago

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.

Seeking Alpha - 10 months ago

Mercantile Bank Corporation: An Undervalued Gem In An Overvalued Market

Seeking Alpha - 1 year ago

Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q4 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

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.

GlobeNewsWire - 1 year ago

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 ...

GlobeNewsWire - 1 year ago

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 ...

Seeking Alpha - 1 year ago

Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q3 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

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...

Zacks Investment Research - 1 year ago

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.

GlobeNewsWire - 1 year ago

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...

GlobeNewsWire - 1 year ago

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...

GlobeNewsWire - 1 year ago

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...

Seeking Alpha - 1 year ago

Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q2 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

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?

Zacks Investment Research - 1 year ago

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.

Zacks Investment Research - 1 year ago

WTFC vs. MBWM: Which Stock Is the Better Value Option?

Other stocks mentioned: WTFC
Zacks Investment Research - 1 year ago

FBIZ vs. MBWM: Which Stock Is the Better Value Option?

Other stocks mentioned: FBIZ
Seeking Alpha - 1 year ago

Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q1 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

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?

Zacks Investment Research - 1 year ago

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$31.25
(9.30% upside)
Analyst Consensus: Hold