43.70

1.16% 0.69

Mercantile Bank Corp (MBWM)

Overview News Price History Option Chain Financials Discussions Forecast Stock Split Dividend History

Mercantile Bank Corp stock is traded at $43.70, with a volume of 24,019. It is up +1.16% in the last 24 hours and up +4.14% over the past month. Mercantile Bank Corp operates as a bank holding company. It provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.

Previous Close:

$43.01

Open:

$43.03

24h Volume:

24,019

Relative Volume:

0.45

Market Cap:

$693.35M

Revenue:

$228.58M

Net Income/Loss:

$82.80M

P/E Ratio:

8.8105

EPS:

4.96

Net Cash Flow:

$83.15M

1W Performance:

-0.59%

1M Performance:

+4.14%

6M Performance:

+13.10%

1Y Performance:

+25.43%

1-Day Range:

$42.98

$43.92

1-Week Range:

$42.40

$45.34

52-Week Range:

$32.51

$51.21

Mercantile Bank Corp Stock (MBWM) Company Profile

Name

Mercantile Bank Corp

Sector

Financial (4772)

Industry

Banks - Regional (363)

Phone

616 406-3000

Address

310 LEONARD STREET NW, GRAND RAPIDS, MI

Employee

665

Twitter

@mercbank

Next Earnings Date

2024-10-15

Latest SEC Filings

MBWM's Discussions on Twitter

Mercantile Bank Corp Stock (MBWM) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
May-08-24	Downgrade	Janney	Buy → Neutral
Mar-04-24	Downgrade	Hovde Group	Outperform → Market Perform
Jan-16-24	Upgrade	Janney	Neutral → Buy
Mar-07-23	Upgrade	Piper Sandler	Neutral → Overweight
Jan-18-23	Downgrade	Raymond James	Outperform → Mkt Perform
Oct-06-22	Downgrade	Raymond James	Strong Buy → Outperform
Jul-28-22	Upgrade	Hovde Group	Market Perform → Outperform
Mar-02-22	Upgrade	Raymond James	Outperform → Strong Buy
Jan-19-22	Upgrade	Raymond James	Mkt Perform → Outperform
Mar-01-18	Upgrade	Keefe Bruyette	Mkt Perform → Outperform
Jul-06-17	Initiated	DA Davidson	Neutral
Jan-18-17	Downgrade	Raymond James	Outperform → Mkt Perform
Nov-29-16	Downgrade	Keefe Bruyette	Outperform → Mkt Perform
Nov-21-16	Initiated	Hovde Group	Market Perform
Aug-25-15	Upgrade	Raymond James	Mkt Perform → Outperform
Jul-22-15	Downgrade	Sandler O'Neill	Buy → Hold
Sep-26-13	Initiated	DA Davidson	Neutral
Apr-16-09	Reiterated	RBC Capital Mkts	Sector Perform
Jan-15-09	Downgrade	Stifel Nicolaus	Buy → Hold
Mar-19-08	Upgrade	Stifel Nicolaus	Hold → Buy
Jan-10-08	Reiterated	RBC Capital Mkts	Sector Perform
Oct-11-07	Reiterated	RBC Capital Mkts	Sector Perform
Jul-12-07	Reiterated	RBC Capital Mkts	Sector Perform
Apr-13-07	Downgrade	Stifel Nicolaus	Buy → Hold
Mar-21-07	Reiterated	Stifel Nicolaus	Buy

View All

Mercantile Bank Corp Stock (MBWM) Latest News

02:54 AM

Vanguard Group Inc's Strategic Acquisition of Mercantile Bank Co - GuruFocus.com

02:54 AM

Oct 30, 2024

Mercantile Bank Corporation Declares Regular Cash Dividend - GuruFocus.com

Oct 30, 2024

Oct 28, 2024

Stock Radar: Bharti Airtel, Adani Power, Suzlon, Federal Bank, Quess Corp, Genesys International in focus... - Moneycontrol

Oct 28, 2024

Oct 18, 2024

Mercantile Bank Co. (NASDAQ:MBWM) Shares Sold by Inspire Investing LLC - MarketBeat

Oct 18, 2024

Oct 17, 2024

Top US Dividend Stocks To Watch In October 2024 - Simply Wall St

Oct 17, 2024

Oct 16, 2024

Mercantile Bank Corporation (NASDAQ:MBWM) Q3 2024 Earnings Call Transcript - Insider Monkey

Oct 16, 2024

Mercantile Bank Third Quarter 2024 Earnings: Beats Expectations - Yahoo Finance

Oct 16, 2024