49.24

1.55% 0.91

Mercantile Bank Corp (MBWM)

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

Mercantile Bank Corp stock is traded at $49.24, with a volume of 18,947. It is up +1.55% in the last 24 hours and up +13.19% 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:

$48.33

Open:

$48.56

24h Volume:

18,947

Relative Volume:

0.35

Market Cap:

$801.45M

Revenue:

$228.58M

Net Income/Loss:

$82.80M

P/E Ratio:

9.9274

EPS:

4.96

Net Cash Flow:

$83.15M

1W Performance:

-0.75%

1M Performance:

+13.19%

6M Performance:

+24.63%

1Y Performance:

+40.63%

1-Day Range:

$48.56

$49.67

1-Week Range:

$47.70

$49.79

52-Week Range:

$33.46

$51.31

Mercantile Bank Corp Stock (MBWM) Company Profile

Name

Mercantile Bank Corp

Sector

Financial (4844)

Industry

Banks - Regional (365)

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

Compare MBWM with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
MBWM	49.16	801.45M	228.58M	82.80M	83.15M	4.96
HDB	63.58	161.04B	23.97B	7.51B	11.69B	3.282
IBN	29.77	104.86B	21.87B	5.68B	9.52B	1.3701
PNC	206.97	82.02B	20.62B	5.14B	10.94B	14.41
USB	51.77	80.68B	27.09B	5.48B	6.92B	3.36
NU	13.43	64.02B	7.85B	1.78B	3.63B	2.778

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

Nov 16, 2024

Mercantile Bank Co. (NASDAQ:MBWM) Sees Significant Decrease in Short Interest - MarketBeat

Nov 16, 2024

Mercantile Bank Co. (NASDAQ:MBWM) Director Robert B. Kaminski Sells 4,000 Shares - MarketBeat

Nov 16, 2024

Cornercap Investment Counsel Inc. Sells 14,985 Shares of Mercantile Bank Co. (NASDAQ:MBWM) - MarketBeat

Nov 16, 2024

Nov 15, 2024

Mercantile bank director Robert Kaminski sells $198,040 in stock - Investing.com

Nov 15, 2024

Mercantile bank director Robert Kaminski sells $198,040 in stock By Investing.com - Investing.com UK

Nov 15, 2024

Nov 11, 2024

Tamilnad Mercantile Bank Limited Announces Head of Internal Audit (Executive Vice President) Changes - Marketscreener.com

Nov 11, 2024

Nov 08, 2024

Mercantile bank director Robert Kaminski sells $10,627 in stock By Investing.com - Investing.com UK

Nov 05, 2024

Mercantile bank director Robert Kaminski sells $10,627 in stock - Investing.com

Nov 05, 2024

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

Nov 05, 2024

Oct 30, 2024

Mercantile Bank Corporation Declares Regular Cash Dividend - GuruFocus.com

Oct 30, 2024

Oct 29, 2024

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

Oct 29, 2024

Oct 28, 2024

Q2 Results Today: Airtel, BHEL, Sun Pharma, PNB, Suzlon Energy among others to declare quarterly earningsFULL LIST - ET Now

Oct 28, 2024

Oct 27, 2024

Mercantile Bank Q3 profit up 35% - The Daily Star

Oct 27, 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