MBWM

Mercantile Bank Corporation

36.49 USD

Last updated Dec 10, 01:48 UTC

Yesterday HIGH

$37.78

Yesterday LOW

$37

52w HIGH

$37.78

52w LOW

$23.89

EPS

1.3

PE

28.07

Next Earnings

Jan 16, 2024

Overview News Government Trades

Mercantile Bank Corporation stock is up 9.19% since 30 days ago. The next earnings date is Jan 16, 2024. The company has had above-average volume in the last 30 days. Its seasonality going into this month shows a chance of a green month, as 48% of the previous 24 December’s closed higher than November.

Mercantile Bank of Michigan provides commercial and retail banking services to 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. As of January 18, 2022, the company operated 44 banking offices.

Stock Exchange

NASDAQ

Sector

Finance, Insurance, And Real Estate

Industry

Banking

Headquarters

Grand Rapids, United States Of America

Website

mercbank.com

Benzinga Insights

Tue Mar 7, 2023

Benzinga's Top Ratings Upgrades, Downgrades For March 7, 2023
richadhand@benzinga.com

Tue Mar 7, 2023

Piper Sandler Upgrades Mercantile Bank to Overweight, Raises Price Target to $40

Piper Sandler analyst Brandan Nosal upgrades Mercantile Bank (NASDAQ:MBWM) from Neutral to Overweight and raises the price target from $38 to $40.
Benzinga Insights

Wed Jan 18, 2023

Benzinga's Top Ratings Upgrades, Downgrades For January 18, 2023
Benzinga Newsdesk

Wed Jan 18, 2023

Raymond James Downgrades Mercantile Bank to Market Perform

Raymond James analyst Daniel Tamayo downgrades Mercantile Bank (NASDAQ:MBWM) from Outperform to Market Perform.
Benzinga Newsdesk

Tue Jan 17, 2023

Mercantile Bank Q4 EPS $1.37 Beats $1.20 Estimate

Mercantile Bank (NASDAQ:MBWM) reported quarterly earnings of $1.37 per share which beat the analyst consensus estimate of $1.20 by 14.17 percent. This is a 85.14 percent increase over earnings of $0.74 per share from the
Benzinga Newsdesk

Tue Jan 17, 2023

Mercantile Bank Corporation Raises Quarterly Dividend From $0.32 To $0.33/Shares
Benzinga Insights

Tue Jan 17, 2023

Earnings Scheduled For January 17, 2023

Companies Reporting Before The Bell • Goldman Sachs Group (NYSE:GS) is projected to report quarterly earnings at $5.48 per share on revenue of $10.83 billion.
Benzinga Insights

Mon Jan 16, 2023

Mercantile Bank Earnings Preview
Benzinga Newsdesk

Wed Oct 19, 2022

Raymond James Maintains Outperform on Mercantile Bank, Raises Price Target to $38

Raymond James analyst Daniel Tamayo maintains Mercantile Bank (NASDAQ:MBWM) with a Outperform and raises the price target from $35 to $38.
Benzinga Insights

Tue Oct 18, 2022

Recap: Mercantile Bank Q3 Earnings

Mercantile Bank (NASDAQ:MBWM) reported its Q3 earnings results on Tuesday, October 18, 2022 at 05:01 AM. Here's what investors need to know about the announcement.