50.34

2.11% 1.04

After Hours: 50.32 -0.02 -0.04%

Mercantile Bank Corp (MBWM)

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

Mercantile Bank Corp stock is traded at $50.34, with a volume of 49,502. It is up +2.11% in the last 24 hours and up +15.49% 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:

$49.30

Open:

$49.72

24h Volume:

49,502

Relative Volume:

0.79

Market Cap:

$812.58M

Revenue:

$228.58M

Net Income/Loss:

$82.80M

P/E Ratio:

9.7558

EPS:

5.16

Net Cash Flow:

$83.15M

1W Performance:

+3.26%

1M Performance:

+15.49%

6M Performance:

+19.01%

1Y Performance:

+32.51%

1-Day Range:

$49.32

$50.37

1-Week Range:

$45.37

$50.37

52-Week Range:

$33.46

$52.98

Mercantile Bank Corp Stock (MBWM) Company Profile

Name

Mercantile Bank Corp

Sector

Financial (4961)

Industry

Banks - Regional (382)

Phone

616 406-3000

Address

310 LEONARD STREET NW, GRAND RAPIDS, MI

Employee

665

Twitter

@mercbank

Next Earnings Date

2025-01-21

Latest SEC Filings

MBWM's Discussions on Twitter

Compare MBWM with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
MBWM Mercantile Bank Corp	50.34	812.58M	228.58M	82.80M	83.15M	5.16
HDB Hdfc Bank Ltd Adr	61.95	157.98B	23.97B	7.51B	11.69B	3.1961
IBN Icici Bank Ltd Adr	29.06	102.50B	23.28B	5.88B	9.52B	1.6401
PNC Pnc Financial Services Group Inc	202.43	80.15B	20.81B	5.89B	10.94B	13.75
USB U S Bancorp	47.74	74.47B	27.34B	6.30B	6.92B	3.79
MFG Mizuho Financial Group Inc Adr	5.65	71.17B	23.80B	5.86B	0	0.4628

Mercantile Bank Corp Stock (MBWM) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jan-22-25	Upgrade	Hovde Group	Market Perform → Outperform
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

Feb 06, 2025

Mercantile Bank issues performance-based stock grants - Investing.com

Feb 06, 2025

Feb 04, 2025

Mercantile Bank Co. (NASDAQ:MBWM) Shares Sold by EMC Capital Management - MarketBeat

Feb 04, 2025

Feb 01, 2025

Robert B. Kaminski Sells 3,000 Shares of Mercantile Bank Co. (NASDAQ:MBWM) Stock - MarketBeat

Feb 01, 2025

Jan 31, 2025

Mercantile Bank Co. (NASDAQ:MBWM) Director Sells $150,480.00 in Stock - MarketBeat

Jan 31, 2025

Jan 25, 2025

Tributary Capital Management LLC Increases Stock Holdings in Mercantile Bank Co. (NASDAQ:MBWM) - MarketBeat

Jan 25, 2025

Jan 23, 2025

Mercantile Bank Co. (NASDAQ:MBWM) Raises Dividend to $0.37 Per Share - MarketBeat

Jan 23, 2025

Mercantile Bank Corporation (NASDAQ: MBWM) Reports Financial Results and Conference Call Plans - Defense World

Jan 23, 2025

Jan 22, 2025

Mercantile Bank (NASDAQ:MBWM) Issues Earnings Results - MarketBeat

Jan 22, 2025

Mercantile Bank (MBWM) Stock Surges Amid Positive Earnings Repor - GuruFocus.com

Jan 22, 2025

Deposit surge keeps Michigan bank on solidly profitable footing - American Banker

Jan 22, 2025

Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for Mercantile Bank (NASDAQ:MBWM) Stock - MarketBeat

Jan 22, 2025

Mercantile Bank Corporation (NASDAQ:MBWM) Q4 2024 Earnings Call Transcript - Insider Monkey

Jan 22, 2025

Mercantile Bank Full Year 2024 Earnings: EPS Beats Expectations - Yahoo Finance

Jan 22, 2025

Assenagon Asset Management S.A. Makes New Investment in Mercantile Bank Co. (NASDAQ:MBWM) - MarketBeat

Jan 22, 2025