MBWM icon

Mercantile Bank Corp

41.73 USD
+0.06
0.14%
Updated Apr 23, 12:33 PM EDT
1 day
0.14%
5 days
7.58%
1 month
-8.02%
3 months
-13.04%
6 months
-4.73%
Year to date
-4.66%
1 year
12.94%
5 years
90.98%
10 years
103.26%
 

About: 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.

Employees: 665

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 9

64% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 45

33% more call options, than puts

Call options by funds: $36K | Put options by funds: $27K

10% more funds holding

Funds holding: 161 [Q3] → 177 (+16) [Q4]

1.75% more ownership

Funds ownership: 61.9% [Q3] → 63.65% (+1.75%) [Q4]

5% more capital invested

Capital invested by funds: $436M [Q3] → $457M (+$21.3M) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for MBWM.

Financial journalist opinion

Based on 6 articles about MBWM published over the past 30 days

Neutral
Seeking Alpha
22 hours ago
Mercantile Bank Corporation (MBWM) Q1 2025 Earnings Call Transcript
Mercantile Bank Corporation (NASDAQ:MBWM ) Q1 2025 Earnings Conference Call April 22, 2025 10:00 AM ET Company Participants Ray Reitsma - President & CEO Chuck Christmas - EVP & CFO Nichole Kladder - CMO Conference Call Participants Brendan Nosal - Hovde Group Daniel Tamayo - Raymond James Damon DelMonte - KBW Adam Kroll - Piper Sandler Operator Good morning, and welcome to the Mercantile Bank Corporation 2025 first quarter earnings results conference call. [Operator instructions].
Mercantile Bank Corporation (MBWM) Q1 2025 Earnings Call Transcript
Neutral
Zacks Investment Research
1 day ago
Mercantile Bank (MBWM) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Mercantile Bank (MBWM) Reports Q1 Earnings: What Key Metrics Have to Say
Positive
Zacks Investment Research
1 day ago
Mercantile Bank (MBWM) Tops Q1 Earnings Estimates
Mercantile Bank (MBWM) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.34 per share a year ago.
Mercantile Bank (MBWM) Tops Q1 Earnings Estimates
Neutral
PRNewsWire
1 day ago
Mercantile Bank Corporation Announces Strong First Quarter 2025 Results
Growth in net interest income, notable increases in certain noninterest income categories, sustained strength in asset quality metrics, and continuing solid capital position highlight the quarter GRAND RAPIDS, Mich. , April 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $19.5 million, or $1.21 per diluted share, for the first quarter of 2025, compared with net income of $21.6 million, or $1.34 per diluted share, for the first quarter of 2024.
Mercantile Bank Corporation Announces Strong First Quarter 2025 Results
Neutral
PRNewsWire
1 day ago
Mercantile Bank Corporation Declares Regular Cash Dividend
Board declares $0.37 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.6 percent  GRAND RAPIDS, Mich. , April 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 17, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.37 per common share, payable on June 18, 2025, to holders of record as of June 6, 2025.
Mercantile Bank Corporation Declares Regular Cash Dividend
Neutral
PRNewsWire
3 weeks ago
Mercantile Bank Corporation Announces First Quarter 2025 Results Conference Call and Webcast
GRAND RAPIDS, Mich. , March 31, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.
Mercantile Bank Corporation Announces First Quarter 2025 Results Conference Call and Webcast
Positive
Seeking Alpha
1 month ago
31 Upcoming Dividend Increases, Including 3 Kings
This week sees 31 dividend increases, including three Dividend Kings: Genuine Parts, Commerce Bancshares, and Kimberly-Clark, showcasing impressive financial stability and growth. My investment strategy prioritizes companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation and portfolio prosperity. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth.
31 Upcoming Dividend Increases, Including 3 Kings
Neutral
Seeking Alpha
3 months ago
Mercantile Bank Corporation (MBWM) Q4 2024 Earnings Call Transcript
Mercantile Bank Corporation (NASDAQ:MBWM ) Q4 2024 Earnings Conference Call January 21, 2025 10:00 AM ET Company Participants Nichole Kladder - First Vice President and Chief Marketing Officer Raymond Reitsma - President and Chief Executive Officer Charles Christmas - Executive Vice President and Chief Financial Officer Conference Call Participants Daniel Tamayo - Raymond James Nathan Race - Piper Sandler Damon DelMonte - KBW Operator Good morning and welcome to the Mercantile Bank Corporation 2024 Fourth Quarter Earnings Conference Call. All participants will be in listen-only mode.
Mercantile Bank Corporation (MBWM) Q4 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
3 months ago
Compared to Estimates, Mercantile Bank (MBWM) Q4 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Compared to Estimates, Mercantile Bank (MBWM) Q4 Earnings: A Look at Key Metrics
Positive
Zacks Investment Research
3 months ago
Mercantile Bank (MBWM) Q4 Earnings and Revenues Beat Estimates
Mercantile Bank (MBWM) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.25 per share a year ago.
Mercantile Bank (MBWM) Q4 Earnings and Revenues Beat Estimates
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