Mercantile Bank Corporati...

41.83
-0.24 (-0.57%)
At close: Apr 25, 2025, 3:59 PM
41.84
0.02%
After-hours: Apr 25, 2025, 04:05 PM EDT
-0.57%
Bid 40.23
Market Cap 679.13M
Revenue (ttm) 318.1M
Net Income (ttm) 79.59M
EPS (ttm) 4.8
PE Ratio (ttm) 8.71
Forward PE 8.39
Analyst Hold
Ask 49.26
Volume 29,289
Avg. Volume (20D) 68,906
Open 41.47
Previous Close 42.07
Day's Range 41.39 - 41.94
52-Week Range 35.61 - 52.98
Beta 0.88

About MBWM

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that 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. The company also offers commercial and industrial loans; vacant land, land developme...

IPO Date Jul 20, 1999
Employees 662
Stock Exchange NASDAQ
Ticker Symbol MBWM
Full Company Profile

Analyst Forecast

According to 2 analyst ratings, the average rating for MBWM stock is "Hold." The 12-month stock price forecast is $52.25, which is an increase of 24.91% from the latest price.

Stock Forecasts

Earnings Surprise

Mercantile Bank has released their quartely earnings on Apr 22, 2025:
  • Revenue of $57.25M misses estimates by $450K, with -1.68% YoY decline.
  • EPS of 1.21 exceeds estimates by 0.02, with -9.70% YoY decline.
  • 5 months ago
    +16.54%
    Shares of banking-related companies are trading hi... Unlock content with Pro Subscription
    9 months ago
    +12.06%
    Shares of banking stocks are trading higher amid sympathy with Bank of America after the company reported better-than-expected Q2 financial results.