Mercantile Bank Corporati...

48.01
-0.20 (-0.41%)
At close: Mar 03, 2025, 3:59 PM
48.09
0.17%
After-hours: Mar 03, 2025, 04:00 PM EST
No 1D chart data available
Bid 45.53
Market Cap 774.97M
Revenue (ttm) 333.44M
Net Income (ttm) 80.01M
EPS (ttm) 4.93
PE Ratio (ttm) 9.74
Forward PE 9.73
Analyst Hold
Ask 51.64
Volume 78,890
Avg. Volume (20D) 72,662
Open 47.62
Previous Close 48.21
Day's Range 47.75 - 48.64
52-Week Range 33.46 - 52.98
Beta 1.02

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 668
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 $55, which is an increase of 14.56% from the latest price.

Buy 50.00%
Hold 50.00%
Sell 0.00%
Stock Forecasts

Next Earnings Release

Mercantile Bank Corporation is scheduled to release its earnings on Apr 15, 2025, before market opens.
Analysts project revenue of ... Unlock content with Pro Subscription
3 months ago
+16.54%
Shares of banking-related companies are trading hi... Unlock content with Pro Subscription
7 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.