Mercantile Bank Corporati...

44.16
-0.38 (-0.85%)
At close: Mar 21, 2025, 3:59 PM
45.51
3.06%
After-hours: Mar 21, 2025, 06:25 PM EDT
-0.85%
Bid 42.22
Market Cap 716.76M
Revenue (ttm) 320.07M
Net Income (ttm) 80.09M
EPS (ttm) 4.93
PE Ratio (ttm) 8.96
Forward PE 9.73
Analyst Hold
Ask 48.81
Volume 66,578
Avg. Volume (20D) 68,050
Open 44.09
Previous Close 44.54
Day's Range 43.77 - 44.57
52-Week Range 33.46 - 52.98
Beta 1.00

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 648
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 24.55% from the latest price.

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
4 months ago
+16.54%
Shares of banking-related companies are trading hi... Unlock content with Pro Subscription
8 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.