Mercantile Bank Corporation (MBWM) Stock Price, Quote & News

AI Score

Unlock

AI Score

Our AI model analyzes fundamental, technical, and statistical indicators to predict the probability of a bullish trend over the next three months.

We regularly update and refine our models to deliver the most reliable forecasts for you.

Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

Mercantile Bank Corporati... (MBWM)

AI Score

Unlock

AI Score

Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

43.36

1.15 (2.72%)

At close: Jan 14, 2025, 3:59 PM

43.46

0.23%

After-hours Jan 14, 2025, 04:00 PM EST

undefined% (undefined)

Bid	17.39
Market Cap	699.91M
Revenue (ttm)	-
Net Income (ttm)	-
EPS (ttm)	4.96
PE Ratio (ttm)	8.74
Forward PE	n/a
Analyst	Buy

Ask	69.1
Volume	34,521
Avg. Volume (20D)	65,311
Open	42.69
Previous Close	42.21
Day's Range	42.48 - 43.44
52-Week Range	33.46 - 52.98
Beta	undefined

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...

[Show more]

Industry Banks - Regional

Sector Financial Services

IPO Date Jul 20, 1999

Employees 653

Stock Exchange NASDAQ

Ticker Symbol MBWM

Website https://www.mercbank.com

Analyst Forecast

According to 2 analyst ratings, the average rating for MBWM stock is "Buy." The 12-month stock price forecast is $54.5, which is an increase of 25.69% 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 Jan 21, 2025, before market opens.
Analysts project revenue of $57.33M, reflecting a 0.67% YoY growth and earnings per share of 1.14, making a -8.80% decrease YoY.

Why Price Moved

2 months ago · Source

+16.54%

Shares of banking-related companies are trading hi... Unlock content with Pro Subscription

6 months ago · Source

+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.

News

23 hours ago · zacks.com

Mercantile Bank (MBWM) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

Mercantile Bank (MBWM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 days ago · zacks.com

Mercantile Bank (MBWM) Upgraded to Buy: Here's What You Should Know

Mercantile Bank (MBWM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

3 months ago · seekingalpha.com

A Great Quarter Is A Great Time To Downgrade Mercantile Bank Corporation

Mercantile Bank Corporation's Q3 2024 results exceeded analyst expectations, with revenue and profits higher than anticipated, despite a year-over-year decline in net profits. The stock has risen 26.1...

3 months ago · seekingalpha.com

Mercantile Bank Corporation (MBWM) Q3 2024 Earnings Call Transcript

Mercantile Bank Corporation (NASDAQ:MBWM ) Q3 2024 Earnings Conference Call October 15, 2024 10:00 AM ET Company Participants Nichole Kladder - First VP and Chief Marketing Officer Raymond Reitsma - P...

3 months ago · zacks.com

Mercantile Bank (MBWM) Reports Q3 Earnings: What Key Metrics Have to Say

The headline numbers for Mercantile Bank (MBWM) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Str...

3 months ago · zacks.com

Mercantile Bank (MBWM) Beats Q3 Earnings and Revenue Estimates

Mercantile Bank (MBWM) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.30 per share a year ago.