Mercantile Bank Corporation (MBWM)

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About Mercantile Bank Corporation

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services for 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, residential mortgage, and instalment loans; vacant land, land development, and residential construction loans; owner and non-owner occupied, and multi-family and residential rental property real estate loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as loans for new and used automobiles, boats, and credit cards, as well as overdraft protection services. In addition, it provides courier services and safe deposit facilities; repurchase agreements; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 27 automated teller machines and 13 video banking machines. The company operates 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan. Address: 310 Leonard Street NW, Grand Rapids, MI, United States, 49504

Mercantile Bank Corporation News and around…

Latest news about Mercantile Bank Corporation (MBWM) common stock and company :

Earnings Report: Mercantile Bank Corporation Missed Revenue Estimates By 6.3%
22 Apr, 2022 Yahoo! Finance

Mercantile Bank Corporation ( NASDAQ:MBWM ) came out with its first-quarter results last week, and we wanted to see how...

What Type Of Shareholders Make Up B2Gold Corp.'s (TSE:BTO) Share Registry?
20 Apr, 2022 Yahoo! Finance

Every investor in B2Gold Corp. ( TSE:BTO ) should be aware of the most powerful shareholder groups. Institutions will...

Mercantile Bank: Q1 Earnings Insights
19 Apr, 2022 FinancialContent

Mercantile Bank (NASDAQ:MBWM) reported its Q1 earnings results on Tuesday, April 19, 2022 at 05:01 AM. Here's what ...

Mercantile Bank (MBWM) Surpasses Q1 Earnings Estimates
19 Apr, 2022 Yahoo! Finance

Mercantile Bank (MBWM) delivered earnings and revenue surprises of 1.39% and 5.05%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Mercantile Bank Corporation Announces Solid First Quarter 2022 Results
19 Apr, 2022 Yahoo! Finance

Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $11.5 million, or $0.73 per diluted share, for the first quarter of 2022, compared with net income of $14.2 million, or $0.87 per diluted share, for the respective prior-year period.

Mercantile Bank Corporation Declares Regular Cash Dividend
19 Apr, 2022 Yahoo! Finance

Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 14, 2022, its Board of Directors declared a regular quarterly cash dividend of $0.31 per common share, payable on June 15, 2022, to holders of record as of June 3, 2022.

Earnings Scheduled For April 19, 2022
19 Apr, 2022 FinancialContent

Companies Reporting Before The Bell • Silvergate Capital (NYSE:SI) is likely to report quarterly earnings at $0.44 per ...

Mercantile Bank Earnings Preview
18 Apr, 2022 FinancialContent

Mercantile Bank (NASDAQ:MBWM) is set to give its latest quarterly earnings report on Tuesday, 2022-04-19. Here's what investors need to ...

3 Small-Cap Bank Stocks That Could Thrive in an Inflationary Environment
12 Apr, 2022 Yahoo! Finance

Economists are starting to toss around the dreaded ‘S’ word again – stagflation. The combination of stubbornly high, persistent inflation plus slowing GDP growth was the hallmark of the ‘malaise’ that defined the 1970s. We haven’t seen that sort of economic stutter in two generations – but market watchers today are worried that it’s returned. Inflation reached an annualized rate of 8.5% in March, the highest level since 1981, while GDP growth, which registered a hot 7% in 4Q21, is expected to br

Mercantile Bank Corporation Announces First Quarter 2022 Results Conference Call and Webcast
30 Mar, 2022 Yahoo! Finance

Mercantile Bank Corporation (NASDAQ: MBWM) will hold a conference call to discuss first quarter 2022 results on Tuesday, April 19, 2022, at 10:00 a.m. Eastern Time.

Strength Seen in Mercantile Bank (MBWM): Can Its 5% Jump Turn into More Strength?
15 Mar, 2022 Yahoo! Finance

Mercantile Bank (MBWM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Benzinga's Top Ratings Upgrades, Downgrades For March 2, 2022
02 Mar, 2022 FinancialContent

Upgrades Barclays upgraded the previous rating for Equitrans Midstream Corp (NYSE:ETRN) from Underweight to ...

Mercantile Bank (NASDAQ:MBWM) Is Paying Out A Larger Dividend Than Last Year
21 Jan, 2022 Yahoo! Finance

Mercantile Bank Corporation ( NASDAQ:MBWM ) has announced that it will be increasing its dividend on the 16th of March...

Benzinga's Top Ratings Upgrades, Downgrades For January 19, 2022
19 Jan, 2022 FinancialContent

Upgrades For Rocket Companies Inc (NYSE:RKT), JP Morgan upgraded the previous rating of Underweight to Overweight. Rocket Companies ...

Mercantile Bank (MBWM) Surpasses Q4 Earnings And Revenue Estimates
18 Jan, 2022 FinancialContent

Mercantile Bank shares have added about 7.6% since the beginning of the year versus the S&P 500's decline of -2.2%.

Recap: Mercantile Bank Q4 Earnings
18 Jan, 2022 FinancialContent

Mercantile Bank (NASDAQ:MBWM) reported its Q4 earnings results on Tuesday, January 18, 2022 at 05:01 AM. Here's what ...

Mercantile Bank Corporation Announces Strong Fourth Quarter and Full Year 2021 Results
18 Jan, 2022 Yahoo! Finance

Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $11.6 million, or $0.74 per diluted share, for the fourth quarter of 2021, compared with net income of $14.1 million, or $0.87 per diluted share, for the respective prior-year period. For the full year 2021, Mercantile reported net income of $59.0 million, or $3.69 per diluted share, compared with net income of $44.1 million, or $2.71 per diluted share, for the full year 2020.

Earnings Scheduled For January 18, 2022
18 Jan, 2022 FinancialContent

The earnings reported for January 18, 2022 before and after the bell.

Mercantile Bank Corporation Increases Regular Cash Dividend
18 Jan, 2022 Yahoo! Finance

Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on January 13, 2022, its Board of Directors declared a regular quarterly cash dividend of $0.31 per common share, payable on March 16, 2022, to holders of record as of March 4, 2022. The $0.31 cash dividend represents an increase of over 3 percent from the $0.30 regular cash dividend paid during the fourth quarter of 2021.

Preview: Mercantile Bank's Earnings
17 Jan, 2022 FinancialContent

Mercantile Bank (NASDAQ:MBWM) is set to give its latest quarterly earnings report on Tuesday, 2022-01-18. Here's what investors need to ...

One Mercantile Bank Corporation (NASDAQ:MBWM) insider upped their stake by 13% in the previous year
15 Jan, 2022 Yahoo! Finance

Viewing insider transactions for Mercantile Bank Corporation's ( NASDAQ:MBWM ) over the last year, we see that insiders...

Mercantile Bank Corporation Raises Additional $15 Million of Subordinated Notes
14 Jan, 2022 Yahoo! Finance

Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile" or the "Company") today announced that it has issued an additional $15 million of its 3.25% fixed-to-floating rate subordinated notes due 2032 (the "Notes") in a private placement. The offering is an expansion of the $75 million offering completed December 15, 2021 and was completed on the same terms as the prior offering and under the existing Indenture. The Notes bear a fixed rate of 3.25% for the first five years and will reset quarterl

Analysts Estimate Mercantile Bank (MBWM) to Report a Decline in Earnings: What to Look Out for
11 Jan, 2022 Yahoo! Finance

Mercantile Bank (MBWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mercantile Bank (MBWM) Hits 52-Week High, Can the Run Continue?
10 Jan, 2022 Yahoo! Finance

Mercantile Bank (MBWM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation
30 Dec, 2021 Yahoo! Finance

Mercantile Bank Corporation's (NASDAQ: MBWM) subsidiary bank Mercantile Bank of Michigan ("Mercantile Bank") announced today that it has formed The Mercantile Bank Foundation, a private charitable foundation to fund and administer Mercantile Bank's charitable giving activities.

Mercantile Bank Corporation Announces Fourth Quarter 2021 Results Conference Call and Webcast
17 Dec, 2021 Yahoo! Finance

Mercantile Bank Corporation (NASDAQ: MBWM) will hold a conference call to discuss fourth quarter 2021 results on Tuesday, January 18, 2022, at 10:00 a.m. Eastern Time.

Cornercap Group Of Funds Buys Alpha Metallurgical Resources Inc, Exelixis Inc, APA Corp, Sells ...
16 Dec, 2021 Yahoo! Finance

Investment company Cornercap Group Of Funds (Current Portfolio) buys Alpha Metallurgical Resources Inc, Exelixis Inc, APA Corp, TriMas Corp, TriCo Bancshares, sells Apogee Enterprises Inc, Meredith Corp, Carriage Services Inc, Culp Inc, First Busey Corp during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Cornercap Group Of Funds .

Mercantile Bank Corporation Closes Private Placement of $75 Million of Subordinated Notes
15 Dec, 2021 Yahoo! Finance

Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile" or the "Company") today announced the pricing of its issuance, offer, and sale of $75 million aggregated principal amount of fixed-to-floating rate subordinated notes due 2031 (the "Notes") in a private placement. The Notes bear a fixed rate of 3.25% for the first five years and will reset quarterly thereafter to the then current three-month SOFR rate plus 212 basis points. The Company intends to use the net proceeds from the offering for

KBRA Assigns Ratings to Mercantile Bank Corporation
01 Dec, 2021 FinancialContent

Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Grand Rapids, Michigan-based Mercantile Bank Corporation (NASDAQ: MBWM) (“Mercantile” or “the company”). In addition, KBRA assigns deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 to Mercantile Bank of Michigan (“the bank”), the main subsidiary. The Outlook for all long-term ratings is Stable.

Earnings Scheduled For October 19, 2021
19 Oct, 2021 FinancialContent

Companies Reporting Before The Bell • Signature Bank (NASDAQ:SBNY) is likely to report quarterly earnings at $3.72 per ...

Mercantile Bank Corporation (MBWM) is a NASDAQ Common Stock listed in , ,

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