Mercantile Bank Stock News

Mercantile Bank Corporation (MBWM) CEO Robert Kaminski on Q4 2021 Results - Earnings Call Transcript

Mercantile Bank Corporation (NASDAQ:MBWM) declares $0.31/share quarterly dividend, 3.3% increase from prior dividend of $0.30.Forward yield 3.29%Payable March 16; for shareholders of record.

Mercantile Bank press release (NASDAQ:MBWM): Q4 GAAP EPS of $0.74 misses by $0.12.Revenue of $45.16M (-2.2% Y/Y) in-line.

Mercantile Bank (MBWM) delivered earnings and revenue surprises of 13.25% and 3.83%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Mercantile Bank Corp. (MBWM) shares closed today at 0.5% below its 52 week high of $37.89, giving the company a market cap of $589M. The stock is currently up 7.5% year-to-date, up 36.9% over the past 12 months, and up 24.1% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.3%. Trading Activity Trading volume this week was 7.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 0.7% higher than its 5-day moving average, 4.8% higher than its 20-day moving average, and 9.9% higher than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 16.8% The company's stock price performance over the past 12 months beats the peer average by 40.7% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 39.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Mercantile Bank (MBWM) said it issued an additional $15M of its 3.25% fixed-to-floating rate subordinated notes due 2032 in a private placement

Mercantile Bank Corp. (MBWM) shares closed today at 0.3% below its 52 week high of $37.74, giving the company a market cap of $583M. The stock is currently up 6.3% year-to-date, up 34.4% over the past 12 months, and up 23.1% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 rose 0.6%. Trading Activity Trading volume this week was 4.2% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -23.0% The company's stock price performance over the past 12 months beats the peer average by 18.7% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 38.9% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Mercantile Bank Corp. (MBWM) shares closed today at 1.0% below its 52 week high of $37.74, giving the company a market cap of $584M. The stock is currently up 6.5% year-to-date, up 36.5% over the past 12 months, and up 22.7% over the past five years. This week, the Dow Jones Industrial Average fell 1.3%, and the S&P 500 fell 2.6%. Trading Activity Trading volume this week was 32.8% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -10.6% The company's stock price performance over the past 12 months beats the peer average by 21.6% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 39.5% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

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) 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 Corp. (MBWM) shares closed today at 0.7% below its 52 week high of $37.74, giving the company a market cap of $587M. The stock is currently up 7.0% year-to-date, up 37.1% over the past 12 months, and up 22.0% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 18.8% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -9.4% The company's stock price performance over the past 12 months beats the peer average by 22.7% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 40.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

GRAND RAPIDS, Mich., Dec. 17, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will hold a conference call to discuss fourth quarter 2021 results on Tuesday, January 18, 2022, at 10:00

Analysts expect Mercantile Bank Co. (NASDAQ:MBWM) to post earnings of $0.85 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Mercantile Banks earnings, with the lowest EPS estimate coming in at $0.79 and the highest estimate coming in at $0.93. Mercantile Bank reported earnings of $0.93 per []

Zacks Investment Research cut shares of Mercantile Bank (NASDAQ:MBWM) from a buy rating to a hold rating in a report issued on Wednesday morning, Zacks.com reports. According to Zacks, Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services []

Mercantile Bank was ranked first in the Banks’ Friendliness For Small And Medium-Sized Businesses Index for the first half of 2021.