MBWM Key Statistics, Chart & Performance
The current stock price of MBWM is 49.44 USD. In the past month the price increased by 8.25%. In the past year, price increased by 0.59%.
MBWM Latest News, Press Relases and Analysis
MBWM Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 13.22 | 63.58B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 17.99 | 40.44B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 15.56 | 34.98B | ||
| BBT | BEACON FINANCIAL CORP | 11.59 | 34.55B | ||
| MTB | M & T BANK CORP | 12.67 | 31.62B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 12.52 | 28.16B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 12.19 | 27.40B | ||
| CFG | CITIZENS FINANCIAL GROUP | 16.34 | 25.06B | ||
| RF | REGIONS FINANCIAL CORP | 12.26 | 24.41B | ||
| EWBC | EAST WEST BANCORP INC | 12.66 | 15.80B | ||
| VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 31.48 | 14.39B | ||
| VLYPP | VALLEY NATIONAL BANCORP - VLY 8.11311 PERP | 30.98 | 14.16B |
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About MBWM
Company Profile
Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. The company is headquartered in Grand Rapids, Michigan and currently employs 692 full-time employees. The Bank is a state banking company that provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. Its operations are centered around the West and Central portions of Michigan. The company also has banking offices located in the metropolitan Detroit, Michigan area, Traverse City, Michigan, Petoskey, Michigan, Saginaw, Michigan, and Midland, Michigan. The company makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. The company also enables customers to conduct certain loan and deposit transactions by personal computer and through mobile applications. Its insurance product offerings include private passenger automobiles, homeowners, personal inland marine, boat owners, recreational vehicles, dwelling fire, umbrella policies, small businesses, and life insurance products.
Company Info
MERCANTILE BANK CORP
310 Leonard St NW
Grand Rapids MICHIGAN 49504 US
CEO: Robert B. Kaminski
Employees: 692
Phone: 16164063000
MERCANTILE BANK CORP / MBWM FAQ
Can you describe the business of MERCANTILE BANK CORP?
Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. The company is headquartered in Grand Rapids, Michigan and currently employs 692 full-time employees. The Bank is a state banking company that provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. Its operations are centered around the West and Central portions of Michigan. The company also has banking offices located in the metropolitan Detroit, Michigan area, Traverse City, Michigan, Petoskey, Michigan, Saginaw, Michigan, and Midland, Michigan. The company makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. The company also enables customers to conduct certain loan and deposit transactions by personal computer and through mobile applications. Its insurance product offerings include private passenger automobiles, homeowners, personal inland marine, boat owners, recreational vehicles, dwelling fire, umbrella policies, small businesses, and life insurance products.
Can you provide the latest stock price for MERCANTILE BANK CORP?
The current stock price of MBWM is 49.44 USD. The price increased by 0.98% in the last trading session.
Does MBWM stock pay dividends?
MERCANTILE BANK CORP (MBWM) has a dividend yield of 3.2%. The yearly dividend amount is currently 1.39.
How is the ChartMill rating for MERCANTILE BANK CORP?
MBWM has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
Should I buy MBWM stock?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on MBWM.
What is the market capitalization of MBWM stock?
MERCANTILE BANK CORP (MBWM) has a market capitalization of 803.40M USD. This makes MBWM a Small Cap stock.
What is the outstanding short interest for MERCANTILE BANK CORP?
The outstanding short interest for MERCANTILE BANK CORP (MBWM) is 1.28% of its float.
MBWM Technical Analysis
ChartMill assigns a technical rating of 8 / 10 to MBWM. When comparing the yearly performance of all stocks, MBWM turns out to be only a medium performer in the overall market: it outperformed 50.9% of all stocks.
MBWM Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to MBWM. There are concerns on the financial health of MBWM while its profitability can be described as average.
MBWM Financial Highlights
Over the last trailing twelve months MBWM reported a non-GAAP Earnings per Share(EPS) of 5.28. The EPS increased by 6.02% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 35.77% | ||
| ROA | 1.36% | ||
| ROE | 13.01% | ||
| Debt/Equity | 0.6 |
MBWM Forecast & Estimates
11 analysts have analysed MBWM and the average price target is 53.86 USD. This implies a price increase of 8.93% is expected in the next year compared to the current price of 49.44.
For the next year, analysts expect an EPS growth of 11.24% and a revenue growth 5.58% for MBWM