MBWM Key Statistics, Chart & Performance
The current stock price of MBWM is 48.72 USD. In the past month the price increased by 4.84%. In the past year, price increased by 8.79%.
MBWM Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 13.46 | 64.74B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 17.88 | 40.21B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 15.48 | 34.79B | ||
| BBT | BEACON FINANCIAL CORP | 11.55 | 34.41B | ||
| MTB | M & T BANK CORP | 12.76 | 31.86B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 12.41 | 27.89B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 12.06 | 27.10B | ||
| CFG | CITIZENS FINANCIAL GROUP | 16.76 | 25.70B | ||
| RF | REGIONS FINANCIAL CORP | 12.24 | 24.37B | ||
| EWBC | EAST WEST BANCORP INC | 12.79 | 15.96B | ||
| VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 31.72 | 14.50B | ||
| VLYPP | VALLEY NATIONAL BANCORP - VLY 8.11311 PERP | 30.63 | 14.01B |
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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 683 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: 683
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 683 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 48.72 USD. The price decreased by -0.63% in the last trading session.
Does MBWM stock pay dividends?
MERCANTILE BANK CORP (MBWM) has a dividend yield of 3.1%. 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 791.70M 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 1.36% 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 63.67% of all stocks.
MBWM Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to MBWM. While MBWM is still in line with the averages on profitability rating, there are concerns on its financial health.
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 54.47 USD. This implies a price increase of 11.8% is expected in the next year compared to the current price of 48.72.
For the next year, analysts expect an EPS growth of 11.24% and a revenue growth 5.58% for MBWM