MERCANTILE BANK CORPORATION

NASDAQ: MBWM (Mercantile Bank Corporation)

Last update: 25 Mar, 1:15AM

45.37

1.12 (2.53%)

Previous Close 44.25
Open 44.95
Volume 50,825
Avg. Volume (3M) 70,427
Market Cap 736,395,904
Price / Earnings (TTM) 9.20
Price / Earnings (Forward) 10.87
Price / Sales 3.16
Price / Book 1.26
52 Weeks Range
33.46 (-26%) — 52.98 (16%)
Earnings Date 14 Apr 2025 - 18 Apr 2025
TTM Dividend Yield 3.17%
Profit Margin 35.52%
Operating Margin (TTM) 46.86%
Diluted EPS (TTM) 4.93
Quarterly Revenue Growth (YOY) 3.40%
Quarterly Earnings Growth (YOY) -2.00%
Operating Cash Flow (TTM) 101.12 M
Return on Assets (TTM) 1.40%
Return on Equity (TTM) 14.38%

Market Trend

Short Term Medium Term
Industry Banks - Regional (US) Bullish Bullish
Banks - Regional (Global) Bullish Bullish
Stock Mercantile Bank Corporation Bullish Bullish

AIStockmoo Score

1.6
Analyst Consensus 1.5
Insider Activity NA
Price Volatility 2.0
Technical Moving Averages 5.0
Technical Oscillators -2.0
Average 1.63

Similar Stocks

Stock Market Cap DY P/E (TTM) P/B
MBWM 736 M 3.17% 9.20 1.26
SSB 10 B 2.26% 13.58 1.61
ZION 7 B 3.39% 10.01 1.21
ONB 7 B 2.65% 12.60 1.10
UBSI 5 B 4.22% 12.74 0.990
VLY 5 B 4.95% 12.88 0.690

Mercantile Bank Corp operates as a bank holding company. It provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.

Sector Financial Services
Industry Banks - Regional
Investment Style Small Value
% Held by Insiders 3.65%
% Held by Institutions 65.71%

Ownership

Name Date Shares Held
North Star Asset Management Inc 30 Sep 2024 362,759
52 Weeks Range
33.46 (-26%) — 52.98 (16%)
Median 57.00 (25.63%)
Total 1 Buy
Firm Date Target Price Call Price @ Call
Keefe, Bruyette & Woods 22 Jan 2025 57.00 (25.63%) Buy 48.52

No data within this time range.

TTM Dividend Yield 3.17%
5Y Average Dividend Yield 3.55%
Payout Ratio 28.80%
Expected Next Dividend Payment Jun 2025
Ex Date Announcement Date Payment Date Details
07 Mar 2025 16 Jan 2025 19 Mar 2025 0.37 Cash
06 Dec 2024 10 Oct 2024 18 Dec 2024 0.36 Cash
06 Sep 2024 11 Jul 2024 18 Sep 2024 0.36 Cash
07 Jun 2024 11 Apr 2024 19 Jun 2024 0.35 Cash
29 Feb 2024 11 Jan 2024 13 Mar 2024 0.35 Cash
30 Nov 2023 12 Oct 2023 13 Dec 2023 0.34 Cash
31 Aug 2023 13 Jul 2023 13 Sep 2023 0.34 Cash
01 Jun 2023 13 Apr 2023 14 Jun 2023 0.33 Cash
02 Mar 2023 12 Jan 2023 15 Mar 2023 0.33 Cash
01 Dec 2022 13 Oct 2022 14 Dec 2022 0.32 Cash
01 Sep 2022 14 Jul 2022 14 Sep 2022 0.32 Cash
02 Jun 2022 14 Apr 2022 15 Jun 2022 0.31 Cash
03 Mar 2022 13 Jan 2022 16 Mar 2022 0.31 Cash
02 Dec 2021 14 Oct 2021 15 Dec 2021 0.3 Cash
02 Sep 2021 15 Jul 2021 15 Sep 2021 0.3 Cash
03 Jun 2021 15 Apr 2021 16 Jun 2021 0.29 Cash
04 Mar 2021 14 Jan 2021 17 Mar 2021 0.29 Cash
03 Dec 2020 15 Oct 2020 16 Dec 2020 0.28 Cash
03 Sep 2020 16 Jul 2020 16 Sep 2020 0.28 Cash
04 Jun 2020 16 Apr 2020 17 Jun 2020 0.28 Cash
05 Mar 2020 16 Jan 2020 18 Mar 2020 0.28 Cash
05 Dec 2019 10 Oct 2019 18 Dec 2019 0.27 Cash
05 Sep 2019 11 Jul 2019 18 Sep 2019 0.27 Cash
06 Jun 2019 11 Apr 2019 19 Jun 2019 0.26 Cash
07 Mar 2019 17 Jan 2019 20 Mar 2019 0.26 Cash
06 Dec 2018 11 Oct 2018 19 Dec 2018 1 Cash
06 Sep 2018 12 Jul 2018 19 Sep 2018 0.24 Cash
07 Jun 2018 12 Apr 2018 20 Jun 2018 0.22 Cash
08 Mar 2018 11 Jan 2018 21 Mar 2018 0.22 Cash
07 Dec 2017 12 Oct 2017 20 Dec 2017 0.19 Cash
07 Sep 2017 13 Jul 2017 20 Sep 2017 0.19 Cash
07 Jun 2017 13 Apr 2017 21 Jun 2017 0.18 Cash
08 Mar 2017 12 Jan 2017 22 Mar 2017 0.18 Cash
07 Dec 2016 13 Oct 2016 21 Dec 2016 0.67 Cash
07 Sep 2016 14 Jul 2016 21 Sep 2016 0.17 Cash
08 Jun 2016 14 Apr 2016 23 Jun 2016 0.16 Cash
09 Mar 2016 14 Jan 2016 23 Mar 2016 0.16 Cash
09 Dec 2015 15 Oct 2015 23 Dec 2015 0.15 Cash
09 Sep 2015 16 Jul 2015 23 Sep 2015 0.15 Cash
10 Jun 2015 16 Apr 2015 24 Jun 2015 0.14 Cash
11 Mar 2015 15 Jan 2015 25 Mar 2015 0.14 Cash
10 Dec 2014 16 Oct 2014 24 Dec 2014 0.12 Cash
10 Sep 2014 17 Jul 2014 24 Sep 2014 0.12 Cash
11 Jun 2014 09 May 2014 25 Jun 2014 0.12 Cash
20 May 2014 09 May 2014 29 May 2014 2 Cash
06 Feb 2014 16 Jan 2014 10 Mar 2014 0.12 Cash
06 Nov 2013 10 Oct 2013 10 Dec 2013 0.12 Cash
07 Aug 2013 11 Jul 2013 10 Sep 2013 0.12 Cash
06 Feb 2013 10 Jan 2013 08 Mar 2013 0.1 Cash
Show more

Annual Dividend Yield

Year Annual Dividend ($) Frequency/Year Yield %
2025 0.370 1 0.82
2024 1.42 4 3.19
2023 1.34 4 3.32
2022 1.26 4 3.76
2021 1.18 4 3.37
2020 1.12 4 4.12
2019 1.06 4 2.91
2018 1.68 4 5.95
2017 0.740 4 2.09
2016 1.16 4 3.08
2015 0.580 4 2.36
2014 2.48 5 11.80
2013 0.340 3 1.58
Show more

The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.

Portfolio

AI Template

Your price alert

Risk Profile

| | | | |
Conservative
Moderate Conservative
Moderate
Moderate Aggressive
Aggressive
Margin of Safety (EP)
Partial Profit (TP1)
Target Profit (TP2)
Maximum Loss (SL)

Disclaimer: The above is for illustrative purposes only and is NOT investment advice. Seek advice from a qualified financial professional.

Entry Price (EP)

Take Profit 1 (TP1)

Take Profit 2 (TP2)

Stop Loss (SL)

52W Range
 
52WL
 
52WH
SL
EP
TP1
TP2

All alert prices are within 52 weeks price range

Realized Profit -
Unrealized Profit -
Dividend Received 2025 -
Total Profit -
Avg. Return -
Quantity (Buy) -
Avg. Price (Buy) -
Quantity (Sold) -
Avg. Price (Sold) -
No stocks matching your criteria