MARKET

MBWM

MBWM

Mercantile Bk Corp
NASDAQ
49.85
+1.89
+3.94%
After Hours: 49.85 0 0.00% 16:10 07/25 EDT
OPEN
48.19
PREV CLOSE
47.96
HIGH
50.74
LOW
48.19
VOLUME
66.97K
TURNOVER
0
52 WEEK HIGH
50.75
52 WEEK LOW
26.95
MARKET CAP
804.46M
P/E (TTM)
9.87
1D
5D
1M
3M
1Y
5Y
1D
This Insider Has Just Sold Shares In Mercantile Bank
Director Robert Kaminski recently sold US$242k worth of Mercantile Bank Corporation stock at US$48.44 per share. In the last year, insider sales have outweighed the insider buying of the company. The insider sale is not a positive sign for shareholders, but it is only 3.8% of the share price. Mercantiles Bank owns about US$25m worth of shares. You can see the insider transactions at the bank over the last 12 months.
Simply Wall St · 2d ago
Weekly Report: what happened at MBWM last week (0715-0719)?
Weekly Report · 4d ago
Dividend Champion, Contender, And Challenger Highlights: Week Of July 21
Seeking Alpha · 6d ago
Mercantile Bank (NASDAQ:MBWM) Is Increasing Its Dividend To $0.36
Mercantile Bank Corporation will be paying its dividend of $0.36 on the 18th of September. The company's stock price has increased by 33% in the last 3 months. The dividend yield for the company will be 2.9%. The company has a strong track record of growing its dividend payments. Mercantile bank's earnings are expected to cover the payout with a low payout ratio.
Simply Wall St · 07/19 11:30
Mercantile Bank Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line
Mercantile Bank's revenue exceeded analyst estimates by 1.5%. The company's shares are up 24% from a week ago. Revenue is forecast to grow 2.4% in the next 2 years. The company reported its second quarter results on July 18th 2024.
Simply Wall St · 07/18 10:22
Mercantile Bank: Q2 2024 Earnings Spike The Price
Mercantile Bank Corporation (NASDAQ:MBWM) reported strong growth in Q2 2024. Mortgage loan originations and commercial loan growth led to a positive market reaction. The bank may currently be overvalued, leading management to set aside a possible buyback. The Loan to Deposit ratio is improving, but still too high at 107%.
Seeking Alpha · 07/17 18:15
Mercantile Bank (MBWM) Receives a Hold from Piper Sandler
TipRanks · 07/17 15:50
Mercantile Bank Price Target Raised to $51.00/Share From $47.00 by Keefe, Bruyette & Woods
Dow Jones · 07/17 14:49
More
About MBWM
Mercantile Bank Corporation is the bank holding company for Mercantile Bank (The Bank). 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. It also has banking offices located in the metropolitan Detroit, Michigan area, Traverse City, Michigan, Saginaw, Michigan, and Midland, Michigan. It makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. It 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.

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