NASDAQ : MBWM

Mercantile Bank Corporation — News

$58.5 USD

$1.32 (2.31%)

Volume
146.59K
Average Volume
134.06K
Market Capitalization
$1.01B
P/E Ratio
10.30
Dividend Yield
2.63%
Price Target
$63.50
Year High
$60.40
Year Low
$42.75
Day High
Day Low
Payout Ratio
$0.26
Current Ratio
$0.22
Source Headline
Mercantile Bank Corporation (MBWM) Q2 2026 Earnings Call Transcript

Mercantile Bank Corporation (MBWM) Q2 2026 Earnings Call Transcript

seekingalpha.com - 2026-07-21 14:53:58

Mercantile Bank Q2 Earnings Call Highlights

Mercantile Bank NASDAQ: MBWM reported higher second-quarter earnings and said its year-end 2025 acquisition of Eastern Michigan contributed to stronger deposits, improved liquidity and a stable net interest margin.

marketbeat.com - 2026-07-21 14:04:07

Compared to Estimates, Mercantile Bank (MBWM) Q2 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

zacks.com - 2026-07-21 10:31:09

Mercantile Bank (MBWM) Surpasses Q2 Earnings Estimates

Mercantile Bank (MBWM) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.39 per share a year ago.

zacks.com - 2026-07-21 08:06:06

Mercantile Bank Corporation Announces Strong Second Quarter 2026 Results

Net interest income expansion, strong commercial loan growth, and sustained strength in asset quality metrics and capital levels highlight the quarter GRAND RAPIDS, Mich., July 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $25.9 million, or $1.50 per diluted share, for the second quarter of 2026, compared with net income of $22.6 million, or $1.39 per diluted share, for the second quarter of 2025.

prnewswire.com - 2026-07-21 05:05:00

Mercantile Bank Corporation Increases Regular Cash Dividend

Board of Directors declares $0.40 regular quarterly cash dividend on common stock,  resulting in a current annual yield of approximately 2.8% percent GRAND RAPIDS, Mich., July 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on July 16, 2026, its Board of Directors declared a regular quarterly cash dividend of $0.40 per common share, payable on September 16, 2026, to holders of record as of September 4, 2026.

prnewswire.com - 2026-07-21 05:00:00

Earnings Preview: Mercantile Bank (MBWM) Q2 Earnings Expected to Decline

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.

zacks.com - 2026-07-14 11:01:08

Mercantile Bank Corporation Announces Second Quarter 2026 Results Conference Call and Webcast

GRAND RAPIDS, Mich., June 30, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.

prnewswire.com - 2026-06-30 09:00:00

Mercantile Bank Corporation (MBWM) Shareholder/Analyst Call Prepared Remarks Transcript

Mercantile Bank Corporation (MBWM) Shareholder/Analyst Call Prepared Remarks Transcript

seekingalpha.com - 2026-05-21 11:20:48

Analysts Set Mercantile Bank Corporation (NASDAQ:MBWM) Price Target at $56.20

Shares of Mercantile Bank Corporation (NASDAQ: MBWM - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12

defenseworld.net - 2026-04-24 04:04:41

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MBWM Price Target Summary

Last Month

$62.33

3 analysts

Last Quarter

$62.33

3 analysts

Last Year

$57.81

8 analysts

All Time

$57.81

8 analysts

MBWM Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade
2026-07-22 Hovde Group Downgrade Outperform Market Perform
2026-07-22 Keefe, Bruyette & Woods Maintain Outperform Outperform
2026-06-26 Piper Sandler Maintain Neutral Neutral
2026-01-21 Keefe, Bruyette & Woods Maintain Outperform Outperform
2026-01-07 Raymond James Maintain Outperform Outperform