Mercantile Bank

Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. It offers checking and savings accounts, credit and debit cards, mobile and Internet banking, business loans, mobile wallet, health savings account, and treasury management services. The company was founded on July 15, 1997 and is headquartered in Grand Rapids, MI.

Earnings data Q1 2024

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Mercantile Bank Corporation (NASDAQ:MBWM ) Q2 2023 Earnings Conference Call July 18, 2023 10:00 AM ET Company Participants Zack Mukewa - Lambert IR Bob Kaminski - President & CEO Ray Reitsma - COO & President of the Bank Chuck Christmas - EVP & CFO Conference Call Participants Brendan Nosal - Piper Sandler Daniel Tamayo - Raymond James Erik Zwick - Hovde Group Damon DelMonte - KBW Operator Good morning, and welcome to the Mercantile Bank Corporation Second Quarter 2023 Earnings Results Conference Call. All participants will be in listen-only mode.

Mercantile Bank Corporation (MBWM) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for Mercantile Bank (MBWM) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Mercantile Bank (MBWM) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Mercantile Bank (MBWM) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $0.74 per share a year ago.

Mercantile Bank (MBWM) Tops Q2 Earnings and Revenue Estimates

Significant year-over-year increase in net interest income, solid loan growth, and ongoing strength in asset quality metrics highlight quarter GRAND RAPIDS, Mich. , July 18, 2023 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $20.4 million, or $1.27 per diluted share, for the second quarter of 2023, compared with net income of $11.7 million, or $0.74 per diluted share, for the respective prior-year period.

Mercantile Bank Corporation Announces Strong Second Quarter 2023 Results

Board declares $0.34 regular quarterly cash dividend on common stock resulting in a current annual yield of approximately 4.8 percent GRAND RAPIDS, Mich. , July 18, 2023 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on July 13, 2023, its Board of Directors declared a regular quarterly cash dividend of $0.34 per common share, payable on September 13, 2023, to holders of record as of September 1, 2023.

Mercantile Bank Corporation Increases Regular Cash Dividend

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Mercantile Bank (MBWM) Right Now?

Mercantile Bank (MBWM) appears to be a viable investment option, backed by strong fundamentals and promising growth prospects.

5 Reasons to Add Mercantile Bank (MBWM) to Your Portfolio Now

The mean of analysts' price targets for Mercantile Bank (MBWM) points to a 31.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Mercantile Bank (MBWM) Could Rally 31.16%: Here's is How to Trade

GRAND RAPIDS, Mich. , June 28, 2023 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.

Mercantile Bank Corporation Announces Second Quarter 2023 Results Conference Call and Webcast

Mercantile Bank Corporation (MBWM) Q1 2023 Earnings Call Transcript

Mercantile Bank (MBWM) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $0.73 per share a year ago.

Mercantile Bank (MBWM) Tops Q1 Earnings and Revenue Estimates

Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $21.0 million, or $1.31 per diluted share, for the first quarter of 2023, compared with net income of $11.5 million, or $0.73 per diluted share, for the respective prior-year period.

Mercantile Bank Corporation Announces Strong First Quarter Results

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.

Mercantile Bank (MBWM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

GRAND RAPIDS, Mich. , March 29, 2023 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.

Mercantile Bank Corporation Announces First Quarter 2023 Results Conference Call and Webcast

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Mercantile Bank Corporation (NASDAQ:MBWM ) Q4 2022 Earnings Conference Call January 17, 2023 10:00 AM ET Company Participants Julia Ward - IR, Lambert Bob Kaminski - President & CEO Ray Reitsma - COO & President of the Bank Chuck Christmas - EVP & CFO Conference Call Participants Brendan Nosal - Piper Sandler Daniel Tamayo - Raymond James Erik Zwick - Hovde Group Damon DelMonte - KBW Operator Good morning, and welcome to the Mercantile Bank Corporation Fourth Quarter 2022 Earnings Results Conference Call. All participants will be in a listen-only mode.

Mercantile Bank Corporation (MBWM) Q4 2022 Results - Earnings Call Transcript

Mercantile Bank (MBWM) delivered earnings and revenue surprises of 15.13% and 8.87%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Mercantile Bank (MBWM) Q4 Earnings and Revenues Top Estimates

Substantial increase in net interest income, solid loan growth, and continuing strength in asset quality metrics highlight 2022 GRAND RAPIDS, Mich. , Jan. 17, 2023 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $21.8 million, or $1.37 per diluted share, for the fourth quarter of 2022, compared with net income of $11.6 million, or $0.74 per diluted share, for the respective prior-year period.

Mercantile Bank Corporation Announces Strong Fourth Quarter and Full-Year 2022 Results

GRAND RAPIDS, Mich. , Dec. 19, 2022 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.

Mercantile Bank Corporation Announces Fourth Quarter and Full Year 2022 Results Conference Call and Webcast

GRAND RAPIDS, Mich. , Dec. 1, 2022 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile"), announced today the appointments of Amy L.

Mercantile Appoints New Members to Bank Board of Directors

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Mercantile Bank Corporation (NASDAQ:MBWM ) Q3 2022 Earnings Conference Call October 18, 2022 10:00 AM ET Company Participants Julia Ward - Lambert IR Robert Kaminski - President & Chief Executive Officer Charles Christmas - EVP & CFO Raymond Reitsma - COO & President of the Bank Conference Call Participants Brendan Nosal - Piper Sandler Daniel Tamayo - Raymond James Eric Zwick - Hovde Damon DelMonte - KBW Operator Good morning, and welcome to the Mercantile Bank Corporation's Third Quarter 2022 Conference Call. All participants will be in a listen-only mode today.

Mercantile Bank Corporation (MBWM) Q3 2022 Earnings Call Transcript

Mercantile Bank (MBWM) delivered earnings and revenue surprises of 4.12% and 4.70%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Mercantile Bank Stock (MBWM)