Stock Events

Mercantile Bank 

$50.34
18
+$0.49+0.98% Today

Statistics

Day High
-
Day Low
-
52W High
50.75
52W Low
28.44
Volume
76,804
Avg. Volume
103,159
Mkt Cap
811.52M
P/E Ratio
9.76
Dividend Yield
2.86%
Dividend
1.44

Upcoming

Dividends

2.86%Dividend Yield
10Y Growth
11.46%
5Y Growth
6.02%
3Y Growth
6.37%
1Y Growth
5.97%

Earnings

16JulConfirmed
Q4 2022
Q1 2023
Q2 2023
Q3 2023
Q4 2023
Q1 2024
Q2 2024
1.1
1.19
1.28
1.37
Expected EPS
1.15
Actual EPS
1.17

People Also Follow

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Competitors

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Analyst Ratings

52$Average Price Target
The highest estimate is $53.
From 2 ratings within the last 6 months. This is not an investment recommendation.
Buy
50%
Hold
50%
Sell
0%

About

Finance
Regional Banks
Finance and Insurance
Commercial Banking
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner-occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, it provides courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 22 automated teller machines and 19 video banking machines. As of January 18, 2022, the company operated 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
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CEO
Robert Kaminski
Employees
670
Country
US
ISIN
US5873761044
WKN
000675407

Listings