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Mercantile Bank Corp

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SectorFinance

59.47 -0.03

Overview

Share price change

24h

Current

Min

58.34

Max

59.87

Key metrics

By Trading Economics

Income

3.2M

26M

Sales

1.7M

98M

P/E

Sector Avg

10.821

22.368

EPS

1.53

Dividend yield

2.5

Profit margin

26.404

Employees

827

EBITDA

3.9M

33M

Recommendations

By TipRanks

Recommendations

Neutral

12 Months Forecast

+5.34% upside

Dividends

By Acuity

Dividend yield

Sector Avg

2.50%

4.40%

Next Earnings

20 paź 2026

Next Dividend date

16 wrz 2026

Next Ex Dividend date

4 wrz 2026

Market Stats

By TradingEconomics

Market Cap

61M

1.1B

Previous open

59.5

Previous close

59.47

News Sentiment

By Acuity

50%

50%

169 / 437 Ranking in Finance

Mercantile Bank Corp Chart

Wyniki osiągnięte w przeszłości nie są gwarantem przyszłych wyników.

Related News

19 sie 2026, 19:27 UTC

Correlated Moves

Mercantile Bank Corp shares are lower today, continuing a decline influenced by First Financial Corp's drop and broader market sentiments affecting financial institutions.

18 sie 2026, 19:26 UTC

Correlated Moves

Mercantile Bank Corp shares are lower amid a broader market downturn, reflecting historical correlation with the Russell 2000 Index's decline.

17 sie 2026, 19:46 UTC

Correlated Moves

Mercantile Bank Corp shares are lower today, reflecting broader market trends as the Russell 2000 Index also declines. The stock is down since Friday's close.

14 sie 2026, 19:16 UTC

Macro Event

Mercantile Bank shares are lower amid concerns over declining consumer sentiment and unexpected retail sales data, despite earlier gains during the session.

13 sie 2026, 22:01 UTC

Mercantile Bank Corp shares are lower in after-market hours, contrasting with record highs in the broader market amid falling oil prices and softer inflation data.

12 sie 2026, 20:06 UTC

Correlated Moves

Mercantile Bank Corp's shares are higher, tracking broader market trends amid gains in the regional banking sector, particularly Columbia Financial Inc.

11 sie 2026, 19:26 UTC

Correlated Moves

Mercantile Bank Corp shares are higher, supported by favorable conditions for regional banks. The stock is trading above its 20-day moving average.

10 sie 2026, 19:56 UTC

Correlated Moves

Mercantile Bank Corp shares are lower, continuing a trend of declines amid broader market weakness and cautious investor sentiment following a weak jobs report.

7 sie 2026, 19:56 UTC

Mercantile Bank Corp shares are lower, continuing a decline since Thursday. Broader market factors include a disappointing jobs report affecting regional bank stocks.

6 sie 2026, 19:26 UTC

Macro Event
Correlated Moves

Mercantile Bank Corp shares are lower today, influenced by the U.S. Wholesale Inventories report showing a month-over-month increase of 0.2%.

5 sie 2026, 22:01 UTC

Mercantile Bank Corp shares are trading higher in after-market hours, maintaining a steady return since Wednesday's close and positioned above its 20-day moving average.

3 sie 2026, 20:07 UTC

Correlated Moves

Mercantile Bank Corp shares are higher today, maintaining an upward trend since Friday's close, supported by broader market gains and a strong correlation with the Russell 2000 Index.

31 lip 2026, 19:36 UTC

Correlated Moves

Mercantile Bank Corp is experiencing modest gains, trading above its 20-day moving average and near the upper end of its one-month range.

30 lip 2026, 20:09 UTC

Correlated Moves

Mercantile Bank Corp shares are lower, influenced by a sharp decline in Coastal Financial Corp and disappointing economic data on jobless claims and GDP growth.

29 lip 2026, 23:31 UTC

Correlated Moves

Mercantile Bank Corp shares are higher in after-market hours, supported by the Russell 2000's advance and the Federal Reserve's interest rate decision.

28 lip 2026, 20:03 UTC

News

Mercantile Bank Corp reported strong second-quarter results and increased its dividend to $0.40 per share, with shares higher since Monday's close.

27 lip 2026, 19:07 UTC

Correlated Moves

Mercantile Bank Corp shares are higher today, supported by a rise in City Holding Co shares. The overall market backdrop includes a decline in crude oil prices.

24 lip 2026, 19:52 UTC

Correlated Moves

Mercantile Bank Corp shares are higher amid positive sentiment in the regional banking sector, following gains in Tompkins Financial Corp since Thursday's close.

22 lip 2026, 20:01 UTC

Correlated Moves
News

Mercantile Bank Corp shares are lower today after Hovde Group downgraded the stock to Market Perform with a $62 price target.

21 lip 2026, 20:12 UTC

Mercantile Bank Corp shares are higher in after-market hours, supported by positive sentiment in U.S. markets following strong earnings from major companies.

20 lip 2026, 19:06 UTC

Correlated Moves

Mercantile Bank Corp shares are lower today, tracking broader market declines amid rising Treasury yields and inflation concerns linked to oil prices above $90.

Peer Comparison

Price change

Mercantile Bank Corp Forecast

Price Target

By TipRanks

5.34% upside

12 Months Forecast

Average 62.75 USD  5.34%

High 65 USD

Low 60 USD

Based on 4 Wall Street analysts offering 12 month price targets forMercantile Bank Corp - Dist in the last 3 months.

Rating Consensus

By TipRanks

Neutral

4 ratings

1

Buy

3

Hold

0

Sell

Sentiment

By Acuity

169 / 437 Ranking in Finance

News Sentiment

Neutral

Volatility

Below average

News Volume (RCV)

Below average

Financials

Selling and administration expenses

Operating expenses

Pre-tax profit

Sales

Cost of sales

Gross profit on sales

Interest expense on debt

EBITDA

Operating profit

$

About Mercantile Bank Corp

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 provides 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 offers 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. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
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