RY

115.2

+0.58%↑

TD

58.63

-2.14%↓

BMO

96.08

-1.52%↓

BNS

48.39

+1.94%↑

CM

58.96

+1.78%↑

RY

115.2

+0.58%↑

TD

58.63

-2.14%↓

BMO

96.08

-1.52%↓

BNS

48.39

+1.94%↑

CM

58.96

+1.78%↑

RY

115.2

+0.58%↑

TD

58.63

-2.14%↓

BMO

96.08

-1.52%↓

BNS

48.39

+1.94%↑

CM

58.96

+1.78%↑

RY

115.2

+0.58%↑

TD

58.63

-2.14%↓

BMO

96.08

-1.52%↓

BNS

48.39

+1.94%↑

CM

58.96

+1.78%↑

RY

115.2

+0.58%↑

TD

58.63

-2.14%↓

BMO

96.08

-1.52%↓

BNS

48.39

+1.94%↑

CM

58.96

+1.78%↑

Search

Mercantile Bank Corp

Open

SectorFinance

40.24 -6.61

Overview

Share price change

24h

Current

Min

39.96

Max

43.68

Key metrics

By Trading Economics

Income

8K

20M

Sales

-25M

59M

P/E

Sector Avg

8.811

22.015

EPS

1.22

Dividend yield

3.39

Profit margin

33.53

Employees

648

EBITDA

27M

Recommendations

By TipRanks

Recommendations

Buy

12 Months Forecast

+26.71% upside

Dividends

By Dow Jones

Dividend yield

Sector Avg

3.39%

3.90%

Next Earnings

22 Apr 2025

Next Dividend date

18 Jun 2025

Next Ex Dividend date

6 Jun 2025

Market Stats

By TradingEconomics

Market Cap

-65M

711M

Previous open

46.85

Previous close

40.24

News Sentiment

By Acuity

23%

77%

70 / 542 Finance

Technical Score

By Trading Central

Confidence

Strong Bearish Evidence

Mercantile Bank Corp Chart

Past performance is not a reliable indicator of future results.

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Peer Comparison

Price change

Mercantile Bank Corp Forecast

Price Target

By TipRanks

26.71% upside

12 Months Forecast

Average 55.5 USD  26.71%

High 57 USD

Low 54 USD

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

Rating Consensus

By TipRanks

Buy

3 ratings

2

Buy

1

Hold

0

Sell

Technical Score

By Trading Central

43.7101 / 44.54Support & Resistance

Short Term

Strong Bearish Evidence

Intermediate Term

Strong Bearish Evidence

Long Term

Neutral Evidence

Sentiment

By Acuity

70 / 542 Finance

News Sentiment

Very Strong Bullish Evidence

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.