76%
of retail accounts lose money when trading CFDs with this provider.
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
76%
of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
76%
of retail accounts lose money when trading CFDs with this provider.
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
76%
of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
English (International)
Mercantile Bank Corp
Closed
SectorFinance
45.65 -0.93
Overview
Share price change
24h
Min
44.8
Max
46.12
Income | -89K 20M |
|---|---|
Sales | -1.3M 57M |
P/E Sector Avg | 9.479 24.598 |
EPS | 1.21 |
Dividend yield | 3.42 |
Profit margin | 34.126 |
Employees | 662 |
EBITDA | -3.2M 24M |
Recommendations | Buy |
|---|---|
12 Months Forecast | +8.48% upside |
Dividend yield Sector Avg | 3.42% 4.30% |
|---|---|
Next Dividend date | 18 Jun 2025 |
Next Ex Dividend date | 6 Jun 2025 |
Market Cap | 49M 739M |
|---|---|
Previous open | 46.58 |
Previous close | 45.65 |
News Sentiment
By Acuity
50%
50%
197 / 540 Finance
Technical Score
By Trading Central
Confidence
Very Strong Bullish Evidence
Mercantile Bank Corp Chart
Past performance is not a reliable indicator of future results.
Related News
Peer Comparison
Price change
Mercantile Bank Corp Forecast
Price Target
By TipRanks
8.48% upside
12 Months Forecast
Average 50.25 USD 8.48%
High 53 USD
Low 47.5 USD
Based on 2 Wall Street analysts offering 12 month price targets forMercantile Bank Corp - Dist in the last 3 months.
Sentiment
By Acuity
197 / 540 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.
