U.S. market Closed. Opens in 4 hours 33 minutes

MBWM | Mercantile Bank Corporation Stock Overview

(Stock Exchange: NASDAQ)
Day's Range 48.08 - 48.70
52 Week Range 33.46 - 51.31
Beta 1.01
Implied Volatility 63.21%
IV Rank 35.66%
Day's Volume 28,330
Average Volume 59,845
Shares Outstanding 16,141,900
Market Cap 780,138,027
Sector Financial Services
Industry Banks - Regional
IPO Date 1999-07-20
Valuation
Profitability
Growth
Health
P/E Ratio 9.74
Forward P/E Ratio N/A
EPS 4.96
1YR Price Target N/A
Dividend Yield 2.97%
Dividend Per Share 1.43
Dividend ExDate N/A
Dividend PayDate N/A
Employees 653
Country USA
Website MBWM
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.
MBWM's peers: ASB, CASH, CBSH, CFFN, LKFN, MCBC, GSBC, FNLC, MOFG, MFG, NRIM, SSB
*Chart delayed
Analyzing fundamentals for MBWM we got that it has average fundamentals where Valuation is considered to be undervalued, Profitability is moderate, Growth is bad and Health is very weak. For more detailed analysis please see MBWM Fundamentals page.

Watching at MBWM technicals we can see that long-term trend is bullish, the same as bullish middle-term trend, as well as bullish short-term trend. More technicals details can be found on MBWM Technicals page.
An error has occurred. This application may no longer respond until reloaded. Reload 🗙