Mercantile Bank Corporation ( MBWM ) NASDAQ Global Select

Cena: 42.99 ( -0.76% )

Aktualizacja 06-17 21:49
NASDAQ Global Select
Branża: Banks - Regional

Notowania:


Informacje o spółce:
Sektor: Usługi Finansowe
Branża: Banks - Regional
Zatrudnienie: 653
Giełda: NASDAQ Global Select
Ilość akcji w obrocie: 97%
Ilość akcji: 16 024 600
Debiut giełdowy: 1999-07-20
WWW: https://www.mercbank.com
CEO: Mr. Raymond E. Reitsma
Adres: 310 Leonard Street NW
Siedziba: 49504 Grand Rapids
ISIN: US5873761044
Opis firmy:

Mercantile Bank Corporation działa jako firma holdingowa banku w Mercantile Bank of Michigan, która świadczy usługi bankowe handlowe i detaliczne dla małych i średnich firm w Stanach Zjednoczonych. Akceptuje różne produkty depozytowe, w tym kontrole, oszczędności i konta certyfikatów terminowych; depozyty czasowe; i certyfikaty depozytu. Firma oferuje również pożyczki komercyjne i przemysłowe; wolne lądowe, rozwój gruntów i pożyczki budowlane mieszkalne; Pożyczki nieruchomości i właściciela i nieruchomości; pożyczki na wynajem wielorodzinne i mieszkaniowe; Pożyczki na nieruchomości mieszkalne jednorodzinne; Home Equity Line of Credit Programs; oraz pożyczki konsumenckie, takie jak nowe i używane pożyczki samochodowe i łodzi, a także karty kredytowe, a także usługi ochrony w rachunku bieżącym; oraz kredyty hipoteczne i raty mieszkaniowe. Ponadto zapewnia usługi kurierskie i udogodnienia depozytowe; oraz produkty ubezpieczeniowe, takie jak prywatny samochód pasażerski, właściciele domów, osobiste piechoty morskie śródlądowe, właściciele łodzi, pojazd rekreacyjny, pożar mieszkalny, polisy parasolowe, małe firmy i produkty ubezpieczeń na życie, a także posiadają 22 zautomatyzowane maszyny do kasjerów i 19 maszyn do bankowości wideo. Na dzień 18 stycznia 2022 r. Spółka prowadziła 44 biura bankowe. Mercantile Bank Corporation został zarejestrowany w 1997 roku i ma siedzibę w Grand Rapids w stanie Michigan.

Wskaźniki finansowe
Kapitalizacja (USD) 697 951 205
Aktywa: 5 917 127 000
Cena: 42.99
Wskaźnik Altman Z-Score: 0.4
Słaby (wysokie ryzyko bankructwa)
Dywidenda: 1
P/E: 9.0
Ilość akcji w obrocie: 97%
Średni wolumen: 59 152
Ilość akcji 16 235 199
Wskaźniki finansowe
Przychody TTM 333 367 000
Zobowiązania: 5 333 816 000
Przedział 52 tyg.: 36.5 - 52.98
Piotroski F-Score: 5
Umiarkowany (średnia jakość finansowa)
EPS: 4.8
P/E branży: 10.1
Beta: 0.969
Raport okresowy: 2025-07-22
WWW: https://www.mercbank.com
Zarząd
Imie i Nazwisko Stanowisko Wynagrodzenie Rok urodzenia
Mr. Raymond E. Reitsma President, Chief Executive Officer & Director 819 640 1963
Mr. Charles E. Christmas Executive Vice President, Chief Financial Officer & Treasurer 626 373 1966
Mr. Brett E. Hoover Executive Vice President & Chief Human Resource Officer 324 724 1971
Mr. Scott P. Setlock Executive Vice President, Chief Operating Officer & Secretary 0 1982
Mr. Mark S. Augustyn Chief Commercial Banking Officer of Mercantile Bank 0 0
Mr. Jeff Kaiser Senior Vice President & Head of Risk Management Department 0 0
Sonali D. Allen Senior Vice President and Chief Compliance & Community Development Officer of Mercantile Bank 0 0
Mr. Douglas J. Holtrop Executive Vice President & Senior Lending Officer of Mercantile Bank 0 0
Tara M. Randall Senior Vice President & Chief Retail Banking Officer of Mercantile Bank 0 0
Mr. Justin M. Karl Executive Vice President & Senior Lending Officer of Mercantile Bank 0 0
Wiadomości dla Mercantile Bank Corporation
Tytuł Treść Źródło Aktualizacja Link
MERCANTILE BANK PARTNERS IN STATEWIDE INVESTMENT TO ADVANCE AFFORDABLE HOUSING INITIATIVES Over $200,000 provided to nonprofits through Federal Home Loan Bank of Indianapolis  Community Multiplier Program GRAND RAPIDS, Mich. , May 1, 2025 /PRNewswire/ -- Mercantile Bank is proud to announce its participation in the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis)  Community Multiplier  program, resulting in over  $200,000 in grant funding awarded to six nonprofit organizations across the state supporting affordable housing projects. prnewswire.com 2025-05-01 14:50:00 Czytaj oryginał (ang.)
Mercantile Bank Corporation (MBWM) Q1 2025 Earnings Call Transcript Mercantile Bank Corporation (NASDAQ:MBWM ) Q1 2025 Earnings Conference Call April 22, 2025 10:00 AM ET Company Participants Ray Reitsma - President & CEO Chuck Christmas - EVP & CFO Nichole Kladder - CMO Conference Call Participants Brendan Nosal - Hovde Group Daniel Tamayo - Raymond James Damon DelMonte - KBW Adam Kroll - Piper Sandler Operator Good morning, and welcome to the Mercantile Bank Corporation 2025 first quarter earnings results conference call. [Operator instructions]. seekingalpha.com 2025-04-22 18:42:17 Czytaj oryginał (ang.)
Mercantile Bank (MBWM) Reports Q1 Earnings: What Key Metrics Have to Say While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com 2025-04-22 14:36:14 Czytaj oryginał (ang.)
Mercantile Bank (MBWM) Tops Q1 Earnings Estimates Mercantile Bank (MBWM) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.34 per share a year ago. zacks.com 2025-04-22 12:05:32 Czytaj oryginał (ang.)
Mercantile Bank Corporation Announces Strong First Quarter 2025 Results Growth in net interest income, notable increases in certain noninterest income categories, sustained strength in asset quality metrics, and continuing solid capital position highlight the quarter GRAND RAPIDS, Mich. , April 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $19.5 million, or $1.21 per diluted share, for the first quarter of 2025, compared with net income of $21.6 million, or $1.34 per diluted share, for the first quarter of 2024. prnewswire.com 2025-04-22 09:05:00 Czytaj oryginał (ang.)
Mercantile Bank Corporation Declares Regular Cash Dividend Board declares $0.37 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.6 percent  GRAND RAPIDS, Mich. , April 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 17, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.37 per common share, payable on June 18, 2025, to holders of record as of June 6, 2025. prnewswire.com 2025-04-22 09:00:00 Czytaj oryginał (ang.)
Mercantile Bank Corporation Announces First Quarter 2025 Results Conference Call and Webcast GRAND RAPIDS, Mich. , March 31, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m. prnewswire.com 2025-03-31 13:00:00 Czytaj oryginał (ang.)
31 Upcoming Dividend Increases, Including 3 Kings This week sees 31 dividend increases, including three Dividend Kings: Genuine Parts, Commerce Bancshares, and Kimberly-Clark, showcasing impressive financial stability and growth. My investment strategy prioritizes companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation and portfolio prosperity. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth. seekingalpha.com 2025-02-27 23:16:36 Czytaj oryginał (ang.)
Mercantile Bank Corporation (MBWM) Q4 2024 Earnings Call Transcript Mercantile Bank Corporation (NASDAQ:MBWM ) Q4 2024 Earnings Conference Call January 21, 2025 10:00 AM ET Company Participants Nichole Kladder - First Vice President and Chief Marketing Officer Raymond Reitsma - President and Chief Executive Officer Charles Christmas - Executive Vice President and Chief Financial Officer Conference Call Participants Daniel Tamayo - Raymond James Nathan Race - Piper Sandler Damon DelMonte - KBW Operator Good morning and welcome to the Mercantile Bank Corporation 2024 Fourth Quarter Earnings Conference Call. All participants will be in listen-only mode. seekingalpha.com 2025-01-21 15:08:14 Czytaj oryginał (ang.)
Compared to Estimates, Mercantile Bank (MBWM) Q4 Earnings: A Look at Key Metrics While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com 2025-01-21 12:31:30 Czytaj oryginał (ang.)
Mercantile Bank (MBWM) Q4 Earnings and Revenues Beat Estimates Mercantile Bank (MBWM) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.25 per share a year ago. zacks.com 2025-01-21 10:07:17 Czytaj oryginał (ang.)
Mercantile Bank Corporation Announces Robust Fourth Quarter and Full-Year 2024 Results Strong commercial loan and local deposit growth, notable increase in noninterest income, and ongoing strength in asset quality metrics highlight the year GRAND RAPIDS, Mich. , Jan. 21, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $19.6 million, or $1.22 per diluted share, for the fourth quarter of 2024, compared with net income of $20.0 million, or $1.25 per diluted share, for the respective prior-year period. prnewswire.com 2025-01-21 07:05:00 Czytaj oryginał (ang.)
Mercantile Bank Corporation Increases Regular Cash Dividend Board declares $0.37 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.4 percent GRAND RAPIDS, Mich. , Jan. 21, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on January 16, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.37 per common share, payable on March 19, 2025, to holders of record as of March 7, 2025. prnewswire.com 2025-01-21 07:00:00 Czytaj oryginał (ang.)
Seeking Clues to Mercantile Bank (MBWM) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Mercantile Bank (MBWM), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024. zacks.com 2025-01-15 12:21:00 Czytaj oryginał (ang.)
Mercantile Bank (MBWM) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release Mercantile Bank (MBWM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com 2025-01-14 13:01:18 Czytaj oryginał (ang.)
Mercantile Bank (MBWM) Upgraded to Buy: Here's What You Should Know Mercantile Bank (MBWM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com 2025-01-09 15:01:26 Czytaj oryginał (ang.)
Mercantile Bank Corporation Announces Fourth Quarter and Full Year 2024 Results Conference Call and Webcast GRAND RAPIDS, Mich. , Jan. 2, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m. prnewswire.com 2025-01-02 12:00:00 Czytaj oryginał (ang.)
A Great Quarter Is A Great Time To Downgrade Mercantile Bank Corporation Mercantile Bank Corporation's Q3 2024 results exceeded analyst expectations, with revenue and profits higher than anticipated, despite a year-over-year decline in net profits. The stock has risen 26.1% since April, outperforming the S&P 500, but asset quality concerns and potential interest rate cuts prompted a downgrade to “buy.”. Net interest income increased due to reduced credit loss provisions and higher interest-earning assets, though net interest margin continues to decline. seekingalpha.com 2024-10-15 21:50:50 Czytaj oryginał (ang.)
Mercantile Bank Corporation (MBWM) Q3 2024 Earnings Call Transcript Mercantile Bank Corporation (NASDAQ:MBWM ) Q3 2024 Earnings Conference Call October 15, 2024 10:00 AM ET Company Participants Nichole Kladder - First VP and Chief Marketing Officer Raymond Reitsma - President and CEO Charles Christmas - EVP and CFO Conference Call Participants Brendan Nosal - Hovde Group Daniel Tamayo - Raymond James Nathan Race - Piper Sandler Damon DelMonte - KBW Operator Good morning, and welcome to the Mercantile Bank Corporation 2024 Third Quarter Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. seekingalpha.com 2024-10-15 16:45:03 Czytaj oryginał (ang.)
Mercantile Bank (MBWM) Reports Q3 Earnings: What Key Metrics Have to Say The headline numbers for Mercantile Bank (MBWM) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com 2024-10-15 14:31:26 Czytaj oryginał (ang.)
Mercantile Bank (MBWM) Beats Q3 Earnings and Revenue Estimates Mercantile Bank (MBWM) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.30 per share a year ago. zacks.com 2024-10-15 12:06:08 Czytaj oryginał (ang.)
Mercantile Bank Corporation Announces Strong Third Quarter Results Robust local deposit and commercial loan growth and sustained strength in asset quality metrics highlight quarter GRAND RAPIDS, Mich. , Oct. 15, 2024 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $19.6 million, or $1.22 per diluted share, for the third quarter of 2024, compared with net income of $20.9 million, or $1.30 per diluted share, for the third quarter of 2023. prnewswire.com 2024-10-15 09:05:00 Czytaj oryginał (ang.)
Mercantile Bank Corporation Declares Regular Cash Dividend Board declares $0.36 regular quarterly cash dividend on common stock, providing for a current annual yield of approximately 3.5 percent  GRAND RAPIDS, Mich. , Oct. 15, 2024 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on October 10, 2024, its Board of Directors declared a regular quarterly cash dividend of $0.36 per common share, payable on December 18, 2024, to holders of record as of December 6, 2024. prnewswire.com 2024-10-15 09:00:00 Czytaj oryginał (ang.)
What Analyst Projections for Key Metrics Reveal About Mercantile Bank (MBWM) Q3 Earnings Besides Wall Street's top -and-bottom-line estimates for Mercantile Bank (MBWM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024. zacks.com 2024-10-10 14:20:31 Czytaj oryginał (ang.)
3 Bank Stocks Exhibiting Superb Earnings Growth Coastal Financial, Esquire Financial Holdings, and Mercantile Bank from the Banks &Thrifts industry showcase solid earnings growth. zacks.com 2024-10-08 20:06:33 Czytaj oryginał (ang.)
Mercantile Bank Corporation Announces Third Quarter 2024 Results Conference Call and Webcast GRAND RAPIDS, Mich. , Sept. 30, 2024 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m. prnewswire.com 2024-09-30 14:00:00 Czytaj oryginał (ang.)
15 Upcoming Dividend Increases Including A King This week, 15 companies, including Dividend King Stanley Black & Decker, are set to increase dividends, with SWK extending its 57-year streak by 1.2%. My strategy focuses on buying, holding, and adding companies that consistently increase dividends and outperform benchmarks, using SCHD as a performance gauge. The list of dividend increases is curated by merging data from the "U.S. Dividend Champions" spreadsheet and NASDAQ, emphasizing companies with at least five years of dividend growth. seekingalpha.com 2024-08-29 20:51:26 Czytaj oryginał (ang.)
Mercantile Bank: Q2 2024 Earnings Spike The Price Mortgage loan originations and commercial loan growth led to a positive market reaction. Loan to Deposit ratio is improving, but still high at 107%, with management aiming to bring it down to around 95%. MBWM may currently be overvalued, leading management to set aside a possible buyback and focus on maintaining capital ratios. seekingalpha.com 2024-07-17 18:15:09 Czytaj oryginał (ang.)
Mercantile Bank Corporation (MBWM) Q2 2024 Earnings Call Transcript Mercantile Bank Corporation (NASDAQ:MBWM ) Q2 2024 Earnings Conference Call July 16, 2024 10:00 AM ET Company Participants Nichole Kladder - First VP & Chief Marketing Officer Raymond Reitsma - President, CEO & Director Charles Christmas - CFO, EVP, Treasurer of Mercantile, EVP & CFO Conference Call Participants Brendan Nosal - Hovde Group Daniel Tomayo - Raymond James Financial Nathan Race - Piper Sandler Companies Damon DelMonte - KBW Operator Good morning and welcome to the Mercantile Bank Corporation 2024 Second Quarter Earnings Conference Call. [Operator Instructions]. seekingalpha.com 2024-07-16 18:10:27 Czytaj oryginał (ang.)
Mercantile Bank (MBWM) Meets Q2 Earnings Estimates Mercantile Bank (MBWM) came out with quarterly earnings of $1.17 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.27 per share a year ago. zacks.com 2024-07-16 12:05:36 Czytaj oryginał (ang.)
Mercantile Bank Corporation Announces Solid Second Quarter Results Strong local deposit and commercial loan growth and ongoing strength in asset quality metrics highlight quarter GRAND RAPIDS, Mich. , July 16, 2024 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $18.8 million, or $1.17 per diluted share, for the second quarter of 2024, compared with net income of $20.4 million, or $1.27 per diluted share, for the second quarter of 2023. prnewswire.com 2024-07-16 09:05:00 Czytaj oryginał (ang.)
Mercantile Bank Corporation Increases Regular Cash Dividend Board declares $0.36 regular quarterly cash dividend on common stock,  providing for a current annual yield of approximately 3.4 percent GRAND RAPIDS, Mich. , July 16, 2024 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on July 11, 2024, its Board of Directors declared a regular quarterly cash dividend of $0.36 per common share, payable on September 18, 2024, to holders of record as of September 6, 2024. prnewswire.com 2024-07-16 09:00:00 Czytaj oryginał (ang.)
What Analyst Projections for Key Metrics Reveal About Mercantile Bank (MBWM) Q2 Earnings Besides Wall Street's top -and-bottom-line estimates for Mercantile Bank (MBWM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024. zacks.com 2024-07-11 14:20:49 Czytaj oryginał (ang.)
Earnings Preview: Mercantile Bank (MBWM) Q2 Earnings Expected to Decline Mercantile Bank (MBWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com 2024-07-09 15:01:00 Czytaj oryginał (ang.)
Mercantile Bank Corporation Announces Second Quarter 2024 Results Conference Call and Webcast GRAND RAPIDS, Mich. , June 27, 2024 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m. prnewswire.com 2024-06-27 12:00:00 Czytaj oryginał (ang.)
Mercantile Bank Corporation Implements Management Succession Plan GRAND RAPIDS, Mich. , June 3, 2024 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) implemented the following resignations and appointments, in furtherance of its previously announced management succession plan, effective as of June 1, 2024: Robert B. prnewswire.com 2024-06-03 12:00:00 Czytaj oryginał (ang.)