MBWM closed green above support zone, long opportunityMBWM closed above the support zone, so it may be worth it thinking about a long swing-trade.
Possible SL@$19.09
Possible TP@$23.11
No investment advice.
Next report date
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4.97 USD
82.22 M USD
303.50 M USD
15.33 M
About Mercantile Bank Corporation
Sector
Industry
CEO
Raymond E. Reitsma
Website
Headquarters
Grand Rapids
Founded
1997
FIGI
BBG000BP2RV5
Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. It offers checking and savings accounts, credit and debit cards, mobile and Internet banking, business loans, mobile wallet, health savings account, and treasury management services. The company was founded on July 15, 1997 and is headquartered in Grand Rapids, MI.
Incredibly overbought in a market downtrend. After Mercantile's earnings call shares soared against the trend of the overall market. As the market progressed today the lone stocks that soared (i.e EBAY, MWBM, EDU) failed to keep bulls excited and dipped soon after news hit. We see a similar pattern with MWBM. If the market continues to sell of
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MBWM5406981
Mercantile Bank Corporation 3.25% 30-JAN-2032Yield to maturity
4.40%
Maturity date
Jan 30, 2032
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Frequently Asked Questions
The current price of MBWM is 45.39 USD — it has increased by 0.69% in the past 24 hours. Watch Mercantile Bank Corporation stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Mercantile Bank Corporation stocks are traded under the ticker MBWM.
MBWM stock has fallen by −7.33% compared to the previous week, the month change is a −8.02% fall, over the last year Mercantile Bank Corporation has showed a 12.07% increase.
We've gathered analysts' opinions on Mercantile Bank Corporation future price: according to them, MBWM price has a max estimate of 56.00 USD and a min estimate of 48.00 USD. Watch MBWM chart and read a more detailed Mercantile Bank Corporation stock forecast: see what analysts think of Mercantile Bank Corporation and suggest that you do with its stocks.
MBWM reached its all-time high on Nov 25, 2024 with the price of 52.98 USD, and its all-time low was 2.84 USD and was reached on Jun 24, 2009. View more price dynamics on MBWM chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MBWM stock is 3.40% volatile and has beta coefficient of 0.99. Track Mercantile Bank Corporation stock price on the chart and check out the list of the most volatile stocks — is Mercantile Bank Corporation there?
Today Mercantile Bank Corporation has the market capitalization of 732.68 M, it has decreased by −6.00% over the last week.
Yes, you can track Mercantile Bank Corporation financials in yearly and quarterly reports right on TradingView.
Mercantile Bank Corporation is going to release the next earnings report on Jan 21, 2025. Keep track of upcoming events with our Earnings Calendar.
MBWM earnings for the last quarter are 1.22 USD per share, whereas the estimation was 1.17 USD resulting in a 4.10% surprise. The estimated earnings for the next quarter are 1.14 USD per share. See more details about Mercantile Bank Corporation earnings.
Mercantile Bank Corporation revenue for the last quarter amounts to 58.00 M USD, despite the estimated figure of 56.88 M USD. In the next quarter, revenue is expected to reach 57.38 M USD.
MBWM net income for the last quarter is 19.62 M USD, while the quarter before that showed 18.79 M USD of net income which accounts for 4.43% change. Track more Mercantile Bank Corporation financial stats to get the full picture.
Yes, MBWM dividends are paid quarterly. The last dividend per share was 0.36 USD. As of today, Dividend Yield (TTM)% is 3.08%. Tracking Mercantile Bank Corporation dividends might help you take more informed decisions.
Mercantile Bank Corporation dividend yield was 3.32% in 2023, and payout ratio reached 26.10%. The year before the numbers were 3.76% and 32.73% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 25, 2024, the company has 631.00 employees. See our rating of the largest employees — is Mercantile Bank Corporation on this list?
Like other stocks, MBWM shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Mercantile Bank Corporation stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Mercantile Bank Corporation technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Mercantile Bank Corporation stock shows the buy signal. See more of Mercantile Bank Corporation technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.