Mercantile Bank

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.

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Mercantile Bank excels in Q4 2022, eyes strategic expansion

Mercantile Bank's Q4 2022 showcased strong financial performance, with a focus on maintaining asset quality and expanding strategically. Challenges in the real estate sector and reduced noninterest income were noted. The bank is capitalizing on opportunities through branch network optimization and market disruption.

Mercantile Bank (MBWM) reports robust Q1 earnings and eyes growth opportunities

Mercantile Bank's Q1 2023 performance showcased strong earnings growth, robust asset quality, and a focus on stability and community banking. While facing challenges in interest rate risk management and expense control, the bank can capitalize on opportunities in loan growth, construction lending, and operational efficiency. By maintaining its strengths and addressing challenges effectively, Mercantile Bank is poised for continued success in a dynamic economic environment.

Mercantile Bank reports strong Q2 earnings amidst economic uncertainties

Mercantile Bank's Q2 performance reflects solid earnings and a focus on community support. While facing challenges related to potential economic downturns and mortgage lending, the bank remains well-positioned with strong asset quality and proactive risk management. Opportunities in deposit initiatives, tax credit business, and mortgage banking present avenues for future growth.

Mercantile Bank (MBWM) reports robust Q3 earnings and strategic leadership transition

Mercantile Bank (MBWM) delivered strong financial performance in Q3 2023, with a focus on core strengths in commercial lending, asset quality, and expense control. While facing challenges such as declining net interest margin and provisions outlook, the bank is well-positioned to capitalize on opportunities for deposit and fee income growth. Strategic leadership changes were announced, with a smooth transition planned for the CEO role.

Mercantile Bank posts solid earnings amidst margin challenges and opportunities

Mercantile Bank delivered strong earnings and commercial loan growth in Q4 2023, despite challenges in net interest income and margin compression.
The bank's focus on technology investments and strategic repricing positions it well to navigate market uncertainties and optimize margins.
Opportunities for market share gains, margin optimization, and continued loan growth present avenues for sustained performance and shareholder value.
Maintaining a cautious approach to buybacks while emphasizing capital strength reflects prudent risk management in a dynamic market environment.

Mercantile Bank posts robust Q1 earnings amidst leadership transition

Mercantile Bank delivered solid financial performance in Q1 2024 with strong earnings and asset quality
While facing challenges in margin outlook and credit quality, the bank maintains a stable regulatory capital position
Opportunities lie in optimizing fee income, exploring strategic transactions, and navigating leadership transition

Mercantile Bank reports solid Q2 earnings amidst margin challenges

Mercantile Bank's Q2 2024 performance reflects a mix of strengths, challenges, and opportunities, with a focus on diversifying income sources and managing expenses.
The bank's strategic initiatives to grow commercial loans and improve asset quality position it well for future growth and stability.
While facing challenges in net interest margin and expense management, Mercantile Bank's strong capitalization and forecasted stability offer a solid foundation.
Navigating the balance between loan growth, credit quality, and capital allocation will be key for Mercantile Bank's sustained success in the evolving financial landscape.

Mercantile Bank reports solid Q3 growth amidst profitability challenges

Mercantile Bank's Q3 2024 performance reflects steady growth in deposits and loans, though challenges in net interest income persist.
The bank's strong asset quality and capital position provide a solid foundation for navigating market dynamics and seizing growth opportunities.
Strategic focus on optimizing the loan-to-deposit ratio and addressing margin expectations will be key for sustained profitability and competitiveness.

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Mercantile Bank (MBWM) delivered earnings and revenue surprises of 36.59% and 9.73%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Mercantile Bank (MBWM) Q2 Earnings and Revenues Beat Estimates

Shares of Mercantile Bank (NASDAQ:MBWM) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share rose 107.41% year over year to $1.12, which beat the estimate of $0.74.

Recap: Mercantile Bank Q2 Earnings

GRAND RAPIDS, Mich., July 20, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $18.1 million, or $1.12 per diluted share, for the second quarter of 2021, compared with net income of $8.7 million, or $0.54 per diluted share, for the respective prior-year period.

Mercantile Bank Corporation Reports Strong Second Quarter 2021 Results

GRAND RAPIDS, Mich., July 6, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will hold a conference call to discuss second quarter 2021 results on Tuesday, July 20, 2021, at 10:00 a.m.

Mercantile Bank Corporation Announces Second Quarter 2021 Results Conference Call and Webcast

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Mercantile Bank (MBWM) announces the renewal of its $20-million share buyback program.

Mercantile Bank (MBWM) Up 2.9% as it Renews Share Buyback Plan

GRAND RAPIDS, Mich., May 27, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that its Board of Directors has authorized the renewal of its stock repurchase program.

Mercantile Bank Corporation Announces Renewal of Stock Repurchase Program

Mercantile Bank Corporation's (MBWM) CEO Bob Kaminski on Q1 2021 Results - Earnings Call Transcript

Mercantile Bank (MBWM) delivered earnings and revenue surprises of 33.85% and 8.30%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Mercantile Bank (MBWM) Q1 Earnings and Revenues Surpass Estimates

Shares of Mercantile Bank (NASDAQ:MBWM) decreased 0.2% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 33.85% over the past year to $0.87, which beat the estimate of $0.71.

Mercantile Bank: Q1 Earnings Insights

GRAND RAPIDS, Mich., April 20, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $14.2 million, or $0.87 per diluted share, for the first quarter of 2021, compared with net income of $10.7 million, or $0.65 per diluted share, for the respective prior-year period.

Mercantile Bank Corporation Announces Strong First Quarter 2021 Results

Mercantile Bank (NASDAQ:MBWM) unveils its next round of earnings this Tuesday, April 20. Get prepared with Benzinga's ultimate preview for Mercantile Bank's Q1 earnings.

A Preview Of Mercantile Bank's Earnings

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.

Mercantile Bank (MBWM) Expected to Beat Earnings Estimates: Should You Buy?

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GRAND RAPIDS, Mich., April 1, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will hold a conference call to discuss first quarter 2021 results on Tuesday, April 20, 2021, at 10:00 a.m.

Mercantile Bank Corporation Announces First Quarter 2021 Results Conference Call and Webcast

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Mercantile Bank Corporation (MBWM) CEO Bob Kaminski on Q4 2020 Results - Earnings Call Transcript

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Shares of Mercantile Bank (NASDAQ:MBWM) fell 1.0% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 4.82% year over year to $0.87, which beat the estimate of $0.55.

Recap: Mercantile Bank Q4 Earnings

GRAND RAPIDS, Mich., Jan. 19, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $14.1 million, or $0.87 per diluted share, for the fourth quarter of 2020, compared with net income of $13.3 million, or $0.81 per diluted share, for the...

Mercantile Bank Corporation Announces Strong Fourth Quarter and Full Year 2020 Results

SAN JUAN, PR, Jan. 7, 2021 – OTC PR WIRE — Mercantile Bank International Corp. (“MBI”) (www.mercantile-bank.com), an innovative payments and digital asset custody bank based in Puerto Rico, today announced that on December 31, 2020, it executed a definitive agreement, subject to required approvals, for a reverse merger with Crucial Innovations Corp. (OTC […]

Mercantile Bank International Corp. Announces Reverse Merger Transaction with Crucial Innovations Corp.

Mercantile Bank Corporation (MBWM) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Mercantile Bank (MBWM)

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Mercantile Bank (MBWM) Stock?

HASTINGS, Mich., Oct. 26, 2020 /PRNewswire/ -- Lake Trust Credit Union ("Lake Trust"), a community-based credit union serving nearly 200,000 individuals and businesses throughout Michigan, announced an intent to purchase the Hastings, Mich. branch of Mercantile Bank of Michigan...

Lake Trust Credit Union to Purchase Hastings Branch of Mercantile Bank of Michigan

Mercantile Bank Corporation (MBWM) CEO Robert Kaminski on Q3 2020 Results - Earnings Call Transcript

News for Mercantile Bank Stock (MBWM)