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Ticker Symbol: MBWM

Mercantile Bank Corp.

$36.52 - 02-12-2024 4 p.m. ET

Exchange: NASDAQ Country: US Currency: USD Asset Type: Common Stock CIK:0001042729

Company Profile

Based in Grand Rapids, Michigan, Mercantile Bank Corporation is the bank holding company for Mercantile Bank of Michigan. Mercantile provides banking services to businesses, individuals and governmental units, and differentiates itself on the basis of service quality and the expertise of its banking staff. Mercantile has assets of approximately $4.4 billion and operates 44 banking offices.

Sector: Finance and Insurance
Industry: Commercial Banking
Standard Industrial Classification Code (SIC code): 6022
Address: 310 Leonard St NW
CEO: Robert Kaminski
Tags:
  • Finance
  • Regional Banks
  • Finance and Insurance
  • Commercial Banking

Pricing

Last Updated: October 3, 2023 03:00 PM EST
Previous Close: $30.35
Change: -$0.46 ( -1.49%)
Days Range: $30.12 - $31.64
Beta: 0.97
52wk. High: $35.99
52wk. Low: $22.82
Ytd. Change -4.25%
50 Day Moving Average: $31.70
200 Day Moving Average: $29.66
Shares Outstanding: 16018216

Valuation

Market Cap: 48.6B
PE Ratio: 6.11
EPS (TTM): 4.97

Dividends

Dividend Per Share (TTM): $1.28
Dividend Yield (TTM): 3.98%
Ex-Dividend Date: August 31, 2023