Mercantile Bank Corporation Aktie News

Mercantile Bank is initiated with a "Buy" rating, targeting an 11% upside to a $59 fair value plus a 2.9% dividend yield. MBWM's Q4 earnings beat, robust credit quality, and the Eastern Michigan Bank acquisition expand its Michigan footprint and balance sheet liquidity. Loan growth is guided at 5%-7% for 2024, with NIM expansion expected from improved deposit mix and asset repricing, even amid ...

Mercantile Bank Corporation (MBWM) Q4 2025 Earnings Call Transcript

Increases in net interest income and certain noninterest income categories,  sustained strength in asset quality metrics and capital levels, and acquisition  of Eastern Michigan Financial Corporation highlight the year GRAND RAPIDS, Mich., Jan. 20, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $22.8 million, or $1.40 per diluted share, for...

Board declares $0.39 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.1% percent GRAND RAPIDS, Mich., Jan. 20, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on January 15, 2026, its Board of Directors declared a regular quarterly cash dividend of $0.39 per common share, payable on March ...

GRAND RAPIDS, Mich., Dec. 31, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today the completion of its previously announced merger with Eastern Michigan Financial Corporation ("Eastern").

GRAND RAPIDS, Mich. , Dec. 16, 2025 /PRNewswire/ -- Mercantile Bank Corporation ("Mercantile") (NASDAQ: MBWM) and Eastern Michigan Financial Corporation ("Eastern") (OTCID: EFIN) today jointly announced that the Federal Reserve Bank of Chicago has approved the proposed merger of Mercantile and Eastern.

Community bank margins have expanded as the benefit from fixed-rate assets repricing has overshadowed modest increases in funding costs. Most regional and community banks, in a variety of geographies, reported little to no deterioration in their credit quality in the quarter.

Mercantile Bank Corporation (NASDAQ:MBWM ) Q3 2025 Earnings Call October 21, 2025 10:00 AM EDT Company Participants Nichole Kladder Raymond Reitsma - President, CEO & Director Charles Christmas - Executive VP, CFO & Treasurer Conference Call Participants Brendan Nosal - Hovde Group, LLC, Research Division Daniel Tamayo - Raymond James & Associates, Inc., Research Division Damon Del Monte - Keef...