|Bid||29.86 x 900|
|Ask||30.01 x 1000|
|Day's Range||29.26 - 30.18|
|52 Week Range||17.09 - 31.79|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||11.08|
|Earnings Date||Apr 19, 2021 - Apr 23, 2021|
|Forward Dividend & Yield||1.16 (3.74%)|
|Ex-Dividend Date||Mar 04, 2021|
|1y Target Est||31.25|
NEW YORK, NY / ACCESSWIRE / January 19, 2021/ Mercantile Bank Corp. (NASDAQ:MBWM) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on January 19, 2021 at 10:00 AM Eastern Time.
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.Revenue of $46,182,000 up by 20.02% year over year, which beat the estimate of $40,340,000.Guidance Earnings guidance hasn't been issued by the company for now.Mercantile Bank hasn't issued any revenue guidance for the time being.Details Of The Call Date: Jan 19, 2021View more earnings on MBWMTime: 10:00 AMET Webcast URL: https://www.webcaster4.com/Webcast/Page/1031/39409Technicals 52-week high: $37.1652-week low: $17.09Price action over last quarter: Up 28.39%Company Overview Mercantile Bank Corp operates as a bank holding company. The Bank provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. the company generates revenue from interest and dividends earned on loans, securities and other financial instruments.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For January 19, 2021(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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 respective prior-year period. For the full year 2020, Mercantile reported net income of $44.1 million, or $2.71 per diluted share, compared with net income of $49.5 million, or $3.01 per diluted share, for the full year 2019.