|Bid||38.23 x 1100|
|Ask||38.41 x 2200|
|Day's Range||37.64 - 38.91|
|52 Week Range||26.76 - 40.01|
|Beta (5Y Monthly)||1.13|
|PE Ratio (TTM)||10.04|
|Earnings Date||Apr 18, 2022 - Apr 22, 2022|
|Forward Dividend & Yield||1.18 (3.28%)|
|Ex-Dividend Date||Dec 02, 2021|
|1y Target Est||36.25|
Mercantile Bank Corporation ( NASDAQ:MBWM ) has announced that it will be increasing its dividend on the 16th of March...
Mercantile Bank (MBWM) delivered earnings and revenue surprises of 13.25% and 3.83%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $11.6 million, or $0.74 per diluted share, for the fourth quarter of 2021, compared with net income of $14.1 million, or $0.87 per diluted share, for the respective prior-year period. For the full year 2021, Mercantile reported net income of $59.0 million, or $3.69 per diluted share, compared with net income of $44.1 million, or $2.71 per diluted share, for the full year 2020.