Mercantile Bank Corporation Stock News

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Mercantile Bank Corporation (NASDAQ:MBWM ) Q4 2024 Earnings Conference Call January 21, 2025 10:00 AM ET Company Participants Nichole Kladder - First Vice President and Chief Marketing Officer Raymond Reitsma - President and Chief Executive Officer Charles Christmas - Executive Vice President and Chief Financial Officer Conference Call Participants Daniel Tamayo - Raymond James Nathan Race - Pi...

Strong commercial loan and local deposit growth, notable increase in noninterest income, and ongoing strength in asset quality metrics highlight the year GRAND RAPIDS, Mich. , Jan. 21, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $19.6 million, or $1.22 per diluted share, for the fourth quarter of 2024, compared with net income of $20.0 m...

Board declares $0.37 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.4 percent GRAND RAPIDS, Mich. , Jan. 21, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on January 16, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.37 per common share, payable on March ...

GRAND RAPIDS, Mich. , Jan. 2, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.

Mercantile Bank Corporation's Q3 2024 results exceeded analyst expectations, with revenue and profits higher than anticipated, despite a year-over-year decline in net profits. The stock has risen 26.1% since April, outperforming the S&P 500, but asset quality concerns and potential interest rate cuts prompted a downgrade to “buy.”. Net interest income increased due to reduced credit loss provis...

Mercantile Bank Corporation (NASDAQ:MBWM ) Q3 2024 Earnings Conference Call October 15, 2024 10:00 AM ET Company Participants Nichole Kladder - First VP and Chief Marketing Officer Raymond Reitsma - President and CEO Charles Christmas - EVP and CFO Conference Call Participants Brendan Nosal - Hovde Group Daniel Tamayo - Raymond James Nathan Race - Piper Sandler Damon DelMonte - KBW Operator Goo...

Robust local deposit and commercial loan growth and sustained strength in asset quality metrics highlight quarter GRAND RAPIDS, Mich. , Oct. 15, 2024 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $19.6 million, or $1.22 per diluted share, for the third quarter of 2024, compared with net income of $20.9 million, or $1.30 per diluted share, for t...