Mercantile Bank Corporation Stock News

I focus on companies with consistent annual dividend increases, as they signal financial strength and reliable cash flow for long-term investors. This week's highlighted stocks averaged a 7% dividend increase and an 11-year streak, with Autoliv standing out for a 21% hike. My strategy prioritizes holdings that outperform the Schwab U.S. Dividend Equity ETF (SCHD) and deliver both income and cap...

Mercantile Bank's main challenge remains weak deposit growth, limiting its ability to capitalize on strong loan demand and keeping the loan-to-deposit ratio near 100%. Management is mitigating interest rate risk by increasing fixed-rate securities, which should gradually boost net interest margin as low-yield bonds mature and are reinvested. The bank maintains a solid dividend yield (3.17%) wit...

Mercantile Bank Corporation (NASDAQ:MBWM ) Q2 2025 Earnings Conference Call July 22, 2025 10:00 AM ET Company Participants Nichole Kladder - Chief Marketing Officer Raymond Reitsma - President, CEO & Director Charles Christmas - Executive VP, CFO & Treasurer Conference Call Participants Daniel Tamayo - CGS International Nathan Race - Piper Sandler & Co., Research Division Damon Del Monte - Keef...

Net interest income expansion, substantial noninterest income growth, and ongoing strength in asset quality metrics and capital levels highlight the quarter GRAND RAPIDS, Mich. , July 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $22.6 million, or $1.39 per diluted share, for the second quarter of 2025, compared with net income of $18....

Partnership strengthens Mercantile's position as Michigan's largest bank by total assets, enhances core deposit base and liquidity, and accelerates growth in key markets GRAND RAPIDS, Mich., July 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation ("Mercantile") (NASDAQ: MBWM) and Eastern Michigan Financial Corporation ("EFIN") (OTCID: EFIN) today jointly announced that they have entered into ...

Board declares $0.38 regular quarterly cash dividend on common stock,  resulting in a current annual yield of approximately 3.1 percent GRAND RAPIDS, Mich. , July 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on July 17, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.38 per common share, payable on Septembe...

GRAND RAPIDS, Mich. , June 30, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.

Over $200,000 provided to nonprofits through Federal Home Loan Bank of Indianapolis  Community Multiplier Program GRAND RAPIDS, Mich. , May 1, 2025 /PRNewswire/ -- Mercantile Bank is proud to announce its participation in the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis)  Community Multiplier  program, resulting in over  $200,000 in grant funding awarded to six nonprofit organiz...