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Mercantile Bank Corp (MBWM.OQ)

MBWM.OQ on NASDAQ Stock Exchange Global Select Market

34.47USD
21 Feb 2018
Change (% chg)

$0.51 (+1.50%)
Prev Close
$33.96
Open
$34.07
Day's High
$34.81
Day's Low
$34.07
Volume
6,705
Avg. Vol
15,251
52-wk High
$38.08
52-wk Low
$28.96

Latest Key Developments (Source: Significant Developments)

Mercantile Bank Corp Posts Q4 Earnings Per Share $0.48
Tuesday, 16 Jan 2018 06:01am EST 

Jan 16 (Reuters) - Mercantile Bank Corp ::MERCANTILE BANK CORPORATION ANNOUNCES STRONG FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $0.48.Q4 EARNINGS PER SHARE VIEW $0.50 -- THOMSON REUTERS I/B/E/S.- TOTAL REVENUE, WHICH CONSISTS OF NET INTEREST INCOME AND NONINTEREST INCOME, WAS $32.9 MILLION DURING Q4 OF 2017, UP $1.9 MILLION.- NET INTEREST INCOME DURING Q4 OF 2017 WAS $28.4 MILLION, UP $2.0 MILLION.  Full Article

Mercantile Bank Corp Increases Cash Dividend By 16 Percent
Tuesday, 16 Jan 2018 06:00am EST 

Jan 16 (Reuters) - Mercantile Bank Corp ::MERCANTILE BANK CORPORATION INCREASES REGULAR CASH DIVIDEND.INCREASES QUARTERLY CASH DIVIDEND BY 16 PERCENT TO $0.22PER SHARE.  Full Article

Mercantile Bank Corp reports Q3 earnings per share of $0.51
Tuesday, 17 Oct 2017 06:01am EDT 

Oct 17 (Reuters) - Mercantile Bank Corp :Mercantile bank corporation reports strong third quarter 2017 results.Q3 earnings per share $0.51.Q3 earnings per share view $0.48 -- Thomson Reuters I/B/E/S.Mercantile Bank Corp - qtrly ‍net interest income was $28.6 million, up 8.3 percent from Q3 of 2016​.  Full Article

Mercantile Bank Corporation reports Q2 earnings per share $0.45
Tuesday, 18 Jul 2017 06:01am EDT 

July 18 (Reuters) - Mercantile Bank Corp ::Mercantile Bank Corporation reports strong second quarter 2017 results.Q2 earnings per share $0.45.Q2 earnings per share view $0.45 -- Thomson Reuters I/B/E/S.Mercantile Bank Corp - qtrly ‍net interest margin was 3.85 percent in Q2 of 2017, up from 3.73 percent in linked quarter​.Mercantile Bank Corp - total revenue was $31.2 million during Q2 of 2017, up $0.1 million or 0.2 percent from prior-year Q2.Mercantile Bank Corp - net interest income during Q2 of 2017 was $27.2 million, up $0.1 million or 0.3 percent from Q2 of 2016.  Full Article

Mercantile Bank Corporation increases cash dividend
Tuesday, 18 Jul 2017 06:00am EDT 

July 18 (Reuters) - Mercantile Bank Corp ::Mercantile Bank Corporation increases cash dividend.Mercantile Bank Corporation increases cash dividend.Increases quarterly cash dividend by 6 percent to $0.19per share.Increases quarterly cash dividend by 6 percent to $0.19per share.  Full Article

Mercantile Bank Corp reports Q1 earnings $0.46/shr
Tuesday, 18 Apr 2017 06:01am EDT 

April 18 (Reuters) - Mercantile Bank Corp :Mercantile Bank Corporation reports strong first quarter 2017 results.Q1 earnings per share $0.46.Q1 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.Mercantile Bank Corp - net interest income during Q1 of 2017 was $25.5 million, down $0.4 million or 1.4 percent from Q1 of 2016.Qtrly total revenue, which consists of net interest income and noninterest income, was $31.4 million.Mercantile Bank Corp - net interest margin was 3.73 percent in Q1 of 2017, down from 3.92 percent in prior-year Q1.Q1 revenue view $30.5 million -- Thomson Reuters I/B/E/S.  Full Article

Mercantile Bank Corp announces retirement of CEO
Tuesday, 19 Jul 2016 06:02am EDT 

Mercantile Bank Corp : Robert B. Kaminski Jr. Will be appointed president and ceo effective January 1, 2017 . Mercantile bank corporation announces retirement of president and CEO Michael Price and planned succession of Robert Kaminski . Price will remain chairman and an executive officer until annual shareholders' meeting scheduled for may 2018 .Kaminski will continue to serve in his current role as executive vice president and chief operating officer until January 1, 2017.  Full Article

Mercantile Bank Corp Q2 earnings per share $0.46
Tuesday, 19 Jul 2016 06:01am EDT 

Mercantile Bank Corp : Savings from cost efficiency program should positively impact operating results during remainder of 2016 . Mercantile bank corporation reports strong second quarter 2016 results . Q2 earnings per share $0.46 . Q2 earnings per share view $0.42 -- Thomson Reuters I/B/E/S . Net interest income during q2 of 2016 was $27.1 million, up $2.1 million or 8.2 percent from q2 of 2015 .Now realizing full cost savings associated with cost efficiency program announced in latter part of 2015.  Full Article

Mercantile Bank increases quarterly cash dividend by 6 pct to $0.17/share
Tuesday, 19 Jul 2016 06:00am EDT 

Mercantile Bank Corp :Increases quarterly cash dividend by 6 percent to $0.17 per share.  Full Article

BRIEF-Mercantile Bank Corp Posts Q4 Earnings Per Share $0.48

* MERCANTILE BANK CORPORATION ANNOUNCES STRONG FOURTH QUARTER AND FULL YEAR 2017 RESULTS