Raymond James downgraded Mercantile Bank from Strong Buy to Outperform and set a new price target of $35.00 from $44.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/25/2026 | $54.00 | Equal-Weight | Stephens |
| 12/18/2025 | $53.00 → $56.00 | Outperform | Hovde Group |
| 7/24/2025 | $55.00 | Mkt Perform → Outperform | Raymond James |
| 1/22/2025 | $54.00 | Market Perform → Outperform | Hovde Group |
| 5/8/2024 | Buy → Neutral | Janney | |
| 3/4/2024 | Outperform → Market Perform | Hovde Group | |
| 1/16/2024 | Neutral → Buy | Janney | |
| 3/7/2023 | $38.00 → $40.00 | Neutral → Overweight | Piper Sandler |
GRAND RAPIDS, Mich., March 31, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) will host a conference call and webcast at 10 a.m. ET on Tuesday, April 21, 2026, to discuss first quarter 2026 financial results. The Company's first quarter 2026 earnings release will be released before markets open on Tuesday, April 21, 2026, and available in the "Investor Relations" section of the Company's website, ir.mercbank.com.Participants may access the live webcast on April 21, 2026, at 10 a.m. ET at ir.mercbank.com. An audio archive will be available on the Mercantile Invest
Increases in net interest income and certain noninterest income categories, sustained strength in asset quality metrics and capital levels, and acquisition of Eastern Michigan Financial Corporation highlight the year GRAND RAPIDS, Mich., Jan. 20, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile") reported net income of $22.8 million, or $1.40 per diluted share, for the fourth quarter of 2025, compared with net income of $19.6 million, or $1.22 per diluted share, for the respective prior-year period. For the full-year 2025, Mercantile reported net income of $88.8 million, or $5.47 per diluted share, compared with net income of $79.6 million, or $4.93 per diluted sh
Board declares $0.39 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.1% percent GRAND RAPIDS, Mich., Jan. 20, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile") announced today that on January 15, 2026, its Board of Directors declared a regular quarterly cash dividend of $0.39 per common share, payable on March 18, 2026, to holders of record as of March 6, 2026. The $0.39 cash dividend is 2.6 percent and 5.4 percent higher than the cash dividends paid during the fourth quarter and first quarter of 2025, respectively.
4 - MERCANTILE BANK CORP (0001042729) (Issuer)
4 - MERCANTILE BANK CORP (0001042729) (Issuer)
4 - MERCANTILE BANK CORP (0001042729) (Issuer)
Stephens initiated coverage of Mercantile Bank with a rating of Equal-Weight and set a new price target of $54.00
Hovde Group reiterated coverage of Mercantile Bank with a rating of Outperform and set a new price target of $56.00 from $53.00 previously
Raymond James upgraded Mercantile Bank from Mkt Perform to Outperform and set a new price target of $55.00
SCHEDULE 13G/A - MERCANTILE BANK CORP (0001042729) (Subject)
8-K - MERCANTILE BANK CORP (0001042729) (Filer)
10-K - MERCANTILE BANK CORP (0001042729) (Filer)
4 - MERCANTILE BANK CORP (0001042729) (Issuer)
4 - MERCANTILE BANK CORP (0001042729) (Issuer)
4 - MERCANTILE BANK CORP (0001042729) (Issuer)
GRAND RAPIDS, Mich., Oct. 17, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile") announced today that President and Chief Executive Officer ("CEO") Robert B. Kaminski. Jr., intends to retire effective June 1, 2024. Mr. Kaminski will remain on the Board of Directors. In conjunction with Mr. Kaminski's retirement, Raymond E. Reitsma will be appointed President and CEO of Mercantile effective June 1, 2024. Mr. Reitsma will continue to serve in his current role as Executive Vice President and Chief Operating Officer until June 1, 2024. Mr. Kaminski commented, "The management succession process is an ongoing responsibility which is v
GRAND RAPIDS, Mich., Dec. 1, 2022 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile"), announced today the appointments of Amy L. Sparks, CPA and Nelson F. Sanchez, CPA to the Bank's Board of Directors in the second half of 2022. "We are thrilled to welcome two new Directors who bring a wealth of experience in business, finance and manufacturing as we expand the diversification of perspectives across our Board. Amy's executive leadership of solidifying financial performance, organizational development, diversifying into new markets and increased employee e
GRAND RAPIDS, Mich., March 31, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) will host a conference call and webcast at 10 a.m. ET on Tuesday, April 21, 2026, to discuss first quarter 2026 financial results. The Company's first quarter 2026 earnings release will be released before markets open on Tuesday, April 21, 2026, and available in the "Investor Relations" section of the Company's website, ir.mercbank.com.Participants may access the live webcast on April 21, 2026, at 10 a.m. ET at ir.mercbank.com. An audio archive will be available on the Mercantile Invest
Increases in net interest income and certain noninterest income categories, sustained strength in asset quality metrics and capital levels, and acquisition of Eastern Michigan Financial Corporation highlight the year GRAND RAPIDS, Mich., Jan. 20, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile") reported net income of $22.8 million, or $1.40 per diluted share, for the fourth quarter of 2025, compared with net income of $19.6 million, or $1.22 per diluted share, for the respective prior-year period. For the full-year 2025, Mercantile reported net income of $88.8 million, or $5.47 per diluted share, compared with net income of $79.6 million, or $4.93 per diluted sh
Board declares $0.39 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.1% percent GRAND RAPIDS, Mich., Jan. 20, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile") announced today that on January 15, 2026, its Board of Directors declared a regular quarterly cash dividend of $0.39 per common share, payable on March 18, 2026, to holders of record as of March 6, 2026. The $0.39 cash dividend is 2.6 percent and 5.4 percent higher than the cash dividends paid during the fourth quarter and first quarter of 2025, respectively.
SC 13G/A - MERCANTILE BANK CORP (0001042729) (Subject)
SC 13G/A - MERCANTILE BANK CORP (0001042729) (Subject)
SC 13G/A - MERCANTILE BANK CORP (0001042729) (Subject)