Mercantile Bank (id:8019 MBWM)
50.39 USD
Opening hours: 09:30 - 16:00 (Eastern Standard Time: 11/25/2024 9:26:37 AM)
Exchange closed, opens in 3 minutes
About Mercantile Bank
Market Capitalization 813.39M
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, it offers courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
| Headquarters (address) |
310 Leonard Street NW Grand Rapids 49504 MI United States |
| Phone | 616 406 3000 |
| Website | https://www.mercbank.com |
| Employees | 653 |
| Sector | Financial Services |
| Industry | Banks Regional |
| Ticker | MBWM |
| Exchange | NASDAQ Stock Exchange |
| Currency | USD |
| 52 week range | 33.46 - 51.31 |
| Market Capitalization | 813.39M |
| Dividend yield forward | 2.86 % |
| Dividend yield forward United States (ID:6, base:1864) | 4.14 % |
| P/E trailing | 10.16 |
| P/E forward | 11.37 |
| Price/Sale | 3.66 |
| Price/Book | 1.39 |
| Beta | 0.969 |
| EPS | 4.96 |
| EPS United States (ID:6, base:3413) | 24.15 |
Dividend growth streak
Mercantile Bank has raised their dividend 4.00 years in a row. This is below the 4.478450 year average in the 'Banks Regional' industry
Forward Annual Dividend Yield
Forward Annual Dividend Yield: Mercantile Bank has raised their dividend 2.86 years in a row. This is below the 41483.143000 year average in the 'Banks Regional' industry
Compound Average Growth Rate 3 Years
Compound Average Growth Rate 3 Years: Mercantile Bank has raised their dividend 6.16 years in a row. This is below the 24.033000 year average in the 'Banks Regional' industry
Compound Average Growth Rate 10 Years
Compound Average Growth Rate 10 Years: Mercantile Bank has raised their dividend 14.70 years in a row. This is above the 10.158800 year average in the 'Banks Regional' industry
Payout Ratio
Payout Ratio: Mercantile Bank has raised their dividend 28.23 years in a row. This is below the 147.832500 year average in the 'Banks Regional' industry
Dividend growth streak
Mercantile Bank has raised their dividend 4.00 years in a row. This is below the 4.478450 year average in the 'Banks Regional' industry
Forward Annual Dividend Yield
Forward Annual Dividend Yield: Mercantile Bank has raised their dividend 2.86 years in a row. This is below the 41483.143000 year average in the 'Banks Regional' industry
Compound Average Growth Rate 3 Years
Compound Average Growth Rate 3 Years: Mercantile Bank has raised their dividend 6.16 years in a row. This is below the 24.033000 year average in the 'Banks Regional' industry
Compound Average Growth Rate 10 Years
Compound Average Growth Rate 10 Years: Mercantile Bank has raised their dividend 14.70 years in a row. This is above the 10.158800 year average in the 'Banks Regional' industry
Payout Ratio
Payout Ratio: Mercantile Bank has raised their dividend 28.23 years in a row. This is below the 147.832500 year average in the 'Banks Regional' industry