Automate Your Wheel Strategy on MBWM
With Tiblio's Option Bot, you can configure your own wheel strategy including MBWM - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.
Start Your Free Trial NowKey Metrics & Ratings
- symbol MBWM
- Rev/Share 17.7649
- Book/Share 37.5569
- PB 1.163
- Debt/Equity 0.832
- CurrentRatio 0.0
- ROIC 0.085
- MktCap 709153492.0
- FreeCF/Share 3.8734
- PFCF 11.3029
- PE 9.1215
- Debt/Assets 0.0824
- DivYield 0.033
- ROE 0.1333
- Rating A-
- Score 4
- Recommendation Buy
- P/E Score 3
- DCF Score 5
- P/B Score 2
- D/E Score 2
Recent Analyst Ratings
| Type | Ticker | Analyst Firm | Previous Rating | Current Rating | Previous Price Target | Current Price Target | Date |
|---|---|---|---|---|---|---|---|
| Upgrade | MBWM | Hovde Group | Market Perform | Outperform | -- | $54 | Jan. 22, 2025 |
News
MERCANTILE BANK PARTNERS IN STATEWIDE INVESTMENT TO ADVANCE AFFORDABLE HOUSING INITIATIVES
Published: May 01, 2025 by: PRNewsWire
Sentiment: Neutral
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 organizations across the state supporting affordable housing projects.
Read More
Mercantile Bank Corporation (MBWM) Q1 2025 Earnings Call Transcript
Published: April 22, 2025 by: Seeking Alpha
Sentiment: Neutral
Mercantile Bank Corporation (NASDAQ:MBWM ) Q1 2025 Earnings Conference Call April 22, 2025 10:00 AM ET Company Participants Ray Reitsma - President & CEO Chuck Christmas - EVP & CFO Nichole Kladder - CMO Conference Call Participants Brendan Nosal - Hovde Group Daniel Tamayo - Raymond James Damon DelMonte - KBW Adam Kroll - Piper Sandler Operator Good morning, and welcome to the Mercantile Bank Corporation 2025 first quarter earnings results conference call. [Operator instructions].
Read More
Mercantile Bank (MBWM) Reports Q1 Earnings: What Key Metrics Have to Say
Published: April 22, 2025 by: Zacks Investment Research
Sentiment: Neutral
While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Read More
Mercantile Bank Corporation Announces Strong First Quarter 2025 Results
Published: April 22, 2025 by: PRNewsWire
Sentiment: Neutral
Growth in net interest income, notable increases in certain noninterest income categories, sustained strength in asset quality metrics, and continuing solid capital position highlight the quarter GRAND RAPIDS, Mich. , April 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $19.5 million, or $1.21 per diluted share, for the first quarter of 2025, compared with net income of $21.6 million, or $1.34 per diluted share, for the first quarter of 2024.
Read More
Mercantile Bank Corporation Declares Regular Cash Dividend
Published: April 22, 2025 by: PRNewsWire
Sentiment: Neutral
Board declares $0.37 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.6 percent GRAND RAPIDS, Mich. , April 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 17, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.37 per common share, payable on June 18, 2025, to holders of record as of June 6, 2025.
Read More
31 Upcoming Dividend Increases, Including 3 Kings
Published: February 27, 2025 by: Seeking Alpha
Sentiment: Positive
This week sees 31 dividend increases, including three Dividend Kings: Genuine Parts, Commerce Bancshares, and Kimberly-Clark, showcasing impressive financial stability and growth. My investment strategy prioritizes companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation and portfolio prosperity. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth.
Read More
About Mercantile Bank Corporation (MBWM)
- IPO Date 1999-07-20
- Website https://www.mercbank.com
- Industry Banks - Regional
- CEO Mr. Raymond E. Reitsma
- Employees 662