Mercantile Bank Corporation Announces Robust Third Quarter 2023 Results [Yahoo! Finance]
Mercantile Bank Corporation (MBWM)
Last mercantile bank corporation earnings: 4/21 06:01 am
Check Earnings Report
US:NASDAQ Investor Relations:
mercbank.com/about
Company Research
Source: Yahoo! Finance
Mercantile Bank Corporation also announces newly appointed members to Corporate and Bank Boards of Directors GRAND RAPIDS, Mich., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $20.9 million, or $1.30 per diluted share, for the third quarter of 2023, compared with net income of $16.0 million, or $1.01 per diluted share, for the respective prior-year period. Net income during the first nine months of 2023 totaled $62.2 million, or $3.89 per diluted share, compared with net income of $39.3 million, or $2.48 per diluted share, during the first nine months of 2022. “We are very pleased with our third quarter financial results, especially when considering the challenging operating conditions and uncertain economic environment that we continued to face,” said Robert B. Kaminski, Jr., President and Chief Executive Officer of Mercantile. “Our strong operating results were propelled by enhanced net interest income, which
Show less
Read more
Impact Snapshot
Event Time:
MBWM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MBWM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MBWM alerts
High impacting Mercantile Bank Corporation news events
Weekly update
A roundup of the hottest topics
MBWM
News
- Mercantile Bank (NASDAQ:MBWM) had its price target raised by analysts at Hovde Group from $53.00 to $56.00. They now have an "outperform" rating on the stock.MarketBeat
- Federal Reserve Bank of Chicago approves Mercantile Bank-Eastern merger [Yahoo! Finance]Yahoo! Finance
- Mercantile Bank Corporation and Eastern Michigan Financial Corporation Announce Receipt of All Required Regulatory Approvals for Pending MergerPR Newswire
- Mercantile Bank (NASDAQ:MBWM) had its "buy (b)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Mercantile Bank (NASDAQ:MBWM) was given a new $52.00 price target on by analysts at Raymond James Financial, Inc..MarketBeat
MBWM
Earnings
- 10/21/25 - Beat
MBWM
Sec Filings
- 12/19/25 - Form 8-K
- 12/17/25 - Form 8-K
- 11/17/25 - Form 4
- MBWM's page on the SEC website