Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Mercantile Bank Corporation Announces Strong Second Quarter 2022 Results

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: PR Newswire
Robust loan growth, continuing strength in asset quality metrics, and significant increases in several key fee income categories highlight quarterGRAND RAPIDS, Mich., July 19, 2022 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $11.7 million, or $0.74 per diluted share, for the second quarter of 2022, compared with net income of $18.1 million, or $1.12 per diluted share, for the respective prior-year period.  Net income during the first six months of 2022 totaled $23.2 million, or $1.47 per diluted share, compared to $32.3 million, or $2.00 per diluted share, during the first six months of 2021."We are pleased to report another quarter of solid operating performance," said Robert B. Kaminski, Jr., President and Chief Executive Officer of Mercantile.  "The substantial growth in core commercial loans and residential mortgage loans and sustained strength in asset quality metrics during the first six months of 2022 exhibit our ongoing focu 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
Opt-in for MBWM alerts
Opt-in for
MBWM alerts

from News Quantified
Opt-in for
MBWM alerts

from News Quantified