Mercantile Bank (MBWM) Soars 5.7%: Is Further Upside Left in the Stock? [Yahoo! Finance]
Mercantile Bank Corporation (MBWM)
Last mercantile bank corporation earnings: 4/21 06:01 am
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US:NASDAQ Investor Relations:
mercbank.com/about
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Source: Yahoo! Finance
This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 7.6% loss over the past four weeks. After getting hammered because of industry-wide concern related to commercial real estate (CRE) loans, shares of Mercantile Bank reversed the trend. With the company having manageable exposure to CRE loans, investors seem to be regained confidence in the stock/ This, along with the central bank's signal of interest rate cuts this year, turned investor sentiments bullish on the MBWM stock. This holding company for Mercantile Bank of Michigan is expected to post quarterly earnings of $1.14 per share in its upcoming report, which represents a year-over-year change of -13%. Revenues are expected to be $55.2 million, down 0.3% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlat
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News
- Mercantile Bank Corporation (NASDAQ:MBWM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Mercantile Bank (MBWM) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Mercantile Bank Corporation Announces Robust First Quarter Results [Yahoo! Finance]Yahoo! Finance
- Mercantile Bank Corporation Announces Robust First Quarter ResultsPR Newswire
- Mercantile Bank Corporation Declares Regular Cash DividendPR Newswire
MBWM
Earnings
- 4/16/24 - Beat
MBWM
Sec Filings
- 4/16/24 - Form 8-K
- 4/8/24 - Form ARS
- 4/4/24 - Form DEF
- MBWM's page on the SEC website