MBWM closed green above support zone, long opportunityMBWM closed above the support zone, so it may be worth it thinking about a long swing-trade.
Possible SL@$19.09
Possible TP@$23.11
No investment advice.
Next report date
Report period
Q2 2024
EPS estimate
1.08EUR
Revenue estimate
52.23 MEUR
4.8EUR
74.49 MEUR
274.98 MEUR
15.58 M
About Mercantile Bank Corporation
Sector
Industry
CEO
Robert B. Kaminski
Website
Headquarters
Grand Rapids
Employees (FY)
631
Founded
1997
FIGI
BBG000D7RMR2
Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. It offers checking and savings accounts, credit and debit cards, mobile and Internet banking, business loans, mobile wallet, health savings account, and treasury management services. The company was founded on July 15, 1997 and is headquartered in Grand Rapids, MI.
Incredibly overbought in a market downtrend. After Mercantile's earnings call shares soared against the trend of the overall market. As the market progressed today the lone stocks that soared (i.e EBAY, MWBM, EDU) failed to keep bulls excited and dipped soon after news hit. We see a similar pattern with MWBM. If the market continues to sell of
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Frequently Asked Questions
The current price of MCS is 35.2 EUR — it has increased by 1.73% in the past 24 hours. Watch MERCANTILE BANK CORP. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on FWB exchange MERCANTILE BANK CORP. stocks are traded under the ticker MCS.
MERCANTILE BANK CORP. is going to release the next earnings report on Jul 16, 2024. Keep track of upcoming events with our Earnings Calendar.
MCS stock is 1.70% volatile and has beta coefficient of 0.95. Track MERCANTILE BANK CORP. stock price on the chart and check out the list of the most volatile stocks — is MERCANTILE BANK CORP. there?
MCS earnings for the last quarter are 1.13 EUR per share, whereas the estimation was 1.12 EUR resulting in a 1.01% surprise. The estimated earnings for the next quarter are 1.06 EUR per share. See more details about MERCANTILE BANK CORP. earnings.
MERCANTILE BANK CORP. revenue for the last quarter amounts to 51.64 M EUR despite the estimated figure of 50.84 M EUR. In the next quarter revenue is expected to reach 51.32 M EUR.
Yes, you can track MERCANTILE BANK CORP. financials in yearly and quarterly reports right on TradingView.
MCS stock has risen by 4.14% compared to the previous week, the month change is a 4.14% rise, over the last year MERCANTILE BANK CORP. has showed a 54.39% increase.
MCS net income for the last quarter is 19.98 M EUR, while the quarter before that showed 18.15 M EUR of net income which accounts for 10.12% change. Track more MERCANTILE BANK CORP. financial stats to get the full picture.
Today MERCANTILE BANK CORP. has the market capitalization of 578.19 M, it has increased by 6.28% over the last week.
Yes, MCS dividends are paid quarterly. The last dividend per share was 0.32 EUR. As of today, Dividend Yield (TTM)% is 3.54%. Tracking MERCANTILE BANK CORP. dividends might help you take more informed decisions.
MERCANTILE BANK CORP. dividend yield was 3.32% in 2023, and payout ratio reached 26.10%. The year before the numbers were 3.76% and 32.73% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, MCS shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MERCANTILE BANK CORP. stock right from TradingView charts — choose your broker and connect to your account.
As of May 5, 2024, the company has 631.00 employees. See our rating of the largest employees — is MERCANTILE BANK CORP. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MERCANTILE BANK CORP. technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MERCANTILE BANK CORP. stock shows the buy signal. See more of MERCANTILE BANK CORP. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on MERCANTILE BANK CORP. future price: according to them, MCS price has a max estimate of 44.27 EUR and a min estimate of 34.85 EUR. Watch MCS chart and read a more detailed MERCANTILE BANK CORP. stock forecast: see what analysts think of MERCANTILE BANK CORP. and suggest that you do with its stocks.