Mercantile Bank Corporation (MBWM) Q2 2026 Earnings Call Transcript
Mercantile Bank Corporation (MBWM) Q2 2026 Earnings Call Transcript
MBWM - Mercantile Bank Corporation
Price:
--
--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$63.50
DETAILS
HIGH:
$65.00
LOW:
$62.00
MEDIAN:
$63.50
CONSENSUS:
$63.50
UPSIDE:
6.24%
Stock News
Mercantile Bank Q2 Earnings Call Highlights
Mercantile Bank NASDAQ: MBWM reported higher second-quarter earnings and said its year-end 2025 acquisition of Eastern Michigan contributed to stronger deposits, improved liquidity and a stable net interest margin.
Compared to Estimates, Mercantile Bank (MBWM) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Mercantile Bank (MBWM) Surpasses Q2 Earnings Estimates
Mercantile Bank (MBWM) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.39 per share a year ago.
Mercantile Bank Corporation Announces Strong Second Quarter 2026 Results
Net interest income expansion, strong commercial loan growth, and sustained strength in asset quality metrics and capital levels highlight the quarter GRAND RAPIDS, Mich., July 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $25.9 million, or $1.50 per diluted share, for the second quarter of 2026, compared with net income of $22.6 million, or $1.39 per diluted share, for the second quarter of 2025.
Mercantile Bank Corporation Increases Regular Cash Dividend
Board of Directors declares $0.40 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 2.8% percent GRAND RAPIDS, Mich., July 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on July 16, 2026, its Board of Directors declared a regular quarterly cash dividend of $0.40 per common share, payable on September 16, 2026, to holders of record as of September 4, 2026.
Earnings Preview: Mercantile Bank (MBWM) Q2 Earnings Expected to Decline
Mercantile Bank (MBWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mercantile Bank Corporation Announces Second Quarter 2026 Results Conference Call and Webcast
GRAND RAPIDS, Mich., June 30, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.
Mercantile Bank Corporation (MBWM) Shareholder/Analyst Call Prepared Remarks Transcript
Mercantile Bank Corporation (MBWM) Shareholder/Analyst Call Prepared Remarks Transcript
Analysts Set Mercantile Bank Corporation (NASDAQ:MBWM) Price Target at $56.20
Shares of Mercantile Bank Corporation (NASDAQ: MBWM - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12
Mercantile Bank Corporation (MBWM) Q1 2026 Earnings Call Transcript
Mercantile Bank Corporation (MBWM) Q1 2026 Earnings Call Transcript
Mercantile Bank (MBWM) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Mercantile Bank (MBWM) Q1 Earnings and Revenues Beat Estimates
Mercantile Bank (MBWM) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.21 per share a year ago.
Mercantile Bank Corporation Announces Solid First Quarter 2026 Results
Growth in net interest income and key fee income categories with ongoing strength in asset quality measures and capital levels highlight the quarter GRAND RAPIDS, Mich., April 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $22.7 million, or $1.32 per diluted share, for the first quarter of 2026, compared with net income of $19.5 million, or $1.21 per diluted share, for the respective prior-year period.
Mercantile Bank Corporation Declares Regular Cash Dividend
Board of Directors declares $0.39 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 2.9% percent GRAND RAPIDS, Mich., April 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 16, 2026, its Board of Directors declared a regular quarterly cash dividend of $0.39 per common share, payable on June 17, 2026, to holders of record as of June 5, 2026.
Mercantile Bank (NASDAQ:MBWM) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?
Shares of Mercantile Bank Corporation (NASDAQ: MBWM - Get Free Report) crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $48.63 and traded as high as $52.07. Mercantile Bank shares last traded at $51.53, with a volume of 121,375 shares traded. Analysts Set New Price Targets
Mercantile Bank Corporation Announces First Quarter 2026 Results Conference Call and Webcast
GRAND RAPIDS, Mich., March 31, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.
Brokerages Set Mercantile Bank Corporation (NASDAQ:MBWM) Target Price at $56.20
Shares of Mercantile Bank Corporation (NASDAQ: MBWM - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the seven analysts that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month
Mercantile Bank Corporation Named Crain's Grand Rapids Business M&A Deal of the Year in Finance and Banking
GRAND RAPIDS, Mich., March 17, 2026 /PRNewswire/ -- Mercantile Bank Corporation ("Mercantile") has been recognized by Crain's Grand Rapids Business with a 2026 M&A Award for Deal of the Year in the Finance and Banking category.
This is Why Mercantile Bank (MBWM) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Mercantile Bank (MBWM) have what it takes?
Price Targets
Mercantile Bank price target raised to $65 from $60 at Piper Sandler
$65.00
(was $59.68)
Piper Sandler
Mercantile Bank downgraded to Market Perform from Outperform at Hovde Group
$62.00
(was $59.68)
Brendan Nosal
·
Hovde Group
Mercantile Bank price target raised to $60 from $57 at Piper Sandler
$60.00
(was $56.27)
Nathan Race
·
Piper Sandler
Mercantile Bank price target raised to $57 from $55.50 at Piper Sandler
$57.00
(was $50.63)
Piper Sandler
Mercantile Bank Corporation (MBWM) PT Raised to $57 at Raymond James
$57.00
(was $50.63)
Daniel Tamayo
·
Raymond James
Mercantile Bank price target raised to $55.50 from $55 at Piper Sandler
$55.50
(was $48.75)
Piper Sandler
Mercantile Bank price target raised to $54 from $52 at Raymond James
$54.00
(was $48.76)
Daniel Tamayo
·
Raymond James
Mercantile Bank price target lowered to $52 from $55 at Raymond James
$52.00
(was $44.91)
Raymond James