Mercantile Bank Corporation

    Jurisdiction
    United States
    LEI
    P16VZZCKTJ5IONL6XE37
    ISIN
    US5873761044 (MBWM)
    Sectors
    1. Financial Services
    2. Banks - Regional

    Scores

    Fair value (Benjamin Graham formula)
    €67.68 76.3% undervalued
    Financial strength (Piotroski F-Value)
    3 / 9
    Fundamental strength relative to industry (Mohanram G-Value)
    2 / 7

    Profile

    Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. Read full profile

    Fundamentals

    Net revenue
    €296.86M
    Gross margin
    32.7%
    EBIT
    €40.76M
    EBIT margin
    13.7%
    Net income
    €69.43M
    Net margin
    23.4%

    Statement period: - (published )

    Estimates

    Fiscal Year Net revenue Net income
    €230.69M -22.3% €79.35M +14.3%
    €232.77M +0.9% €80.19M +1.1%
    N/A N/A

    Stock price

    Stock price loading... No stock price available Stock price provided by Lang & Schwarz Steigende Zinsen und niedrigere Bewertungen für Wachstumsaktien im Allgemeinen Eine Gewinnwarnung beim Konkurrenten Adyen signalisiert eine Abkühlung des europäischen Markts für Zahlungsdienstleistungen. Eine Gewinnwarnung von Wordline SA triggert einen massiven Kursverlust.

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    Dividends

    Last dividend amount
    $0.38
    Ex date
    Payment date
    Dividend payout ratio
    28.5%

    Analyst ratings

    No analyst ratings available

    Insider Transactions

    Name Title Transaction Date Shares Price Value
    RAMAKER DAVID B N/A +1.5K $46.71 +$70.07K
    Williams Shoran R N/A +200 $47.29 +$9.46K

    Earnings Calls

    Investor transactions

    Name Shares Value Last change Change type
    Peter Brown 508K $22.08M -2.4K Sell

    Earnings Calls

    Latest earnings call: July 16, 2024 (Q2 2024)

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