MBWM Stock Price History and Quote Analysis Insights for Investors
Mercantile Bank Corporation
Stock Price Today
Mercantile Bank Corporation (MBWM) stock surged +1.73%, trading at $50.85 on NASDAQ, up from the previous close of $49.99. The stock opened at $49.81, fluctuating between $49.81 and $51.00 in the recent session.
Stock Snapshot
Stock Price History Chart
Contact Details
About Company
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. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner-occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, it provides courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 22 automated teller machines and 19 video banking machines. As of January 18, 2022, the company operated 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Company Information
| Employees | 653 |
| Beta | 0.97 |
| Sales or Revenue | $303.50M |
| 5Y Sales Change% | 0.624% |
| Fiscal Year Ends | December |
| Sector | Financial Services |
| Industry | Banks - Regional |
Frequently Asked Questions
Mercantile Bank Corporation (NASDAQ: MBWM) stock price is $50.85 in the last trading session. During the trading session, MBWM stock reached the peak price of $51.00 while $49.81 was the lowest point it dropped to. The percentage change in MBWM stock occurred in the recent session was 1.73% while the dollar amount for the price change in MBWM stock was $0.87.
The NASDAQ listed MBWM is part of Banks - Regional industry that operates in the broader Financial Services sector. Mercantile Bank Corporation designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. Brett Hoover
Human Resource Director & Senior Vice President
Mr. Robert B. Kaminski Jr.
Pres, Chief Executive Officer & Director
Mr. Charles E. Christmas
Executive Vice President, Chief Financial Officer & Treasurer
Mr. Raymond E. Reitsma
Executive Vice President & Chief Operating Officer
Mr. Robert T. Worthington
Senior Vice President, Chief Risk Officer, Gen. Counsel & Sec.
Mr. Brett E. Hoover
Senior Vice President & HR Director
Mr. Mark S. Augustyn
Senior Vice President & Chief Lending Officer of Mercantile Bank of Michigan
Mr. Jeff Kaiser
Senior Vice President & Head of Risk Management Department
MBWM's closing price is 51.97% higher than its 52-week low of $33.46 where as its distance from 52-week high of $52.98 is -4.02%.
Number of MBWM employees currently stands at 653.
Official Website of MBWM is: https://www.mercbank.com
MBWM could be contacted at phone 616 406 3000 and can also be accessed through its website. MBWM operates from 310 Leonard Street NW, Grand Rapids, MI 49504, United States.
MBWM stock volume for the day was 49.18K shares. The average number of MBWM shares traded daily for last 3 months was 60.76K.
The market value of MBWM currently stands at $820.82M with its latest stock price at $50.85 and 16.14M of its shares outstanding.
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