Mercantile Bank Corporation
(NASDAQ:MBWM)
$37.59
0.25 (0.67%)
Open: 1:50 PM
MBWM Stock Price Graph
- 1D
- 5D
- 1M
- 3M
- 6M
- 1Y
- YTD
- All
MBWM Stock Price Today
Mercantile Bank Corporation (MBWM) stock rallied over 2.82% intraday to trade at $37.59 a share on NASDAQ. The stock opened with a loss of -12.37% at $32.72 and touched an intraday high of $32.72, rising 0.67% against the last close of $37.34. The Mercantile Bank Corporation in stock market went to a low of $30.59 during the session.
MBWM Stock Snapshot
$37.34
Prev. Close
602.19 Million
Market Cap
$30.59
Day Low
$32.72
Open
N/A
Number of Shares
$32.72
Day High
7.15
P/E ratio
5.26
EPS (TTM)
18.79
Cash Flow per Share
N/A
Free Float in %
30.16
Book Value
28439.00
Volume
MBWM Stock Price History Chart
| Date | Open | High | Low | Close | Volume |
|---|
Contact Details
Company Information
EmployeesN/A
Beta1.02
Sales or Revenue$217.4 Million
5Y Sales Change8.07%
Fiscal Year EndsDec. 2022
SectorFinancial Services
IndustryBanks—Regional
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.
Peers
Frequently Asked Questions
What is the current Mercantile Bank Corporation (MBWM) stock price?
Mercantile Bank Corporation (NASDAQ: MBWM) stock price is $37.59 in the last trading session. During the trading session, MBWM stock reached the peak price of $32.72 while $30.59 was the lowest point it dropped to. The percentage change in MBWM stock occurred in the recent session was 2.82% while the dollar amount for the price change in MBWM stock was $1.03.
MBWM's industry and sector of operation?
The NASDAQ listed MBWM is part of Banks—Regional industry that operates in the broader Financial Services sector. 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.
Who are the executives of MBWM?
Mr. Raymond E. Reitsma
Executive Vice President & Chief Operating Officer
Mr. Brett Hoover
Human Resource Director & Senior Vice President
Mr. Charles E. Christmas
Executive Vice President, Chief Financial Officer & Treasurer
Mr. Robert T. Worthington
Senior Vice President, Chief Risk Officer, Gen. Counsel & Sec.
How MBWM did perform over past 52-week?
MBWM's closing price is 0.02% higher than its 52-week low of $23.89 where as its distance from 52-week high of $37 is -0.37%.
How many employees does MBWM have?
Number of MBWM employees currently stands at N/A. MBWM operates from 310 Leonard Street NW, Grand Rapids, MI 49504, US.
Link for MBWM official website?
Official Website of MBWM is: https://www.mercbank.com
How do I contact MBWM?
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, US.
How many shares of MBWM are traded daily?
MBWM stock volume for the day was 28439.00 shares. The average number of MBWM shares traded daily for last 3 months was 33.61 Thousands.
What is the market cap of MBWM currently?
The market value of MBWM currently stands at $602.19 Million with its latest stock price at $37.59 and N/A of its shares outstanding.