Mercantile Bank (MBWM) Raises Quarterly Dividend 5.9% to $0.18; 2% Yield

Go back to Mercantile Bank (MBWM) Raises Quarterly Dividend 5.9% to $0.18; 2% Yield

Raymond James Downgrades Mercantile Bank Corporation (MBWM) to Market Perform

January 18, 2017 6:29 AM EST

Raymond James downgraded Mercantile Bank Corporation (NASDAQ: MBWM) from Outperform to Market Perform and removed its price target (prior $38.00).

For an analyst ratings summary and ratings history on Mercantile Bank Corporation click here.... More

Mercantile Bank (MBWM) Tops Q4 EPS by 3c

January 17, 2017 6:04 AM EST

Mercantile Bank (NASDAQ: MBWM) reported Q4 EPS of $0.49, $0.03 better than the analyst estimate of $0.46.

The fourth quarter and year were highlighted by:

Strong core earnings and capital positionStable and robust net interest marginStrong fee income growthReduced overhead... More