Mercantile Bank (MBWM) Raises Quarterly Dividend 9.1% to $0.24; 2.6% Yield

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Mercantile Bank (MBWM) Misses Q2 EPS by 1c, Slight Miss on Revenues

July 17, 2018 6:07 AM EDT

Mercantile Bank (NASDAQ: MBWM) reported Q2 EPS of $0.57, $0.01 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $33.8 million versus the consensus estimate of $33.9 million.

"We are pleased to report another quarter of sound financial performance, continuing the momentum... More