Mercantile Bank Corporation (MBWM) Stock Analysis | Value Investing in Seconds

MBWM Mercantile Bank Corporation

Exchange

NASDAQ

Sector

Finance

Industry

Major Banks

Market Cap.

152.3M

Current Price

$17.49

+0.01 (+0.06%)

Company Metrics

11.50 P/E
2.59 P/S
1.02 P/B
1.52 EPS
0.19 / 1.09 % Dividend
13,252.00 Avg. Vol.
8.71M Shares
152.3M Market Cap.

Company Description

Mercantile Bank Corporation operates as the holding company for Mercantile Bank of Michigan that provides commercial and retail banking products and services primarily to small-to medium-sized businesses and individuals. The company primarily engages in generating deposits and originating loans. Its deposit products include checking accounts, savings accounts, time deposits, demand deposits, money...
more

Download 10 Years of Financial Statements:
Income Statement Balance Sheet Cash Flow

News

PACIFIC MERCANTILE BANCORP : Pacific Mercantile Bank's Ex-Im Department ...
4-traders (press release) - Jun 6, 2013

COSTA MESA, Calif., June 6, 2013 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq:PMBC). Pacific Mercantile Bank ("PMB") announced that Webber EMI, a PMB Export-Import ("Ex-Im") Department client, was recently presented the U.S.

How PNC Is Dividing and Conquering Banking
Motley Fool - 1 hour ago

In 2007 alone, PNC bought Sterling Financial Corp, Mercantile Bancshares, ARCS Commercial Mortgage, and Yardville National Bancorp. Mercantile Bancshares added 240 offices throughout the mid-Atlantic, particularly in the D.C. Metro area. Yardville ...

Banks' Vendor Relationships Come Under Closer Scrutiny
American Banker (subscription) - 7 hours ago

Mercantile Bank, of Grand Rapids, Mich., has made minor modifications to its vendor management program in recent years due to changes in its risk management approach and regulatory guidance.

Commodities markets summary
The Australian - 3 hours ago

Gold prices fell to a four-week low in after-market trade after Federal Reserve chairman Ben Bernanke sketched a possible time line for ending the central bank's bond-buying program. Bernanke said that if the economy stayed on track, the Fed would ...

Oil drops as traders eschew risk after Fed meeting
Investing.com - 34 minutes ago

On the New York Mercantile Exchange, light, sweet crude futures for August delivery fell 0.83% to USD97.66 per barrel in Asian trading Thursday after settling down 0.15% at USD98.52 a barrel on Wednesday in the U.S.

Oil falls as Fed's brighter outlook signals a possible unwinding of stimulus - Edmonton Journal
Oil climbs on Syria tensions, ahead of supplies - MarketWatch

Stocks slump on Fed stance
The Age - 3 hours ago

The falls follow comments from Fed chairman Ben Bernanke that the US central bank could begin winding back its $US85 billion-a-month bond-buying program some time later this year and bring the operation to a close by mid-2014.

Asian Markets Mixed Amid Cautious Trades - NASDAQ
Aussie shares claw back heavy early loss - Sydney Morning Herald

Closing Bell: Stocks tumble, traders fret over tapering of stimulus
Financial Post - 3 hours ago

But uncertainty over whether the Fed feels economic conditions are appropriate for such easing, along with questions about how much the bank might cut back, have resulted in volatility where daily, triple-digit moves have become almost routine ...

TSX lower as Fed issues statement on economy - CP24 Toronto's Breaking News
At the open: TSX dips ahead of Federal Reserve policy statement - Globe and Mail

WTI Crude Drops a Second Day on Rising Stockpiles, Fed Easing
Bloomberg - 1 hour ago

West Texas Intermediate crude fell for a second day after U.S. stockpiles unexpectedly rose and Federal Reserve Chairman Ben S. Bernanke said the central bank may start reducing bond purchases later this year. Futures slipped as much as 0.5 percent in ...

MARKET SNAPSHOT: U.S. Stocks Sink, Yields Rise After Fed Move - 4-traders (press release)
Crude Falls as Bernanke Says Fed on Course to End Asset Buying - Businessweek

Gold plunges as Fed sees stimulus end in 2014
Investing.com - 59 minutes ago

On the Comex division of the New York Mercantile Exchange, gold futures for August delivery tumbled 2.53% to USD1,339.25 per troy ounce in Asian trading Thursday after settling up 0.49% at USD1,373.65 a troy ounce in U.S.

Gold Prices Waver as Traders Watch Bernanke Press Conference - Wall Street Journal
Gold ends higher ahead of Fed announcement - MarketWatch (blog)

At noon: Stocks edge lower ahead of Fed
Globe and Mail - 8 hours ago

But uncertainty over whether the Fed feels economic conditions are appropriate for such easing, along with questions about how much the bank might cut back, has resulted in volatility where daily, triple-digit moves have become almost routine. The bond ...