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Keefe, Bruyette & Woods restated their outperform rating on shares of Mercantile Bank (NASDAQ:MBWM – Free Report) in a report published on Wednesday morning, Benzinga reports. Keefe, Bruyette & Woods currently has a $47.00 target price on the financial services provider’s stock. Other analysts have also issued research reports about the stock. Janney Montgomery Scott […]
Mercantile Bank Co. (NASDAQ:MBWM – Get Free Report) rose 3.9% during mid-day trading on Friday . The stock traded as high as $36.00 and last traded at $35.88. Approximately 43,792 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 77,200 shares. The stock had previously closed at $34.53. […]
LaFleur & Godfrey LLC cut its stake in Mercantile Bank Co. (NASDAQ:MBWM – Free Report) by 1.3% during the fourth quarter, HoldingsChannel reports. The fund owned 37,177 shares of the financial services provider’s stock after selling 477 shares during the quarter. LaFleur & Godfrey LLC’s holdings in Mercantile Bank were worth $1,501,000 as of its […]
Mercantile Bank (NASDAQ:MBWM – Get Free Report) and Bank of Nova Scotia (NYSE:BNS – Get Free Report) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, institutional ownership, dividends, analyst recommendations, profitability, valuation and risk. Dividends Mercantile Bank pays an annual […]
Mercantile Bank (NASDAQ:MBWM – Get Free Report) released its earnings results on Tuesday. The financial services provider reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.03, MarketWatch Earnings reports. The business had revenue of $56.95 million for the quarter, compared to the consensus estimate of $56.00 million. Mercantile […]