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StockNews.com assumed coverage on shares of Mercantile Bank (NASDAQ:MBWM – Free Report) in a research note released on Thursday. The firm issued a hold rating on the financial services provider’s stock. Mercantile Bank Trading Up 0.7 % NASDAQ:MBWM traded up $0.24 during mid-day trading on Thursday, reaching $33.99. 79,502 shares of the company’s stock traded […]
Victory Capital Management Inc. reduced its position in Mercantile Bank Co. (NASDAQ:MBWM – Free Report) by 4.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 33,500 shares of the financial services provider’s stock after selling 1,727 shares during the quarter. Victory Capital Management Inc.’s holdings in Mercantile […]
Mercantile Bank Co. (NASDAQ:MBWM – Get Free Report) Director Michael H. Price sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 26th. The shares were sold at an average price of $34.29, for a total transaction of $137,160.00. Following the sale, the director now owns 30,080 shares in the […]
Mercantile Bank Co. (NASDAQ:MBWM – Get Free Report) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totalling 92,100 shares, a drop of 8.5% from the June 15th total of 100,700 shares. Based on an average daily volume of 37,800 shares, […]
Mercantile Bank (NASDAQ:MBWM – Get Free Report) released its earnings results on Tuesday. The financial services provider reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.16, MarketWatch Earnings reports. The company had revenue of $73.56 million for the quarter, compared to the consensus estimate of $52.43 million. Mercantile […]