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Mercantile Bank

59.50

+0.60001.02%

Post-market: 59.500.00000.00%19:30 EDT

Volume:107.33K

Turnover:6.38M

Market Cap:1.03B

PE:10.47

High:60.05

Open:59.34

Low:58.99

Close:58.90

52wk High:62.95

52wk Low:42.75

Shares:17.27M

Float Shares:16.74M

Volume Ratio:0.92

T/O Rate:0.64%

Dividend:1.54

Dividend Rate:2.59%

EPS(TTM):5.68

EPS(LYR):5.47

ROE:13.73%

ROA:1.46%

PB:1.36

PE(LYR):10.89

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Overview Company News Filings

Mercantile Bank Corp - Declares Qtrly Cash Dividend of $0.40 Per Share with Approx 2.8% Annual Yield

THOMSON REUTERS

Mercantile Bank Corporation Increases Regular Cash Dividend

THOMSON REUTERS

Is Mercantile Bank (MBWM) Undervalued On Its Digital Transformation Narrative?

Simply Wall St.

Mercantile Bank Corp Expected to Post Earnings of $1.32 a Share - Earnings Preview

Tamilnad Mercantile Bank Secures Partial Relief in FEMA Penalty Case

MT Newswires Live

Press Release: Mercantile Community Partners Reaches 500 Affordable Housing Units Financed Across Michigan

Tamilnad Mercantile Bank Sets Investor Call on Q1 FY27 Unaudited Results

Does Mercantile Bank’s (MBWM) Index Exit Quietly Reshape Its Long‑Term Investor Base and Story?

Simply Wall St.

Mercantile Bank Schedules Second-quarter 2026 Results Conference Call, Webcast

Mercantile Bank is Maintained at Neutral by Piper Sandler

Mercantile Bank price target raised to $60 from $57 at Piper Sandler

Mercantile Bank Shareholders Reaffirm Board and Governance Direction

Mercantile Bank shareholders elect 12 directors at annual meeting

Tamilnad Mercantile Bank to Open New Branch in Kerala, India

MT Newswires Live

Mercantile Bank Q1 net income rises 16.4% to $22.7 million

Tamilnad Mercantile Bank's Net Profit Climbs in Fiscal Q4; Shares Up 12%

MT Newswires Live

Mercantile Bank Corp : Stephens Raises Target Price to $59 From $54

THOMSON REUTERS

Mercantile Bank price target raised to $60 from $57 at Keefe Bruyette

Mercantile Bank Signals Constructive Outlook After Earnings Call

Mercantile Bank Posts Strong First-Quarter 2026 Earnings Growth

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Bank Corporation Increases Regular Cash Dividend","url":"https://stock-news.laohu8.com/highlight/detail?id=2653788102","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2653788102?lang=en_us&edition=fundamental","pubTime":"2026-07-21 17:00","pubTimestamp":1784624401,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260721:nTUA2P3XSM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4211","MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2652218080","title":"Is Mercantile Bank (MBWM) Undervalued On Its Digital Transformation Narrative?","url":"https://stock-news.laohu8.com/highlight/detail?id=2652218080","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2652218080?lang=en_us&edition=fundamental","pubTime":"2026-07-20 19:20","pubTimestamp":1784546440,"startTime":"0","endTime":"0","summary":"Mercantile Bank (MBWM) is back in focus after a recent move in its share price, prompting investors to reassess what the current valuation implies for this US regional lender’s longer term prospects.\nSee our latest analysis for Mercantile Bank.\nAt a share price of $57.80, Mercantile Bank has given investors a 21.40% year to date share price return and a 22.27% 1 year total shareholder return. The strong 3 year and 5 year total shareholder returns of 88.39% and 120.56% suggest momentum has...","market":"sg","thumbnail":"https://images.simplywall.st/asset/industry/7013000-choice1-main-header/1585186561056","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/7013000-choice1-main-header/1585186561056"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/banks/nasdaq-mbwm/mercantile-bank/news/is-mercantile-bank-mbwm-undervalued-on-its-digital-transform","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/banks/nasdaq-mbwm/mercantile-bank/news/is-mercantile-bank-mbwm-undervalued-on-its-digital-transform","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK4211","MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2652283512","title":"Mercantile Bank Corp Expected to Post Earnings of $1.32 a Share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2652283512","media":"Reuters","labels":["preview"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2652283512?lang=en_us&edition=fundamental","pubTime":"2026-07-17 20:37","pubTimestamp":1784291840,"startTime":"0","endTime":"0","summary":"Mercantile Bank Corpexpected to post earnings of $1.32 a share - Earnings PreviewMercantile Bank CorpMBWM.OQMBWM.Ois expected to  show a rise in quarterly revenue when it reports  results on July 21 f","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260717:nL8N43J0Z9:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"preview","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4211","MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2652403795","title":"Tamilnad Mercantile Bank Secures Partial Relief in FEMA Penalty Case","url":"https://stock-news.laohu8.com/highlight/detail?id=2652403795","media":"MT Newswires Live","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2652403795?lang=en_us&edition=fundamental","pubTime":"2026-07-17 16:10","pubTimestamp":1784275857,"startTime":"0","endTime":"0","summary":"Tamilnad Mercantile Bank  said the Appellate Tribunal under SAFEMA, New Delhi has reduced the penalty imposed on the bank in a Foreign Exchange Management Act  contravention case to 34 million Indian rupees from 170 million rupees.A penalty was handed down by the Directorate of Enforcement in 2020 concerning alleged irregularities in recording share transfers. The bank and its former directors and company secretaries had challenged the order before the tribunal.Tamilnad Mercantile Bank said it had already deposited the original penalty amount of 170 million rupees while filing the appeal. The bank is now eligible for a refund of 136 million rupees and is reviewing the tribunal's order before taking further action.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4211","MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2651101951","title":"Press Release: Mercantile Community Partners Reaches 500 Affordable Housing Units Financed Across Michigan","url":"https://stock-news.laohu8.com/highlight/detail?id=2651101951","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2651101951?lang=en_us&edition=fundamental","pubTime":"2026-07-14 22:00","pubTimestamp":1784037600,"startTime":"0","endTime":"0","summary":"Mercantile Bank Corporation subsidiary marks major milestone in supporting affordable housing development through tax credit equity investments.Key Takeaways-- Mercantile Community Partners  has surpassed 500 affordable housing. units financed across Michigan through Low-Income Housing Tax Credit. -- The milestone was reached through MCP's investment in Flats on Bridge, a. -- In just three years, MCP has committed more than $131 million in equity","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4211","MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2651411009","title":"Tamilnad Mercantile Bank Sets Investor Call on Q1 FY27 Unaudited Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2651411009","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2651411009?lang=en_us&edition=fundamental","pubTime":"2026-07-13 22:44","pubTimestamp":1783953856,"startTime":"0","endTime":"0","summary":"Tamilnad Mercantile Bank Limited ( ($IN:TMB) ) just unveiled an announcement. Tamilnad Mercantile Bank Limited is an Indian private sector bank hea...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/tamilnad-mercantile-bank-sets-investor-call-on-q1-fy27-unaudited-results?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/tamilnad-mercantile-bank-sets-investor-call-on-q1-fy27-unaudited-results?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["TMB","BK4211","MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2648889684","title":"Does Mercantile Bank’s (MBWM) Index Exit Quietly Reshape Its Long‑Term Investor Base and Story?","url":"https://stock-news.laohu8.com/highlight/detail?id=2648889684","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2648889684?lang=en_us&edition=fundamental","pubTime":"2026-07-02 23:33","pubTimestamp":1783006383,"startTime":"0","endTime":"0","summary":"Mercantile Bank Corporation was recently removed from the Russell 2000 Dynamic Index, a shift that can alter how index-tracking funds and institutional investors hold the stock.\nThis index removal may prompt reassessment of the bank’s visibility and investor base just as it prepares to discuss its upcoming quarterly results.\nWith Mercantile Bank dropped from the Russell 2000 Dynamic Index, we’ll explore how this change could reshape the bank’s investment narrative.\nCapitalize on the AI...","market":"hk","thumbnail":"https://images.simplywall.st/asset/industry/7013000-choice1-main-header/1585186561056","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/7013000-choice1-main-header/1585186561056"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/banks/nasdaq-mbwm/mercantile-bank/news/does-mercantile-banks-mbwm-index-exit-quietly-reshape-its-lo","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/banks/nasdaq-mbwm/mercantile-bank/news/does-mercantile-banks-mbwm-index-exit-quietly-reshape-its-lo","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK4211","MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2647596595","title":"Mercantile Bank Schedules Second-quarter 2026 Results Conference Call, Webcast","url":"https://stock-news.laohu8.com/highlight/detail?id=2647596595","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2647596595?lang=en_us&edition=fundamental","pubTime":"2026-06-30 21:01","pubTimestamp":1782824503,"startTime":"0","endTime":"0","summary":"Mercantile Bank schedules second-quarter 2026 results conference call, webcastMercantile Bank sets a conference call, webcast for July 21, 2026 at 10 a.m. ET to discuss second-quarter 2026 results.Sec","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260630:nNDL4Pl46s:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MBWM","BK4211"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2646366994","title":"Mercantile Bank is Maintained at Neutral by Piper Sandler","url":"https://stock-news.laohu8.com/highlight/detail?id=2646366994","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2646366994?lang=en_us&edition=fundamental","pubTime":"2026-06-26 23:07","pubTimestamp":1782486420,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/MBWM/analyst-ratings(END) Dow Jones NewswiresJune 26, 2026 11:07 ET","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2646352647","title":"Mercantile Bank price target raised to $60 from $57 at Piper Sandler","url":"https://stock-news.laohu8.com/highlight/detail?id=2646352647","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2646352647?lang=en_us&edition=fundamental","pubTime":"2026-06-26 19:56","pubTimestamp":1782474984,"startTime":"0","endTime":"0","summary":"Piper Sandler analyst Nathan Race raised the firm’s price target on Mercantile Bank (MBWM) to $60 from $57 and keeps a Neutral rating on the shares...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/mercantile-bank-price-target-raised-to-60-from-57-at-piper-sandler-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/mercantile-bank-price-target-raised-to-60-from-57-at-piper-sandler-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2637575359","title":"Mercantile Bank Shareholders Reaffirm Board and Governance Direction","url":"https://stock-news.laohu8.com/highlight/detail?id=2637575359","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2637575359?lang=en_us&edition=fundamental","pubTime":"2026-05-22 02:52","pubTimestamp":1779389575,"startTime":"0","endTime":"0","summary":"Mercantile Bank ( ($MBWM) ) just unveiled an update. Mercantile Bank shareholders held their annual meeting on May 21, 2026, where they elected twe...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/mercantile-bank-shareholders-reaffirm-board-and-governance-direction?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/mercantile-bank-shareholders-reaffirm-board-and-governance-direction?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4211","MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2637356679","title":"Mercantile Bank shareholders elect 12 directors at annual meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2637356679","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2637356679?lang=en_us&edition=fundamental","pubTime":"2026-05-22 02:24","pubTimestamp":1779387878,"startTime":"0","endTime":"0","summary":"Mercantile Bank held its annual shareholder meeting on May 21, 2026.Plante & Moran, PLLC was ratified as independent registered public accounting firm for 2026.A non-binding advisory resolution on named executive officer pay passed.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mercantile Bank Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 21, 2026, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260521:nNDL6mfPTN:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4211","MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2636813241","title":"Tamilnad Mercantile Bank to Open New Branch in Kerala, India","url":"https://stock-news.laohu8.com/highlight/detail?id=2636813241","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2636813241?lang=en_us&edition=fundamental","pubTime":"2026-05-20 14:11","pubTimestamp":1779257501,"startTime":"0","endTime":"0","summary":"Tamilnad Mercantile Bank (NSE:TMB, BOM:543596) will open a new branch at Tirur in the Malapuram District of Kerala, India, on Thursday, according to a Wednesday filing to the Indian stock exchanges.The lender has scheduled the operational opening of the new location for Thursday, May 21.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["MBWM","MNDmain","BK4211"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2632560645","title":"Mercantile Bank Q1 net income rises 16.4% to $22.7 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2632560645","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2632560645?lang=en_us&edition=fundamental","pubTime":"2026-05-01 23:53","pubTimestamp":1777650803,"startTime":"0","endTime":"0","summary":"Mercantile Bank posted Q1 2026 net income of $22.7 million, up 16.4%, with diluted EPS of $1.32.Net interest income climbed 15.1% to $55.9 million, as net interest margin widened 8 basis points to 3.55%.Provision for credit losses swung to a negative $1.8 million from a positive provision, reflecting improvements to economic forecast.Noninterest income rose 34.3% to $11.7 million, while noninterest expense increased to $42.1 million.Eastern Michigan Bank results were included for first time following Dec. 31, 2025 acquisition, with consolidation into Mercantile Bank planned in Q1 2027 alongside core processing conversion.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mercantile Bank Corporation published the original content used to g","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260501:nNDL71kxyF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4211","MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2630366500","title":"Tamilnad Mercantile Bank's Net Profit Climbs in Fiscal Q4; Shares Up 12%","url":"https://stock-news.laohu8.com/highlight/detail?id=2630366500","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2630366500?lang=en_us&edition=fundamental","pubTime":"2026-04-27 16:38","pubTimestamp":1777279108,"startTime":"0","endTime":"0","summary":"Tamilnad Mercantile Bank's  net profit rose to 3.74 billion Indian rupees in the fiscal fourth quarter ended March 31 from 2.92 billion rupees a year ago.Earnings per share came in at 23.60 rupees from 18.44 rupees a year earlier, according to a Monday filing to the Indian stock exchanges.Interest earned by the lender in fiscal Q4 also increased to 15.5 billion rupees from 13.4 billion rupees a year ago.The board recommended a final dividend of 12.50 rupees per equity share of the face value of 10 rupees each for fiscal 2026 ended March 31.The bank's shares jumped over 12% in recent trade.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4211","MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629056840","title":"Mercantile Bank Corp : Stephens Raises Target Price to $59 From $54","url":"https://stock-news.laohu8.com/highlight/detail?id=2629056840","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629056840?lang=en_us&edition=fundamental","pubTime":"2026-04-23 11:39","pubTimestamp":1776915587,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260423:nFWN41511E:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4211","MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629044442","title":"Mercantile Bank price target raised to $60 from $57 at Keefe Bruyette","url":"https://stock-news.laohu8.com/highlight/detail?id=2629044442","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629044442?lang=en_us&edition=fundamental","pubTime":"2026-04-22 21:05","pubTimestamp":1776863153,"startTime":"0","endTime":"0","summary":"Keefe Bruyette raised the firm’s price target on Mercantile Bank (MBWM) to $60 from $57 and keeps an Outperform rating on the shares. Published fir...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/mercantile-bank-price-target-raised-to-60-from-57-at-keefe-bruyette-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/mercantile-bank-price-target-raised-to-60-from-57-at-keefe-bruyette-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629677064","title":"Mercantile Bank Signals Constructive Outlook After Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2629677064","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629677064?lang=en_us&edition=fundamental","pubTime":"2026-04-22 08:07","pubTimestamp":1776816469,"startTime":"0","endTime":"0","summary":"Mercantile Bank (($MBWM)) has held its Q1 earnings call. Read on for the main highlights of the call. Mercantile Bank’s latest earnings call struck...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/mercantile-bank-signals-constructive-outlook-after-earnings-call?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/mercantile-bank-signals-constructive-outlook-after-earnings-call?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MBWM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629320910","title":"Mercantile Bank Posts Strong First-Quarter 2026 Earnings Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2629320910","media":"TIPRANKS","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629320910?lang=en_us&edition=fundamental","pubTime":"2026-04-21 21:34","pubTimestamp":1776778448,"startTime":"0","endTime":"0","summary":"An update from Mercantile Bank ( ($MBWM) ) is now available. On April 21, 2026, Mercantile Bank Corporation reported solid first quarter 2026 resul...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/mercantile-bank-posts-strong-first-quarter-2026-earnings-growth?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/mercantile-bank-posts-strong-first-quarter-2026-earnings-growth?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MBWM"],"isVideo":false,"video":null,"gpt_icon":0}],"pageSize":20,"totalPage":3,"pageCount":2,"totalSize":51,"code":"91000000","status":"200"}]}}