US · Financial Services · Banks - Regional
EPS came in at 1.42 against a street estimate of 1.35 — a beat of 5.2%.
Analysts rate Mercantile Bank Corporation a hold (2 buy, 4 hold, 0 sell out of 6) with an average price target of $64.17.
CONFIDENT Mercantile delivered stronger revenue, margin and deposits, while earnings per share fell year over year as investments and taxes increased. Management expects continued loan growth, stable-to-higher margin and ongoing Southeast Michigan expansion. Q3 FY26 Management has grown the Southeast Michigan commercial calling team to roughly six people and expects further additions, though timing is difficult to predict. Analysts focused on margin sensitivity, operating leverage, liquidity and Southeast Michigan expansion. Management emphasized durable margins, opportunistic hiring and lower Federal Reserve cash balances. 2026-10-20…
Full summary in the app.
| Fund | Stake |
|---|---|
| BlackRock Inc | 8.88% |
| Wellington Management Company LLP | 6.29% |
| Dimensional Fund Advisors, Inc. | 6.06% |
| Vanguard Capital Management, LLC | 4.26% |
| American Century Companies Inc | 3.62% |
| State Street Corp | 3.46% |
| Geode Capital Management, LLC | 2.70% |
| Renaissance Technologies Corp | 2.58% |
| Document | Date |
|---|---|
| Quarterly report · Q3 2026 HEADLINE NUMBERS • Third-quarter 2026 net income was $24.072 million, up from $23.758 million in Q3 2025. • Nine-month 2026 net income was $72.685 m | 2026-10-30 |
| Results announced · Q4 2026 HEADLINE NUMBERS • Third-quarter 2026 net income was $24.1 million, or $1.39 per diluted share, versus $23.8 million, or $1.46 per diluted share, in | 2026-10-20 |
| Board / officer change · Q3 2026 MERCANTILE BANK CORPORATION (MBWM) — FORM 8-K SUMMARY HEADLINE NUMBERS • Company: Mercantile Bank Corporation, Michigan-incorporated, trades on Nasd | 2026-09-25 |
| Quarterly report · Q2 2026 MERCANTILE BANK CORPORATION – FORM 10-Q SUMMARY For Quarter Ended June 30, 2026 --- HEADLINE NUMBERS • Total Assets: $6.819 billion (down from $6.8 | 2026-07-31 |
| Results announced · Q3 2026 MERCANTILE BANK CORPORATION Q2 2026 RESULTS SUMMARY HEADLINE NUMBERS • Net income Q2 2026: $25.9 million, or $1.50 per diluted share (vs. $22.6 mill | 2026-07-21 |
| Shareholder vote results · Q2 2026 MERCANTILE BANK CORPORATION (MBWM) - 8-K SUMMARY HEADLINE NUMBERS • Total shares voted: 13,535,143 shares cast (with 2,447,511 broker non-votes) • D | 2026-05-21 |
| Quarterly report · Q1 2026 MERCANTILE BANK CORPORATION – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Net income: $22.7 million for Q1 2026 vs. $19.5 million for Q1 2025 (up 16%) • | 2026-05-01 |
| Results announced · Q2 2026 MERCANTILE BANK CORPORATION – Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net income: $22.7 million ($1.32 per diluted share) vs. $19.5 million ($1. | 2026-04-21 |
Readable in the app.
| Action | Detail | Date |
|---|---|---|
| Dividend | $0.40 / share ex-date Sep 4, 2026 · pay Sep 16, 2026 | 2026-09-04 |
| Dividend | $0.39 / share ex-date Jun 5, 2026 · pay Jun 17, 2026 | 2026-06-05 |
| Dividend | $0.39 / share ex-date Mar 6, 2026 · pay Mar 18, 2026 | 2026-03-06 |
| Dividend | $0.38 / share ex-date Dec 5, 2025 · pay Dec 17, 2025 | 2025-12-05 |
Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for Mercantile Bank Corporation — free to start.
Open in the appGoogle PlayApp StoreData updated 2026-11-07.