Mercantile Bank Corporation Announces Solid Second Quarter Results [Yahoo! Finance]
Mercantile Bank Corporation (MBWM)
Last mercantile bank corporation earnings: 4/21 06:01 am
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Source: Yahoo! Finance
GRAND RAPIDS, Mich. July 16, 2024 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $18.8 million , or per diluted share, for the second quarter of 2024, compared with net income of $20.4 million , or per diluted share, for the second quarter of 2023. Net income during the first six months of 2024 totaled $40.3 million , or per diluted share, compared with net income of $41.3 million , or per diluted share, during the first six months of 2023. "Our solid second quarter financial performance provides further evidence of our ability to successfully navigate the challenges arising from shifting economic and operating environments," said Ray Reitsma , President and Chief Executive Officer of Mercantile. "We are very pleased with the levels of local deposit and commercial loan growth during the quarter, which demonstrate our ongoing focus on new client acquisition, meeting the banking needs of existing customers, and relationship banking. O
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News
- Mercantile Bank Co. (NASDAQ: MBWM) had its price target raised by analysts at Keefe, Bruyette & Woods from $50.00 to $56.00. They now have an "outperform" rating on the stock.MarketBeat
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- Mercantile Bank (MBWM) Reports Q3 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
MBWM
Earnings
- 10/15/24 - Beat
MBWM
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 8-K
- 12/3/24 - Form 4
- MBWM's page on the SEC website