MBWM: Mercantile Bank Corp.
About
Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. It offers checking and savings accounts, credit and debit cards, mobile and Internet banking, business loans, mobile wallet, health savings account, and treasury management services. The company was founded on July 15, 1997 and is headquartered in Grand Rapids, MI.
Current Value
$48.341 Year Return
Current Value
$48.341 Year Return
Key Details
Market Cap
$783.85M
P/E Ratio
9.78
1Y Stock Return
39.14%
1Y Revenue Growth
22.21%
Dividend Yield
3.32%
Price to Book
1.3
Strategies that include MBWM
Stock's related to MBWM
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| FRME | 89.34% | $2.51B | +38.53% | 3.21% |
| TCBK | 88.14% | $1.55B | +31.56% | 2.74% |
| NWBI | 87.97% | $1.84B | +30.71% | 5.56% |
| PEBO | 87.91% | $1.24B | +18.69% | 4.53% |
| FFBC | 87.71% | $2.75B | +42.24% | 3.23% |
| UBSI | 87.17% | $5.66B | +25.92% | 3.55% |
| IBOC | 86.93% | $4.40B | +55.95% | 1.88% |
| BY | 86.75% | $1.36B | +51.33% | 1.18% |
| BUSE | 86.73% | $1.50B | +24.85% | 3.65% |
| STBA | 86.57% | $1.61B | +49.48% | 3.18% |
| CHCO | 86.50% | $1.89B | +32.97% | 2.29% |
| SRCE | 86.45% | $1.58B | +32.91% | 2.18% |
| CTBI | 86.39% | $1.06B | +47.55% | 3.18% |
| QCRH | 86.31% | $1.51B | +75.87% | 0.27% |
| PFC | 86.16% | $990.65M | +38.69% | 4.50% |
| FCF | 86.11% | $1.89B | +40.91% | 2.77% |
| GABC | 85.98% | $1.34B | +54.46% | 2.39% |
| FIBK | 85.48% | $3.49B | +33.95% | 5.62% |
| CAC | 85.44% | $676.24M | +38.60% | 3.63% |
| HOMB | 85.43% | $6.11B | +41.20% | 2.45% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CME | -0.06% | $82.76B | +9.21% | 1.98% |
| MANU | -0.27% | $2.88B | -9.41% | 0.00% |
| FTNT | -0.28% | $69.59B | +72.67% | 0.00% |
| CL | 0.30% | $76.48B | +22.25% | 2.12% |
| CYCN | 0.32% | $4.77M | -16.19% | 0.00% |
| AUDC | 0.37% | $262.07M | -18.71% | 4.14% |
| ACGL | -0.39% | $36.00B | +16.84% | 0.00% |
| MRK | 0.45% | $244.21B | -5.55% | 3.18% |
| CRWD | -0.47% | $86.61B | +69.05% | 0.00% |
| NTZ | 0.51% | $47.64M | -30.94% | 0.00% |
| RLMD | 0.55% | $89.92M | +1.36% | 0.00% |
| VSTA | 0.57% | $204.94M | -39.33% | 0.00% |
| CAH | 0.82% | $28.64B | +12.14% | 1.70% |
| PDD | -0.82% | $163.43B | +0.29% | 0.00% |
| NFLX | 0.85% | $372.45B | +83.46% | 0.00% |
| NNE | -0.90% | $833.66M | +531.50% | 0.00% |
| ZTO | 0.91% | $12.58B | -4.71% | 4.73% |
| LX | -0.94% | $446.80M | +57.07% | 4.21% |
| SPOT | -1.01% | $90.80B | +159.59% | 0.00% |
| PRPH | 1.02% | $18.14M | -82.61% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| COR | -17.65% | $47.48B | +21.20% | 0.86% |
| MCK | -12.92% | $78.15B | +35.51% | 0.42% |
| CHD | -10.28% | $27.18B | +19.50% | 1.03% |
| DAO | -9.53% | $159.28M | +25.62% | 0.00% |
| PGR | -8.96% | $149.10B | +57.29% | 0.45% |
| TCOM | -8.10% | $40.41B | +91.40% | 0.00% |
| MNSO | -7.55% | $5.45B | -28.63% | 1.56% |
| DOGZ | -7.14% | $614.77M | +1,372.26% | 0.00% |
| STG | -6.53% | $35.67M | +7.92% | 0.00% |
| MNOV | -5.73% | $93.19M | +2.15% | 0.00% |
| LLY | -5.66% | $692.74B | +23.14% | 0.71% |
| RNR | -5.63% | $13.74B | +23.09% | 0.58% |
| FATBB | -5.51% | $81.94M | -12.91% | 11.69% |
| MSDL | -4.58% | $1.83B | +0.66% | 7.26% |
| OCX | -4.11% | $42.93M | -36.09% | 0.00% |
| CYD | -3.82% | $364.46M | -2.94% | 4.26% |
| RDY | -3.78% | $11.97B | +5.10% | 3.31% |
| TCTM | -3.75% | $8.10M | -42.99% | 0.00% |
| PG | -3.74% | $402.15B | +14.14% | 2.33% |
| EW | -3.40% | $41.40B | +4.84% | 0.00% |
ETF's related to MBWM
News
Yahoo
In the wake of a post-election rally, the U.S. stock market has seen major indices like the S&P 500 and Dow Jones Industrial Average reach new record highs, fueled by optimism surrounding recent political developments and Federal Reserve interest rate cuts. Amid this buoyant market environment, dividend stocks remain an attractive option for investors seeking steady income streams and potential capital appreciation, making them worthy of attention as we move into November 2024.
Yahoo
As the U.S. stock market experiences a surge, buoyed by strong earnings from banks and a rebound in tech stocks like Nvidia, the Dow Jones Industrial Average has reached new record highs. In this dynamic environment, dividend stocks can offer investors stability and income through regular payouts, making them an attractive option amidst market volatility.
Yahoo
Mercantile Bank ( NASDAQ:MBWM ) Third Quarter 2024 Results Key Financial Results Revenue: US$56.9m (up 3.6% from 3Q...
Yahoo
Q3 2024 Mercantile Bank Corp Earnings Call
Yahoo
Mercantile Bank Corp (MBWM) reports robust deposit growth and maintains strong asset quality, despite facing challenges with declining net interest margins and rising expenses.
SeekingAlpha
Mercantile Bank Corporation exceeds analyst expectations in Q3 2024, despite concerns over asset quality and potential interest rate cuts. Click for my MBWM update.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.