MBWM - Mercantile Bank Corporation

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• Mercantile Bank declares $0.33 dividend
• Mercantile Bank GAAP EPS of $1.31 beats by $0.15, revenue of $55.3M beats by $1.77M
• Piper Sandler upgrades Mercantile Bank to Overweight on conservative NIM outlook
• Mercantile Bank stock falls over 6% after earnings, Raymond James downgrade
• Mercantile Bank GAAP EPS of $1.37 beats by $0.17, revenue of $58.46M beats by $4.76M
• Mercantile Bank raises dividend by 3% to $0.33
• Mercantile Bank GAAP EPS of $1.01 beats by $0.03, revenue of $49.6M beats by $1.9M
• Mercantile Bank declares $0.32 dividend
• Raymond James downgrades Ally Financial, seven other banks ahead of Q3 results
• Mercantile Bank raises dividend by 3.2% to $0.32
• Mercantile Bank GAAP EPS of $0.74 misses by $0.02, revenue of $42.07M misses by $0.64M
• Mercantile Bank declares $0.31 dividend
• Mercantile Bank GAAP EPS of $0.73 misses by $0.01, revenue of $40.2M misses by $2.68M
• Mercantile Bank upgraded to Strong Buy at Raymond James after stock slips
• Mercantile Bank stock gains after Raymond James upgrades on expected loan growth
• Mercantile Bank raises dividend by a penny to $0.31
• Mercantile Bank GAAP EPS of $0.74 misses by $0.12, revenue of $45.16M in-line
• Mercantile Bank issues additional $15M of subordinated notes
• Mercantile Bank of Michigan establishes the Mercantile Bank Foundation
• Mercantile Bank declares $0.30 dividend