MBWM News Alert Mercantile Bank Corp (MBWM) 19.32 02/14/2015

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Mercantile Bank Corp (MBWM) 19.32 $MBWM

Mercantile Bank Corporation Announces New $20.0 Million Stock Repurchase Program
PR Newswire - Fri Jan 30, 8:00AM CST
Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile" announced today that its Board of Directors has authorized a new stock repurchase program of up to $20.0 million of the company's outstanding common stock.
MBWM: 19.32 (+0.02)

Downgrade Alert for Mercantile Bank (MBWM)
Comtex SmarTrend(R) - Wed Jan 21, 7:09AM CST
Mercantile Bank (NASDAQ:MBWM) was downgraded from Outperform to Market Perform at Fig Partners today. The stock closed yesterday at $19.29 on volume of 39,000 shares, above average daily volume of 23,000. In the past 52 weeks, shares of Mercantile Bank have traded between a low of $7.51 and a high of $24.34 and closed yesterday at $19.29, which is 157% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.
MBWM: 19.32 (+0.02)

Mercantile Bank announces 17% higher dividend of USD0.14 per share for quarter over prior quarter
M2 - Wed Jan 21, 3:21AM CST
The board of directors of Mercantile Bank Corporation (NASDAQ:MBWM), the bank holding company for Mercantile Bank of Michigan, approved a regular quarterly cash dividend of USD0.14 per share on the company's common stock, it reported on Tuesday.
MBWM: 19.32 (+0.02)

Mercantile's (MBWM) CEO Michael Price on Q4 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Tue Jan 20, 1:18PM CST

MBWM: 19.32 (+0.02)

Mercantile Bank misses Street 4Q forecasts
Automated Insights - Tue Jan 20, 5:21AM CST
GRAND RAPIDS, Mich. (AP) _ Mercantile Bank Corp. (MBWM) on Tuesday reported fourth-quarter profit climbed by 22 percent to $6.3 million.
MBWM: 19.32 (+0.02)

Mercantile Bank declares $0.14 dividend
Seeking Alpha - at Seeking Alpha - Tue Jan 20, 5:17AM CST

MBWM: 19.32 (+0.02)

Mercantile Bank EPS of $0.37
Seeking Alpha - at Seeking Alpha - Tue Jan 20, 5:09AM CST

MBWM: 19.32 (+0.02)

Mercantile Bank Corporation Reports Fourth Quarter and Full Year 2014 Results
PR Newswire - Tue Jan 20, 5:00AM CST
Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile" reported net income of $6.3 million, or $0.37 per diluted share, for the fourth quarter of 2014, compared with net income of $5.2 million, or $0.59 per diluted share, for the prior-year period. For the full year 2014, Mercantile reported net income of $17.3 million, or $1.28 per diluted share, compared with net income of $17.0 million, or $1.95 per diluted share, for the full year 2013.
MBWM: 19.32 (+0.02)

Mercantile Bank Corporation Increases Dividend
PR Newswire - Tue Jan 20, 4:59AM CST
Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile" announced today that on January 15, 2015 its Board of Directors declared a regular quarterly cash dividend of $0.14 per common share, payable March 25, 2015 to holders of record as of March 13, 2015. The $0.14 cash dividend represents an increase of approximately 17 percent from the $0.12 cash dividend paid during the fourth quarter of 2014.
MBWM: 19.32 (+0.02)

Mercantile Bank Corporation Announces Fourth-Quarter and Full-Year 2014 Results Conference Call and Webcast
PR Newswire - Mon Jan 12, 3:35PM CST
Mercantile Bank Corporation (NASDAQ: MBWM) will hold a conference call to discuss fourth-quarter and full-year 2014 results on Tuesday, January 20, at 10:00 a.m. Eastern Time.
MBWM: 19.32 (+0.02)

Nasdaq makes changes to community bank index
Seeking Alpha - at Seeking Alpha - Mon Dec 15, 11:22AM CST

BKYF: 47.75 (-0.30), UCFC: 5.28 (-0.02), TLMR: 14.02 (-0.01), SFBS: 32.07 (+0.09), HBNC: 23.16 (+0.16), BBNK: 22.04 (+0.24), TBNK: 21.70 (+0.02), SGBK: 28.10 (+0.10), PFIS: 43.40 (-0.59), BDGE: 25.41 (+0.07), BSRR: 16.75 (-0.07), SUBK: 23.06 (+0.44), PCBK: 13.44 (-0.04), SQBK: 25.66 (-0.13), SUSQ: 13.48 (+0.01), MBWM: 19.32 (+0.02), OPB: 28.48 (+0.21), KRNY: 13.48 (+0.16)

Semi-Annual Changes to the NASDAQ OMX ABA Community Bank Index
GlobeNewswire - Mon Dec 15, 6:15AM CST
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the semi-annual evaluation of the NASDAQ OMX ABA Community Bank Index (Nasdaq:ABQI), which will become effective prior to market open on Monday, December 22, 2014.
BKYF: 47.75 (-0.30), UCFC: 5.28 (-0.02), TLMR: 14.02 (-0.01), SFBS: 32.07 (+0.09), CACB: 4.90 (+0.12), HBNC: 23.16 (+0.16), BBNK: 22.04 (+0.24), TBNK: 21.70 (+0.02), SGBK: 28.10 (+0.10), PFIS: 43.40 (-0.59), BDGE: 25.41 (+0.07), BSRR: 16.75 (-0.07), SUBK: 23.06 (+0.44), PCBK: 13.44 (-0.04), SQBK: 25.66 (-0.13), NDAQ: 49.48 (-0.27), SUSQ: 13.48 (+0.01), MBWM: 19.32 (+0.02), OPB: 28.48 (+0.21), KRNY: 13.48 (+0.16)

Mercantile Bank Hires Primatics Financial to Provide Acquired Accounting and Valuation Services
Marketwired - Mon Dec 01, 8:18AM CST
Primatics Financial ("Primatics" , a leader in integrated risk and finance solutions, was selected by Mercantile Bank Corporation ("Mercantile" (NASDAQ: MBWM) to implement its EVOLV(R) software solution to efficiently and cost-effectively manage the loan accounting and credit analysis for Mercantile's integration with Firstbank Corporation ("Firstbank" (NASDAQ: FBMI). The transaction, a merger of equals, created one of the largest banking organizations headquartered in Michigan with approximately $3 billion in assets and $2 billion in loans.
FBMI: 21.59 (+0.53), MBWM: 19.32 (+0.02)

Mercantile Bank's Fall Is Unwarranted
Profit Fan - Seeking Alpha - Tue Nov 25, 6:25AM CST
Even after a few solid years of healing, some investors still may not be ready to put money into a Michigan based bank, but for those that are, Mercantile Bank Corporation (NASDAQ: MBWM ) is one to consider. The bank is very healthy now, and after...
FBMI: 21.59 (+0.53), MBWM: 19.32 (+0.02)

Mercantile Bank (MBWM) Upgraded From Hold to Buy
at The Street - Wed Nov 19, 8:22AM CST
Mercantile Bank (MBWM) has been upgraded by TheStreet Ratings from Hold to Buy with a ratings score of B-.
MBWM: 19.32 (+0.02)

Mercantile Bank announces dividend of USD0.12 per share for quarter
M2 - Wed Oct 22, 5:27AM CDT
Mercantile Bank Corporation (NASDAQ:MBWM), the bank holding company for Mercantile Bank of Michigan, disclosed on Tuesday a regular quarterly common stock cash dividend of USD0.12 per share, approved by its board of directors on 16 October 2014.
MBWM: 19.32 (+0.02)

Mercantile Bank misses by $0.02, beats on revenue
Seeking Alpha - at Seeking Alpha - Tue Oct 21, 5:10AM CDT

MBWM: 19.32 (+0.02)

Mercantile Bank Corporation Declares Dividend
PR Newswire - Tue Oct 21, 4:59AM CDT
Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile" announced today that on October 16, 2014 its Board of Directors declared a regular quarterly cash dividend of $0.12 per common share, payable December 24, 2014 to holders of record as of December 12, 2014.
MBWM: 19.32 (+0.02)

Mercantile Bank Corporation Announces Third Quarter 2014 Results Conference Call and Webcast
PR Newswire - Tue Oct 07, 6:30AM CDT
Mercantile Bank Corporation (NASDAQ: MBWM) will hold a conference call to discuss third quarter 2014 results on Tuesday, October 21, 2014, at 10:00 a.m. Eastern Time.
MBWM: 19.32 (+0.02)




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