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MBWM

Mercantile Bank Corporation · NASDAQ

Performance

+0.73%

1W

+16.84%

1M

+6.56%

3M

+12.78%

6M

-0.27%

YTD

+58.51%

1Y

Profile

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner-occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, it offers courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Investment Analysis Report: MBWM

Overview

MBWM is a regional bank operating in the finance sector with a market capitalization of $605.57 million. In this report, we will conduct a detailed analysis of MBWM's financial health, earnings and revenue growth, profitability, operating margin, operating cash flow, capital expenditure trends, and effic...

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Technical Analysis of MBWM 2024-05-10

Overview:

In the last 5 trading days, MBWM stock has shown a consistent uptrend in its price, supported by positive momentum and increasing volume. The stock has been trading above its moving averages, with the MACD indicating a bullish trend. Volatility has been relatively stable, and the volume has been increasing, indicating growing interest ...

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