Mercantile Bank (MBWM) Projected to Post Earnings on Tuesday

Mercantile Bank (NASDAQ:MBWM) is expected to be announcing its Q4 2025 results before the market opens on Tuesday, January 20th. Analysts expect the company to announce earnings of $1.34 per share and revenue of $62.2450 million for the quarter. Investors may review the information on the company’s upcoming Q4 2025 earning report for the latest details on the call scheduled for Tuesday, January 20, 2026 at 10:00 AM ET.

Mercantile Bank (NASDAQ:MBWM) last announced its quarterly earnings results on Tuesday, October 21st. The financial services provider reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.08. Mercantile Bank had a net margin of 23.05% and a return on equity of 13.78%. The firm had revenue of $62.39 million during the quarter, compared to the consensus estimate of $61.33 million. On average, analysts expect Mercantile Bank to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Mercantile Bank Stock Performance

Mercantile Bank stock opened at $50.24 on Monday. The firm has a market capitalization of $816.40 million, a P/E ratio of 9.52 and a beta of 0.89. Mercantile Bank has a 1-year low of $37.76 and a 1-year high of $51.89. The company’s 50-day moving average is $47.66 and its 200 day moving average is $47.04. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.97.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on MBWM shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Mercantile Bank in a research note on Monday, December 29th. Raymond James Financial boosted their price target on Mercantile Bank from $52.00 to $54.00 and gave the company an “outperform” rating in a research report on Wednesday, January 7th. Zacks Research cut shares of Mercantile Bank from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. Hovde Group boosted their price objective on shares of Mercantile Bank from $53.00 to $56.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Finally, Piper Sandler reiterated a “neutral” rating and set a $55.50 price objective on shares of Mercantile Bank in a research report on Thursday, January 8th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $55.38.

Insider Buying and Selling at Mercantile Bank

In other Mercantile Bank news, Director Nelson F. Sanchez acquired 1,000 shares of Mercantile Bank stock in a transaction dated Friday, October 31st. The stock was acquired at an average cost of $43.50 per share, for a total transaction of $43,500.00. Following the completion of the transaction, the director owned 3,502 shares in the company, valued at approximately $152,337. This represents a 39.97% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On Mercantile Bank

Institutional investors have recently bought and sold shares of the stock. Comerica Bank grew its holdings in Mercantile Bank by 27.2% during the third quarter. Comerica Bank now owns 8,162 shares of the financial services provider’s stock worth $367,000 after acquiring an additional 1,743 shares during the period. Sei Investments Co. boosted its position in shares of Mercantile Bank by 34.4% during the 3rd quarter. Sei Investments Co. now owns 8,207 shares of the financial services provider’s stock valued at $369,000 after purchasing an additional 2,100 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of Mercantile Bank by 8.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 7,849 shares of the financial services provider’s stock worth $353,000 after purchasing an additional 635 shares during the last quarter. Intech Investment Management LLC raised its holdings in shares of Mercantile Bank by 9.9% in the 3rd quarter. Intech Investment Management LLC now owns 7,539 shares of the financial services provider’s stock worth $339,000 after purchasing an additional 679 shares in the last quarter. Finally, Federated Hermes Inc. lifted its stake in Mercantile Bank by 4.5% during the second quarter. Federated Hermes Inc. now owns 7,178 shares of the financial services provider’s stock valued at $333,000 after purchasing an additional 309 shares during the last quarter. Institutional investors and hedge funds own 58.63% of the company’s stock.

Mercantile Bank Company Profile

Mercantile Bank Corporation (NASDAQ: MBWM) is the bank holding company for Mercantile Bank of Michigan, a full-service commercial bank headquartered in Grand Rapids, Michigan. Through its state-chartered subsidiary, the company provides a broad range of financial products and services to small and mid-sized businesses, professionals and consumers across West and Central Michigan.

The bank’s core offerings include deposit products such as checking, savings and money market accounts, alongside commercial and consumer loan portfolios.