MBWM
Price:
$45.07
Market Cap:
$727.52M
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 offers 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 ...[Read more]
Industry
Banks - Regional
IPO Date
1999-07-20
Stock Exchange
NASDAQ
Ticker
MBWM
According to Mercantile Bank Corporation’s latest financial reports and current stock price. The company's current Dividend Yield is 3.15%. This represents a change of 269.48% compared to the average of 0.85% of the last 4 quarters.
The mean historical Dividend Yield of Mercantile Bank Corporation over the last ten years is 3.91%. The current 3.15% Dividend Yield has changed -19.40% with respect to the historical average. Over the past ten years (40 quarters), MBWM's Dividend Yield was at its highest in in the December 2018 quarter at 3.49%. The Dividend Yield was at its lowest in in the March 2017 quarter at 0.52%.
Average
3.91%
Median
3.28%
Minimum
2.07%
Maximum
8.61%
Discovering the peaks and valleys of Mercantile Bank Corporation Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 316.36%
Maximum Annual Dividend Yield = 8.61%
Minimum Annual Increase = -72.90%
Minimum Annual Dividend Yield = 2.07%
Year | Dividend Yield | Change |
---|---|---|
2023 | 3.25% | -12.02% |
2022 | 3.69% | 11.60% |
2021 | 3.31% | -18.46% |
2020 | 4.06% | 41.86% |
2019 | 2.86% | -51.22% |
2018 | 5.86% | 183.63% |
2017 | 2.07% | -32.23% |
2016 | 3.05% | 30.62% |
2015 | 2.33% | -72.90% |
2014 | 8.61% | 316.36% |
The current Dividend Yield of Mercantile Bank Corporation (MBWM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.42%
5-year avg
3.43%
10-year avg
3.91%
Mercantile Bank Corporation’s Dividend Yield is less than Macatawa Bank Corporation (1.21%), less than Great Southern Bancorp, Inc. (2.66%), less than The First Bancorp, Inc. (5.23%), less than MidWestOne Financial Group, Inc. (3.30%), less than Lakeland Financial Corporation (2.80%),
Company | Dividend Yield | Market cap |
---|---|---|
1.21% | $509.24M | |
2.66% | $703.55M | |
5.23% | $302.77M | |
3.30% | $610.78M | |
2.80% | $1.75B |
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