Mercantile Bank Corp (NASDAQ:MBWM) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Mercantile Bank Corp provides banking services. The Company, through its subsidiaries, provides banking, insurance and real estate services. Mercantile Bank Corp has a market cap of $576.576 million; its shares were traded at around $34.75 with a P/E ratio of 18.29 and P/S ratio of 4.50. The dividend yield of Mercantile Bank Corp stocks is 2.13%. Mercantile Bank Corp had annual average EBITDA growth of 19.50% over the past five years.
For the last quarter Mercantile Bank Corp reported a revenue of $32.9 million, compared with the revenue of $31.04 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $128.7 million, an increase of 1.5% from last year. For the last five years Mercantile Bank Corp had an average revenue growth rate of 22.5% a year.
The reported diluted earnings per share was $1.9 for the year, a decline of 3.1% from the previous year. Over the last five years Mercantile Bank Corp had an EPS growth rate of 6.3% a year. The Mercantile Bank Corp had a decent operating margin of 35.79%, compared with the operating margin of 36.95% a year before. The 10-year historical median operating margin of Mercantile Bank Corp is 20.72%. The profitability rank of the company is 6 (out of 10).
Top Bank Stocks To Invest In 2019: Ampco-Pittsburgh Corporation(AP)
Advisors' Opinion:- [By ]
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Charlotte, N.C. (AP) -- People familiar with the situation say hedge fund manager David Tepper has agreed to buy the Carolina Panthers from team founder Jerry Richardson for a record $2.2 billion.
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Top Bank Stocks To Invest In 2019: Wells Fargo & Company(WFC)
Advisors' Opinion:- [By Max Byerly]
Northern Oak Wealth Management Inc. boosted its position in Wells Fargo (NYSE:WFC) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 142,579 shares of the financial services provider’s stock after purchasing an additional 1,323 shares during the period. Wells Fargo comprises approximately 1.4% of Northern Oak Wealth Management Inc.’s portfolio, making the stock its 24th biggest holding. Northern Oak Wealth Management Inc.’s holdings in Wells Fargo were worth $8,650,000 at the end of the most recent reporting period.
- [By Logan Wallace]
Robeco Institutional Asset Management B.V. boosted its holdings in Wells Fargo & Co (NYSE:WFC) by 52.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 614,003 shares of the financial services provider’s stock after purchasing an additional 209,981 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Wells Fargo & Co were worth $32,179,000 at the end of the most recent quarter.
- [By Dan Caplinger]
When it comes to investing, some people prefer to choose from among the leaders of an industry. In banking, Bank of America (NYSE:BAC) and Wells Fargo (NYSE:WFC) are among the biggest financial institutions in the world, and despite facing very different challenges, they've come a long way since teetering on the precipice of ruin during the financial crisis.
Top Bank Stocks To Invest In 2019: HSBC Holdings PLC (HSBA)
Advisors' Opinion:- [By Joseph Griffin]
HSBC (LON:HSBA) had its target price lowered by equities research analysts at Shore Capital from GBX 721 ($9.60) to GBX 625 ($8.32) in a report issued on Tuesday. The brokerage presently has a “sell” rating on the financial services provider’s stock. Shore Capital’s price objective indicates a potential downside of 14.71% from the company’s previous close.
- [By Ethan Ryder]
HSBC (LON:HSBA) had its price target dropped by equities research analysts at Citigroup from GBX 810 ($10.78) to GBX 800 ($10.65) in a report released on Tuesday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Citigroup’s price target points to a potential upside of 9.59% from the stock’s previous close.
Top Bank Stocks To Invest In 2019: Canadian Imperial Bank of Commerce(CM)
Advisors' Opinion:- [By Joseph Griffin]
Canadian Imperial Bank of Commerce (NYSE: CM) and Foreign Trade Bank of Latin America (NYSE:BLX) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, institutional ownership, risk and valuation.
- [By Stephan Byrd]
Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) declared a quarterly dividend on Wednesday, May 23rd, Zacks reports. Stockholders of record on Thursday, June 28th will be paid a dividend of 1.036 per share by the bank on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, June 27th.
- [By Joseph Griffin]
Shares of Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) have earned an average recommendation of “Hold” from the twelve research firms that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$130.33.
- [By Logan Wallace]
Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Analysts at Desjardins reduced their Q2 2018 earnings per share estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Wednesday, May 2nd. Desjardins analyst D. Young now forecasts that the company will post earnings of $2.85 per share for the quarter, down from their prior estimate of $2.86.
Top Bank Stocks To Invest In 2019: First Commonwealth Financial Corporation(FCF)
Advisors' Opinion:- [By Joseph Griffin]
Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)
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