Upgrades Mkt Perform Outperform X

MBWM Mercantile Bank

Raymond James

$55

Upgrades Mkt Perform Outperform X

MBWM Mercantile Bank

Hovde Group

$54

Downgrades Buy Neutral X

MBWM Mercantile Bank

Janney

Downgrades Outperform Mkt Perform X

MBWM Mercantile Bank

Hovde Group

Upgrades Neutral Buy X

MBWM Mercantile Bank

Janney

Upgrades Neutral Overweight X

MBWM Mercantile Bank

Piper Sandler

$38 $40

Downgrades Outperform Mkt Perform X

MBWM Mercantile Bank

Raymond James

Downgrades Strong Buy Outperform X

MBWM Mercantile Bank

Raymond James

$44 $35

Upgrades Mkt Perform Outperform X

MBWM Mercantile Bank

Hovde Group

$41

Upgrades Mkt Perform Outperform X

MBWM Mercantile Bank

Raymond James

$44

Upgrades Mkt Perform Outperform X

MBWM Mercantile Bank

Keefe Bruyette

MBWM  Mercantile Bank Corporation

Mercantile Bank Corporation is a bank holding company. The Company owns the Mercantile Bank of Michigan (the Bank). The Bank is a state banking company. The Bank provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. The Bank makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. The Bank also enables customers to conduct certain loan and deposit transactions by personal computer and through mobile applications. Courier service is provided to certain commercial customers, and safe deposit facilities are available at its office locations. The Bank's commercial lending group originates commercial loans and leases primarily in its market areas. The Bank's primary deposit products are checking, savings and term certificate accounts.