Mercantile Bank Corporation (MBWM) jumped 7.59% or 2.44 to $34.59. It is about 48094 shares traded, which is 81.39% compare to the average total volume 59090. The market cap of MBWM is $574.00 million. The year to date change is 17.96%. The 52 week price range is from $26.4 to $38.47. Price of MBWM have changed 4.79% during last week. It have changed 13.77% over last month, 0.72% over last 3 months, -10.92% over last 6 months and -9.32% over one year.
Some investors will use 50-day and 200-day Moving Averages as support and resistance levels. Those moving average will be very helpful most of time. The 50-day Moving Averages for MBWM is 30.33. It is -12.32% below current price. The 200-day Moving Averages for MBWM is 33.58. It is -2.92% below current price. The 52-week High is 38.47. It is 11.22% from the current price. The 52-week Low is 26.4. It is -23.68% from current price.
There are some statistics of MBWM. It is has market cap $574.00 million. The share outstanding is 16.59 million. The average volume is 59090. The revenue is 32.91M. The percent of top 15 Institution holding is 75.60%. Return on equity is how much of net income returned as a percentage of the total amount of shareholder equity found on the balance sheet. Return on equity (ROE) of MBWM is 10.36%. Return on assets (ROA) is an indicator that shows how profitable a company is using its total assets to generate earnings. Return on Assets (ROA) of MBWM is 1.17%.