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Value

2016 Offers Little Hope For Growth At Mercantile Bank

Shares of Mercantile Bank Corporation (NASDAQ:MBWM) have been on a wild ride. When I first reviewed the bank a little over a year ago, I thought shares were undervalued at ~$18.85, but that headwinds threatened long-term growth. I ended that article saying that I was going to probably regret passing on a great short-term opportunity, and the market made me eat those words by sending the stock up to as high as $26.27. Not too nice Mr. Market, but now that you're back down for the year, I thought it would be a good time to check in and see what exactly you are offering.

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