MBWM

Mercantile Bank (MBWM) reported Q3 2026 earnings of $1.42 per share, beating consensus estimates of $1.35 and delivering a 5.19% earnings surprise. Revenue also exceeded expectations at $73.2 million.

The stock has gained 21.5% year-to-date, outperforming the S&P 500's 12.4% gain. However, the company received a Zacks Rank #3 (Hold) rating with mixed estimate revisions, suggesting near-term performance in line with the market. First Financial Corp. (THFF) is expected to report earnings of $2.00 per share, representing 14.3% year-over-year growth.

Mercantile Bank is expected to report Q3 2026 earnings of $1.35 per share, representing a 7.5% year-over-year decline, despite revenues rising 13.1%. With a negative Earnings ESP of -1.12% and Zacks Rank #3, the stock is not considered a compelling earnings-beat candidate. However, the company has beaten consensus estimates in all four trailing quarters.

Mercantile Bank (MBWM), a Michigan-based finance stock, is highlighted as a compelling dividend investment with a 2.72% yield, outperforming its industry average of 2.46%. The company has increased its dividend 5 times over the last 5 years with an average annual increase of 6.33%, and expects solid earnings growth of 4.02% year-over-year for 2026. However, the stock carries a Zacks Rank of #3 (Hold).

Old National Bancorp is expected to report Q3 2026 earnings of $0.66 per share (up 11.9% YoY) with revenues of $735.94 million (up 3.2% YoY) on October 21. However, with an Earnings ESP of 0% and Zacks Rank #2, the stock is not considered a compelling earnings-beat candidate. The company has a strong history of beating estimates in the last four quarters.