Mercantile Bank Corporation Declares Regular Cash Dividend
Mercantile Bank (NASDAQ: MBWM) has declared a regular quarterly cash dividend of $0.37 per common share, representing a 5.7% increase compared to the second quarter of 2024. The dividend, which provides an annual yield of approximately 3.6%, will be payable on June 18, 2025, to shareholders of record as of June 6, 2025.
President and CEO Ray Reitsma highlighted the company's sustained financial strength during Q1 2025, enabling the continuation of their regular cash dividend program. Despite uncertain economic conditions, management expressed confidence in maintaining shareholder value while supporting expected asset growth through their sound balance sheet structure.
Mercantile Bank (NASDAQ: MBWM) ha dichiarato un dividendo trimestrale in contanti regolare di 0,37 $ per azione ordinaria, con un aumento del 5,7% rispetto al secondo trimestre del 2024. Il dividendo, che offre un rendimento annuo di circa il 3,6%, sarà pagabile il 18 giugno 2025 agli azionisti registrati al 6 giugno 2025.
Il presidente e CEO Ray Reitsma ha sottolineato la solida forza finanziaria dell'azienda nel primo trimestre 2025, che ha permesso di proseguire con il programma regolare di dividendi in contanti. Nonostante le condizioni economiche incerte, la direzione ha espresso fiducia nel mantenere il valore per gli azionisti, sostenendo allo stesso tempo la crescita prevista degli attivi grazie a una struttura patrimoniale solida.
Mercantile Bank (NASDAQ: MBWM) ha declarado un dividendo trimestral en efectivo regular de 0,37 $ por acción común, lo que representa un aumento del 5,7 % en comparación con el segundo trimestre de 2024. El dividendo, que ofrece un rendimiento anual aproximado del 3,6 %, se pagará el 18 de junio de 2025 a los accionistas registrados al 6 de junio de 2025.
El presidente y CEO Ray Reitsma destacó la fortaleza financiera sostenida de la empresa durante el primer trimestre de 2025, lo que permitió continuar con su programa regular de dividendos en efectivo. A pesar de las condiciones económicas inciertas, la dirección expresó confianza en mantener el valor para los accionistas mientras apoyan el crecimiento esperado de los activos mediante una estructura financiera sólida.
Mercantile Bank (NASDAQ: MBWM)는 보통주 1주당 0.37달러의 정기 분기 현금 배당을 선언했으며, 이는 2024년 2분기 대비 5.7% 증가한 수치입니다. 연간 약 3.6%의 수익률을 제공하는 이번 배당금은 2025년 6월 6일 기준 주주 명부에 등재된 주주들에게 2025년 6월 18일에 지급될 예정입니다.
사장 겸 CEO인 Ray Reitsma는 2025년 1분기 동안 회사의 지속적인 재무 건전성을 강조하며, 이를 바탕으로 정기 현금 배당 프로그램을 계속할 수 있었다고 밝혔습니다. 불확실한 경제 상황에도 불구하고 경영진은 견실한 재무구조를 통해 예상 자산 성장 지원과 함께 주주 가치를 유지할 자신감을 표명했습니다.
Mercantile Bank (NASDAQ : MBWM) a déclaré un dividende trimestriel en espèces régulier de 0,37 $ par action ordinaire, soit une augmentation de 5,7 % par rapport au deuxième trimestre 2024. Ce dividende, offrant un rendement annuel d’environ 3,6 %, sera versé le 18 juin 2025 aux actionnaires inscrits au registre au 6 juin 2025.
Le président-directeur général Ray Reitsma a souligné la solidité financière durable de l’entreprise au premier trimestre 2025, ce qui a permis la poursuite de leur programme régulier de dividendes en espèces. Malgré des conditions économiques incertaines, la direction a exprimé sa confiance dans le maintien de la valeur pour les actionnaires tout en soutenant la croissance attendue des actifs grâce à une structure financière saine.
Mercantile Bank (NASDAQ: MBWM) hat eine reguläre vierteljährliche Bardividende von 0,37 $ je Stammaktie angekündigt, was einer Steigerung von 5,7 % gegenüber dem zweiten Quartal 2024 entspricht. Die Dividende, die eine jährliche Rendite von etwa 3,6 % bietet, wird am 18. Juni 2025 an die zum 6. Juni 2025 eingetragenen Aktionäre ausgezahlt.
Präsident und CEO Ray Reitsma hob die anhaltende finanzielle Stärke des Unternehmens im ersten Quartal 2025 hervor, die die Fortsetzung des regulären Bardividendenprogramms ermöglicht. Trotz unsicherer wirtschaftlicher Bedingungen zeigte das Management Zuversicht, den Aktionärswert zu erhalten und gleichzeitig das erwartete Wachstum der Vermögenswerte durch eine solide Bilanzstruktur zu unterstützen.
- Quarterly dividend increased by 5.7% year-over-year
- Current annual dividend yield of 3.6%
- Strong Q1 2025 financial performance reported
- Sound balance sheet structure maintained
- Management acknowledges uncertain economic and operating conditions
Board declares
"We are very pleased that our longstanding strength in financial metrics was sustained during the first quarter of 2025, enabling us to continue our regular cash dividend program and once again provide shareholders with meaningful cash returns on their investments," said Ray Reitsma, President and Chief Executive Officer of Mercantile. "Although economic and operating conditions remain uncertain, we believe our sound balance sheet structure and expectation of continued strong operating results in forthcoming periods as anticipated should permit us to continue to build shareholder value while providing ample capital support for expected asset growth."
About Mercantile Bank Corporation
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Forward-Looking Statements
This news release contains statements or information that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will," and similar references to future periods. Any such statements are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the results expressed in forward-looking statements. Factors that might cause such a difference include changes in interest rates and interest rate relationships; increasing rates of inflation and slower growth rates or recession; significant declines in the value of commercial real estate; market volatility; demand for products and services; climate impacts; labor markets; the degree of competition by traditional and nontraditional financial services companies; changes in banking regulation or actions by bank regulators; changes in tax laws and other laws and regulations applicable to us; changes in prices, levies, and assessments; the impact of technological advances; potential cyber-attacks, information security breaches and other criminal activities; litigation liabilities; governmental and regulatory policy changes; the outcomes of existing or future contingencies; trends in customer behavior as well as their ability to repay loans; changes in local real estate values; damage to our reputation resulting from adverse publicity, regulatory actions, litigation, operational failures, and the failure to meet client expectations and other facts; changes in the national and local economies; unstable political and economic environments; disease outbreaks, such as the COVID-19 pandemic or similar public health threats, and measures implemented to combat them; and other factors, including those expressed as risk factors, disclosed from time to time in filings made by Mercantile with the Securities and Exchange Commission. Mercantile undertakes no obligation to update or clarify forward-looking statements, whether as a result of new information, future events or otherwise. Investors are cautioned not to place undue reliance on any forward-looking statements contained herein.
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SOURCE Mercantile Bank Corporation
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