Mercantile Bank Corp · Brief

Next report

76 days

Jan 19 · before openest.Q4 FY26

Expected move

No implied move.

8 reportsHistory

0 of 8≥ implied

Jan 21 '25±8.9%▲+5.77%×0.65

Apr 22 '25±12.5%▲+3.50%×0.28

Jul 22 '25±8.2%▼−1.83%×0.22

Oct 21 '25±7.9%▲+0.63%×0.08

Jan 20 '26±8.5%▲+0.78%×0.09

Q1 FY26±8.1%▼−3.44%×0.42

Q2 FY26±7.4%▲+3.50%×0.48

Q3 FY26±7.6%▲+1.06%×0.14

quarterimplied−15%0+15%realized×

Q3 FY26±7.6%▲+1.06%×0.14

Q2 FY26±7.4%▲+3.50%×0.48

Q1 FY26±8.1%▼−3.44%×0.42

Jan '26±8.5%▲+0.78%×0.09

Oct '25±7.9%▲+0.63%×0.08

Jul '25±8.2%▼−1.83%×0.22

2 older reports

Apr '25±12.5%▲+3.50%×0.28

Jan '25±8.9%▲+5.77%×0.65

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Jan 19 report · est.

Bull2

204managers reporting a position in the latest quarterly filings13F · Jun 30 '26

8 of 8recent reports where the move came in under the options implied rangeEarnings history

Bear2

4tracked funds holding MBWMN-PORT · Aug 31 '26

9 of 22of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

AI captions · Oct 26 '26once per report · top 2 per case

MBWM report session

No linked exposure.

Oct 6impliedImplied move: ±7.7% into Oct 20 earnings (Oct 6 close).Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.