Mercantile Bank 

$53.1
29
+$1.12+2.15% Today

Statistics

Day High
53.24
Day Low
52.23
52W High
54.6
52W Low
37.76
Volume
9,302
Avg. Volume
87,875
Mkt Cap
0
P/E Ratio
8.34
Dividend Yield
3%
Dividend
1.59

Upcoming

Dividends

3%Dividend Yield
Dec 25
$0.38
Sep 25
$0.38
Jun 25
$0.37
Mar 25
$0.37
Dec 24
$0.36
10Y Growth
8.98%
5Y Growth
5.74%
3Y Growth
5.2%
1Y Growth
4%

Earnings

21AprExpected
Q3 2024
Q4 2024
Q1 2025
Q2 2025
Q3 2025
Q4 2025
Next
1.14
1.25
1.35
1.46
Expected EPS
1.2525
Actual EPS
N/A

Financials

32.11%Profit Margin
Profitable
2017
2018
2019
2020
2021
2022
190.14MRevenue
61.06MNet Income

Analyst Ratings

$55.50Average Price Target
The highest estimate is 57.00.
From 2 ratings within the last 6 months. This is not an investment recommendation.
Buy
100%
Hold
0%
Sell
0%

People Also Follow

This list is based on the watchlists of people on Stock Events who follow MBWM. It's not an investment recommendation.

Competitors

This list is an analysis based on recent market events. It's not an investment recommendation.

About

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner-occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, it provides courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 22 automated teller machines and 19 video banking machines. As of January 18, 2022, the company operated 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
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CEO
Mr. Raymond E. Reitsma
Employees
662
Country
US
ISIN
US5873761044

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FAQ

What is Mercantile Bank stock price today?
The current price of MBWM is $53.1 USD — it has increased by +2.15% in the past 24 hours. Watch Mercantile Bank stock price performance more closely on the chart.
What is Mercantile Bank stock ticker?
Depending on the exchange, the stock ticker may vary. For instance, on exchange Mercantile Bank stocks are traded under the ticker MBWM.
Is Mercantile Bank stock price growing?
MBWM stock has risen by +4.27% compared to the previous week, the month change is a +11.74% rise, over the last year Mercantile Bank has showed a +8.99% increase.
When is the next Mercantile Bank earnings date?
Mercantile Bank is going to release the next earnings report on April 21, 2026.
What were Mercantile Bank earnings last quarter?
MBWM earnings for the last quarter are 1.4 USD per share, whereas the estimation was 1.34 USD resulting in a +4.32% surprise. The estimated earnings for the next quarter are N/A USD per share.
What is Mercantile Bank revenue for the last year?
Mercantile Bank revenue for the last year amounts to 190.14M USD.
What is Mercantile Bank net income for the last year?
MBWM net income for the last year is 61.06M USD.
Does Mercantile Bank pay dividends?
Yes, MBWM dividends are paid quarterly. The last dividend per share was 0.38 USD. As of today, Dividend Yield (FWD)% is 3%.
How many employees does Mercantile Bank have?
As of February 02, 2026, the company has 662 employees.
In which sector is Mercantile Bank located?
Mercantile Bank operates in the Financials sector.
When did Mercantile Bank complete a stock split?
Mercantile Bank has not had any recent stock splits.
Where is Mercantile Bank headquartered?
Mercantile Bank is headquartered in Grand Rapids, US.