Mercantile Bank Corporation serves as the parent holding company for Mercantile Bank of Michigan, providing a full spectrum of commercial and personal banking solutions to small and mid-sized businesses, as well as individual customers, across the United States. The institution facilitates a diverse range of deposit offerings, including checking, savings, term certificates, time deposits, and certificates of deposit (CDs). Its extensive lending portfolio encompasses commercial and industrial financing; loans for vacant land, property development, and new home construction; mortgages for both owner-occupied and investment real estate (such as multi-family and rental properties); single-family residential loans; home equity lines of credit (HELOCs); and various consumer loans, including funding for new and pre-owned vehicles, watercraft, credit cards, and overdraft protection, alongside residential mortgage and installment options. Beyond core banking, Mercantile Bank supplies additional conveniences like courier services and secure deposit boxes. It also markets a comprehensive array of insurance policies, such as coverage for private auto, homeowners, personal inland marine, boat owners, recreational vehicles, dwelling fire, umbrella liability, small business needs, and life insurance. The bank's infrastructure further includes 22 automated teller machines (ATMs) and 19 video banking machines. As of January 18, 2022, the company maintained 44 branch locations. Established in 1997, Mercantile Bank Corporation's main office is situated in Grand Rapids, Michigan.
The current price of MBWM is $54.33 USD — it has decreased by -1.59% 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 +2.47% compared to the previous week, the month change is a +8.96% rise, over the last year Mercantile Bank has showed a +24.86% increase.
When is the next Mercantile Bank earnings date?▼
Mercantile Bank is going to release the next earnings report on July 21, 2026.
What were Mercantile Bank earnings last quarter?▼
MBWM earnings for the last quarter are 1.32 USD per share, whereas the estimation was 1.26 USD resulting in a +5.04% 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 0.39 USD. As of today, Dividend Yield (FWD)% is 2.83%.
How many employees does Mercantile Bank have?▼
As of June 15, 2026, the company has 662 employees.
In which sector is Mercantile Bank located?▼
Mercantile Bank operates in the Finance & Payments 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, United States.