Mercantile Bank 

$54.33
45
-$0.88-1.59% Today

Statistics

Day High
55.57
Day Low
54.19
52W High
55.77
52W Low
42.69
Volume
2,302,860
Avg. Volume
-
Mkt Cap
0
P/E Ratio
9.45
Dividend Yield
2.83%
Dividend
1.54

Upcoming

Dividends

2.83%Dividend Yield
Jun 26
$0.39
Mar 26
$0.39
Dec 25
$0.38
Sep 25
$0.38
Jun 25
$0.37
10Y Growth
8.98%
5Y Growth
5.74%
3Y Growth
5.2%
1Y Growth
4%

Earnings

21JulExpected
Q4 2024
Q1 2025
Q2 2025
Q3 2025
Q4 2025
Q1 2026
Next
1.14
1.25
1.35
1.46
Expected EPS
1.325
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 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.
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CEO
Mr. Raymond E. Reitsma
Employees
662
Country
United States
ISIN
US5873761044

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FAQ

What is Mercantile Bank stock price today?
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.