Mercantile Bank

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About MBWM

Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. It offers checking and savings accounts, credit and debit cards, mobile and Internet banking, business loans, mobile wallet, health savings account, and treasury management services. 

CEO
Raymond E. Reitsma
CEORaymond E. Reitsma
Employees
744
Employees744
Headquarters
Grand Rapids, Michigan
HeadquartersGrand Rapids, Michigan
Founded
1997
Founded1997
Employees
744
Employees744

MBWM Key Statistics

Market cap
1.05B
Market cap1.05B
Price-Earnings ratio
10.89
Price-Earnings ratio10.89
Dividend yield
2.55%
Dividend yield2.55%
Average volume
136.59K
Average volume136.59K
High today
$61.46
High today$61.46
Low today
$59.56
Low today$59.56
Open price
$60.09
Open price$60.09
Volume
179.92K
Volume179.92K
52 Week high
$62.95
52 Week high$62.95
52 Week low
$42.88
52 Week low$42.88

Stock Snapshot

As of today, Mercantile Bank(MBWM) shares are valued at $61.00. The company's market cap stands at 1.05B, with a P/E ratio of 10.89 and a dividend yield of 2.55%.

On 2026-10-24, Mercantile Bank(MBWM) stock moved within a range of $59.56 to $61.46. With shares now at $61.00, the stock is trading +2.4% above its intraday low and -0.7% below the session's peak.

Trading volume for Mercantile Bank(MBWM) stock has reached 179.92K, versus its average volume of 136.59K.

The stock's 52-week range extends from a low of $42.88 to a high of $62.95.

The stock's 52-week range extends from a low of $42.88 to a high of $62.95.

MBWM News

Simply Wall St 2d
Did Raised Dividend Just Shift Mercantile Bank's Investment Narrative?

Mercantile Bank reported Q3 2026 net interest income of US$60.9 million and net income of US$24.07 million, alongside an increased quarterly dividend of US$0.40...

TipRanks 4d
Mercantile Bank price target raised to $65 from $64 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on Mercantile Bank (MBWM) to $65 from $64 and keeps an Outperform rating on the shares. Published first on TheFly...

TipRanks 4d
Mercantile Bank Earnings Call Highlights Margin-Driven Upside

Mercantile Bank ((MBWM)) has held its Q3 earnings call. Read on for the main highlights of the call. Mercantile Bank’s latest earnings call struck a broadly upb...

Analyst ratings

67%

of 6 ratings
Buy
33.3%
Hold
66.7%
Sell
0%

More MBWM News

The Motley Fool 4d
Mercantile Bank: 3 Key Takeaways for Long-Term Investors

On its third quarter of 2026 earnings call, held on Oct. 20, 2026, Mercantile Bank (MBWM +1.06%) reported net income of $24.1 million, or $1.39 per diluted shar...

Mercantile Bank: 3 Key Takeaways for Long-Term Investors
TipRanks 4d
Mercantile Bank posts strong third-quarter 2026 results

Mercantile Bank ( (MBWM) ) has issued an update. Mercantile Bank Corporation reported robust third quarter 2026 results on October 20, 2026, with net income of...

Simply Wall St 5d
Mercantile Bank, What Is Behind The Latest Attention?

Mercantile Bank (MBWM) just released third quarter 2026 results, reporting net interest income of US$60.9 million and net income of US$24.07 million, while earn...

Mercantile Bank, What Is Behind The Latest Attention?
Zacks 5d
Mercantile Bank Q3 Earnings and Revenues Surpass Estimates

Mercantile Bank (MBWM Quick QuoteMBWM - Free Report) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.35 pe...

Mercantile Bank Q3 Earnings and Revenues Surpass Estimates
TipRanks 5d
Mercantile Bank reports Q3 EPS $1.39, consensus $1.35

Reports Q3 revenue $73.2M, consensus $70.84M. Reports Q3 tangible book value per share $37.81.”Our financial performance metrics remained strong during the thir...

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