Mercantile Bank

1D
1W
1M
3M
YTD
1Y
5Y
ALL

Why Robinhood?

Robinhood gives you the tools you need to put your money in motion. You can buy or sell MBWM and other ETFs, options, and stocks.

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
1.06B
Market cap1.06B
Price-Earnings ratio
10.68
Price-Earnings ratio10.68
Dividend yield
2.54%
Dividend yield2.54%
Average volume
146.00K
Average volume146.00K
High today
$61.37
High today$61.37
Low today
$59.31
Low today$59.31
Open price
$61.37
Open price$61.37
Volume
62.52K
Volume62.52K
52 Week high
$62.39
52 Week high$62.39
52 Week low
$42.75
52 Week low$42.75

Stock Snapshot

The current Mercantile Bank(MBWM) stock price is $60.99, with a market capitalization of 1.06B. The stock trades at a price-to-earnings (P/E) ratio of 10.68 and offers a dividend yield of 2.54%.

On 2026-08-07, Mercantile Bank(MBWM) stock traded between a low of $59.31 and a high of $61.37. Shares are currently priced at $60.99, which is +2.8% above the low and -0.6% below the high.

The Mercantile Bank(MBWM)'s current trading volume is 62.52K, compared to an average daily volume of 146K.

In the last year, Mercantile Bank(MBWM) shares hit a 52-week high of $62.39 and a 52-week low of $42.75.

In the last year, Mercantile Bank(MBWM) shares hit a 52-week high of $62.39 and a 52-week low of $42.75.

MBWM News

Simply Wall St 4d
Is Mercantile Bank Fully Valued After Strong Earnings And A Higher Dividend?

Advertisement Mercantile Bank earnings and dividend move come into focus Mercantile Bank (MBWM) is back on investor radars after its second quarter earnings u...

Is Mercantile Bank Fully Valued After Strong Earnings And A Higher Dividend?

Analyst ratings

67%

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

People also own

Based on the portfolios of people who own MBWM. This list is generated using Robinhood data, and it’s not a recommendation.

Similar Marketcap

This list is generated by looking at the six larger and six smaller companies by market cap in relation to this company.

Popular Stocks

This list is generated by looking at the top 100 stocks and ETFs most commonly held by Robinhood customers and showing a random subset

Newly Listed

This list is generated by showing companies that recently went public.

All investments involve risks, including the loss of principal. Securities trading offered through Robinhood Financial LLC, Member SIPC and a registered broker-dealer. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.