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
870.13M
Market cap870.13M
Price-Earnings ratio
9.13
Price-Earnings ratio9.13
Dividend yield
3.00%
Dividend yield3.00%
Average volume
117.15K
Average volume117.15K
High today
$50.58
High today$50.58
Low today
$49.75
Low today$49.75
Open price
$50.22
Open price$50.22
Volume
10.68K
Volume10.68K
52 Week high
$55.77
52 Week high$55.77
52 Week low
$37.76
52 Week low$37.76

Stock Snapshot

Mercantile Bank(MBWM) stock is priced at $50.38, giving the company a market capitalization of 870.13M. It carries a P/E multiple of 9.13 and pays a dividend yield of 3.0%.

As of 2026-03-16, Mercantile Bank(MBWM) stock has fluctuated between $49.75 and $50.58. The current price stands at $50.38, placing the stock +1.3% above today's low and -0.4% off the high.

Mercantile Bank(MBWM) shares are trading with a volume of 10.68K, against a daily average of 117.15K.

In the last year, Mercantile Bank(MBWM) shares hit a 52-week high of $55.77 and a 52-week low of $37.76.

In the last year, Mercantile Bank(MBWM) shares hit a 52-week high of $55.77 and a 52-week low of $37.76.

MBWM News

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Tamilnad Mercantile Bank Limited ( (IN:TMB) ) has provided an announcement. Tamilnad Mercantile Bank has notified the stock exchanges that its representatives...

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