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
872.73M
Market cap872.73M
Price-Earnings ratio
9.74
Price-Earnings ratio9.74
Dividend yield
2.85%
Dividend yield2.85%
Average volume
125.64K
Average volume125.64K
High today
$50.70
High today$50.70
Low today
$49.90
Low today$49.90
Open price
$50.63
Open price$50.63
Volume
19.04K
Volume19.04K
52 Week high
$55.77
52 Week high$55.77
52 Week low
$41.17
52 Week low$41.17

Stock Snapshot

As of today, Mercantile Bank(MBWM) shares are valued at $50.52. The company's market cap stands at 872.73M, with a P/E ratio of 9.74 and a dividend yield of 2.9%.

On 2026-04-23, Mercantile Bank(MBWM) stock moved within a range of $49.90 to $50.70. With shares now at $50.52, the stock is trading +1.3% above its intraday low and -0.4% below the session's peak.

Trading volume for Mercantile Bank(MBWM) stock has reached 19.04K, versus its average volume of 125.64K.

Over the past 52 weeks, Mercantile Bank(MBWM) stock has traded between a high of $55.77 and a low of $41.17.

Over the past 52 weeks, Mercantile Bank(MBWM) stock has traded between a high of $55.77 and a low of $41.17.

MBWM News

TipRanks 1d
Mercantile Bank price target raised to $60 from $57 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on Mercantile Bank (MBWM) to $60 from $57 and keeps an Outperform rating on the shares. Unlock hedge fund-level d...

TipRanks 2d
Mercantile Bank Signals Constructive Outlook After Earnings Call

Mercantile Bank ((MBWM)) has held its Q1 earnings call. Read on for the main highlights of the call. Claim 30% Off TipRanks Unlock hedge fund-level data and pow...

Nasdaq 2d
Mercantile Bank Q1 2026 Earnings Transcript

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Mercantile Bank Q1 2026 Earnings Transcript

Analyst ratings

50%

of 6 ratings
Buy
50%
Hold
50%
Sell
0%

More MBWM News

TipRanks 2d
Mercantile Bank Posts Strong First-Quarter 2026 Earnings Growth

Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of mark...

Nasdaq 2d
Mercantile Bank Q1 Earnings and Revenues Beat Estimates

Mercantile Bank (MBWM) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings o...

Mercantile Bank Q1 Earnings and Revenues Beat Estimates
Nasdaq 2d
Mercantile Bank Q1 Earnings Rise

(RTTNews) - Mercantile Bank Corp. (MBWM), on Tuesday reported its first quarter increased in the previous year. Higher earnings were driven by growth in net int...

Mercantile Bank Q1 Earnings Rise
Nasdaq 2d
Mercantile Bank Reports Increase In Q1 Bottom Line

(RTTNews) - Mercantile Bank (MBWM) revealed earnings for its first quarter that Increased, from last year The company's earnings came in at $22.69 million, or...

Mercantile Bank Reports Increase In Q1 Bottom Line

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