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
648
Employees648
Headquarters
Grand Rapids, Michigan
HeadquartersGrand Rapids, Michigan
Founded
1997
Founded1997
Employees
648
Employees648

MBWM Key Statistics

Market cap
808.13M
Market cap808.13M
Price-Earnings ratio
9.22
Price-Earnings ratio9.22
Dividend yield
3.08%
Dividend yield3.08%
Average volume
101.95K
Average volume101.95K
High today
High today
Low today
Low today
Open price
$48.74
Open price$48.74
Volume
0.00
Volume0.00
52 Week high
$51.89
52 Week high$51.89
52 Week low
$37.76
52 Week low$37.76

Stock Snapshot

With a market cap of 808.13M, Mercantile Bank(MBWM) trades at $49.72. The stock has a price-to-earnings ratio of 9.22 and currently yields dividends of 3.1%.

On 2026-01-15, Mercantile Bank(MBWM) shares started trading at $48.74, with intraday highs of — and lows of —.

Trading activity shows a volume of 0, compared to an average daily volume of 101.95K.

Over the past 52 weeks, Mercantile Bank(MBWM) stock has traded between a high of $51.89 and a low of $37.76.

Over the past 52 weeks, Mercantile Bank(MBWM) stock has traded between a high of $51.89 and a low of $37.76.

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