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
885.51M
Market cap885.51M
Price-Earnings ratio
9.20
Price-Earnings ratio9.20
Dividend yield
2.96%
Dividend yield2.96%
Average volume
119.69K
Average volume119.69K
High today
$51.65
High today$51.65
Low today
$50.48
Low today$50.48
Open price
$50.49
Open price$50.49
Volume
137.54K
Volume137.54K
52 Week high
$55.77
52 Week high$55.77
52 Week low
$41.35
52 Week low$41.35

Stock Snapshot

The current Mercantile Bank(MBWM) stock price is $51.31, with a market capitalization of 885.51M. The stock trades at a price-to-earnings (P/E) ratio of 9.20 and offers a dividend yield of 3.0%.

On 2026-05-01, Mercantile Bank(MBWM) stock traded between a low of $50.48 and a high of $51.65. Shares are currently priced at $51.31, which is +1.6% above the low and -0.7% below the high.

The Mercantile Bank(MBWM)'s current trading volume is 137.54K, compared to an average daily volume of 119.69K.

During the past year, Mercantile Bank(MBWM) stock moved between $41.35 at its lowest and $55.77 at its peak.

During the past year, Mercantile Bank(MBWM) stock moved between $41.35 at its lowest and $55.77 at its peak.

Analyst ratings

50%

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

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