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
770
Employees770
Headquarters
Grand Rapids, Michigan
HeadquartersGrand Rapids, Michigan
Founded
1997
Founded1997
Employees
770
Employees770

MBWM Key Statistics

Market cap
979.47M
Market cap979.47M
Price-Earnings ratio
9.84
Price-Earnings ratio9.84
Dividend yield
2.79%
Dividend yield2.79%
Average volume
105.16K
Average volume105.16K
High today
$55.34
High today$55.34
Low today
$54.05
Low today$54.05
Open price
$54.25
Open price$54.25
Volume
34.98K
Volume34.98K
52 Week high
$55.34
52 Week high$55.34
52 Week low
$37.76
52 Week low$37.76

Stock Snapshot

With a market cap of 979.47M, Mercantile Bank(MBWM) trades at $55.11. The stock has a price-to-earnings ratio of 9.84 and currently yields dividends of 2.8%.

On 2026-02-04, Mercantile Bank(MBWM) stock moved within a range of $54.05 to $55.34. With shares now at $55.11, the stock is trading +2.0% above its intraday low and -0.4% below the session's peak.

Trading activity shows a volume of 34.98K, compared to an average daily volume of 105.16K.

Over the past 52 weeks, Mercantile Bank(MBWM) stock has traded between a high of $55.34 and a low of $37.76.

Over the past 52 weeks, Mercantile Bank(MBWM) stock has traded between a high of $55.34 and a low of $37.76.

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