Mercantile Bank
1D
1W
1M
3M
YTD
1Y
5Y
ALL
Why Robinhood?
Robinhood gives you the tools you need to put your money in motion. You can buy or sell MBWM and other ETFs, options, and stocks.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.
CEORaymond E. Reitsma
CEORaymond E. Reitsma
Employees648
Employees648
HeadquartersGrand Rapids, Michigan
HeadquartersGrand Rapids, Michigan
Founded1997
Founded1997
Employees648
Employees648
MBWM Key Statistics
Market cap808.45M
Market cap808.45M
Price-Earnings ratio9.39
Price-Earnings ratio9.39
Dividend yield2.99%
Dividend yield2.99%
Average volume70.90K
Average volume70.90K
High today$50.38
High today$50.38
Low today$49.63
Low today$49.63
Open price$49.85
Open price$49.85
Volume37.70K
Volume37.70K
52 Week high$51.89
52 Week high$51.89
52 Week low$37.76
52 Week low$37.76
Stock Snapshot
Mercantile Bank(MBWM) stock is priced at $49.74, giving the company a market capitalization of 808.45M. It carries a P/E multiple of 9.39 and pays a dividend yield of 3.0%.
As of 2025-12-15, Mercantile Bank(MBWM) stock has fluctuated between $49.63 and $50.38. The current price stands at $49.74, placing the stock +0.2% above today's low and -1.3% off the high.
Mercantile Bank(MBWM) shares are trading with a volume of 37.7K, against a daily average of 70.9K.
During the past year, Mercantile Bank(MBWM) stock moved between $37.76 at its lowest and $51.89 at its peak.
During the past year, Mercantile Bank(MBWM) stock moved between $37.76 at its lowest and $51.89 at its peak.
People also own
Based on the portfolios of people who own MBWM. This list is generated using Robinhood data, and it’s not a recommendation.