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
1.07B
Market cap1.07B
Price-Earnings ratio
10.79
Price-Earnings ratio10.79
Dividend yield
2.51%
Dividend yield2.51%
Average volume
130.83K
Average volume130.83K
High today
High today
Low today
Low today
Open price
$61.79
Open price$61.79
Volume
0.00
Volume0.00
52 Week high
$62.39
52 Week high$62.39
52 Week low
$42.75
52 Week low$42.75

Stock Snapshot

The current Mercantile Bank(MBWM) stock price is $61.40, with a market capitalization of 1.07B. The stock trades at a price-to-earnings (P/E) ratio of 10.79 and offers a dividend yield of 2.51%.

On 2026-08-14, Mercantile Bank(MBWM) stock opened at $61.79, reached a high of —, and a low of —.

The Mercantile Bank(MBWM)'s current trading volume is 0, compared to an average daily volume of 130.83K.

In the last year, Mercantile Bank(MBWM) shares hit a 52-week high of $62.39 and a 52-week low of $42.75.

In the last year, Mercantile Bank(MBWM) shares hit a 52-week high of $62.39 and a 52-week low of $42.75.

Analyst ratings

67%

of 6 ratings
Buy
33.3%
Hold
66.7%
Sell
0%

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