Mercantile Bank
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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 cap808.13M
Market cap808.13M
Price-Earnings ratio9.22
Price-Earnings ratio9.22
Dividend yield3.08%
Dividend yield3.08%
Average volume101.95K
Average volume101.95K
High today—
High today—
Low today—
Low today—
Open price$48.74
Open price$48.74
Volume0.00
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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