Mercantile Bank

YTD

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.

CEO

Raymond E. Reitsma

CEORaymond E. Reitsma

Employees

648

Employees648

Headquarters

Grand Rapids, Michigan

HeadquartersGrand Rapids, Michigan

Founded

1997

Founded1997

Employees

648

Employees648

MBWM Key Statistics

Market cap

804.96M

Market cap804.96M

Price-Earnings ratio

9.33

Price-Earnings ratio9.33

Dividend yield

3.11%

Dividend yield3.11%

Average volume

59.00K

Average volume59.00K

High today

$49.62

High today$49.62

Low today

$47.19

Low today$47.19

Open price

$47.19

Open price$47.19

Volume

80.64K

Volume80.64K

52 Week high

$52.98

52 Week high$52.98

52 Week low

$37.76

52 Week low$37.76

MBWM News

Simply Wall St 3d

Dividend Stocks To Consider In August 2025

As the U.S. stock market navigates a period of mixed signals, with the S&P 500 and Nasdaq experiencing declines while the Dow touches record highs, investors ar...

TipRanks 4d

Director’s Bold Move: A Major Investment in Mercantile Bank

New insider activity at Mercantile Bank ( (MBWM) ) has taken place on August 19, 2025. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50...

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.