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
984.47M
Market cap984.47M
Price-Earnings ratio
10.23
Price-Earnings ratio10.23
Dividend yield
2.70%
Dividend yield2.70%
Average volume
149.22K
Average volume149.22K
High today
$57.14
High today$57.14
Low today
$56.06
Low today$56.06
Open price
$56.48
Open price$56.48
Volume
93.31K
Volume93.31K
52 Week high
$59.71
52 Week high$59.71
52 Week low
$42.75
52 Week low$42.75

Stock Snapshot

As of today, Mercantile Bank(MBWM) shares are valued at $57.02. The company's market cap stands at 984.47M, with a P/E ratio of 10.23 and a dividend yield of 2.70%.

During the trading session on 2026-07-13, Mercantile Bank(MBWM) shares reached a daily high of $57.14 and a low of $56.06. At a current price of $57.02, the stock is +1.7% higher than the low and still -0.2% under the high.

Trading activity shows a volume of 93.31K, compared to an average daily volume of 149.22K.

The stock's 52-week range extends from a low of $42.75 to a high of $59.71.

The stock's 52-week range extends from a low of $42.75 to a high of $59.71.

Analyst ratings

50%

of 6 ratings
Buy
50%
Hold
50%
Sell
0%

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