Mercantile Bank Corporation (MBWM)
Nasdaq · Financial Services · Banks - Regional
$59.09−0.69%as of Oct 6, 2026, 4:35 AM ET
- Market cap
- $1.0B
- P/E (trailing)
- 10.4
- Forward P/E
- 10.3
- Dividend yield
- 2.6%
- 52-week range
- $42.75 – $62.95
- 52-week change
- +31.23%
- EPS (trailing)
- $5.69
- Analyst rating
- 2.7 Hold
- Next earnings
- Oct 20, 2026
Fiscal year to Dec 2025
- Net income
- $88.8M
- Diluted EPS
- $5.47
From the company’s annual report on SEC EDGAR.
About Mercantile Bank Corporation
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, the company offers courier services and safe deposit boxes; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products.
Headquarters: Grand Rapids, United States · 827 employees · mercbank.com