Mercantile Bank Corporation (MBWM)

Mercantile Bank Corporation is the holding company for Mercantile Bank, a commercial-focused community bank serving Michigan, particularly the Grand Rapids and western Michigan markets. It provides business and personal banking, including commercial real estate and C&I lending, deposits, and related treasury services. The franchise emphasizes local decision-making and long-term relationships with mid-market companies and individuals.

Market
Nasdaq
Sector
Financial Services
Trend
Strong uptrend
Last close
62.14 (+0.66% on the day)
MA50
59.4
MA200
52.72
52-week range
42.16–62.14
Market cap
1B USD
P/E
10.5
Dividend yield
2.56%
Data as of
2026-09-04
Quarterly revenue and earnings, millions
QuarterRevenueYoY %EarningsYoY %
Q2 202560.922.619.9%
Q3 202562.423.820.7%
Q4 202562.122.816%
Q1 202667.622.715.5%
Q2 202668.812.8%25.914.6%

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