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Mercantile Bank Corporation (MBWM)

$52.32

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Key data on MBWM

Market cap

$850388352

EPS

5.26

P/E ratio

10.2

Price to sales

3.76

Dividend yield

2.982%

Beta

0.90104

Price on MBWM

Previous close

$54.12

Today's open

$54.72

Day's range

$51.83 - $54.72

52 week range

$37.76 - $55.77

Profile about MBWM

CEO

Robert B. Kaminski

Employees

685

Headquarters

Grand Rapids, MI

Exchange

Nasdaq Global Select

Shares outstanding

16253600

Issue type

Common Stock

MBWM industries and sectors

Finance

Banking

News on MBWM

Mercantile Bank (MBWM) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Mercantile Bank (MBWM) have what it takes?

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Zacks Investment Research • Feb 9, 2026

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Mercantile Bank: Excellent Underwriting And Expanding Margins

Mercantile Bank is initiated with a "Buy" rating, targeting an 11% upside to a $59 fair value plus a 2.9% dividend yield. MBWM's Q4 earnings beat, robust credit quality, and the Eastern Michigan Bank acquisition expand its Michigan footprint and balance sheet liquidity. Loan growth is guided at 5%-7% for 2024, with NIM expansion expected from improved deposit mix and asset repricing, even amid anticipated Fed rate cuts.

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Seeking Alpha • Jan 22, 2026

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Mercantile Bank Corporation Announces Strong Fourth Quarter and Full-Year 2025 Results

Increases in net interest income and certain noninterest income categories,  sustained strength in asset quality metrics and capital levels, and acquisition  of Eastern Michigan Financial Corporation highlight the year GRAND RAPIDS, Mich., Jan. 20, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $22.8 million, or $1.40 per diluted share, for the fourth quarter of 2025, compared with net income of $19.6 million, or $1.22 per diluted share, for the respective prior-year period.

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PRNewsWire • Jan 20, 2026

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Mercantile Bank Corporation (MBWM) Q4 2025 Earnings Call Transcript

Mercantile Bank Corporation (MBWM) Q4 2025 Earnings Call Transcript

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Seeking Alpha • Jan 20, 2026

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Mercantile Bank Corporation Increases Regular Cash Dividend

Board declares $0.39 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.1% percent GRAND RAPIDS, Mich., Jan. 20, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on January 15, 2026, its Board of Directors declared a regular quarterly cash dividend of $0.39 per common share, payable on March 18, 2026, to holders of record as of March 6, 2026.

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PRNewsWire • Jan 20, 2026

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Mercantile Bank (MBWM) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Mercantile Bank (MBWM) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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Zacks Investment Research • Jan 21, 2026

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Seeking Clues to Mercantile Bank (MBWM) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Evaluate the expected performance of Mercantile Bank (MBWM) for the quarter ended December 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

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Zacks Investment Research • Jan 14, 2026

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Mercantile Bank (MBWM) Reports Next Week: Wall Street Expects Earnings Growth

Mercantile Bank (MBWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Zacks Investment Research • Jan 13, 2026

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Mercantile Bank Corporation Announces Completion of Merger with Eastern Michigan Financial Corporation

GRAND RAPIDS, Mich., Dec. 31, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today the completion of its previously announced merger with Eastern Michigan Financial Corporation ("Eastern").

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PRNewsWire • Dec 31, 2025

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Mercantile Bank Corporation Announces Fourth Quarter and Full Year 2025 Results Conference Call and Webcast

GRAND RAPIDS, Mich., Dec. 29, 2025 /PRNewswire/ --  Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.

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PRNewsWire • Dec 29, 2025

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