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Mercantile Bank Corporation (MBWM)

$53.89

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Key data on MBWM

Market cap

$930916069

EPS

5.58

P/E ratio

9.2

Price to sales

3.54

Dividend yield

2.895%

Beta

0.813323

Price on MBWM

Previous close

$53.03

Today's open

$53.23

Day's range

$53.23 - $54.49

52 week range

$42.17 - $55.77

Profile about MBWM

CEO

Robert B. Kaminski

Employees

685

Headquarters

Grand Rapids, MI

Exchange

Nasdaq Global Select

Shares outstanding

17274375

Issue type

Common Stock

MBWM industries and sectors

Finance

Banking

News on MBWM

Mercantile Bank Corporation (MBWM) Shareholder/Analyst Call Prepared Remarks Transcript

Mercantile Bank Corporation (MBWM) Shareholder/Analyst Call Prepared Remarks Transcript

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Seeking Alpha • May 21, 2026

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Mercantile Bank Corporation (MBWM) Q1 2026 Earnings Call Transcript

Mercantile Bank Corporation (MBWM) Q1 2026 Earnings Call Transcript

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Seeking Alpha • Apr 21, 2026

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Mercantile Bank Corporation Declares Regular Cash Dividend

Board of Directors declares $0.39 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 2.9% percent  GRAND RAPIDS, Mich., April 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 16, 2026, its Board of Directors declared a regular quarterly cash dividend of $0.39 per common share, payable on June 17, 2026, to holders of record as of June 5, 2026.

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PRNewsWire • Apr 21, 2026

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Mercantile Bank Corporation Announces Solid First Quarter 2026 Results

Growth in net interest income and key fee income categories with ongoing strength in asset quality measures and capital levels highlight the quarter GRAND RAPIDS, Mich., April 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $22.7 million, or $1.32 per diluted share, for the first quarter of 2026, compared with net income of $19.5 million, or $1.21 per diluted share, for the respective prior-year period.

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PRNewsWire • Apr 21, 2026

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Mercantile Bank (MBWM) Reports Q1 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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Zacks Investment Research • Apr 21, 2026

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Mercantile Bank (MBWM) Q1 Earnings and Revenues Beat Estimates

Mercantile Bank (MBWM) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.21 per share a year ago.

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Zacks Investment Research • Apr 21, 2026

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Mercantile Bank Corporation Announces First Quarter 2026 Results Conference Call and Webcast

GRAND RAPIDS, Mich., March 31, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.

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PRNewsWire • Mar 31, 2026

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Mercantile Bank Corporation Named Crain's Grand Rapids Business M&A Deal of the Year in Finance and Banking

GRAND RAPIDS, Mich., March 17, 2026 /PRNewswire/ -- Mercantile Bank Corporation ("Mercantile") has been recognized by Crain's Grand Rapids Business with a 2026 M&A Award for Deal of the Year in the Finance and Banking category.

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PRNewsWire • Mar 17, 2026

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This is Why Mercantile Bank (MBWM) is a Great Dividend Stock

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 25, 2026

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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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