MBWM
MERCANTILE BANK CORP
NASDAQ · Financial Services · Banks - Regional · US
$60.03
−0.58%Price chart
Aug 19Aug 24Aug 27Sep 1Sep 4Sep 10Sep 15Sep 18
Key dataSep 18, 2026
Open$60.15
From 52W high−3.40%
Volume214842.00
Market cap$1.04B
P/E (TTM)10.6x
P/S (TTM)2.7x
Div yield2.60%
Key dataSep 18, 2026
Open
$60.15
From 52W high
−3.40%
Volume
214842.00
Market cap
$1.04B
ValuationView details →
P/E (Fwd)
10.9x
EV/EBITDA
4.5x
P/E (TTM)
10.6x
RSI (14)
43.3
MomentumView details →
1D Return
−0.58%
YTD Return
+23.36%
SummaryUpdated Jun 1, 2026
Mercantile Bank Corporation (NASDAQ:MBWM) is a regional bank holding company founded in 1997 and incorporated in Michigan. The company operates through its primary subsidiary, Mercantile Bank of Michigan, which has been serving small- to medium-sized businesses and individual customers since going public in 1999. Headquartered in Grand Rapids, Michigan, Mercantile operates 44 banking offices across the state and has established itself as a community-focused financial institution with approximately $6.1 billion in total assets as of 2024.
Similar companies
Latest newsMore news →
Mercantile Bank completed its acquisition of Eastern Michigan, contributing to stronger deposits, improved liquidity and a stable net interest margin.61d agoMercantile Bank Corporation reported net income of $25.9 million for the second quarter of 2026.61d agoMercantile Bank Corporation's Board of Directors declared a regular quarterly cash dividend of $0.40 per common share.61d ago