Mercantile Bank Corp MBWM

$61.15 +0.06 (0.10%)

Valuation

Market cap
1,056,063,000
Revenue TTM
$371,800,000
Net income TTM
$88,750,000
PE ratio
10.40
Forward PE
10.55
Profit margin
23.87%
Debt to equity
0.59

Trading

Volume
97,700
Avg volume
113,082
Day's range
$60.86 – $61.75
Shares out
17,287,000
Stochastic %K
87%
Beta
0.83
Analysts
Sell
Price target
$63.83

Price

Company profile

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 la...

Show more

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. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Industry
Banks - Regional
Sector
Financial Services
Phone
616 406 3000
Website
https://www.mercbank.com
Address
310 Leonard Street NW, Grand Rapids, United States

Latest news

Stocktwits

EarningsInsider Oct 20, 3:03 PM
https://www.marketbeat.com/earnings/reports/2026-10-20-mercantile-bank-co-stock/ $MBWM Mercantile Bank Earnings Transcript
0 replies
StocktwitsEarnings Oct 20, 12:00 PM
$MBWM Q3 '26 Earnings Results & Recap Mercantile Bank Corporation reported Q3 2026 net income of $24.1M and diluted EPS of $1.39; net interest income was $60.9M, net interest margin 3.73 percent, and noninterest income $12.3M.
0 replies
STRelativeStrength Sep 16, 1:50 PM
$MBWM undiscovered breakout with 114 watchers
0 replies
STRelativeStrength Sep 11, 1:50 PM
$MBWM undiscovered breakout with 114 watchers
0 replies
zero_vector Sep 8, 10:17 AM
$MBWM breaking out to all time high
0 replies
zero_vector Sep 3, 9:47 AM
$MBWM breaking out
0 replies
STRelativeStrength Jul 30, 3:36 PM
$MBWM undiscovered breakout with 114 watchers
0 replies
IN0V8 Jul 24, 4:00 PM
$MBWM Buy Raymond James raises target price to $65 from $59
0 replies