MBWM
Mercantile Bank Corporation
NASDAQ · Financial Services · Banks - Regional · US
$62.14
+0.66%Price chart
Aug 6Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4
ValuationView details →
P/E (Fwd)
11.3x
EV/EBITDA
4.9x
Market Cap
$1.07B
MomentumView details →
1D Return
+0.66%
YTD Return
+29.36%
RSI (14)
63.4
ValuationView details →
P/E (Fwd)
11.3x
EV/EBITDA
4.9x
Market Cap
$1.07B
RSI (14)
63.4
MomentumView details →
1D Return
+0.66%
YTD Return
+29.36%
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.45d agoMercantile Bank Corporation reported net income of $25.9 million for the second quarter of 2026.46d agoMercantile Bank Corporation's Board of Directors declared a regular quarterly cash dividend of $0.40 per common share.46d ago