57.02

0.74% 0.42

After Hours: 56.99 -0.03 -0.05%

Mercantile Bank Corp (MBWM)

Overview News Price History Option Chain Financials Discussions Forecast Stock Split Dividend History

Mercantile Bank Corp stock is traded at $57.02, with a volume of 93,915. It is up +0.74% in the last 24 hours and up +4.85% over the past month. Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.

Previous Close:

$56.60

Open:

$56.48

24h Volume:

93,915

Relative Volume:

0.74

Market Cap:

$984.98M

Revenue:

$379.88M

Net Income/Loss:

$91.90M

P/E Ratio:

10.23

EPS:

5.5752

Net Cash Flow:

$43.09M

1W Performance:

-1.37%

1M Performance:

+4.85%

6M Performance:

+16.51%

1Y Performance:

+14.22%

1-Day Range:

$56.06

$57.14

1-Week Range:

$55.26

$58.67

52-Week Range:

$42.75

$59.71

Mercantile Bank Corp Stock (MBWM) Company Profile

Name

Mercantile Bank Corp

Sector

Financial (5929)

Industry

Banks - Regional (339)

Phone

616 406-3000

Address

310 LEONARD STREET NW, GRAND RAPIDS, MI

Employee

786

Twitter

@mercbank

Next Earnings Date

2026-07-21

Latest SEC Filings

MBWM's Discussions on Twitter

Compare MBWM vs HDB, MFG, IBN, PNC, USB

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
MBWM Mercantile Bank Corp	57.02	984.98M	379.88M	91.90M	43.09M	5.5752
HDB Hdfc Bank Ltd Adr	26.51	136.10B	56.15B	8.95B	11.69B	2.0407
MFG Mizuho Financial Group Inc Adr	10.48	127.67B	56.73B	8.35B	0	0.67
IBN Icici Bank Ltd Adr	29.00	104.01B	35.30B	6.56B	9.52B	1.6921
PNC Pnc Financial Services Group Inc	251.91	101.16B	34.59B	7.23B	9.42B	17.22
USB U S Bancorp	62.41	97.22B	43.41B	7.78B	9.60B	4.7741

Mercantile Bank Corp Stock (MBWM) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Mar-25-26	Initiated	Stephens	Equal-Weight
Dec-18-25	Reiterated	Hovde Group	Outperform
Jul-24-25	Upgrade	Raymond James	Mkt Perform → Outperform
Jan-22-25	Upgrade	Hovde Group	Market Perform → Outperform
May-08-24	Downgrade	Janney	Buy → Neutral
Mar-04-24	Downgrade	Hovde Group	Outperform → Market Perform
Jan-16-24	Upgrade	Janney	Neutral → Buy
Mar-07-23	Upgrade	Piper Sandler	Neutral → Overweight
Jan-18-23	Downgrade	Raymond James	Outperform → Mkt Perform
Oct-06-22	Downgrade	Raymond James	Strong Buy → Outperform
Jul-28-22	Upgrade	Hovde Group	Market Perform → Outperform
Mar-02-22	Upgrade	Raymond James	Outperform → Strong Buy
Jan-19-22	Upgrade	Raymond James	Mkt Perform → Outperform
Mar-01-18	Upgrade	Keefe Bruyette	Mkt Perform → Outperform
Jul-06-17	Initiated	DA Davidson	Neutral
Jan-18-17	Downgrade	Raymond James	Outperform → Mkt Perform
Nov-29-16	Downgrade	Keefe Bruyette	Outperform → Mkt Perform
Nov-21-16	Initiated	Hovde Group	Market Perform
Aug-25-15	Upgrade	Raymond James	Mkt Perform → Outperform
Jul-22-15	Downgrade	Sandler O'Neill	Buy → Hold
Sep-26-13	Initiated	DA Davidson	Neutral
Apr-16-09	Reiterated	RBC Capital Mkts	Sector Perform
Jan-15-09	Downgrade	Stifel Nicolaus	Buy → Hold
Mar-19-08	Upgrade	Stifel Nicolaus	Hold → Buy
Jan-10-08	Reiterated	RBC Capital Mkts	Sector Perform
Oct-11-07	Reiterated	RBC Capital Mkts	Sector Perform
Jul-12-07	Reiterated	RBC Capital Mkts	Sector Perform
Apr-13-07	Downgrade	Stifel Nicolaus	Buy → Hold
Mar-21-07	Reiterated	Stifel Nicolaus	Buy

View All

Mercantile Bank Corp Stock (MBWM) Latest News

Jul 09, 2026

Price to earnings forward of Mercantile Bank Corporation – LSX:675407 - TradingView

Jul 09, 2026

Price to sales forward of Mercantile Bank Corporation – LSX:675407 - TradingView

Jul 09, 2026

Jul 08, 2026

Why (MBWM) Price Action Is Critical for Tactical Trading - Stock Traders Daily

Jul 08, 2026

Jul 07, 2026

Mercantile Bank (MBWM) Leaves The Russell 2000 Index, Is It Still Undervalued? - Yahoo Finance

Jul 07, 2026

MBWM holds the line. Mercantile Bank Corp stays in focus. - ad-hoc-news.de

Jul 07, 2026

Jul 03, 2026

Mercantile Bank Corp outlines its growth strategy as regional lending remains steady - ad-hoc-news.de

Jul 03, 2026

Jul 02, 2026

Does Mercantile Bank’s (MBWM) Index Exit Quietly Reshape Its Long‑Term Investor Base and Story? - simplywall.st

Jul 02, 2026

Mercantile Bank Corp. Hits New 52-Week High at $57.51 - MarketsMojo

Jul 02, 2026

Jul 01, 2026

Does Mercantile Bank’s (MBWM) Index Exit Subtly Recast Its Appeal to Long-Term Institutional Holders? - Yahoo Finance

Jul 01, 2026

Jun 30, 2026

Mercantile Bank Corporation Announces Second Quarter 2026 Results Conference Call and Webcast - GuruFocus

Jun 30, 2026

Mercantile Bank sets July 21 webcast for Q2 results - Stock Titan

Jun 30, 2026

Jun 29, 2026

Mercantile Bank Corporation(NasdaqGS:MBWM) dropped from Russell 2000 Dynamic Index - marketscreener.com

Jun 29, 2026

Jun 27, 2026

Understanding Momentum Shifts in (MBWM) - Stock Traders Daily

Jun 27, 2026

Mercantile Bank Corp. Hits New 52-Week High of $56.51 - MarketsMojo

Jun 27, 2026

Mercantile Bank Price Target Raised to $60.00/Share From $57.00 by Piper Sandler - Moomoo

Jun 27, 2026

Jun 26, 2026

MBWM Maintained by Piper Sandler -- Price Target Raised to $60 - GuruFocus

Jun 26, 2026

Piper Sandler Maintains Mercantile Bank(MBWM.US) With Hold Rating, Raises Target Price to $60 - Moomoo

Jun 26, 2026

Jun 25, 2026