60.08

0.59% 0.35

After Hours: 60.08

Mercantile Bank Corp (MBWM)

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

Mercantile Bank Corp stock is traded at $60.08, with a volume of 90,861. It is up +0.59% in the last 24 hours and up +4.63% 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:

$59.73

Open:

$59.69

24h Volume:

90,861

Relative Volume:

0.69

Market Cap:

$1.04B

Revenue:

$379.88M

Net Income/Loss:

$91.90M

P/E Ratio:

10.78

EPS:

5.5752

Net Cash Flow:

$43.09M

1W Performance:

+2.70%

1M Performance:

+4.63%

6M Performance:

+15.58%

1Y Performance:

+31.49%

1-Day Range:

$59.24

$61.63

1-Week Range:

$58.47

$62.39

52-Week Range:

$42.75

$62.39

Mercantile Bank Corp Stock (MBWM) Company Profile

Name

Mercantile Bank Corp

Sector

Financial (5886)

Industry

Banks - Regional (337)

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 MFG, HDB, IBN, PNC, USB

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
MBWM Mercantile Bank Corp	60.08	1.01B	379.88M	91.90M	43.09M	5.5752
MFG Mizuho Financial Group Inc Adr	10.43	128.77B	56.73B	8.35B	0	0.67
HDB Hdfc Bank Ltd Adr	23.92	119.23B	54.66B	9.11B	11.69B	1.6955
IBN Icici Bank Ltd Adr	29.99	107.20B	35.00B	6.59B	9.52B	1.7046
PNC Pnc Financial Services Group Inc	249.91	99.61B	35.13B	7.64B	9.42B	18.18
USB U S Bancorp	63.01	98.90B	43.53B	8.16B	9.60B	5.0117

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 28, 2026

Should Mercantile Bank’s Stronger Earnings and Higher Dividend Payout Require Action From Mercantile Bank (MBWM) Investors? - simplywall.st

Jul 28, 2026

Jul 27, 2026