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MBWM

Mercantile Bank Corporation
1W: -0.7% 1M: -5.2% 3M: +0.5% YTD: +3.6% 1Y: +11.4% 3Y: +78.5% 5Y: +80.5%
$49.78
+0.47 (+0.96%)
After Hours: $49.72 (-0.06, -0.12%)
NASDAQ · Financial Services · Banks - Regional · $851.6M · Alpha Radar Sell · Power 46
Smart Money Score
Bullish 75
Insider+$0.2M
Congress
ETF Holdings
Key Statistics
Market Cap$851.6M
52W Range37.76-55.77
Volume55,992
Avg Volume128,059
Beta0.88
Dividend$1.52
Analyst Ratings
5 Buy 2 Hold 0 Sell
Consensus Buy
Company Info
CEORaymond E. Reitsma
Employees662
SectorFinancial Services
IndustryBanks - Regional
IPO Date1999-07-20
310 Leonard Street NW
Grand Rapids, MI 49504
US
616 406 3000
About Mercantile Bank Corporation

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers 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; and 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, it provides courier services and safe deposit facilities; 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, as well as owns 22 automated teller machines and 19 video banking machines. As of January 18, 2022, the company operated 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Recent Insider Trades

NameTypeSharesPriceDate
CHRISTMAS CHARLES E F-InKind 3,021 $54.24 2026-02-17
Reitsma Raymond E. F-InKind 4,040 $54.24 2026-02-17
CHRISTMAS CHARLES E A-Award 1,326 2026-02-15
Reitsma Raymond E. A-Award 1,808 2026-02-15
Hoover Brett A-Award 1,888 2026-02-05

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms