MBWM
$48.94
$-1.28
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.
Next Earnings
2026-01-11
Beta
0.901
Average Volume
79480
Market Cap
795450401
Last Dividend
1.5
CIK
0001042729
ISIN
US5873761044
CUSIP
587376104
CEO
Raymond E. Reitsma
Sector
Financial Services
Industry
Banks - Regional
Full Time Employees
662
IPO Date
1999-07-20
Status
Active
Latest News
| Title | Headline | Publisher | Date |
|---|---|---|---|
| Mercantile Bank Corporation Announces Completion of Merger with Eastern Michigan Financial Corporation | GRAND RAPIDS, Mich., Dec. 31, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today the completion of its previously announced merger with Eastern Michigan Financial Corporation ("Eastern"). | PRNewsWire | 2025-12-31 16:00:00 |
| Mercantile Bank Corporation Announces Fourth Quarter and Full Year 2025 Results Conference Call and Webcast | /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m. ET on Tuesday, January 20, 2026, to discuss | PRNewsWire | 2025-12-29 10:00:00 |
| Mercantile Bank Corporation and Eastern Michigan Financial Corporation Announce Receipt of All Required Regulatory Approvals for Pending Merger | GRAND RAPIDS, Mich. , Dec. 16, 2025 /PRNewswire/ -- Mercantile Bank Corporation ("Mercantile") (NASDAQ: MBWM) and Eastern Michigan Financial Corporation ("Eastern") (OTCID: EFIN) today jointly announced that the Federal Reserve Bank of Chicago has approved the proposed merger of Mercantile and Eastern. | PRNewsWire | 2025-12-16 18:23:00 |
| Mercantile Bank Corporation $MBWM Shares Sold by Intech Investment Management LLC | Intech Investment Management LLC trimmed its stake in shares of Mercantile Bank Corporation (NASDAQ: MBWM) by 34.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,860 shares of the financial services provider's stock after selling 3,654 shares during | Defense World | 2025-12-01 05:18:44 |
| Creative Planning Cuts Stake in Mercantile Bank Corporation $MBWM | Creative Planning decreased its position in Mercantile Bank Corporation (NASDAQ: MBWM) by 9.0% during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,971 shares of the financial services provider's stock after selling 2,083 shares during the period. Creative Planning | Defense World | 2025-12-01 04:34:52 |
| Brandywine Global Investment Management LLC Lowers Stock Holdings in Mercantile Bank Corporation $MBWM | Brandywine Global Investment Management LLC lessened its position in Mercantile Bank Corporation (NASDAQ: MBWM) by 3.8% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 35,747 shares of the financial services provider's stock after selling 1,400 shares during the quarter. Brandywine Global Investment | Defense World | 2025-11-25 04:20:45 |
| Y Intercept Hong Kong Ltd Acquires 4,203 Shares of Mercantile Bank Corporation $MBWM | Y Intercept Hong Kong Ltd increased its holdings in shares of Mercantile Bank Corporation (NASDAQ: MBWM) by 41.7% during the undefined quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,292 shares of the financial services provider's stock after acquiring an additional 4,203 shares | Defense World | 2025-11-06 03:34:51 |
| Head to Head Contrast: Ames National (NASDAQ:ATLO) & Mercantile Bank (NASDAQ:MBWM) | Ames National (NASDAQ: ATLO - Get Free Report) and Mercantile Bank (NASDAQ: MBWM - Get Free Report) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, analyst recommendations, profitability, earnings, dividends and risk. Insider and Institutional Ownership 26.5% of Ames | Defense World | 2025-10-26 02:48:55 |
| Mercantile Bank Corporation (MBWM) Q3 2025 Earnings Call Transcript | Mercantile Bank Corporation (NASDAQ:MBWM ) Q3 2025 Earnings Call October 21, 2025 10:00 AM EDT Company Participants Nichole Kladder Raymond Reitsma - President, CEO & Director Charles Christmas - Executive VP, CFO & Treasurer Conference Call Participants Brendan Nosal - Hovde Group, LLC, Research Division Daniel Tamayo - Raymond James & Associates, Inc., Research Division Damon Del Monte - Keefe, Bruyette, & Woods, Inc., Research Division Nathan Race - Piper Sandler & Co., Research Division Presentation Operator Good morning, and welcome to the Mercantile Bank Corporation 2025 Third Quarter Earnings Results Conference Call. [Operator Instructions] Please note this event is being recorded. | Seeking Alpha | 2025-10-21 12:34:41 |
| Compared to Estimates, Mercantile Bank (MBWM) Q3 Earnings: A Look at Key Metrics | The headline numbers for Mercantile Bank (MBWM) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. | Zacks Investment Research | 2025-10-21 10:30:20 |
| Mercantile Bank (MBWM) Beats Q3 Earnings and Revenue Estimates | Mercantile Bank (MBWM) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.22 per share a year ago. | Zacks Investment Research | 2025-10-21 08:06:05 |
| Mercantile Bank Corporation Announces Strong Third Quarter 2025 Results | Growth in net interest income and certain noninterest income categories and continued strength in asset quality metrics and capital measures highlight the quarter GRAND RAPIDS, Mich. , Oct. 21, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $23.8 million, or $1.46 per diluted share, for the third quarter of 2025, compared with net income of $19.6 million, or $1.22 per diluted share, for the third quarter of 2024. | PRNewsWire | 2025-10-21 05:05:00 |
| Mercantile Bank Corporation Declares Regular Cash Dividend | Board declares $0.38 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.4% percent GRAND RAPIDS, Mich. , Oct. 21, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on October 16, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.38 per common share, payable on December 17, 2025, to holders of record as of December 5, 2025. | PRNewsWire | 2025-10-21 05:00:00 |
| Why Mercantile Bank (MBWM) is a Great Dividend Stock Right Now | Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Mercantile Bank (MBWM) have what it takes? | Zacks Investment Research | 2025-10-16 12:45:26 |
SEC Filings
| Type | Filing Date | Accepted Date | Link |
|---|---|---|---|
| 4 | 2026-01-07 | 2026-01-07 | View Filing |
| 4 | 2026-01-05 | 2026-01-05 | View Filing |
| 3 | 2026-01-05 | 2026-01-05 | View Filing |
| 8-K | 2025-12-31 | 2025-12-31 | View Filing |
| 8-K | 2025-12-19 | 2025-12-19 | View Filing |
| 8-K | 2025-12-17 | 2025-12-16 | View Filing |
| 4 | 2025-11-17 | 2025-11-17 | View Filing |
| 424B3 | 2025-11-14 | 2025-11-14 | View Filing |
| 4 | 2025-11-04 | 2025-11-04 | View Filing |
| 10-Q | 2025-10-31 | 2025-10-31 | View Filing |
| 8-K | 2025-10-21 | 2025-10-21 | View Filing |
| S-4/A | 2025-10-21 | 2025-10-20 | View Filing |
| S-4 | 2025-09-16 | 2025-09-16 | View Filing |
| 4 | 2025-08-19 | 2025-08-19 | View Filing |
| 10-Q | 2025-08-01 | 2025-08-01 | View Filing |
| 4 | 2025-07-30 | 2025-07-30 | View Filing |
| 425 | 2025-07-29 | 2025-07-29 | View Filing |
| 8-K/A | 2025-07-29 | 2025-07-29 | View Filing |
| SC 13G/A | 2025-07-29 | 2025-07-29 | View Filing |
| 8-K | 2025-07-22 | 2025-07-22 | View Filing |
| 4 | 2025-07-21 | 2025-07-21 | View Filing |
| 4 | 2025-07-21 | 2025-07-21 | View Filing |
| 4 | 2025-07-21 | 2025-07-21 | View Filing |
| 4 | 2025-07-21 | 2025-07-21 | View Filing |
| 4 | 2025-07-21 | 2025-07-21 | View Filing |
| S-8 | 2025-06-13 | 2025-06-13 | View Filing |
| 11-K | 2025-06-10 | 2025-06-10 | View Filing |
| 4 | 2025-05-27 | 2025-05-27 | View Filing |
| 4 | 2025-05-27 | 2025-05-27 | View Filing |
| 4 | 2025-05-27 | 2025-05-27 | View Filing |
| 4 | 2025-05-27 | 2025-05-27 | View Filing |
| 4 | 2025-05-27 | 2025-05-27 | View Filing |
| 4 | 2025-05-27 | 2025-05-27 | View Filing |
| 4 | 2025-05-27 | 2025-05-27 | View Filing |
| 4 | 2025-05-27 | 2025-05-27 | View Filing |
| 4 | 2025-05-27 | 2025-05-27 | View Filing |
| 4 | 2025-05-27 | 2025-05-27 | View Filing |
| 8-K | 2025-05-22 | 2025-05-22 | View Filing |
| 4 | 2025-05-06 | 2025-05-06 | View Filing |
| 10-Q | 2025-05-02 | 2025-05-02 | View Filing |
| SC 13G/A | 2025-04-24 | 2025-04-24 | View Filing |
| 8-K | 2025-04-22 | 2025-04-22 | View Filing |
| 4 | 2025-04-04 | 2025-04-04 | View Filing |
| ARS | 2025-04-04 | 2025-04-04 | View Filing |
| DEF 14A | 2025-04-04 | 2025-04-04 | View Filing |
| 8-K | 2025-03-20 | 2025-03-20 | View Filing |
| 4 | 2025-03-05 | 2025-03-05 | View Filing |
| 10-K | 2025-03-03 | 2025-03-03 | View Filing |
| 4 | 2025-02-28 | 2025-02-28 | View Filing |
| 4 | 2025-02-24 | 2025-02-24 | View Filing |
| 4 | 2025-02-24 | 2025-02-24 | View Filing |
| 4 | 2025-02-21 | 2025-02-21 | View Filing |
| 4 | 2025-02-21 | 2025-02-21 | View Filing |
| 4 | 2025-02-21 | 2025-02-21 | View Filing |
| 4 | 2025-02-20 | 2025-02-20 | View Filing |
| 4 | 2025-02-20 | 2025-02-20 | View Filing |
| 4 | 2025-02-12 | 2025-02-12 | View Filing |
| 4 | 2025-02-10 | 2025-02-10 | View Filing |
| 4 | 2025-02-10 | 2025-02-10 | View Filing |
| 4 | 2025-02-10 | 2025-02-10 | View Filing |
| 4 | 2025-02-10 | 2025-02-10 | View Filing |
| 4 | 2025-02-10 | 2025-02-10 | View Filing |
| 4 | 2025-02-10 | 2025-02-10 | View Filing |
| 4 | 2025-02-10 | 2025-02-10 | View Filing |
| 8-K | 2025-02-06 | 2025-02-06 | View Filing |
| 4 | 2025-02-05 | 2025-02-05 | View Filing |
| 4 | 2025-02-04 | 2025-02-04 | View Filing |
| 3/A | 2025-02-04 | 2025-02-04 | View Filing |
| 4 | 2025-02-04 | 2025-02-04 | View Filing |
| 4 | 2025-01-30 | 2025-01-30 | View Filing |
| 4 | 2025-01-28 | 2025-01-28 | View Filing |
| 8-K | 2025-01-21 | 2025-01-21 | View Filing |
| 3 | 2025-01-10 | 2025-01-10 | View Filing |
| 3 | 2025-01-07 | 2025-01-07 | View Filing |
| 4 | 2025-01-06 | 2025-01-06 | View Filing |
| 4 | 2025-01-06 | 2025-01-06 | View Filing |
| 4 | 2025-01-06 | 2025-01-06 | View Filing |
| 4 | 2025-01-06 | 2025-01-06 | View Filing |
| 4 | 2025-01-06 | 2025-01-06 | View Filing |
| 3 | 2025-01-06 | 2025-01-06 | View Filing |
| 3 | 2025-01-06 | 2025-01-06 | View Filing |
| 3 | 2025-01-06 | 2025-01-06 | View Filing |
| 3 | 2025-01-06 | 2025-01-06 | View Filing |
| 3 | 2025-01-06 | 2025-01-06 | View Filing |
| 4 | 2025-01-03 | 2025-01-03 | View Filing |
| 4 | 2024-12-19 | 2024-12-19 | View Filing |
| 8-K | 2024-12-19 | 2024-12-19 | View Filing |
| 4 | 2024-12-03 | 2024-12-03 | View Filing |
| 4 | 2024-11-27 | 2024-11-27 | View Filing |
| 8-K | 2024-11-25 | 2024-11-25 | View Filing |
| 4 | 2024-11-15 | 2024-11-15 | View Filing |
| SC 13G/A | 2024-11-12 | 2024-11-12 | View Filing |
| 4 | 2024-11-06 | 2024-11-06 | View Filing |
| 4 | 2024-11-05 | 2024-11-05 | View Filing |
| SC 13G/A | 2024-11-04 | 2024-11-04 | View Filing |
| 10-Q | 2024-11-01 | 2024-11-01 | View Filing |
| 8-K | 2024-10-15 | 2024-10-15 | View Filing |
| 4 | 2024-10-03 | 2024-10-03 | View Filing |
| 4 | 2024-09-04 | 2024-09-04 | View Filing |
| 4 | 2024-08-27 | 2024-08-27 | View Filing |
Algorithm Performance
| Algorithm | Profit/Loss | Profit Factor | # Trades | Sharpe | Sortino | Efficiency |
|---|---|---|---|---|---|---|
| Volume Weighted Momentum Strategy | 11.04% | 1 | 1 | 0.02 | 0.06 | 5.82 |
| Genetic Strat | 9.57% | 1 | 581 | 0.02 | 0.08 | 4.34 |
| Volatility Squeeze | 9.36% | 0.99 | 47 | 0.04 | 0.11 | 4.14 |
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