MERCANTILE BANK CORP (MBWM) Stock Price, Forecast & Analysis

NASDAQ:MBWM • US5873761044

52.54 USD
+0.88 (+1.7%)
At close: Mar 2, 2026
52.54 USD
0 (0%)
After Hours: 3/2/2026, 8:00:00 PM

MBWM Key Statistics, Chart & Performance

Key Statistics
Market Cap902.64M
Revenue(TTM)242.65M
Net Income(TTM)85.54M
Shares17.18M
Float16.64M
52 Week High55.77
52 Week Low37.76
Yearly Dividend1.39
Dividend Yield2.93%
EPS(TTM)5.46
PE9.62
Fwd PE9.15
Earnings (Next)04-20
IPO1997-10-24
Sector
GICS SectorFinancials
GICS IndustryBanks
GICS IndustryGroupBanks
GICS SubIndustryRegional Banks
MBWM short term performance overview.The bars show the price performance of MBWM in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 5 10

MBWM long term performance overview.The bars show the price performance of MBWM in the last 1, 2 and 3 years. 1 year 2 years 3 years 20 40 60

The current stock price of MBWM is 52.54 USD. In the past month the price increased by 1.08%. In the past year, price increased by 15.3%.

MERCANTILE BANK CORP / MBWM Daily stock chart

MBWM Technical Analysis

ChartMill assigns a technical rating of 8 / 10 to MBWM. When comparing the yearly performance of all stocks, MBWM is one of the better performing stocks in the market, outperforming 70.28% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating
MBWM Full Technical Analysis Report

MBWM Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to MBWM. MBWM has a medium profitability rating, but doesn't score so well on its financial health evaluation.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend
MBWM Full Fundamental Analysis Report

MBWM Financial Highlights

Over the last trailing twelve months MBWM reported a non-GAAP Earnings per Share(EPS) of 5.46. The EPS increased by 10.3% compared to the year before.


Industry RankSector Rank
PM (TTM) 35.77%
ROA 1.36%
ROE 13.01%
Debt/Equity 0.6
Chartmill High Growth Momentum
EPS Q2Q%14.75%
Sales Q2Q%6.04%
EPS 1Y (TTM)10.3%
Revenue 1Y (TTM)4.83%
MBWM financials

MBWM Forecast & Estimates

10 analysts have analysed MBWM and the average price target is 58.55 USD. This implies a price increase of 11.44% is expected in the next year compared to the current price of 52.54.

For the next year, analysts expect an EPS growth of 5.15% and a revenue growth 15.91% for MBWM


Analysts
Analysts80
Price Target58.55 (11.44%)
EPS Next Y5.15%
Revenue Next Year15.91%
MBWM Analyst EstimatesMBWM Analyst Ratings

MBWM Ownership

Ownership
Inst Owners66.76%
Ins Owners2.52%
Short Float %1.05%
Short Ratio1.75
MBWM Ownership

MBWM Competitors/Peers

The largest stocks on the US markets in the "Regional Banks" sub-industry
Full List
SymbolCompany NameTechnical RatingFundamental RatingFPEMarket Cap
TFC TRUIST FINANCIAL CORP10.9162.252B
HBANL HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP15.5752.164B
HBANM HUNTINGTON BANCSHARES - HBAN 5.7 PERP14.0147.252B
BBT BEACON FINANCIAL CORP8.337.546B
HBANP HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP10.8336.21B
HBAN HUNTINGTON BANCSHARES INC10.3134.099B
MTB M & T BANK CORP11.5732.946B
CFG CITIZENS FINANCIAL GROUP11.8125.836B
RF REGIONS FINANCIAL CORP10.4424.156B
EWBC EAST WEST BANCORP INC10.6115.059B

About MBWM

Company Profile

MBWM logo image Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. The company is headquartered in Grand Rapids, Michigan and currently employs 770 full-time employees. Mercantile Bank and Eastern Michigan Bank provide financial products and services in a professional and personalized manner designed to make banking easier for businesses, individuals, and governmental units. Eastern Michigan Bank operates over 12 branches across three counties, offering a full range of personal and business banking services. Eastern Michigan Bank’s personal services include personal checking, personal savings, youth and young adults, CDs and IRAs, online and mobile banking, 24-hour telephone banking, debit cards, personal credit cards, additional services, and Zelle. Eastern Michigan Bank’s loans include vehicle and personal loans, home equity loans and lines, student loans (opens in a new window), business loans, and agricultural loans. Eastern Michigan Bank’s business services include business checking, business savings, business credit cards, and others.

Company Info

MERCANTILE BANK CORP

310 Leonard St NW

Grand Rapids MICHIGAN 49504 US

CEO: Robert B. Kaminski

Employees: 662

MBWM Company Website

MBWM Investor Relations

Phone: 16164063000

MERCANTILE BANK CORP / MBWM FAQ

Can you describe the business of MERCANTILE BANK CORP?

Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. The company is headquartered in Grand Rapids, Michigan and currently employs 770 full-time employees. Mercantile Bank and Eastern Michigan Bank provide financial products and services in a professional and personalized manner designed to make banking easier for businesses, individuals, and governmental units. Eastern Michigan Bank operates over 12 branches across three counties, offering a full range of personal and business banking services. Eastern Michigan Bank’s personal services include personal checking, personal savings, youth and young adults, CDs and IRAs, online and mobile banking, 24-hour telephone banking, debit cards, personal credit cards, additional services, and Zelle. Eastern Michigan Bank’s loans include vehicle and personal loans, home equity loans and lines, student loans (opens in a new window), business loans, and agricultural loans. Eastern Michigan Bank’s business services include business checking, business savings, business credit cards, and others.


What is the stock price of MERCANTILE BANK CORP today?

The current stock price of MBWM is 52.54 USD. The price increased by 1.7% in the last trading session.


What is the dividend status of MERCANTILE BANK CORP?

MERCANTILE BANK CORP (MBWM) has a dividend yield of 2.93%. The yearly dividend amount is currently 1.39.


What is the ChartMill rating of MERCANTILE BANK CORP stock?

MBWM has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 4 out of 10.


What do analysts say about MERCANTILE BANK CORP (MBWM) stock?

10 analysts have analysed MBWM and the average price target is 58.55 USD. This implies a price increase of 11.44% is expected in the next year compared to the current price of 52.54.


When is the next dividend date for MERCANTILE BANK CORP (MBWM)?

The next ex-dividend date for MERCANTILE BANK CORP (MBWM) is March 6, 2026.


Can you provide the growth outlook for MERCANTILE BANK CORP?

The Revenue of MERCANTILE BANK CORP (MBWM) is expected to grow by 15.91% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.