Logo image of MBWM

MERCANTILE BANK CORP (MBWM) Stock Price, Quote, News and Overview

NASDAQ:MBWM - Nasdaq - US5873761044 - Common Stock - Currency: USD

41.84  -0.23 (-0.55%)

After market: 41.84 0 (0%)

MBWM Quote, Performance and Key Statistics

MERCANTILE BANK CORP

NASDAQ:MBWM (4/25/2025, 8:21:49 PM)

After market: 41.84 0 (0%)

41.84

-0.23 (-0.55%)

Sector
GICS SectorFinancials
GICS IndustryBanks
GICS IndustryGroupBanks
GICS SubIndustryRegional Banks
Statistics
52 Week High52.98
52 Week Low35.61
Market Cap679.48M
Shares16.24M
Float15.68M
Yearly Dividend1.39
Dividend Yield3.56%
PE8.68
Fwd PE8.29
Earnings (Next)07-14 2025-07-14/bmo
IPO10-24 1997-10-24


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 -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 10 20 30 40

The current stock price of MBWM is 41.84 USD. In the past month the price decreased by -6.71%. In the past year, price increased by 15.61%.

MERCANTILE BANK CORP / MBWM Daily stock chart

MBWM Competitors/Peers

The largest stocks on the US markets in the "Regional Banks" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
TFC TRUIST FINANCIAL CORP 10.29 49.33B
HBANL HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP 19.08 36.42B
HBANM HUNTINGTON BANCSHARES - HBAN 5.7 PERP 18.08 34.50B
MTB M & T BANK CORP 11.21 27.21B
HBANP HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP 13.49 25.75B
HBAN HUNTINGTON BANCSHARES INC 10.99 20.98B
RF REGIONS FINANCIAL CORP 9.57 18.23B
CFG CITIZENS FINANCIAL GROUP 11.77 16.22B
VLYPN VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP 40.5 14.06B
VLYPP VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP 39.4 13.68B
VLYPO VALLEY NATIONAL BANCORP - VLY 8.43172 PERP 39.18 13.60B
EWBC EAST WEST BANCORP INC 10.24 11.75B

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 662 full-time employees. The Bank is a state banking company that provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. Its operations are centered around the West and Central portions of Michigan. The company also has banking offices located in the metropolitan Detroit, Michigan area, Traverse City, Michigan, Petoskey, Michigan, Saginaw, Michigan, and Midland, Michigan. The company makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. The company also enables customers to conduct certain loan and deposit transactions by personal computer and through mobile applications. Its insurance product offerings include private passenger automobiles, homeowners, personal inland marine, boat owners, recreational vehicles, dwelling fire, umbrella policies, small businesses, and life insurance products.

Company Info

MERCANTILE BANK CORP

310 Leonard St NW

Grand Rapids MICHIGAN 49504 US

CEO: Robert B. Kaminski

Employees: 662

Company Website: https://ir.mercbank.com/

Investor Relations: https://ir.mercbank.com

Phone: 16164063000

MERCANTILE BANK CORP / MBWM FAQ

What is the stock price of MERCANTILE BANK CORP today?

The current stock price of MBWM is 41.84 USD. The price decreased by -0.55% in the last trading session.


What is the ticker symbol for MERCANTILE BANK CORP stock?

The exchange symbol of MERCANTILE BANK CORP is MBWM and it is listed on the Nasdaq exchange.


On which exchange is MBWM stock listed?

MBWM stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for MERCANTILE BANK CORP stock?

11 analysts have analysed MBWM and the average price target is 50.11 USD. This implies a price increase of 19.76% is expected in the next year compared to the current price of 41.84. Check the MERCANTILE BANK CORP stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is MERCANTILE BANK CORP worth?

MERCANTILE BANK CORP (MBWM) has a market capitalization of 679.48M USD. This makes MBWM a Small Cap stock.


How many employees does MERCANTILE BANK CORP have?

MERCANTILE BANK CORP (MBWM) currently has 662 employees.


What are the support and resistance levels for MERCANTILE BANK CORP (MBWM) stock?

MERCANTILE BANK CORP (MBWM) has a support level at 38.52 and a resistance level at 41.85. Check the full technical report for a detailed analysis of MBWM support and resistance levels.


Is MERCANTILE BANK CORP (MBWM) expected to grow?

The Revenue of MERCANTILE BANK CORP (MBWM) is expected to grow by 4.08% in the next year. Check the estimates tab for more information on the MBWM EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy MERCANTILE BANK CORP (MBWM) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does MERCANTILE BANK CORP (MBWM) stock pay dividends?

MERCANTILE BANK CORP (MBWM) has a dividend yield of 3.56%. The yearly dividend amount is currently 1.39. Check the full fundamental report for a detailed analysis of MBWM dividend history, reliability and sustainability.


When does MERCANTILE BANK CORP (MBWM) report earnings?

MERCANTILE BANK CORP (MBWM) will report earnings on 2025-07-14, before the market open.


What is the Price/Earnings (PE) ratio of MERCANTILE BANK CORP (MBWM)?

The PE ratio for MERCANTILE BANK CORP (MBWM) is 8.68. This is based on the reported non-GAAP earnings per share of 4.82 and the current share price of 41.84 USD. Check the full fundamental report for a full analysis of the valuation metrics for MBWM.


What is the Short Interest ratio of MERCANTILE BANK CORP (MBWM) stock?

The outstanding short interest for MERCANTILE BANK CORP (MBWM) is 0.74% of its float. Check the ownership tab for more information on the MBWM short interest.


MBWM Technical Analysis

ChartMill assigns a technical rating of 1 / 10 to MBWM. When comparing the yearly performance of all stocks, MBWM turns out to be only a medium performer in the overall market: it outperformed 63.39% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

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 Financial Highlights

Over the last trailing twelve months MBWM reported a non-GAAP Earnings per Share(EPS) of 4.82. The EPS decreased by -6.59% compared to the year before.


Industry RankSector Rank
PM (TTM) 34.38%
ROA 1.32%
ROE 13.62%
Debt/Equity 0.45
Chartmill High Growth Momentum
EPS Q2Q%-9.7%
Sales Q2Q%14.35%
EPS 1Y (TTM)-6.59%
Revenue 1Y (TTM)2.56%

MBWM Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 76% to MBWM. The Buy consensus is the average rating of analysts ratings from 11 analysts.

For the next year, analysts expect an EPS growth of -0.46% and a revenue growth 4.08% for MBWM


Ownership
Inst Owners65.61%
Ins Owners3.6%
Short Float %0.74%
Short Ratio1.78
Analysts
Analysts76.36
Price Target50.11 (19.77%)
EPS Next Y-0.46%
Revenue Next Year4.08%