Global /United States /Financial Services /Banks - Regional /MBWM
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Mercantile Bank Corp. logo

Mercantile Bank Corp.

MBWM
NASDAQ: MBWM Delayed
50.69USD -2.5%
As of 13 June 2026, Mercantile Bank Corp. has a market cap of $875.64M USD, ranking #11499 globally and #2243 in the United States. It ranks #1367 in the Financial Services sector, and #345 in the Banks - Regional industry.
Global Rank
11499
Country Rank
2243
Sector Rank
1367
Industry Rank
345
Key Stats
Market Cap
$875.64MUSD
Enterprise Value
$998.13MUSD
Revenue (TTM)
$252.69MUSD
Net Income (TTM)
$91.9MUSD
Profit Margin
36%
PE Ratio
9.1
Forward PE
9.2
PS Ratio
3.5
PB Ratio
1.2
Company Profile
Country (HQ)
Sector
Financial Services
Industry
Banks - Regional
CEO
Raymond Reitsma open_in_new
Employees
766
Founded
1997
IPO
07 Aug 1997
Website
mercbank.com open_in_new
1d 1w 1m 3m 6m 1y
-2.5% -1% 3.2% 1.9% 14% 21%

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MBWM Analyst Forecasts

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Markets

Exchange Ticker Price
NASDAQ
MIC: XNAS
PRIMARY
MBWM
Mercantile Bank Corp
ISIN: US5873761044
Shares Out.:
17.274M1 Shares Float: 16.607M2
TV:
SA:
YF:
GF:
NQ:
BA:
MS:
50.69 USD
Frankfurt Stock Exchange
MIC: XFRA
MCS
Mercantile Bank Corp
ISIN: US5873761044
TV:
SA:
YF:
GF:
BA:
MCS
MS:
44.00 EUR
1Market cap is calculated using shares outstanding.
2Float shares are publicly tradable shares, excluding insider-held stock.

About Mercantile Bank Corp.

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides 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; 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, the company offers courier services and safe deposit boxes; 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. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

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