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ALL
Market cap
$1.04B
EPS
5.69
P/E ratio
10.1
Price to sales
3.83
Dividend yield
2.652%
Beta
0.835799
Previous close
$60.68
Today's open
$60.68
Day's range
$59.63 - $61.32
52 week range
$42.88 - $62.95
show more
CEO
Robert B. Kaminski
Employees
685
Headquarters
Grand Rapids, MI
Exchange
Nasdaq Global Select
Shares outstanding
17287385
Issue type
Common Stock
Finance
Banking
Mercantile Bank (MBWM) Upgraded to Buy: Here's Why
Mercantile Bank (MBWM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Zacks Investment Research • Oct 26, 2026

Mercantile Bank: 3 Key Takeaways for Long-Term Investors
Net interest margin expanded to 3.7% in the third quarter. Commercial loans grew 9% from the prior year-end.
The Motley Fool • Oct 20, 2026

Mercantile Bank Q3 Earnings Call Highlights
Mercantile Bank NASDAQ: MBWM reported third-quarter 2026 net income of $24.1 million, or $1.39 per diluted share, compared with $23.8 million, or $1.46 per diluted share, in the third quarter of 2025. For the first nine months of 2026, net income rose to $72.7 million, or $4.21 per diluted share, from $65.9 million, or $4.06 per diluted share, a year earlier.
MarketBeat • Oct 20, 2026

Mercantile Bank Corporation (MBWM) Q3 2026 Earnings Call Transcript
Mercantile Bank Corporation ( MBWM ) Q3 2026 Earnings Call October 20, 2026 10:00 AM EDT Company Participants Nichole Kladder - Chief Marketing Officer Raymond Reitsma - President, CEO & Director Charles Christmas - Executive VP, CFO & Treasurer Conference Call Participants Nathan Race - Piper Sandler & Co., Research Division Brendan Nosal - Hovde Group, LLC, Research Division Damon Del Monte - Keefe, Bruyette, & Woods, Inc., Research Division Matthew Breese - Stephens Inc., Research Division Nicholas Holowko - Raymond James & Associates, Inc., Research Division Presentation Operator Good morning, and welcome to the Mercantile Bank Corporation 2026 Third Quarter Earnings Results Conference Call. [Operator Instructions] Please note, this event is being recorded.
Seeking Alpha • Oct 20, 2026

Mercantile Bank Corporation Declares Regular Cash Dividend
Board of Directors declares $0.40 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 2.7 percent GRAND RAPIDS, Mich., Oct. 20, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on October 15, 2026, its Board of Directors declared a regular quarterly cash dividend of $0.40 per common share, payable on December 16, 2026, to holders of record as of December 4, 2026.
PRNewsWire • Oct 20, 2026

Mercantile Bank Corporation Announces Robust Third Quarter 2026 Results
Net interest income growth, loan portfolio expansion, strong local deposit generation, and continued strength in asset quality metrics and capital levels highlight the quarter GRAND RAPIDS, Mich., Oct. 20, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $24.1 million, or $1.39 per diluted share, for the third quarter of 2026, compared with net income of $23.8 million, or $1.46 per diluted share, for the third quarter of 2025.
PRNewsWire • Oct 20, 2026

Mercantile Bank (MBWM) Q3 Earnings and Revenues Surpass Estimates
Mercantile Bank (MBWM) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.46 per share a year ago.
Zacks Investment Research • Oct 20, 2026

Mercantile Bank (MBWM) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Zacks Investment Research • Oct 20, 2026

Earnings Preview: Mercantile Bank (MBWM) Q3 Earnings Expected to Decline
Mercantile Bank (MBWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks Investment Research • Oct 13, 2026

Why Mercantile Bank (MBWM) is a Top Dividend Stock for Your Portfolio
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 • Oct 7, 2026

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