Mercantile Bank Corporation

MBWM·NasdaqGS·Financial Services
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61.56+1.20 (+1.99%)today
At close: Nov 4, 4:00 PM EST · May be delayed up to 15 min · USD

Prices may be delayed up to 15 min. Not investment advice. News volume: articles in the 4Search index each day.

Key statistics

Previous close60.36
Open61.46
Day range61.4362.89
52-week range43.0062.95
Off day high−2.11%
Off 52-week high−2.21%
Volume134.71K
Avg. volume (3M)112.36K
Market cap1.06B
EPS (TTM)5.62
Forward P/E10.47
P/E ratio (TTM)10.95
Dividend yield2.60% (1.60)
Beta (5Y)0.83
Shares outstanding17.29M
Short interest3.33% of float
Earnings dateOct 20, 2026 (est.)
Analyst target64.17
Profit margin34.84%

Against its peers

Compare in full ›
MBWM MCB MBIN BFST FMBH MSBI
Market cap 1.06B 1.21B 2.45B 1.07B 1.38B 695.63M
P/E (TTM) 11.0 10.1 8.8 11.8 11.9 14.7
Forward P/E 10.5 8.8 8.9 10.0 10.1 9.6
Price/book 1.4 1.2 1.3 1.1 1.3 1.7
Dividend yield 2.60% 1.64% 0.82% 1.82% 2.00% 3.95%
1-year change +36.01% +48.81% +62.07% +34.07% +42.15% +108.41%
Today +1.99% +1.74% +3.09% +2.23% +2.16% +0.66%

The closest companies by business and industry (Banks - Regional). Prices may be delayed up to 15 min.

Related companies

Compare ›

The businesses closest to Mercantile Bank's by what they do, from their descriptions, with the same industry weighted in.

Company Mkt cap Price Today
Metropolitan Bank Holding Corp.MCB · Banks - Regional 1.21B 97.68 +1.74%
Merchants BancorpMBIN · Banks - Regional 2.45B 53.43 +3.09%
Business First Bancshares, Inc.BFST · Banks - Regional 1.07B 32.98 +2.23%
First Mid Bancshares, Inc.FMBH · Banks - Regional 1.38B 51.94 +2.16%
Midland States Bancorp, Inc.MSBI · Banks - Regional 695.63M 33.44 +0.66%
Southern Missouri Bancorp, Inc.SMBC · Banks - Regional 799.23M 72.57 +1.51%
Farmers & Merchants Bancorp, Inc.FMAO · Banks - Regional 515.76M 37.48 +3.02%
MVB Financial Corp.MVBF · Banks - Regional 338.21M 26.01 +2.81%

Also based in Grand Rapids, Michigan, then elsewhere in Michigan.

Company Mkt cap Price Today
UFP Industries, Inc.UFPI · Grand Rapids, MI 4.76B 86.31 +6.35%
Independent Bank CorporationIBCP · Grand Rapids, MI 822.53M 37.25 +1.55%
Northpointe Bancshares, Inc.NPB · Grand Rapids, MI 558.15M 16.14 +2.48%
General Motors CompanyGM · Detroit, MI 78.47B 92.43 +4.63%
Ford Motor CompanyF · Dearborn, MIOdds 50.59B 12.67 +2.92%
Domino's Pizza, Inc.DPZ · Ann Arbor, MI 11.21B 340.69 +5.45%
DTE Energy CompanyDTE · Detroit, MI 28.62B 137.53 +2.44%
UniCredit S.p.A.UCG.MI · Milan, MI 118.21B 78.90 +0.74%

The stocks whose daily moves over the past year went most closely with Mercantile Bank's: the correlation of their daily returns, where 1 would be moving as one.

Company Mkt cap Price Today
Independent Bank CorporationIBCP · Correlation 0.85 822.53M 37.25 +1.55%
CNB Financial CorporationCCNE · Correlation 0.84 1.09B 36.78 +2.25%
Business First Bancshares, Inc.BFST · Correlation 0.83 1.07B 32.98 +2.23%
Horizon Bancorp, Inc.HBNC · Correlation 0.83 1.10B 21.44 +2.05%
First Mid Bancshares, Inc.FMBH · Correlation 0.83 1.38B 51.94 +2.16%
Great Southern Bancorp, Inc.GSBC · Correlation 0.83 902.10M 82.78 +1.61%
Southern Missouri Bancorp, Inc.SMBC · Correlation 0.81 799.23M 72.57 +1.51%
MetroCity Bankshares, Inc.MCBS · Correlation 0.80 1.05B 36.60 +2.21%

What visitors to Mercantile Bank's page also look at.

Company Mkt cap Price Today
Great Southern Bancorp, Inc.GSBC 902.10M 82.78 +1.61%
First Bancorp, Inc (ME)FNLC 419.26M 37.15 +2.94%
Lakeland Financial CorporationLKFN 1.55B 62.90 +2.68%
Independent Bank CorporationIBCP 822.53M 37.25 +1.55%
Republic Bancorp, Inc.RBCAA 1.82B 92.78 +1.75%

From the 4SEARCH.business instruments index: what each company does (its business description), its industry, size, headquarters and the markets it serves; and from a year of daily prices, which move together. Prices may be delayed up to 20 min.

Latest news

All MBWM news ›
The Financial Express·Positive

BB, Mercantile Bank sign Tk 20b pre-financing agreement

The agreement signing ceremony was organised by the Agricultural Credit Department-2 of Bangladesh Bank, according to a press release. Arief Hossain Khan, Executive Director of Bangladesh Bank, graced the event as the chief guest, which…

QNBCKB
The Business Standard·Positive

Mercantile Bank, Tradewind sign trade finance agreement

Saturday October 31, 2026 Mercantile Bank PLC has signed a memorandum of understanding with Germany's Tradewind GmbH to facilitate trade finance services for its export and import customers. According to a press release, the agreement…

The Motley Fool·Positive

Mercantile Bank: 3 Key Takeaways for Long-Term Investors

Three takeaways from the call stand out for long-term investors. Management keeps its net interest margin, the spread between interest earned on loans and interest paid on deposits, durable by repricing fixed-rate assets and lowering…

BACMTBMSBLK

From the 4Search news index, newest first.

In the news

36mentions in 30 days
32with it in the headline
Positivesentiment

Mentioned with

Bank of America8Indian Bank8Hdfc Bank6M&T Bank6Morgan Stanley6Punjab National Bank6Tamilnad Mercantile Bank6Bank of India5

People in the coverage

Mitch Edgeman11Danessa Lincoln9Kim Johansen8Sarita Garza8Tristan Rich7Basel Iii6

Themes

Financial Services7Fpj Shorts7Money & Banking7Banking6Technicals6Healthcare5Topnews58-K4

Most coverage from

  1. defenseworld.net4
  2. prnewswire.com3
  3. thehindubusinessline.com3
  4. marketbeat.com2
  5. stocktitan.net2

Finance and business coverage in the 4SEARCH.business news index: articles that name it in the headline, or in the text beside its ticker. Sentiment is the index's own reading of the latest 36 articles, not a forecast.

Market data is provided for information only and comes from free public sources. Prices may be delayed up to 15 minutes; data may be incomplete or inaccurate. Nothing on this page is investment advice or a recommendation to buy or sell any security. News and coverage analytics are drawn from the 4SEARCH.business index. Terms of use. How to use Finance