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MBWM

Mercantile Bank CorporationOpen

58.07−0.22 −0.38%USD

NasdaqGS · as of Oct 13, 13:41 ET · 15m delay

Open

58.65

Prev close

58.29

Day range

57.7058.79

52-week range

42.7562.95

Volume

38.01K0.32×

Mkt cap

1.00B

P/E ttm

10.21

Fwd P/E

10.10

EPS ttm

5.69

Div yield

2.67%

Earnings

Oct 20, 2026

From 52w high

−7.75%

Price Chart

Yahoo Finance · delayed

MBWMOct 13, 2026O 58.65H 58.79L 57.70C 58.07−0.22 (−0.38%)Vol 38.01K

SMA 5060.11
SMA 20054.71

1Y change +31.53% since Oct 10, 2025 close540 bars loadedTimes in America/New_YorkDraw from the left toolbar · click a drawing to edit · right-click for alerts and export

MBWM Mercantile Bank Corporation · Last Guard Finance

DES

Key Statistics

Yahoo Finance

Performance

1 week: −1.29%
1 month: −5.94%
3 months: +1.79%
6 months: +8.48%
Year to date: +20.73%
1 year: +28.82%

Valuation & ownership

Market cap: 1.00B
Enterprise value: 1.36B
P/E (ttm): 10.21
Forward P/E: 10.10
PEG ratio: 1.63
Price / book: 1.33
Price / sales (ttm): 3.80
EV / EBITDA: —
EPS (ttm): 5.69
EPS (forward): 5.75
Beta (5y monthly): 0.84
Dividend yield: 2.67%
Payout ratio: 27.07%
Shares outstanding: 17.29M
Float: 16.84M
Short % of float: 3.72%
Short ratio (days): 5.38
Held by insiders: 3.10%
Held by institutions: 71.03%
Avg volume (3m): 119.69K
50-day average: 60.16
200-day average: 54.66
52-week change: +28.82%
S&P 500 52-week: +17.50%

Technicals (daily)

RSI (14): 41.4
vs 50-day SMA: −3.39%
vs 200-day SMA: +6.14%
50 / 200-day trend: ▲ 50 above 200
MACD vs signal: ▼ below
ATR (14) % of price: 2.05%
Realised vol (20d, ann.): 14.5%
From 52-week high: −7.75%
From 52-week low: +35.84%

ANR

Analyst Consensus

6 analysts

Consensus

Hold

2.67 on a 1 (strong buy) – 5 (sell) scale

Mean target

63.17

+8.78% implied

Low 60.00Median 63.50High 65.00

Recommendation trend

Now2 / 4 / 0
1m ago2 / 4 / 0

DES

About Mercantile Bank Corporation

Yahoo Finance profile

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.

Sector: Financial Services
Industry: Banks - Regional
Employees: 827
Headquarters: Grand Rapids, MI, United States
Website: mercbank.com
Officers: Mr. Raymond E. Reitsma President, CEO & Director
Mr. Charles E. Christmas Executive VP, CFO & Treasurer

SEAS

Seasonality · MBWM

2007–2026 · monthly returns

Strongest month Nov +4.72%Weakest month Sep −2.69%Averages use completed years only. Past seasonality doesn't predict future returns.

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Year
2026	8.1	-0.6	-2.2	1.6	3.3	8.4	4.6	-0.5	-2.4	-0.4			+20.7%
2025	9.7	-1.2	-9.9	-2.6	4.4	5.1	-1.6	7.8	-8.6	-2.6	4.9	4.6	+8.1%
2024	-0.7	-8.1	4.5	-6.3	6.2	5.9	19.2	-4.9	-4.9	-2.0	16.8	-11.1	+10.2%
2023	2.5	0.8	-11.6	-8.2	-7.2	6.1	27.2	-5.0	-7.4	6.6	4.4	17.4	+20.6%
2022	9.8	-4.2	-3.9	-11.3	5.3	-3.3	10.9	-6.7	-10.2	17.6	-0.4	-3.8	−4.4%
2021	-0.1	7.7	11.0	-0.6	0.1	-6.5	3.5	-0.2	2.7	7.3	-2.3	4.3	+28.9%
2020	-10.1	-12.5	-26.2	11.5	-2.8	-1.5	-5.8	2.6	-17.5	21.3	13.6	9.4	−25.5%
2019	17.5	4.3	-5.5	3.3	-8.7	5.6	3.1	-8.4	6.6	7.3	0.1	3.5	+29.1%
2018	-1.4	-5.1	0.5	6.2	2.3	2.4	-3.9	-0.3	-5.8	-4.8	0.6	-11.5	−20.1%
2017	-14.3	3.5	2.9	-2.2	-7.6	1.3	1.1	-4.5	14.8	3.4	2.8	-4.7	−6.2%
2016	-8.9	1.0	-0.7	7.6	1.3	-2.4	5.5	6.4	0.2	2.5	19.2	14.9	+53.6%
2015	-9.6	0.1	2.8	1.4	1.0	7.0	-3.8	-1.5	2.4	6.2	17.3	-5.1	+16.7%
2014	-7.3	1.4	1.6	-5.4	9.8	6.8	-16.4	-0.9	0.5	3.6	-2.8	9.7	−2.6%
2013	0.0	1.0	-1.0	1.3	0.5	7.0	11.1	0.2	8.9	0.3	2.0	-3.1	+30.8%
2012	17.0	17.9	5.8	5.0	-2.5	26.6	-10.2	2.4	1.1	-3.6	-12.4	14.0	+69.2%
2011	9.8	-7.1	16.5	-6.7	-0.4	-8.3	18.0	-14.7	-6.7	14.4	5.6	3.6	+18.9%
2010	26.9	-3.3	5.0	50.4	-0.3	-9.7	0.4	-9.1	-8.2	-7.6	63.5	20.6	+166.2%
2009	9.8	-15.5	34.6	-27.7	-1.8	-13.4	17.0	16.6	-6.7	-15.0	-7.6	-6.7	−28.4%
2008	-8.4	-4.9	-23.6	-3.5	-15.6	-14.6	23.1	-1.9	-7.8	21.3	-28.9	-37.6	−72.3%
2007	-7.4	-2.7	-4.4	-12.8	2.0	-1.4	-24.2	9.4	-4.5	-14.6	-6.5	-9.5	−56.8%

INSD

Insider Activity · MBWM

Market-wide insider buying →Congress trades →SEC Form 4 filings via Yahoo Finance

Buys, 6 months

0 shares

Sells, 6 months

— shares

Net shares

Net change in insider shares

—

Date	Insider	Transaction	Shares	Value
May 21, 2026	Ramaker David BDirector	Stock Award(Grant) at price 0.00 per share.	801	—
May 21, 2026	Price Michael HDirector	Stock Award(Grant) at price 0.00 per share.	1.1K	—
May 21, 2026	Eldridge Michelle LarabeeDirector	Stock Award(Grant) at price 0.00 per share.	830	—
May 21, 2026	Davenport Michael S.Director	Stock Award(Grant) at price 0.00 per share.	753	—
May 21, 2026	Sparks Amy LDirector	Stock Award(Grant) at price 0.00 per share.	906	—
May 21, 2026	Sanchez Nelson FDirector	Stock Award(Grant) at price 0.00 per share.	715	—
May 21, 2026	Macdonald Richard DDirector	Stock Award(Grant) at price 0.00 per share.	715	—
May 21, 2026	Jones Joseph DDirector	Stock Award(Grant) at price 0.00 per share.	715	—
May 21, 2026	Williams Shoran RDirector	Stock Award(Grant) at price 0.00 per share.	715	—
May 21, 2026	Schmidt Sara ADirector	Stock Award(Grant) at price 0.00 per share.	715	—
May 21, 2026	Schweihofer StevenDirector	Stock Award(Grant) at price 0.00 per share.	715	—
Feb 12, 2026	Christmas Charles EChief Financial Officer	Stock Award(Grant) at price 0.00 per share.	1.3K	—
Feb 12, 2026	Reitsma Raymond EChief Executive Officer	Stock Award(Grant) at price 0.00 per share.	1.8K	—
Feb 4, 2026	Christmas Charles EChief Financial Officer	Stock Award(Grant) at price 0.00 per share.	4.2K	—
Feb 4, 2026	Reitsma Raymond EChief Executive Officer	Stock Award(Grant) at price 0.00 per share.	11.3K	—
Feb 4, 2026	Hoover BrettOfficer	Stock Award(Grant) at price 0.00 per share.	2.8K	—
Feb 4, 2026	Setlock Scott PChief Operating Officer	Stock Award(Grant) at price 0.00 per share.	3.4K	—
Feb 4, 2026	Randall Tara MOfficer	Stock Award(Grant) at price 0.00 per share.	2.7K	—
Feb 4, 2026	Augustyn Mark SOfficer	Stock Award(Grant) at price 0.00 per share.	4.3K	—
Jan 5, 2026	Schweihofer StevenDirector	Stock Award(Grant) at price 0.00 per share.	321	—

13F

Investors Holding MBWM

latest 13F filings of 29 followed managers

Investors holding MBWM
Investor	Value	Of portfolio	Shares	Change	Quarter
Renaissance Technologies	$25.6M	0.04%	446.61K	−5.4%	Q2 2026

From each investor's quarterly 13F filing with the SEC: positions at the quarter's end, reported up to 45 days later. All investors

MBWM

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Key Statistics

Performance

Valuation & ownership

Technicals (daily)

Analyst Consensus

About Mercantile Bank Corporation

Seasonality · MBWM

Insider Activity · MBWM

Congress Trades · MBWM

Investors Holding MBWM

Investors Holding MBWM

Congress Trades · MBWM

Insider Activity · MBWM

Seasonality · MBWM

Key Statistics

Performance

Valuation & ownership

Technicals (daily)

Analyst Consensus

About Mercantile Bank Corporation

Financial Snapshot

Earnings & Dividends

News