43.76

0.32% -0.14

Mercantile Bank Corp (MBWM)

Overview News Price History Option Chain Financials Discussions Forecast Stock Split Dividend History

Mercantile Bank Corp stock is traded at $43.76, with a volume of 41,873. It is down -0.32% in the last 24 hours and up +6.42% over the past month. Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.

Previous Close:

$43.90

Open:

$43.87

24h Volume:

41,873

Relative Volume:

0.68

Market Cap:

$708.26M

Revenue:

$228.58M

Net Income/Loss:

$82.80M

P/E Ratio:

8.4806

EPS:

5.16

Net Cash Flow:

$83.15M

1W Performance:

+0.31%

1M Performance:

+6.42%

6M Performance:

-9.70%

1Y Performance:

+10.51%

1-Day Range:

$43.60

$44.45

1-Week Range:

$42.24

$44.45

52-Week Range:

$35.61

$52.98

Mercantile Bank Corp Stock (MBWM) Company Profile

Name

Mercantile Bank Corp

Sector

Financial (5096)

Industry

Banks - Regional (368)

Phone

616 406-3000

Address

310 LEONARD STREET NW, GRAND RAPIDS, MI

Employee

682

Twitter

@mercbank

Next Earnings Date

2025-04-22

Latest SEC Filings

MBWM's Discussions on Twitter

Compare MBWM with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
MBWM Mercantile Bank Corp	43.76	708.26M	228.58M	82.80M	83.15M	5.16
HDB Hdfc Bank Ltd Adr	70.48	187.79B	23.97B	7.51B	11.69B	3.1961
IBN Icici Bank Ltd Adr	32.31	121.81B	24.29B	6.03B	9.52B	1.6821
ITUB Itau Unibanco Holding S A Adr	6.61	66.86B	28.90B	7.64B	-55.73M	0.7046
PNC Pnc Financial Services Group Inc	166.44	65.48B	21.11B	6.04B	5.61B	14.16
USB U S Bancorp	42.02	64.69B	27.58B	6.69B	8.33B	4.04

Mercantile Bank Corp Stock (MBWM) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jan-22-25	Upgrade	Hovde Group	Market Perform → Outperform
May-08-24	Downgrade	Janney	Buy → Neutral
Mar-04-24	Downgrade	Hovde Group	Outperform → Market Perform
Jan-16-24	Upgrade	Janney	Neutral → Buy
Mar-07-23	Upgrade	Piper Sandler	Neutral → Overweight
Jan-18-23	Downgrade	Raymond James	Outperform → Mkt Perform
Oct-06-22	Downgrade	Raymond James	Strong Buy → Outperform
Jul-28-22	Upgrade	Hovde Group	Market Perform → Outperform
Mar-02-22	Upgrade	Raymond James	Outperform → Strong Buy
Jan-19-22	Upgrade	Raymond James	Mkt Perform → Outperform
Mar-01-18	Upgrade	Keefe Bruyette	Mkt Perform → Outperform
Jul-06-17	Initiated	DA Davidson	Neutral
Jan-18-17	Downgrade	Raymond James	Outperform → Mkt Perform
Nov-29-16	Downgrade	Keefe Bruyette	Outperform → Mkt Perform
Nov-21-16	Initiated	Hovde Group	Market Perform
Aug-25-15	Upgrade	Raymond James	Mkt Perform → Outperform
Jul-22-15	Downgrade	Sandler O'Neill	Buy → Hold
Sep-26-13	Initiated	DA Davidson	Neutral
Apr-16-09	Reiterated	RBC Capital Mkts	Sector Perform
Jan-15-09	Downgrade	Stifel Nicolaus	Buy → Hold
Mar-19-08	Upgrade	Stifel Nicolaus	Hold → Buy
Jan-10-08	Reiterated	RBC Capital Mkts	Sector Perform
Oct-11-07	Reiterated	RBC Capital Mkts	Sector Perform
Jul-12-07	Reiterated	RBC Capital Mkts	Sector Perform
Apr-13-07	Downgrade	Stifel Nicolaus	Buy → Hold
Mar-21-07	Reiterated	Stifel Nicolaus	Buy

View All

Mercantile Bank Corp Stock (MBWM) Latest News

May 08, 2025

Mercantile Bank Launches Major Affordable Housing Initiative: $200,000 Investment Across 6 Michigan Communities - Stock Titan

May 01, 2025

Apr 30, 2025

BlackRock, Inc. Reduces Stake in Mercantile Bank Corp - GuruFocus

Apr 30, 2025

Apr 29, 2025

Legal & General Group Plc Has $693,000 Position in Mercantile Bank Co. (NASDAQ:MBWM) - Defense World

Apr 29, 2025

Apr 28, 2025

Capitec and Nedbank, potential buyers of Mercantile Bank - IOL

Apr 28, 2025

Apr 27, 2025

Mercantile Bank Corporation (NASDAQ:MBWM) Q1 2025 Earnings Call Transcript - MSN

Apr 27, 2025

Apr 25, 2025

Piper Sandler Cuts Mercantile Bank (NASDAQ:MBWM) Price Target to $47.50 - American Banking and Market News

Apr 25, 2025

Apr 24, 2025

Analysts Conflicted on These Financial Names: Mercantile Bank (MBWM), Veritex (VBTX) and Northern (NTRS) - The Globe and Mail

Apr 24, 2025

Apr 23, 2025

Mercantile Bank (MBWM) Reports Q1 Earnings: What Key Metrics Have to Say - MSN

Apr 23, 2025

Mercantile bank targets 3-5% loan growth in uncertain 2025 environment - MSN

Apr 23, 2025

Piper Sandler Adjusts Mercantile Bank (MBWM) Price Target to $47 - GuruFocus

Apr 23, 2025

Piper Sandler Adjusts Mercantile Bank (MBWM) Price Target to $47.50 | MBWM Stock News - GuruFocus

Apr 23, 2025