Loading data for MBWM — first visit, this takes a few seconds.

Mercantile Bank Corporati...

NasdaqGS: MBWM · Real-Time Price · USD
60.59
-0.28 (-0.46%)
At close: Aug 19, 2026, 2:20 PM

Mercantile Bank Corporation (MBWM) Stock Price, Analysis & Data

-0.46%

No data available

Bid43.36
Market Cap1.05B
Revenue (ttm)263.91M
Net Income (ttm)95.21M
Beta0.81
EPS (ttm)5.66
PE Ratio (ttm)10.71
Forward PE10.57
P/B (ttm)1.39
P/S (ttm)3.97
Earnings DateOct 20, 2026
Ask78.29
Volume4,659
Avg. Volume (20D)139,482
Open60.82
Previous Close60.87
Day's Range60.59 - 61.15
52-Week Range42.75 - 62.39
AnalystHold
Price Target63.5 (4.80%)
Dividends$1.56 (2.56%)
Ex-Dividend DateSep 4, 2026

About MBWM

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 resi...

IPO Date Jul 20, 1999
Employees 827
Stock Exchange NasdaqGS
Ticker Symbol MBWM
Full Company Profile

Financial Performance

In 2025, Mercantile Bank's revenue was 242.65M, an increase of 4.83% compared to the previous year's 231.47M. Earnings were 88.75M, an increase of 11.51%.

Financial Statements

Analyst Forecast

According to 6 analyst ratings, the average rating for MBWM stock is "Hold". The 12-month stock price forecast is 63.5, which is upside of 4.8% from the latest price.

Stock Forecasts

Earnings Surprise

Mercantile Bank has released their quarterly earnings on Jul 21, 2026:
  • Revenue of $68.76M misses estimates by $0, with 12.82% YoY growth.
  • EPS of 1.53 exceeds estimates by 0.20, with 10.07% YoY growth.
  • Mercantile Bank Corporation is scheduled to release its earnings on Oct 20, 2026, before market opens.
    Analysts project revenue of ... Upgrade