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US Stock Details

Get in-depth insights on US stocks, including fundamentals, financials, shareholding, peer comparison, and performance. Track key metrics, price trends, and market sentiment for informed decisions. Stay ahead with expert analysis and data-driven strategies at Motilal Oswal.

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MERCANTILE BANK CORP

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$47.64 0.0259(2.59%) MBWM at 04 Dec 2025 04:38 PM Banks - Regional
Lowest Today 46.9
Highest Today 47.65
Today’s Open 46.95
Prev. Close 46.42
52 Week High 50.64
52 Week Low 37.15
Day’s Range: Low 46.9 High 47.65
52-Week Range: Low 37.15 High 50.64
1 day return -
1 Week return +3.25
1 month return +8.22
3 month return -1.97
6 month return +9.06
1 year return -6.34
3 year return +42.97
5 year return +86.09
10 year return -

Institutional Holdings

BlackRock Inc 9.28

Dimensional Fund Advisors, Inc. 6.54

Vanguard Group Inc 6.40

Vanguard Total Stock Mkt Idx Inv 3.02

Renaissance Technologies Corp 2.99

American Century Companies Inc 2.79

State Street Corp 2.64

Geode Capital Management, LLC 2.50

iShares Russell 2000 ETF 2.39

Avantis US Small Cap Value ETF 2.37

NorthStar Asset Management, Inc. 2.19

LSV Asset Management 1.96

Tributary Capital Management, LLC 1.59

DFA US Small Cap Value I 1.57

Banc Funds Co LLC 1.20

Tributary Small Cap Equity 1.17

Vanguard Institutional Extnd Mkt Idx Tr 1.09

Northern Trust Corp 1.09

Fidelity Small Cap Index 0.98

Tributary Small Company Instl 0.96

JPMorgan Chase & Co 0.96

Millennium Management LLC 0.91

Hotchkis & Wiley Capital Management LLC 0.91

iShares Russell 2000 Value ETF 0.87

ProShare Advisors LLC 0.85

ProShares Russell 2000 Dividend Growers 0.82

Charles Schwab Investment Management Inc 0.82

DFA US Targeted Value I 0.81

Morgan Stanley - Brokerage Accounts 0.70

AQR Capital Management LLC 0.67

Bridgeway Capital Management, LLC 0.66

DFA US Small Cap I 0.64

Dimensional US Targeted Value ETF 0.60

Fidelity Extended Market Index 0.55

Vanguard Dividend Appreciation ETF 0.54

Schwab US Small-Cap ETF™ 0.48

Dimensional US Small Cap Value ETF 0.47

Vanguard Russell 2000 ETF 0.47

DFA US Micro Cap I 0.46

SPDR® S&P Regional Banking ETF 0.42

Market Status

Strong Buy: 1

Buy: 1

Hold: 3

Sell: 0

Strong Sell: 0

Fundamentals

Market Cap 754.49 M

PB Ratio 1.149

PE Ratio 8.8251

Enterprise Value 1020.02 M

Total Assets 6052.16 M

Volume 53238

Company Financials

Annual Revenue FY23:227154000 227.2M, FY22:190321000 190.3M, FY21:179224000 179.2M, FY20:167418000 167.4M, FY19:151490000 151.5M

Annual Profit FY23:null 0.0M, FY22:190321000 190.3M, FY21:179224000 179.2M, FY20:167418000 167.4M, FY19:151490000 151.5M

Annual Net worth FY23:83990000 84.0M, FY22:61063000 61.1M, FY21:59021000 59.0M, FY20:44138000 44.1M, FY19:49456000 49.5M

Quarterly Revenue Q3/2025:96031000 96.0M, Q2/2025:93420000 93.4M, Q1/2025:89040000 89.0M, Q3/2024:83412000 83.4M, Q2/2024:88560000 88.6M

Quarterly Profit Q3/2025:62190000 62.2M, Q2/2025:59341000 59.3M, Q1/2025:55150000 55.2M, Q3/2024:93079000 93.1M, Q2/2024:78879000 78.9M

Quarterly Net worth Q3/2025:23758000 23.8M, Q2/2025:22618000 22.6M, Q1/2025:19537000 19.5M, Q3/2024:19618000 19.6M, Q2/2024:18786000 18.8M

Fund house & investment objective

Company Information 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. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Organisation Banks - Regional

Employees 683

Industry Banks - Regional

CEO Mr. Raymond E. Reitsma

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Disclaimer: These services are not for exchange traded products. The securities quoted are exemplary and not recommendatory. Please be informed that US Stocks are not exchange traded funds in India and Motilal Oswal Financial Services acts in the capacity of facilitator of this product. All disputes with respect to the transaction facilitation services, would not have access to Indian Exchange investor redressal forum or Arbitration mechanism in India. T&C apply*

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