MERCANTILE BANK CORP Share Price Today: Live Updates & Key Insights

MERCANTILE BANK CORP share price today is $48.78, up -3.26%. The stock opened at $50.45 against the previous close of $50.28, with an intraday high of $50.45 and low of $48.59.

MERCANTILE BANK CORP Share Price Chart

MERCANTILE BANK CORP

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MERCANTILE BANK CORP Share Price Performance

$48.78 -0.0326(-3.26%) MBWM at 23 Mar 2026 02:13 PM Banks - Regional
Lowest Today 48.59
Highest Today 50.45
Today’s Open 50.45
Prev. Close 50.28
52 Week High 55.35
52 Week Low 36.57
Day’s Range: Low 48.59 High 50.45
52-Week Range: Low 36.57 High 55.35
1 day return -
1 Week return -3.4
1 month return -7.36
3 month return -1.17
6 month return +3.79
1 year return +7.05
3 year return +54.76
5 year return +52.38
10 year return -

MERCANTILE BANK CORP Institutional Holdings

BlackRock Inc 8.29

Vanguard Group Inc 6.17

Dimensional Fund Advisors, Inc. 5.97

American Century Companies Inc 3.00

Renaissance Technologies Corp 2.87

Vanguard Total Stock Mkt Idx Inv 2.86

State Street Corp 2.73

Avantis US Small Cap Value ETF 2.59

JPMorgan Chase & Co 2.49

Geode Capital Management, LLC 2.33

iShares Russell 2000 ETF 2.28

NorthStar Asset Management, Inc. 2.17

LSV Asset Management 1.71

Wellington Management Company LLP 1.71

Tributary Capital Management, LLC 1.44

DFA US Small Cap Value I 1.35

Hotchkis & Wiley Capital Management LLC 1.17

Vanguard Institutional Extnd Mkt Idx Tr 1.02

Northern Trust Corp 1.01

Tributary Small Cap Equity 0.98

Morgan Stanley - Brokerage Accounts 0.97

AQR Capital Management LLC 0.92

Fidelity Small Cap Index 0.90

Tributary Small Company Instl 0.79

iShares Russell 2000 Value ETF 0.79

Charles Schwab Investment Management Inc 0.77

DFA US Targeted Value I 0.76

Banc Funds Co LLC 0.76

ProShare Advisors LLC 0.75

ProShares Russell 2000 Dividend Growers 0.74

Two Sigma Investments LLC 0.70

DFA US Small Cap I 0.60

State St Russell Sm/Mid Cp® Indx SL Cl I 0.55

Dimensional US Targeted Value ETF 0.53

Vanguard Dividend Appreciation ETF 0.52

Fidelity Extended Market Index 0.50

State Street® SPDR® S&PRgnllBkgETF 0.46

Schwab US Small-Cap ETF™ 0.46

EA Bridgeway Omni Small-Cap Value ETF 0.45

Dimensional US Small Cap Value ETF 0.44

MERCANTILE BANK CORP Market Status

Strong Buy: 1

Buy: 1

Hold: 3

Sell: 0

Strong Sell: 0

MERCANTILE BANK CORP Fundamentals

Market Cap 840.16 M

PB Ratio 1.159

PE Ratio 8.8921

Enterprise Value 1100.23 M

Total Assets 6835.22 M

Volume 345064

MERCANTILE BANK CORP Company Financials

Annual Revenue FY25:371801000 371.8M, FY23:227154000 227.2M, FY22:190321000 190.3M, FY21:179224000 179.2M, FY20:167418000 167.4M

Annual Profit FY25:238052000 238.1M, FY23:null 0.0M, FY22:190321000 190.3M, FY21:179224000 179.2M, FY20:167418000 167.4M

Annual Net worth FY25:88754000 88.8M, FY23:83990000 84.0M, FY22:61063000 61.1M, FY21:59021000 59.0M, FY20:44138000 44.1M

Quarterly Revenue Q4/2025:93310000 93.3M, Q3/2025:96031000 96.0M, Q2/2025:93420000 93.4M, Q1/2025:89040000 89.0M, Q3/2024:83412000 83.4M

Quarterly Profit Q4/2025:61371000 61.4M, Q3/2025:62190000 62.2M, Q2/2025:59341000 59.3M, Q1/2025:55150000 55.2M, Q3/2024:93079000 93.1M

Quarterly Net worth Q4/2025:22841000 22.8M, Q3/2025:23758000 23.8M, Q2/2025:22618000 22.6M, Q1/2025:19537000 19.5M, Q3/2024:19618000 19.6M

About MERCANTILE BANK CORP & 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. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Organisation Banks - Regional

Employees 744

Industry Banks - Regional

CEO Mr. Raymond E. Reitsma

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MERCANTILE BANK CORP FAQs

What is the share price of MERCANTILE BANK CORP today?

The current share price of MERCANTILE BANK CORP is $48.78.

Can I buy MERCANTILE BANK CORP shares in India?

Yes, Indian investors can buy MERCANTILE BANK CORP shares by opening an international trading and demat account with Motilal Oswal.

How to buy MERCANTILE BANK CORP shares in India?

You can easily invest in MERCANTILE BANK CORP shares from India by:

Can I buy fractional shares of MERCANTILE BANK CORP?

Yes, many platforms allow you to buy fractional shares starting from as low as $1.

What is the market capitalization value of MERCANTILE BANK CORP?

MERCANTILE BANK CORP has a market cap of $840.16 M.

In which sector does MERCANTILE BANK CORP belong?

MERCANTILE BANK CORP operates in the Banks - Regional sector.

What documents are required to invest in MERCANTILE BANK CORP stocks?

To invest, you typically need:

What is the PE and PB ratio of MERCANTILE BANK CORP?

The PE ratio of MERCANTILE BANK CORP is 8.89 and the PB ratio is 1.16.