MBWMNMSFinancials·Banks - Regional#157 in industry

Mercantile Bank Corporation

Reports in 85d· 2026-07-21

+2.6% · 90d

$51.27

+0.65 (+1.28%)

News

(2)

April 2026

Apr 21, 20261 week ago8-KFinancials

MBWM lowers LDR to 89 percent after strong local deposit growth

MBWMMERCANTILE BANK CORP

# 📜 What This Document Is 🏛️ This filing is a Form 8-K, which is a mandatory filing used to report major, unscheduled events or material changes that happened at the company. In this case, it serves as a press release detailing Mercantile Bank Corporation's financial results for the first quarter

Read summaryView on SEC EDGAR

Apr 2, 20263 weeks agoDEF 14AFinancials

MERCANTILE BANK CORP — DEF 14A Filing

MBWMMERCANTILE BANK CORP

# 🔍 What This Document Is This is Mercantile Bank Corporation's **Definitive Proxy Statement (DEF 14A)**. It's a formal document sent to shareholders ahead of the **2026 Annual Meeting**, explaining what will be voted on and providing key company information. Think of it as the "voter's guide" for

Read summaryView on SEC EDGAR

Key Data

Market Cap$885.7M

Open$50.59

Prev Close$50.62

Day Range$50.59 – $51.44

52W Range$41.35 – $55.77

Volume105,724

P/E (TTM)9.19

EPS$5.58

Dividend Yield3.08%

Beta0.87

Profit Margin36.37%

Revenue Growth25.80%

Price Target$59.33(+15.7%)

Next Earnings2026-07-21(85d)

Analyst Ratings

Buy6 analysts

Buy 3Hold 3Sell 0

About

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.

Financials · Banks - Regional

766 employees

www.mercbank.com