MERCANTILE BANK CORP (MBWM) stock: key figures, P/E, revenue and dividend

Financials · United States · ISIN US5873761044

Price
60.65 USD
Market cap
1.05 bn USD
P/E (2025)
11.09
P/S (2025)
–
Dividend yield
2.57 %
Net margin
–
Return on equity (ROE)
12.24 %
Return on assets (ROA)
1.30 %

MERCANTILE BANK CORP financials

Fiscal year20242025
EBIT98.29 m USD103.49 m USD
Net income79.59 m USD88.75 m USD
Diluted EPS – continuing operations4.93 USD5.47 USD

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About MERCANTILE BANK CORP

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.

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Not investment advice. All data without warranty, price as of 29.10.2026. Details in the risk notice.