Mercantile Bank Corporation is the banking holding company for Mercantile Bank of Michigan providing commercial and retail banking services for small and medium-sized businesses and individuals in the United States. The company is headquartered in Grand Rapids, Michigan.
| Revenue (TTM) | $252.69M |
| Gross Profit (TTM) | $252.69M |
| EBITDA | — |
| Operating Margin | 41.00% |
| Return on Equity | 13.70% |
| Return on Assets | 1.40% |
| Revenue/Share (TTM) | $15.32 |
| Book Value | $42.66 |
| Price-to-Book | 1.36 |
| Price-to-Sales (TTM) | 3.92 |
| EV/Revenue | 5.87 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 9.10% |
| Quarterly Revenue Growth (YoY) | 25.80% |
| Shares Outstanding | $17.27M |
| Float | $16.83M |
| % Insiders | 3.10% |
| % Institutions | 69.00% |
Volatility is currently contracting
GRAND RAPIDS, Mich., June 30, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.
Mercantile Bank Corporation (MBWM) Shareholder/Analyst Call Prepared Remarks Transcript
Mercantile Bank Corporation (MBWM) Q1 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Mercantile Bank (MBWM) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.21 per share a year ago.
Growth in net interest income and key fee income categories with ongoing strength in asset quality measures and capital levels highlight the quarter GRAND RAPIDS, Mich., April 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $22.7 million, or $1.32 per diluted share, for the first quarter of 2026, compared with net income of $19.5 million, or $1.21 per diluted share, for the respective prior-year period.
Board of Directors declares $0.39 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 2.9% percent GRAND RAPIDS, Mich., April 21, 2026 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 16, 2026, its Board of Directors declared a regular quarterly cash dividend of $0.39 per common share, payable on June 17, 2026, to holders of record as of June 5, 2026.
