M
MERCANTILE BANK CORPORATION
NASDAQ: MBWM (Mercantile Bank Corporation)
Last update: 20 hours ago50.24
-0.22 (-0.44%)
| Previous Close | 50.46 |
| Open | 50.25 |
| Volume | 78,032 |
| Avg. Volume (3M) | 79,477 |
| Market Cap | 863,020,416 |
| Price / Earnings (TTM) | 9.53 |
| Price / Earnings (Forward) | 10.87 |
| Price / Sales | 3.30 |
| Price / Book | 1.27 |
| 52 Weeks Range | |
| Earnings Date | 20 Jan 2026 |
| TTM Dividend Yield | 2.99% |
| Profit Margin | 41.62% |
| Operating Margin (TTM) | 43.75% |
| Diluted EPS (TTM) | 5.03 |
| Quarterly Revenue Growth (YOY) | 111,332.20% |
| Quarterly Earnings Growth (YOY) | 120,298.21% |
| Operating Cash Flow (TTM) | 57.91 M |
| Return on Assets (TTM) | 0.06% |
| Return on Equity (TTM) | 0.60% |
Market Trend
| Short Term | Medium Term | ||
| Industry | Banks - Regional (US) | Bullish | Bullish |
| Banks - Regional (Global) | Bullish | Bullish | |
| Stock | Mercantile Bank Corporation | Bullish | Bearish |
AIStockmoo Score
1.1
| Analyst Consensus | 1.5 |
| Insider Activity | 1.5 |
| Price Volatility | -0.5 |
| Technical Moving Averages | -1.0 |
| Technical Oscillators | 4.0 |
| Average | 1.10 |
|
Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments. |
|
| Sector | Financial Services |
| Industry | Banks - Regional |
| Investment Style | Small Value |
| % Held by Insiders | 3.46% |
| % Held by Institutions | 65.86% |
Ownership
| Name | Date | Shares Held |
|---|---|---|
| Tributary Capital Management, Llc | 30 Sep 2025 | 497,402 |
| North Star Asset Management Inc | 30 Sep 2025 | 355,340 |
| 52 Weeks Range | ||
| Median | 54.00 (7.48%) | |
| Total | 1 Buy | |
| Firm | Date | Target Price | Call | Price @ Call |
|---|---|---|---|---|
| Raymond James | 07 Jan 2026 | 54.00 (7.48%) | Buy | 48.75 |
| 22 Oct 2025 | 52.00 (3.50%) | Buy | 45.26 |
| Name | Avg. Buy ($) | Avg. Sell ($) | Net Quantity | Net Value ($) |
|---|---|---|---|---|
| SCHWEIHOFER STEVEN | 48.76 | - | 321 | 15,652 |
| Aggregate Net Quantity | 321 | |||
| Aggregate Net Value ($) | 15,652 | |||
| Aggregate Avg. Buy ($) | 48.76 | |||
| Aggregate Avg. Sell ($) | - | |||
| Name | Holder | Date | Type | Quantity | Price | Value ($) |
|---|---|---|---|---|---|---|
| SCHWEIHOFER STEVEN | Director | 06 Jan 2026 | Acquired (+) | 321 | 48.76 | 15,652 |
| Date | Type | Details |
|---|---|---|
| 31 Dec 2025 | Announcement | Mercantile Bank Corporation Announces Completion of Merger with Eastern Michigan Financial Corporation |
| 29 Dec 2025 | Announcement | Mercantile Bank Corporation Announces Fourth Quarter and Full Year 2025 Results Conference Call and Webcast |
| 16 Dec 2025 | Announcement | Mercantile Bank Corporation and Eastern Michigan Financial Corporation Announce Receipt of All Required Regulatory Approvals for Pending Merger |
| 21 Oct 2025 | Announcement | Mercantile Bank Corporation Announces Strong Third Quarter 2025 Results |
| 21 Oct 2025 | Announcement | Mercantile Bank Corporation Declares Regular Cash Dividend |
| TTM Dividend Yield | 2.99% |
| 5Y Average Dividend Yield | 3.35% |
| Payout Ratio | 29.03% |
| Expected Next Dividend Payment | Mar 2026 |
| Ex Date | Announcement Date | Payment Date | Details |
|---|---|---|---|
| 05 Dec 2025 | 16 Oct 2025 | 17 Dec 2025 | 0.38 Cash |
| 05 Sep 2025 | 17 Jul 2025 | 17 Sep 2025 | 0.38 Cash |
| 06 Jun 2025 | 17 Apr 2025 | 18 Jun 2025 | 0.37 Cash |
| 07 Mar 2025 | 16 Jan 2025 | 19 Mar 2025 | 0.37 Cash |
| 06 Dec 2024 | 10 Oct 2024 | 18 Dec 2024 | 0.36 Cash |
| 06 Sep 2024 | 11 Jul 2024 | 18 Sep 2024 | 0.36 Cash |
| 07 Jun 2024 | 11 Apr 2024 | 19 Jun 2024 | 0.35 Cash |
| 29 Feb 2024 | 11 Jan 2024 | 13 Mar 2024 | 0.35 Cash |
| 30 Nov 2023 | 12 Oct 2023 | 13 Dec 2023 | 0.34 Cash |
| 31 Aug 2023 | 13 Jul 2023 | 13 Sep 2023 | 0.34 Cash |
| 01 Jun 2023 | 13 Apr 2023 | 14 Jun 2023 | 0.33 Cash |
| 02 Mar 2023 | 12 Jan 2023 | 15 Mar 2023 | 0.33 Cash |
| 01 Dec 2022 | 13 Oct 2022 | 14 Dec 2022 | 0.32 Cash |
| 01 Sep 2022 | 14 Jul 2022 | 14 Sep 2022 | 0.32 Cash |
| 02 Jun 2022 | 14 Apr 2022 | 15 Jun 2022 | 0.31 Cash |
| 03 Mar 2022 | 13 Jan 2022 | 16 Mar 2022 | 0.31 Cash |
| 02 Dec 2021 | 14 Oct 2021 | 15 Dec 2021 | 0.3 Cash |
| 02 Sep 2021 | 15 Jul 2021 | 15 Sep 2021 | 0.3 Cash |
| 03 Jun 2021 | 15 Apr 2021 | 16 Jun 2021 | 0.29 Cash |
| 04 Mar 2021 | 14 Jan 2021 | 17 Mar 2021 | 0.29 Cash |
| 03 Dec 2020 | 15 Oct 2020 | 16 Dec 2020 | 0.28 Cash |
| 03 Sep 2020 | 16 Jul 2020 | 16 Sep 2020 | 0.28 Cash |
| 04 Jun 2020 | 16 Apr 2020 | 17 Jun 2020 | 0.28 Cash |
| 05 Mar 2020 | 16 Jan 2020 | 18 Mar 2020 | 0.28 Cash |
| 05 Dec 2019 | 10 Oct 2019 | 18 Dec 2019 | 0.27 Cash |
| 05 Sep 2019 | 11 Jul 2019 | 18 Sep 2019 | 0.27 Cash |
| 06 Jun 2019 | 11 Apr 2019 | 19 Jun 2019 | 0.26 Cash |
| 07 Mar 2019 | 17 Jan 2019 | 20 Mar 2019 | 0.26 Cash |
| 06 Dec 2018 | 11 Oct 2018 | 19 Dec 2018 | 1 Cash |
| 06 Sep 2018 | 12 Jul 2018 | 19 Sep 2018 | 0.24 Cash |
| 07 Jun 2018 | 12 Apr 2018 | 20 Jun 2018 | 0.22 Cash |
| 08 Mar 2018 | 11 Jan 2018 | 21 Mar 2018 | 0.22 Cash |
| 07 Dec 2017 | 12 Oct 2017 | 20 Dec 2017 | 0.19 Cash |
| 07 Sep 2017 | 13 Jul 2017 | 20 Sep 2017 | 0.19 Cash |
| 07 Jun 2017 | 13 Apr 2017 | 21 Jun 2017 | 0.18 Cash |
| 08 Mar 2017 | 12 Jan 2017 | 22 Mar 2017 | 0.18 Cash |
| 07 Dec 2016 | 13 Oct 2016 | 21 Dec 2016 | 0.67 Cash |
| 07 Sep 2016 | 14 Jul 2016 | 21 Sep 2016 | 0.17 Cash |
| 08 Jun 2016 | 14 Apr 2016 | 23 Jun 2016 | 0.16 Cash |
| 09 Mar 2016 | 14 Jan 2016 | 23 Mar 2016 | 0.16 Cash |
| 09 Dec 2015 | 15 Oct 2015 | 23 Dec 2015 | 0.15 Cash |
| 09 Sep 2015 | 16 Jul 2015 | 23 Sep 2015 | 0.15 Cash |
| 10 Jun 2015 | 16 Apr 2015 | 24 Jun 2015 | 0.14 Cash |
| 11 Mar 2015 | 15 Jan 2015 | 25 Mar 2015 | 0.14 Cash |
| 10 Dec 2014 | 16 Oct 2014 | 24 Dec 2014 | 0.12 Cash |
| 10 Sep 2014 | 17 Jul 2014 | 24 Sep 2014 | 0.12 Cash |
| 11 Jun 2014 | 09 May 2014 | 25 Jun 2014 | 0.12 Cash |
| 20 May 2014 | 09 May 2014 | 29 May 2014 | 2 Cash |
| 06 Feb 2014 | 16 Jan 2014 | 10 Mar 2014 | 0.12 Cash |
| 06 Nov 2013 | 10 Oct 2013 | 10 Dec 2013 | 0.12 Cash |
| 07 Aug 2013 | 11 Jul 2013 | 10 Sep 2013 | 0.12 Cash |
| 06 Feb 2013 | 10 Jan 2013 | 08 Mar 2013 | 0.1 Cash |
| Show more | |||
Annual Dividend Yield
| Year | Annual Dividend ($) | Frequency/Year | Yield % |
|---|---|---|---|
| 2025 | 1.50 | 4 | 3.12 |
| 2024 | 1.42 | 4 | 3.19 |
| 2023 | 1.34 | 4 | 3.32 |
| 2022 | 1.26 | 4 | 3.76 |
| 2021 | 1.18 | 4 | 3.37 |
| 2020 | 1.12 | 4 | 4.12 |
| 2019 | 1.06 | 4 | 2.91 |
| 2018 | 1.68 | 4 | 5.95 |
| 2017 | 0.740 | 4 | 2.09 |
| 2016 | 1.16 | 4 | 3.08 |
| 2015 | 0.580 | 4 | 2.36 |
| 2014 | 2.48 | 5 | 11.80 |
| 2013 | 0.340 | 3 | 1.58 |
| Show more | |||
The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.
Portfolio
| Realized Profit | - |
| Unrealized Profit | - |
| Dividend Received 2026 | - |
| Total Profit | - |
| Avg. Return | - |
| Quantity (Buy) | - |
| Avg. Price (Buy) | - |
| Quantity (Sold) | - |
| Avg. Price (Sold) | - |