MBWM — MERCANTILE BANK CORP

Nasdaq · Financials · Banks · CIK 1042729 ·
Last close
$52.89
Market Cap
$913.64M
52W High
$55.00
52W Low
$48.30
ADV30
112,858
Next earnings
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.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 67,589,000 22,685,000 6,945,035,000 579,304,000 6,208,088,000
Dec 2025 62,071,000 22,840,000 6,835,219,000 473,324,000 6,110,335,000
Sep 2025 62,390,000 23,758,000 6,308,487,000 477,019,000 5,650,857,000
Jun 2025 60,941,000 22,618,000 6,180,988,000 296,072,000 5,549,469,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$49,258,000
Investing CF
$-48,417,000
Financing CF
$193,003,000
CapEx
$-6,165,000
Dividends Paid
$-24,683,000
Buybacks
EPS Diluted TTM
$5.57
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$415,499,000
Inventory
Receivables
ST Investments
$892,933,000
EBIT TTM
Pretax Income TTM
$106,729,000
Interest Exp TTM
$126,884,000
Analysts
6

Yahoo Snapshot (yfinance, live)

Total Revenue
$252,691,008
EBITDA
Free Cash Flow
Enterprise Value
$1,029,645,376
Total Cash
$598,163,968
Total Debt
$726,086,976
Shares Out
17,274,375
Trailing EPS
$5.59
Book Value
$42.66
ROE
13.7%
ROA
1.4%
Div Yield
2.99%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 242,652,000 88,753,000 6,835,219,000 6,110,335,000 17,973,000
Dec 2024 231,475,000 79,593,000 6,052,161,000 5,467,635,000 101,118,000
Dec 2023 225,688,000 82,217,000 5,353,224,000 4,831,079,000 66,613,000
Dec 2022 190,321,000 61,063,000 4,872,619,000 4,431,211,000 119,862,000

TTM Snapshot

Revenues TTM
NetIncome TTM
OpCashFlow TTM
Assets (Latest)
Forward EPS
$5.91

Peers — same industry

TickerNameMarket CapLastDaily %
HAFC HANMI FINANCIAL CORP $914.72M $30.73
CPF CENTRAL PACIFIC FINANCIAL CORP $917.72M $35.16
BFST Business First Bancshares, Inc. $921.52M $28.20
FSBC FIVE STAR BANCORP $905.28M $42.35
CCNE CNB FINANCIAL CORP/PA $922.65M $31.14

News headlines (Yahoo Finance, 1h cache)

Israel Discount Bank Ltd (ISDAF) Q1 2026 Earnings Call Highlights: Robust Credit Growth and ...
2026-05-20 01:02 · Yahoo
Why The Narrative Around Mercantile Bank (MBWM) Is Shifting After Valuation And Rating Updates
2026-05-08 05:15 · Yahoo
Top Dividend Stocks To Consider In May 2026
2026-05-01 11:31 · Yahoo
Mercantile Bank Corp (MBWM) Q1 2026 Earnings Call Highlights: Strong Revenue and Deposit Growth ...
2026-04-22 07:02 · Yahoo
Mercantile Bank (MBWM) Q1 2026 Earnings Transcript
2026-04-21 17:01 · Yahoo
Mercantile Bank Corporation Q1 2026 Earnings Call Summary
2026-04-21 16:47 · Yahoo
Mercantile Bank Q1 Earnings Call Highlights
2026-04-21 15:51 · Yahoo
Mercantile Bank (MBWM) Q2 2025 Earnings Transcript
2026-04-21 14:50 · Yahoo
Mercantile Bank (MBWM) Reports Q1 Earnings: What Key Metrics Have to Say
2026-04-21 13:30 · Yahoo
Mercantile Bank (MBWM) Q1 Earnings and Revenues Beat Estimates
2026-04-21 11:05 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.