Skip to main content
NVDA+0.10%AAPL-0.10%GOOGL-1.24%MSFT0.00%AMZN+0.25%TSM+1.49%SPCX+1.89%META-0.36%AVGO-0.48%TSLA-0.14%LLY-2.54%BRK-B-0.87%MU+0.09%SKHY+4.05%WMT-1.02%JPM-1.47%AMD+1.74%V-1.55%XOM+2.79%JNJ-1.42%ASMLa-0.87%MA-1.52%ABBV+0.16%CVX+2.88%INTC+1.72%0700.HK+0.94%COST-1.46%1398.HK-1.50%CSCO+1.53%KO-2.76%ORCL+0.49%UNH-1.62%PG-2.76%BAC-1.02%1816.HK+0.44%3988.HK-0.50%HD-2.41%CAT-2.42%0005.HK-1.04%PM-1.13%HSBA.L-1.07%AP2d-0.03%0857.HK-0.93%0939.HK+0.51%AMAT+0.44%GE-2.69%1288.HK-1.94%DELL+0.77%LRCX-0.02%NVS-3.30%USDMXN+0.50%NZDMXN+0.47%GBPTRY+0.41%GBPHKD+0.32%GBPMXN-0.28%USDZAR+0.19%EURCAD+0.18%CADCHF-0.17%EURAUD+0.17%AUDCHF-0.16%USDILS+0.16%AUDNOK-0.15%AUDSGD-0.14%AUDJPY-0.12%USDTRY+0.12%GBPCHF-0.12%CADJPY-0.11%EURGBP+0.10%USDCAD+0.09%AUDNZD-0.09%AUDUSD-0.09%USDCHF-0.09%NZDCHF-0.09%USDDKK-0.08%EURUSD+0.08%NZDCAD+0.08%EURCNH+0.07%GBPAUD+0.07%CHFSGD+0.07%EURNZD+0.07%EURSGD+0.06%CHFJPY+0.06%GBPJPY-0.06%EURJPY+0.06%GBPCAD+0.05%NZDSGD-0.04%NZDJPY-0.04%USDCOP-0.04%USDJPY-0.04%USDSGD-0.03%USDTHB-0.02%EURCHF-0.02%GBPSGD-0.02%USDCNH+0.02%GBPUSD-0.02%USDHKD+0.01%SGDJPY+0.01%NZDUSD-0.01%AUDCAD-0.01%GBPNZD-0.01%GBPZAR0.00%USDSEK0.00%PLNJPY0.00%EURPLN0.00%EURHKD0.00%EURDKK0.00%CHFNOK0.00%USDPLN0.00%EURZAR0.00%NOKJPY0.00%AUDDKK0.00%CHFSEK0.00%EURSEK0.00%EURNOK0.00%EURCZK0.00%USDNOK0.00%USOIL-1.20%XNGUSD-1.03%GAGUSD+0.19%XAGUSD+0.19%XPTUSD+0.16%HG1-0.12%GAUUSD+0.11%XAUUSD+0.11%W10.00%SUGAR0.00%COTTON0.00%COFFEE0.00%BTCUSD-0.84%ETHUSD+22.11%USDTUSD+0.01%XRPUSD+15.55%SOLUSD+15.78%TRXUSDT+0.49%ZECUSDT-0.59%DOGEUSD+20.76%XMRUSDT-4.16%LINKUSD+23.15%BCHUSDT+0.27%XLMUSD-2.00%UNIUSD+1.14%LTCUSD+17.32%SUIUSD-1.89%HBARUSDT-0.49%TONUSD+36.45%TAOUSDT+0.56%AAVEUSD-1.31%DOTUSDT-2.00%ICPUSDT-1.74%ONDOUSDT-0.74%WLDUSDT-3.95%ARBUSDT-0.35%JUPUSDT-2.64%ATOMUSDT+0.23%INJUSDT+1.73%STXUSDT-0.43%TIAUSDT-0.56%PYTHUSDT+5.12%FETUSDT-2.05%SEIUSDT-3.15%IMXUSDT-1.76%GRTUSDT-2.34%OPUSDT-2.61%IOTAUSDT-2.07%WIFUSDT-3.57%POLUSDT-0.74%AXSUSDT-2.33%EOSUSDT-4.65%FARTCOINUSDT-3.06%DYDXUSDT-3.34%GALAUSDT-2.93%ORDIUSDT-2.01%RONINUSDT-1.68%NOTUSDT-2.67%NVDA+0.10%AAPL-0.10%GOOGL-1.24%MSFT0.00%AMZN+0.25%TSM+1.49%SPCX+1.89%META-0.36%AVGO-0.48%TSLA-0.14%LLY-2.54%BRK-B-0.87%MU+0.09%SKHY+4.05%WMT-1.02%JPM-1.47%AMD+1.74%V-1.55%XOM+2.79%JNJ-1.42%ASMLa-0.87%MA-1.52%ABBV+0.16%CVX+2.88%INTC+1.72%0700.HK+0.94%COST-1.46%1398.HK-1.50%CSCO+1.53%KO-2.76%ORCL+0.49%UNH-1.62%PG-2.76%BAC-1.02%1816.HK+0.44%3988.HK-0.50%HD-2.41%CAT-2.42%0005.HK-1.04%PM-1.13%HSBA.L-1.07%AP2d-0.03%0857.HK-0.93%0939.HK+0.51%AMAT+0.44%GE-2.69%1288.HK-1.94%DELL+0.77%LRCX-0.02%NVS-3.30%USDMXN+0.50%NZDMXN+0.47%GBPTRY+0.41%GBPHKD+0.32%GBPMXN-0.28%USDZAR+0.19%EURCAD+0.18%CADCHF-0.17%EURAUD+0.17%AUDCHF-0.16%USDILS+0.16%AUDNOK-0.15%AUDSGD-0.14%AUDJPY-0.12%USDTRY+0.12%GBPCHF-0.12%CADJPY-0.11%EURGBP+0.10%USDCAD+0.09%AUDNZD-0.09%AUDUSD-0.09%USDCHF-0.09%NZDCHF-0.09%USDDKK-0.08%EURUSD+0.08%NZDCAD+0.08%EURCNH+0.07%GBPAUD+0.07%CHFSGD+0.07%EURNZD+0.07%EURSGD+0.06%CHFJPY+0.06%GBPJPY-0.06%EURJPY+0.06%GBPCAD+0.05%NZDSGD-0.04%NZDJPY-0.04%USDCOP-0.04%USDJPY-0.04%USDSGD-0.03%USDTHB-0.02%EURCHF-0.02%GBPSGD-0.02%USDCNH+0.02%GBPUSD-0.02%USDHKD+0.01%SGDJPY+0.01%NZDUSD-0.01%AUDCAD-0.01%GBPNZD-0.01%GBPZAR0.00%USDSEK0.00%PLNJPY0.00%EURPLN0.00%EURHKD0.00%EURDKK0.00%CHFNOK0.00%USDPLN0.00%EURZAR0.00%NOKJPY0.00%AUDDKK0.00%CHFSEK0.00%EURSEK0.00%EURNOK0.00%EURCZK0.00%USDNOK0.00%USOIL-1.20%XNGUSD-1.03%GAGUSD+0.19%XAGUSD+0.19%XPTUSD+0.16%HG1-0.12%GAUUSD+0.11%XAUUSD+0.11%W10.00%SUGAR0.00%COTTON0.00%COFFEE0.00%BTCUSD-0.84%ETHUSD+22.11%USDTUSD+0.01%XRPUSD+15.55%SOLUSD+15.78%TRXUSDT+0.49%ZECUSDT-0.59%DOGEUSD+20.76%XMRUSDT-4.16%LINKUSD+23.15%BCHUSDT+0.27%XLMUSD-2.00%UNIUSD+1.14%LTCUSD+17.32%SUIUSD-1.89%HBARUSDT-0.49%TONUSD+36.45%TAOUSDT+0.56%AAVEUSD-1.31%DOTUSDT-2.00%ICPUSDT-1.74%ONDOUSDT-0.74%WLDUSDT-3.95%ARBUSDT-0.35%JUPUSDT-2.64%ATOMUSDT+0.23%INJUSDT+1.73%STXUSDT-0.43%TIAUSDT-0.56%PYTHUSDT+5.12%FETUSDT-2.05%SEIUSDT-3.15%IMXUSDT-1.76%GRTUSDT-2.34%OPUSDT-2.61%IOTAUSDT-2.07%WIFUSDT-3.57%POLUSDT-0.74%AXSUSDT-2.33%EOSUSDT-4.65%FARTCOINUSDT-3.06%DYDXUSDT-3.34%GALAUSDT-2.93%ORDIUSDT-2.01%RONINUSDT-1.68%NOTUSDT-2.67%
MB

Mercantile Bank Corporation (MBWM)

NASDAQ • Financial Services

$61.09
+$0.67 (+1.1%)
Market closed

Last close at October 23, 2026 at 20:00 UTC

Open$60.09
Day Range$59.56 - $61.49
Avg. Volume (3M)126.5K
Market Cap$1B
P/E Ratio10.9
52 Week Range
$42.88$62.95
Next EarningsIn 86 daysJan 19, 2027

Metrics Over Time

Where the Money Goes

Q3 2026
Revenueeverything earned$102.5M100%
Gross Profitminus cost of goods$72.5M71%
Operating Incomeminus R&D and overhead$28.9M28%
Net Incomeminus taxes and the rest$24M23%

In plain terms: out of every $100 in revenue, Mercantile Bank Corporation keeps $23 as net profit.

Fundamentals & Financials

Revenue (TTM)
$390.5M
Net Income (TTM)
$95.5M
EPS (TTM)
$5.61
ROA (TTM)
1.33%
Current Ratio
0.3
Dividend Yield
0.69%

TTM is calculated as the sum of the four most recently completed quarters. This is a standard approach when monthly or real-time data is not available.

Earnings

-0.8%Q2 2026$1.32
+15.9%Q3 2026$1.53
+5.2%Q4 2026$1.42
Next

Jan 19

in 86 daysQ1 2027

% — EPS deviation from the forecast (beat / miss); quarters without a forecast show the reported EPS

Latest report — Q4 2026
Beat +5.2%

Mercantile Bank Corporation’s adjusted EPS topped expectations in the third fiscal quarter of 2026, with preliminary results reported October 20, 2026 showing EPS of $1.42 topping the $1.35 estimate (+5.2%) even as EPS was down -2.7% from $1.46 a year ago. Revenue came in at about $102.6 million, with net interest income of roughly $60.9 million reflecting the core contribution from lending and deposits across its commercial and personal banking franchise. Profitability included operating income of about $28.9 million, while net income rose +1.3% to roughly $24.1 million (up from $23.8 million a year ago). For the next period, consensus calls for EPS of $1.38.

View full earnings history

About Mercantile Bank Corporation

Mercantile Bank Corporation is a U.S. regional banking company listed on NASDAQ as MBWM. Through Mercantile Bank of Michigan, it provides commercial banking and personal banking services to small and mid-sized businesses and individual customers, and generated $371.8 million of revenue in FY2025.

Name
Mercantile Bank Corporation
CEO
Raymond E. Reitsma
Website
www.mercbank.com
Industry
Financial Services
Year Founded
1997
Employees
765

Today's Snapshot

AI-generated

MBWM closed 1.1% higher at 61.09, outperforming a weaker sector. Shares changed hands at about a quarter more than its usual level. Mercantile Bank Corporation raised its dividend, increasing the cash it pays shareholders.

Trading Volume

Above 10d avg 132.7K

176K

vs S&P 500 Today

Outperforming Market

+1.63%

Updated: October 23, 2026 at 20:09 UTC

Technical Indicators

6 Buy2 Neutral0 Sell
MBWM displays a robust short-to-medium-term setup, trading above its short, intermediate and 200-day averages with strong momentum signaled by a high CCI and supportive RSI, while MACD shows mild bullish bias. ADX indicates a moderate trend rather than a runaway move, and on-balance volume aligns with buying pressure which reinforces the advance. Volatility is contained with a modest ATR even though the price is near the upper Bollinger band, suggesting recent strength with manageable swings. Technical takeaway: Strong Buy.
All signals
  • EMA (5 indicators)$54.97 - $59.29
    Buy
  • RSI (14)62.89
    Neutral
  • Stochastic %K (14, 3, 3)73.68
    Neutral
  • MACD Level (12, 26)0.02
    Buy

Peers & Related Assets

CHCOCity Holding Company
$142.01-1.0%
HOPEHope Bancorp, Inc.
$14.07+0.1%
HBTHBT Financial, Inc.
$36.240.0%
MCBMetropolitan Bank Holding Corp.
$96.88+1.0%
NBNNortheast Bank
$128.74-0.1%
CCNECNB Financial Corporation
$35.35+0.3%
Stay Ahead of the Market

Get premium market insights delivered directly to your inbox.