MBWM
Mercantile Bank Corp
Nasdaq · usd
Mercantile Bank Corp (MBWM) trades at $61.09 (+1.11%) as of 7:55:47 PM EDT on Oct 23, 2026, +2.64% over the past month. Market cap is $1.04B, with 5.5 days to cover in short interest.
Stock performance
How Mercantile Bank Corp (MBWM) stock has performed from one day to one year, with its 52-week range.
- 1D
- +1.11%
- 1W
- +4.23%
- 1M
- +2.64%
- YTD
- +27.01%
- 1Y
- +36.42%
- 52-wk range
- $42.88 – $62.95
Key statistics
Today's trading snapshot for MBWM: day range, open, previous close, volume and market cap.
- Day range
- $59.56 – $61.49
- Open
- $60.09
- Prev close
- $60.42
- Volume
- 179.92K
- Market cap
- $1.04B
- Shares out
- 17.29M
Valuation and profitability ratios: P/E, P/S, ROE
Valuation and profitability ratios for Mercantile Bank Corp: P/E, P/S, P/B, ROE and more.
- P/E
- 10.97
- P/S
- 2.72
- P/B
- 1.38
- P/FCF
- 15.31
- ROE
- 12.6%
- ROA
- 1.4%
- Debt/Equity
- 0.62
- Div yield
- 2.43%
As of Oct 22, 2026
8-K filings
Material corporate events Mercantile Bank Corp has disclosed to the SEC on Form 8-K.
- Earnings and performanceOct 20, 2026
On October 20, 2026, Mercantile Bank Corporation (the "Company") issued a press release announcing earnings and other financial results for the quarter ended September 30, 2026.
- Executive leadershipSep 25, 2026
The Plan establishes a $3,000,000 aggregate bonus pool. Subject to the terms and objectives of the Plan, the Compensation Committee will determine, in its discretion, the participants who will receive awards and the amount of each award. No participant is entitled to any minimum award, and earned awards will be paid on or before March 31, 2027.
- Investor communicationsJul 21, 2026
The Company has prepared presentation materials (the "Conference Call & Webcast Presentation") that management intends to use during its previously announced Second Quarter 2026 conference call on Tuesday, July 21, 2026, at 10:00 am Eastern Time, and from time to time thereafter in presentations about the Company's operations and performance.
- Investor communicationsApr 21, 2026
The Company has prepared presentation materials (the "Conference Call & Webcast Presentation") that management intends to use during its previously announced First Quarter 2026 conference call on Tuesday, April 21, 2026 at 10:00 am Eastern Time, and from time to time thereafter in presentations about the Company's operations and performance.
- Executive leadershipMar 19, 2026
On March 19, 2026, the Boards of Directors of Mercantile Bank Corporation and of Mercantile's wholly-owned subsidiary, Mercantile Bank, adopted an executive officer bonus plan for 2026 (the 'Executive Officer Plan'). The Executive Officer Plan provides for cash bonuses for Raymond E. Reitsma, President and Chief Executive Officer of the Bank and Mercantile; Charles E. Christmas, the Executive Vice President, Chief Financial Officer, and Treasurer of Mercantile, and the Executive Vice President and Chief Financial Officer of the Bank; Mark S. Augustyn, the Executive Vice President and Chief Commercial Banking Officer of the Bank; Scott P. Setlock, the Executive Vice President, Chief Operating Officer and Secretary of the Bank and Mercantile; Brett E. Hoover, the Executive Vice President and Chief Human Resource Officer of the Bank; and one other member of the Bank's executive team.
Dividend history and stock splits
Mercantile Bank Corp's recent dividend payments and stock splits.
Dividends
- $0.40ex-div Dec 4, 2026
- $0.40ex-div Sep 4, 2026
- $0.39ex-div Jun 5, 2026
- $0.39ex-div Mar 6, 2026
Splits
No recent splits.
MBWM short interest
How heavily MBWM is shorted: shares short, days to cover and average daily volume.
- Days to cover
- 5.5
- Short interest
- 626.4K
- Avg volume
- 113.33K
As of · reported to FINRA twice monthly.
MBWM news
The latest news and headlines about Mercantile Bank Corp (MBWM).
- Mercantile Bank (MBWM) Q3 Earnings and Revenues Surpass EstimatespositiveZacks Investment Research· Oct 20, 2026
- Old National Bancorp (ONB) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseneutralZacks Investment Research· Oct 14, 2026
- Earnings Preview: Mercantile Bank (MBWM) Q3 Earnings Expected to DeclinenegativeZacks Investment Research· Oct 13, 2026
- Why Mercantile Bank (MBWM) is a Top Dividend Stock for Your PortfoliopositiveZacks Investment Research· Oct 7, 2026
- Mercantile Bank Corporation Increases Regular Cash DividendpositiveBenzinga· Jan 20, 2026
Frequently asked questions
What is the Mercantile Bank Corp (MBWM) stock price today?
Mercantile Bank Corp (MBWM) is trading at $61.09 (+1.11% on the day) as of 7:55:47 PM EDT on Oct 23, 2026. Prices are delayed at least 15 minutes; real-time quotes are available from the Massive API.
What is Mercantile Bank Corp?
Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions.
What is the short interest in MBWM?
As of Sep 30, 2026, MBWM has 626.4K shares short and 5.5 days to cover.
Does Mercantile Bank Corp (MBWM) pay a dividend?
Yes. Mercantile Bank Corp (MBWM)'s most recent dividend was $0.40 per share, with an ex-dividend date of Dec 4, 2026. Full MBWM dividend history is available from the Massive API.
What exchange is MBWM listed on?
Mercantile Bank Corp (MBWM) trades on Nasdaq in USD, in the STATE COMMERCIAL BANKS industry.
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