MBWM · NASDAQ
Mercantile Bank Corporation
$61.16 +0.07 (+0.11%)
Company overview
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan, providing commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts, as well as time deposits and certificates of deposit. The company also offers 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; and consumer loans such as new and used automobile and boat loans and credit cards, as well as overdraft protection services, residential mortgage, and installment loans.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Exchange
- NASDAQ
- Market cap
- $1.1B
- Employees
- 662
- Headquarters
- Grand Rapids, MI
- Website
- mercbank.com
- CEO
- Raymond E. Reitsma
- Listed
- July 20, 1999
- P/E
- 10.98
- Dividend yield
- 2.51%
Company financials
- Revenue
- $379M
- Gross profit
- $252M
- Operating income
- $105M
- EBITDA
- $108M
- Net income
- $91.9M
- EPS
- $5.57
- Total assets
- $6.9B
- Total debt
- $703M
- Gross margin
- 66.36%
- Net margin
- 24.23%
- Earnings yield
- 9.11%
No geographic segmentation.
Showing FY 2025
MBWM
1D
NASDAQ
O60.09H61.49L59.56C61.09+0.67 (+1.11%)Vol179.92K