MBWM Overview

Mercantile Bank Corporation is a bank holding company. The Company provides commercial banking services, primarily to small- to medium-sized businesses, and retail banking services. It also provides secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. It also enables customers to conduct certain loan and deposit transactions by personal computer and through mobile applications. It offers courier service to commercial customers and safe deposit boxes. Its subsidiaries include Eastern Michigan Bank, Mercantile Bank, Mercantile Community Partners LLC, Mercantile Bank Capital Trust I, Firstbank Capital Trust I, Firstbank Capital Trust II, Firstbank Capital Trust III, and Firstbank Capital Trust IV, Mercantile Insurance Center, Inc., West Lake Associates, LLC, Eastern Michigan Real Estate Company, and Eastern Michigan Exchange Services, LLC.

Wall Street analysts forecast MBWM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MBWM is55.17 USD with a low forecast of 54.00 USD and a high forecast of 56.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Mercantile Bank Corp revenue for the last quarter amounts to 59.52M USD, increased 15.65

Mercantile Bank Corp. EPS for the last quarter amounts to 1.32 USD, increased 9.09

Mercantile Bank Corp (MBWM) has 744 emplpoyees as of May 12 2026.

Today MBWM has the market capitalization of 884.45M USD.