MBWM Overview

Mercantile Bank Corporation is the bank holding company for Mercantile Bank and Eastern Michigan Bank. Mercantile Bank and Eastern Michigan Bank provide financial products and services in a professional and personalized manner designed to make banking easier for businesses, individuals, and governmental units. Eastern Michigan Bank operates over 12 branches across three counties, offering a full range of personal and business banking services. Eastern Michigan Bank’s personal services include personal checking, personal savings, youth and young adults, CDs and IRAs, online and mobile banking, 24-hour telephone banking, debit cards, personal credit cards, additional services, and Zelle. Eastern Michigan Bank’s loans include vehicle and personal loans, home equity loans and lines, student loans (opens in a new window), business loans, and agricultural loans. Eastern Michigan Bank’s business services include business checking, business savings, business credit cards, and others.

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 55.00M USD, increased 4.88 % YoY.

Mercantile Bank Corp. EPS for the last quarter amounts to 1.40 USD, increased 14.75 % YoY.

Mercantile Bank Corp (MBWM) has 770 emplpoyees as of January 31 2026.

Today MBWM has the market capitalization of 866.00M USD.