Mercantile Bank (MBWM) Stock Insights

MBWM price $60.15 -0.53 -0.87%

Ticker
MBWM
Price
$60.15
Change
-0.53 -0.87%
Market cap ?
$1.04B
P/E ?
10.78
Forward P/E ?
10.79
Dividend yield ?
2.58%
Beta ?
0.84
Sector
Financial Services
Industry
Banks - Regional

Financials

2016201720182019202020212022202320242025
139495000144544000160991000185293000193485000198656000213916000303501000361891000371801000

Mercantile Bank Corporation serves as the parent holding company for Mercantile Bank of Michigan, providing a full spectrum of commercial and personal banking solutions to small and mid-sized businesses, as well as individual customers, across the United States. The institution facilitates a diverse range of deposit offerings, including checking, savings, term certificates, time deposits, and certificates of deposit…

Fair value

MBWM fair value Not meaningful. Price $60.15.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

No estimate. Cash-flow models don't suit banks

Compare MBWM

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-01-19—1.39—72.82M
2026-10-201.421.3573.20M70.84M
2026-07-211.531.3268.76M68.81M
2026-04-211.321.2667.60M67.41M
2026-01-201.401.3762.10M61.98M
2025-10-211.461.3862.40M61.33M
2025-07-221.391.2360.90M60.02M
2025-04-221.211.1957.20M57.38M
2025-01-211.221.1458.50M57.33M
2024-10-151.221.1758.00M56.88M
2024-07-161.171.1656.80M55.93M
2024-04-161.341.1458.20M55.38M
2024-01-161.251.2457.00M56.11M
2023-10-171.301.1558.20M53.24M
2023-07-181.271.1055.20M51.84M
2023-04-181.311.1655.30M53.79M
2023-01-171.371.2058.50M53.75M
2022-10-181.010.9849.60M47.70M
2022-07-190.740.7642.10M42.71M
2022-04-190.730.7240.16M42.88M
2022-01-180.940.8649.68M42.81M
2021-10-190.950.8551.46M41.30M
2021-07-201.120.7849.27M41.80M
2021-04-200.840.7148.25M41.72M
2021-01-190.750.5751.95M45.77M
2020-10-200.660.4348.90M23.19B
2020-07-210.540.3248.15M32.14M
2020-04-210.650.4744.48M26.66M
2020-01-210.810.6546.88M29.01M
2019-10-150.770.6346.99M31.32M
2019-07-160.710.6046.15M31.65M
2019-04-160.610.5945.27M30.55M
2019-01-220.700.6142.57M30.85M
2018-10-160.610.6140.19M34.55M
2018-07-170.570.5738.87M33.78M
2018-04-170.660.5639.36M29.34M
2018-01-160.480.5037.41M28.96M
2017-10-170.510.4837.64M31.29M
2017-07-180.450.4534.95M31.23M
2017-04-180.460.4334.55M33.71M

Dividends

Yield 2.59%. Payout ratio 20.25%. Frequency Quarterly.

Safety score 87/100 · Safe. Payout ratio is 20% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividends were paid in 34 separate years. Yield is 2.6%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-12-04$0.402026-12-042026-12-16Quarterly
2026-09-04$0.402026-09-042026-09-16Quarterly
2026-06-05$0.392026-06-052026-06-17Quarterly
2026-03-06$0.392026-03-062026-03-18Quarterly
2025-12-05$0.382025-12-052025-12-17Quarterly
2025-09-05$0.382025-09-052025-09-17Quarterly
2025-06-06$0.372025-06-062025-06-18Quarterly
2025-03-07$0.372025-03-072025-03-19Quarterly
2024-12-06$0.362024-12-062024-12-18Quarterly
2024-09-06$0.362024-09-062024-09-18Quarterly
2024-06-07$0.352024-06-072024-06-19Quarterly
2024-02-29$0.352024-03-012024-03-13Quarterly
2023-11-30$0.342023-12-012023-12-13Quarterly
2023-08-31$0.342023-09-012023-09-13Quarterly
2023-06-01$0.332023-06-022023-06-14Quarterly
2023-03-02$0.332023-03-032023-03-15Quarterly
2022-12-01$0.322022-12-022022-12-14Quarterly
2022-09-01$0.322022-09-022022-09-14Quarterly
2022-06-02$0.312022-06-032022-06-15Quarterly
2022-03-03$0.312022-03-042022-03-16Quarterly
2021-12-02$0.302021-12-032021-12-15Quarterly
2021-09-02$0.302021-09-032021-09-15Quarterly
2021-06-03$0.292021-06-042021-06-16Quarterly
2021-03-04$0.292021-03-052021-03-17Quarterly
2020-12-03$0.282020-12-042020-12-16Quarterly
2020-09-03$0.282020-09-042020-09-16Quarterly
2020-06-04$0.282020-06-052020-06-17Quarterly
2020-03-05$0.282020-03-062020-03-18Quarterly
2019-12-05$0.272019-12-062019-12-18Quarterly
2019-09-05$0.272019-09-062019-09-18Quarterly
2019-06-06$0.262019-06-072019-06-19Quarterly
2019-03-07$0.262019-03-082019-03-20Quarterly
2018-12-06$1.002018-12-072018-12-19Quarterly
2018-09-06$0.242018-09-072018-09-19Quarterly
2018-06-07$0.222018-06-082018-06-20Quarterly
2018-03-08$0.222018-03-092018-03-21Quarterly
2017-12-07$0.192017-12-082017-12-20Quarterly
2017-09-07$0.192017-09-082017-09-20Quarterly
2017-06-07$0.182017-06-092017-06-21Quarterly
2017-03-08$0.182017-03-102017-03-22Quarterly
2016-12-07$0.672016-12-092016-12-21Quarterly
2016-09-07$0.172016-09-092016-09-21Quarterly
2016-06-08$0.162016-06-102016-06-23Quarterly
2016-03-09$0.162016-03-112016-03-23Quarterly
2015-12-09$0.152015-12-112015-12-23Quarterly
2015-09-09$0.152015-09-112015-09-23Quarterly
2015-06-10$0.142015-06-122015-06-24Quarterly
2015-03-11$0.142015-03-132015-03-25Quarterly
2014-12-10$0.122014-12-122014-12-24Quarterly
2014-09-10$0.122014-09-122014-09-24Quarterly
2014-06-11$0.122014-06-132014-06-25Quarterly
2014-05-20$2.002014-05-222014-05-29Special
2014-03-07$0.062014-03-112014-03-27Monthly
2014-02-06$0.122014-02-102014-03-10Quarterly
2013-12-11$0.062013-12-132013-12-26Monthly
2013-11-06$0.122013-11-082013-12-10Quarterly
2013-09-06$0.062013-09-102013-09-26Monthly
2013-08-07$0.122013-08-092013-09-10Quarterly
2013-06-07$0.062013-06-112013-06-27Monthly
2013-05-08$0.112013-05-102013-06-10Quarterly
2013-03-08$0.062013-03-122013-03-28Monthly
2013-02-06$0.102013-02-082013-03-08Quarterly
2012-12-18$0.202012-12-202012-12-31Monthly
2012-11-20$0.012012-11-232012-12-13Monthly
2012-11-07$0.092012-11-092012-12-10Quarterly
2012-08-22$0.012012-08-242012-09-13Quarterly
2012-05-23$0.012012-05-252012-06-14Quarterly
2012-02-22$0.062012-02-242012-03-15Quarterly
2011-11-22$0.012011-11-252011-12-15Quarterly
2011-08-24$0.012011-08-262011-09-15Quarterly
2011-05-25$0.012011-05-272011-06-16Quarterly
2011-02-23$0.012011-02-252011-03-17Quarterly
2010-11-23$0.012010-11-262010-12-16Quarterly
2010-08-25$0.012010-08-272010-09-16Quarterly
2010-05-26$0.012010-05-282010-06-17Quarterly
2010-02-17$0.052010-02-192010-03-11Quarterly
2010-02-08$0.012010-02-102010-03-10Quarterly
2009-11-24$0.102009-11-272009-12-17Monthly
2009-11-06$0.012009-11-102009-12-10Quarterly
2009-08-26$0.102009-08-282009-09-17Monthly

Insider trades

DateInsiderActionSharesPriceValue
2026-10-22Sanchez Nelson FBuy36——
2026-05-22Schweihofer StevenBuy715——
2026-05-22Davenport Michael S.Buy753——
2026-05-22Eldridge Michelle LarabeeBuy830——
2026-05-22Schmidt Sara ABuy715——
2026-05-22PRICE MICHAEL HBuy1.10K——
2026-05-22Jones Joseph DBuy715——
2026-05-22Sanchez Nelson FBuy715——
2026-05-22RAMAKER DAVID BBuy801——
2026-05-22MacDonald Richard DBuy715——
2026-05-22Williams Shoran RBuy715——
2026-05-22Sparks Amy LBuy906——
2026-02-17CHRISTMAS CHARLES ESell3.02K$54.24163.84K
2026-02-17Reitsma Raymond E.Sell4.04K$54.24219.11K
2026-02-15CHRISTMAS CHARLES EBuy1.33K——
2026-02-15Reitsma Raymond E.Buy1.81K——
2026-02-05Reitsma Raymond E.Buy3.78K——
2026-02-05Reitsma Raymond E.Buy7.56K——
2026-02-05Hoover BrettBuy944——
2026-02-05Hoover BrettBuy1.89K——
2026-02-05CHRISTMAS CHARLES EBuy1.41K——
2026-02-05CHRISTMAS CHARLES EBuy2.83K——
2026-02-05Setlock Scott PBuy1.14K——
2026-02-05Setlock Scott PBuy2.27K——
2026-02-05Randall Tara MBuy910——
2026-02-05Randall Tara MBuy1.82K——
2026-02-05Augustyn Mark SBuy1.44K——
2026-02-05Augustyn Mark SBuy2.88K——
2026-01-06Schweihofer StevenBuy321——
2025-12-31Schweihofer StevenBuy5.28K$32.32170.71K
2025-12-31Schweihofer StevenOther0——
2025-12-19Hoover BrettSell950$49.4546.98K
2025-12-19Setlock Scott PSell1.19K$49.4558.70K
2025-12-19Randall Tara MSell1.50K$49.4574.17K
2025-12-19Augustyn Mark SSell1.46K$49.4572.25K
2025-12-12Augustyn Mark SSell2.02K——
2025-11-13PRICE MICHAEL HSell3.16K$45.85144.89K
2025-11-13PRICE MICHAEL HSell1.42K$45.8164.91K
2025-10-31Sanchez Nelson FBuy1.00K$43.5043.50K
2025-08-18RAMAKER DAVID BBuy1.50K$46.7170.06K
2025-07-29Williams Shoran RBuy200$47.289.46K
2025-07-17Davenport Michael S.Buy17——
2025-07-17Sparks Amy LBuy79——
2025-07-17PRICE MICHAEL HBuy47——
2025-07-17RAMAKER DAVID BBuy20——
2025-07-17Eldridge Michelle LarabeeBuy34——
2025-05-22Sanchez Nelson FBuy849——
2025-05-22Williams Shoran RBuy849——
2025-05-22RAMAKER DAVID BBuy926——
2025-05-22Sparks Amy LBuy979——
2025-05-22Schmidt Sara ABuy849——
2025-05-22Jones Joseph DBuy849——
2025-05-22PRICE MICHAEL HBuy1.24K——
2025-05-22MacDonald Richard DBuy849——
2025-05-22Eldridge Michelle LarabeeBuy943——
2025-05-22Davenport Michael S.Buy873——
2025-05-02KAMINSKI ROBERT BSell250$42.8510.71K
2025-04-02KAMINSKI ROBERT BSell250$43.1410.79K
2025-03-03KAMINSKI ROBERT BSell250$48.1112.03K
2025-02-26Sanchez Nelson FBuy212$47.009.96K
2025-02-26Sanchez Nelson FSell100$47.314.73K
2025-02-20Sanchez Nelson FBuy200$48.009.60K
2025-02-20Sanchez Nelson FBuy193$47.509.17K
2025-02-19KAMINSKI ROBERT BSell7.99K$47.87382.62K
2025-02-19Reitsma Raymond E.Sell4.24K$47.87202.73K
2025-02-19CHRISTMAS CHARLES ESell3.08K$47.87147.20K
2025-02-19Sanchez Nelson FBuy191$48.009.17K
2025-02-19MacDonald Richard DBuy511$48.9225.00K
2025-02-18Sanchez Nelson FBuy195$48.509.46K
2025-02-11KAMINSKI ROBERT BSell1.00K$50.2250.22K
2025-02-06Augustyn Mark SBuy1.40K——
2025-02-06Augustyn Mark SBuy2.59K——
2025-02-06Setlock Scott PBuy1.09K——
2025-02-06Setlock Scott PBuy2.03K——
2025-02-06Reitsma Raymond E.Buy3.28K——
2025-02-06Reitsma Raymond E.Buy6.08K——
2025-02-06Randall Tara MBuy765——
2025-02-06Randall Tara MBuy1.42K——
2025-02-06Hoover BrettBuy809——
2025-02-06Hoover BrettBuy1.50K——
2025-02-06CHRISTMAS CHARLES EBuy1.38K——
2025-02-06CHRISTMAS CHARLES EBuy2.56K——
2025-02-06KAMINSKI ROBERT BSell1.00K$49.8249.82K
2025-02-05PRICE MICHAEL HSell6.37K$48.41308.50K
2025-02-04Sanchez Nelson FBuy189$47.508.98K
2025-02-03Sanchez Nelson FBuy187$47.898.96K
2025-02-03KAMINSKI ROBERT BSell229$46.9510.75K
2025-02-03KAMINSKI ROBERT BSell21$48.141.01K
2025-01-31Williams Shoran RBuy123$49.286.06K
2025-01-29Sanchez Nelson FBuy103$48.505.00K
2025-01-27KAMINSKI ROBERT BSell3.00K$50.16150.48K
2025-01-24KAMINSKI ROBERT BSell3.00K$49.14147.42K
2025-01-02Williams Shoran RBuy120——
2025-01-02Schmidt Sara ABuy120——
2025-01-02MacDonald Richard DBuy120——
2025-01-02Jones Joseph DBuy120——
2025-01-02DICKINSON THOMAS DBuy120——
2025-01-02KAMINSKI ROBERT BSell250$44.6111.15K
2025-01-01Williams Shoran ROther0——
2025-01-01Augustyn Mark SOther0——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 207, holders +7 vs prior quarter. Ownership 70.68%.

HolderSharesChangeChange %Value
BLACKROCK, INC.1.53M145.68K+10.49%88.10M
WELLINGTON MANAGEMENT GROUP LLP1.09M-101.03K-8.50%62.47M
DIMENSIONAL FUND ADVISORS LP1.05M13.95K+1.35%60.11M
VANGUARD CAPITAL MANAGEMENT LLC735.61K31.29K+4.44%42.24M
AMERICAN CENTURY COMPANIES INC625.01K63.55K+11.32%35.89M
STATE STREET CORP598.64K96.17K+19.14%34.37M
GEODE CAPITAL MANAGEMENT, LLC466.41K31.40K+7.22%26.79M
RENAISSANCE TECHNOLOGIES LLC446.61K-25.60K-5.42%25.64M
NORTH STAR ASSET MANAGEMENT INC377.43K-5.75K-1.50%21.67M
VANGUARD PORTFOLIO MANAGEMENT LLC290.09K14.77K+5.37%16.66M
LSV ASSET MANAGEMENT280.79K-2.40K-0.85%16.12M
NORTHERN TRUST CORP240.67K8.07K+3.47%13.82M
TRIBUTARY CAPITAL MANAGEMENT, LLC218.15K-6.49K-2.89%12.53M
TWO SIGMA INVESTMENTS, LP213.74K32.09K+17.67%12.27M
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC192.50K1.35K+0.71%11.05M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.144.19K144.19KNew8.28M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC144.19K3.74K+2.66%8.28M
JPMORGAN CHASE & CO140.10K-8.76K-5.89%8.01M
AQR CAPITAL MANAGEMENT LLC137.73K-8.99K-6.13%7.91M
BANC FUNDS CO LLC131.16K00.00%7.53M
MERCER GLOBAL ADVISORS INC /ADV127.92K-1.33K-1.03%7.35M
MORGAN STANLEY123.03K-4.21K-3.31%7.06M
VANGUARD FIDUCIARY TRUST CO112.72K2.46K+2.23%6.47M
GOLDMAN SACHS GROUP INC101.03K-11.69K-10.37%5.80M
BANK OF NEW YORK MELLON CORP98.10K5.44K+5.87%5.63M

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Mercantile Bank (MBWM) Stock Insights

MBWM$60.15-0.53 -0.87%

$1.04B

Market Cap

10.78

P/E

10.79

Forward P/E

—

Score

Price History