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Mercantile Bank Corporation (MBWM)

Mercantile Bank Corporation at a glance — key fundamentals, SEC filings, insider buying and selling, and earnings dates.

Mercantile Bank Corporation (MBWM) is a Banks - Regional company based in US with a market capitalization of $916.5M. Revenue grew 2.7% year-over-year and the company generated $11.2M in free cash flow. This page tracks MBWM's SEC filings, insider buying and selling, earnings dates, and key fundamentals in one place.

US · 662 employees · IPO Jul 20, 1999

Valuation

Valuation & price

$49.87 · as of May 17, 2026 · -12.8% vs 52w high

9.1

P/E ratio

Latest-FY diluted EPS

1.26

P/B ratio

Market cap ÷ book equity

—

Dividend yield

Price — last 12 months

$57.13$50.13$43.14Jul 25Dec 25Jun 26Jul 7, 25$48.96Jul 9, 25$49.36Jul 11, 25$48.44Jul 15, 25$47.80Jul 17, 25$48.71Jul 21, 25$48.75Jul 23, 25$48.91Jul 25, 25$47.71Jul 29, 25$47.32Jul 31, 25$45.69Aug 4, 25$44.85Aug 6, 25$44.66Aug 8, 25$44.53Aug 12, 25$46.48Aug 14, 25$47.13Aug 19, 25$46.98Aug 21, 25$46.91Aug 25, 25$49.14Aug 27, 25$49.82Aug 29, 25$49.25Sep 3, 25$48.71Sep 5, 25$48.68Sep 9, 25$47.81Sep 11, 25$48.34Sep 15, 25$47.45Sep 17, 25$46.79Sep 19, 25$47.00Sep 23, 25$46.27Sep 25, 25$45.76Sep 29, 25$44.92Oct 2, 25$44.65Oct 6, 25$45.74Oct 8, 25$45.14Oct 10, 25$44.15Oct 14, 25$46.26Oct 16, 25$43.14Oct 20, 25$44.63Oct 22, 25$45.26Oct 24, 25$45.56Oct 28, 25$44.81Oct 30, 25$43.82Nov 3, 25$44.34Nov 5, 25$45.46Nov 7, 25$45.13Nov 11, 25$45.64Nov 14, 25$45.50Nov 18, 25$43.74Nov 20, 25$44.08Nov 24, 25$45.06Nov 26, 25$46.47Dec 1, 25$46.51Dec 3, 25$47.62Dec 5, 25$46.56Dec 9, 25$47.15Dec 11, 25$49.44Dec 15, 25$49.93Dec 17, 25$49.20Dec 19, 25$49.51Dec 23, 25$49.15Dec 26, 25$48.72Dec 31, 25$48.10Jan 5, 26$48.50Jan 7, 26$48.75Jan 9, 26$48.94Jan 13, 26$48.66Jan 15, 26$50.46Jan 20, 26$50.63Jan 22, 26$53.31Jan 26, 26$51.02Jan 28, 26$49.97Jan 30, 26$51.98Feb 3, 26$53.77Feb 5, 26$54.93Feb 9, 26$54.61Feb 11, 26$53.73Feb 17, 26$54.34Feb 19, 26$53.67Feb 23, 26$52.32Feb 25, 26$53.57Feb 27, 26$51.66Mar 3, 26$52.50Mar 5, 26$51.93Mar 9, 26$50.11Mar 11, 26$49.95Mar 13, 26$49.92Mar 17, 26$49.71Mar 19, 26$50.28Mar 23, 26$50.28Mar 25, 26$49.31Mar 27, 26$49.33Apr 1, 26$51.05Apr 6, 26$51.53Apr 8, 26$53.00Apr 10, 26$53.50Apr 14, 26$53.53Apr 16, 26$52.30Apr 20, 26$53.26Apr 22, 26$50.42Apr 24, 26$50.62Apr 28, 26$51.97Apr 30, 26$51.31May 4, 26$51.08May 6, 26$52.18May 8, 26$52.11May 12, 26$51.27May 15, 26$49.87May 19, 26$50.90May 21, 26$52.59May 26, 26$52.89May 28, 26$52.83Jun 1, 26$52.03Jun 3, 26$50.91Jun 5, 26$52.74Jun 9, 26$53.89Jun 11, 26$54.22Jun 15, 26$53.76Jun 17, 26$53.26Jun 22, 26$53.96Jun 24, 26$55.79Jun 30, 26$57.13
$43.1452-week range$57.17
Loading valuation history…

Fundamentals

Key fundamentals

$916.5M

Market cap

2.7%

Revenue growth (YoY)

64.0%

Gross margin

$11.2M

Free cash flow (USD)

-$749.7M

Net debt

Net cash position

0.8%

Share dilution

3/4

Graham criteria passed

Defensive-investor screen

Financial Services

Sector

Trajectory

Long-term trends

Revenue by year

2016 → 2025

FY 2016$139.5MFY 2017$144.5MFY 2018$161.0MFY 2019$185.3MFY 2020$193.5MFY 2021$198.7MFY 2022$213.9MFY 2023$303.5MFY 2024$361.9MFY 2025$371.8M
$139.5M$371.8M

Free cash flow by year

2016 → 2025

FY 2016$32.6MFY 2017$33.2MFY 2018$55.4MFY 2019$31.3MFY 2020$28.9MFY 2021$59.0MFY 2022$116.8MFY 2023$59.9MFY 2024$92.6MFY 2025$11.2M
$32.6M$11.2M

Gross margin by year

2021 → 2025

FY 202192.4%FY 202285.9%FY 202371.8%FY 202461.9%FY 202564.0%
92.4%64.0%

Value screen

Graham defensive-investor tests

Computing the scorecard — refreshing any stale inputs…

0

Insider buys · 90 days

0

Insider sells · 90 days

Earnings

Last report: 10-Q filed May 1, 2026

Next expected: not yet scheduled

On the tape

Recent SEC & insider activity

  • 8-K eventAnnual Meeting ResultsMay 21, 2026Filing
  • Quarterly report10-Q FiledMay 1, 2026Filing
  • 8-K eventEarnings ReleaseApr 21, 2026Filing

Questions

Frequently asked questions

What is Mercantile Bank Corporation's market cap?

Mercantile Bank Corporation (MBWM) has a market capitalization of $916.5M.

What is MBWM's P/E ratio?

MBWM trades at a price-to-earnings ratio of 9.1, based on its latest fiscal-year diluted earnings per share and the most recent cached price.

What is MBWM's price-to-book (P/B) ratio?

MBWM trades at 1.26 times book value per share.

Are insiders buying MBWM stock?

SEC Form 4 filings show no open-market insider buys at Mercantile Bank Corporation in the last 90 days (0 sells).

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Timeline

Every filing, insider trade & earnings on a price-anchored timeline

Filing Analyzer

Search the actual 10-K / 10-Q text with AI research angles

News

Latest press coverage in one feed

Data: SEC EDGAR filings and cached fundamental data; prices and ratios use the most recent cached quote and statements (may lag by up to a day). Educational and research purposes only. Not investment advice.