Mercantile Bank logo

Mercantile Bank Share Price (NASDAQ: MBWM)

Market is closed - opens 7 PM IST, 05 Aug 2025

$44.83

0.39

(0.88%)

Last updated on 05 Aug 2025, 01:29 AM IST

Check the interactive Mercantile Bank Stock chart to analyse performance

Mercantile Bank stock performance

as on 05 Aug 2025, 01:29 AM IST

  • Today's Low:$44.78
    Today's High:$44.83

    Day's Volatility :0.11%

  • 52 Weeks Low:$37.76
    52 Weeks High:$52.98

    52 Weeks Volatility :28.73%

Mercantile Bank Stock Returns

PeriodMercantile Bank CorpSector (Financials)Index (Russel 2000)
3 Months
3.97%
4.0%
0.0%
6 Months
-7.91%
-0.5%
0.0%
1 Year
5.14%
25.9%
0.0%
3 Years
30.14%
52.6%
-8.0%

Mercantile Bank Corp Key Stats

Check Mercantile Bank key stats like market cap, P/E ratio, EPS, Dividend Yield, and more.

Previous Close
$44.44
Open
$44.78
Today's High
$44.83
Today's Low
$44.78
Market Capitalization
$722.1M
Today's Volume
$59.9K
52 Week High
$52.98
52 Week Low
$37.76
Revenue TTM
$228.4M
Earnings Per Share (EPS)
$5.03
PE Ratio
8.84
Dividend Yield
3.2%
Profit Margin
35.64%
Quarterly Earnings Growth YOY
0.19%
Return On Equity TTM
13.77%

Stock Returns calculator for Mercantile Bank Stock including INR - Dollar returns

The Mercantile Bank stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

*Dollar Return is the profit earned when the US dollar rises in value compared to the Indian rupee.

Investment Value

₹1,00,000

  • 1Y

  • 3Y

  • 5Y

  • 7Y

  • 10Y

Mercantile Bank investment value today

Current value as on today

₹1,09,720

Returns

₹9,720

(+9.72%)

Returns from Mercantile Bank Stock

₹5,161 (+5.16%)

Dollar Returns*

₹4,559 (+4.56%)

Indian investors sentiment towards Mercantile Bank Stock

200%

Period: Jul 5, 2025 to Aug 4, 2025. Change in 30 Days versus previous period

Search interest for Mercantile Bank Stock from India on INDmoney has increased by 200% in the last 30 days, reflecting an upward trend in search activity.

Global Institutional Holdings in Mercantile Bank Corp

  • Name

    Holdings %

  • BlackRock Inc

    9.79%

  • Dimensional Fund Advisors, Inc.

    6.62%

  • Vanguard Group Inc

    6.26%

  • Renaissance Technologies Corp

    3.13%

  • State Street Corp

    2.80%

  • American Century Companies Inc

    2.63%

Analyst Recommendation on Mercantile Bank Stock

Rating
Trend

Buy

    70%Buy

    30%Hold

    0%Sell

Based on 10 Wall street analysts offering stock ratings for Mercantile Bank(by analysts ranked 0 to 5 stars)

Mercantile Bank Share Price Target

What analysts predicted

Upside of 24.02%

Target:

$55.60

Current:

$44.83

Mercantile Bank share price target is $55.60, a slight Upside of 24.02% compared to current price of $44.83 as per analysts' prediction.

Mercantile Bank Stock Insights

  • Price Movement

    In the last 7 days, MBWM stock has moved down by -6.1%
  • Decreasing Revenue

    Revenue is down for the last 4 quarters, 93.07M → 73.25M (in $), with an average decrease of 7.4% per quarter
  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, 19.53M → 22.61M (in $), with an average increase of 13.6% per quarter
  • MBWM vs MFG (1 yr)

    In the last 1 year, Mizuho Financial Group, Inc. has given 52.1% return, outperforming this stock by 47.9%
  • MBWM vs MFG (3 yr)

    In the last 3 years, Mizuho Financial Group, Inc. has given 147.5% return, outperforming this stock by 119.1%
  • Price to Sales

    ForMBWM every $1 of sales, investors are willing to pay $3.2, whereas for Mizuho Financial Group, Inc., the investors are paying $0.0 for every $1 of sales.

Mercantile Bank Corp Financials

Revenue
Profit
Cash Flow
Annually
Quarterly
FY19
FY20
FY21
FY22
FY23
FY24
FY24Y/Y Change
Revenue
$361.9M
↑ 19.24%
Net Income
$79.6M
↓ 3.19%
Net Profit Margin
21.99%
↓ 5.1%

Mercantile Bank Technicals Summary

Sell

Neutral

Buy

Mercantile Bank is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Mercantile Bank Corp Vs Peers

Returns
Ratio's
Overview
Company Name1 Month6 Month1 Year3 Years5 Years
Mercantile Bank Corp logo
-9.23%
-7.91%
5.14%
30.14%
109.64%
U.s. Bancorp logo
-8.04%
-6.39%
8.87%
-5.39%
20.74%
Icici Bank Ltd. logo
0.48%
13.74%
19.3%
56.04%
245.01%
Pnc Financial Services Group, Inc. logo
-5.28%
-4.95%
14.06%
13.91%
76.72%
Itaú Unibanco Holding S.a. logo
-8.04%
21.0%
23.32%
44.75%
46.25%
Mizuho Financial Group, Inc. logo
7.75%
7.62%
54.43%
150.21%
132.55%

About Mercantile Bank Corp

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides 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; consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, the company offers courier services and safe deposit boxes; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Organization
Mercantile Bank
Employees
692
CEO
Mr. Raymond E. Reitsma
Industry
Finance

Key Management of Mercantile Bank Corp

NameTitle
Mr. Raymond E. Reitsma
President, CEO & Director
Mr. Charles E. Christmas
Executive VP, CFO & Treasurer
Mr. Scott P. Setlock
Executive VP, COO & Secretary
Mr. Brett E. Hoover
Executive VP & Chief Human Resource Officer
Mr. Mark S. Augustyn
Executive VP & Chief Commercial Banking Officer of the Bank
Sonali D. Allen
Senior VP and Chief Compliance & Community Development Officer of Mercantile Bank
Mr. Jeff Kaiser
Senior VP & Head of Risk Management Department
Mr. Douglas J. Holtrop
Executive VP & Senior Lending Officer of Mercantile Bank
Tara M. Randall
Executive VP & Chief Experience Officer
Mr. Justin M. Karl
Executive VP & Senior Lending Officer of Mercantile Bank

Important FAQs about investing in MBWM Stock from India :

How to invest in Mercantile Bank Stock (MBWM) from India?

It is very easy for Indian residents to invest directly in Mercantile Bank from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Mercantile Bank stock in both Indian Rupees (INR) and US Dollars (USD). Search for Mercantile Bank or MBWM on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Mercantile Bank or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Mercantile Bank shares which would translate to 0.020 fractional shares of Mercantile Bank as of today. Learn more about fractional investing.

Can Indians buy Mercantile Bank shares?

Yes, Indians can invest in the Mercantile Bank (MBWM) from India.

With INDmoney, you can buy Mercantile Bank at 0 brokerage. The step-by-step process is as follows:

  • Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
  • Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
  • Once funds are transferred successfully, you can buy Mercantile Bank at zero transaction cost.

How can I buy Mercantile Bank shares from India?

It is very easy to buy Mercantile Bank from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Mercantile Bank (MBWM) be purchased?

Yes, you can buy fractional shares of Mercantile Bank with INDmoney app.

What are the documents required to start investing in Mercantile Bank stocks?

To start investing in Mercantile Bank, You will need the following documents:

  • Proof of Identification (PAN, Aadhaar etc)
  • Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.

What is Mercantile Bank share price today?

Mercantile Bank share price today stands at $44.83, Open: $44.78 ; Previous Close: $44.44 ; High: $44.83 ; Low: $44.78 ; 52 Week High: $52.98 ; 52 Week Low: $37.76.

The stock opens at $44.78, after a closing price of $44.44. The stock reached a daily high of $44.83 and a low of $44.78, with a 52-week high of $52.98 and a 52-week low of $37.76.

What are today’s High and Low prices of Mercantile Bank Stock (MBWM)?

Today’s highest price of Mercantile Bank (MBWM) is $44.83.

Today’s lowest price of Mercantile Bank (MBWM) is $44.78.

What is the 52 Week High and Low Range of Mercantile Bank Stock (MBWM)?

  • 52 Week High

    $52.98

  • 52 Week Low

    $37.76

What are the historical returns of Mercantile Bank (MBWM)?

  • 1 Month Returns

    -9.23%

  • 3 Months Returns

    -7.91%

  • 1 Year Returns

    5.14%

  • 5 Years Returns

    109.64%

What is today's market capitalisation of Mercantile Bank?

Today's market capitalisation of Mercantile Bank MBWM is 722.1M

Who is the Chief Executive Officer (CEO) of Mercantile Bank ?

Mr. Raymond E. Reitsma is the current Chief Executive Officer (CEO) of Mercantile Bank.