⌘K

Mercantile Bank Corporation (MBWM)

$44.00 -5.60% $-2.61 Financial Services

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers 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; and 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, it provides courier services and safe deposit facilities; 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, as well as owns 22 automated teller machines and 19 video banking machines. As of January 18, 2022, the company operated 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Market cap

$710.06M

CEO

Mr. Robert B. Kaminski Jr.

Full time employees

630.00

Headquarters

Grand Rapids, MI

IPO Date

Jul 29, 1998

Price-to-earnings (PE) Ratio

8.71

Earnings-per-share (EPS)

$5.05

Cash ratio (TTM)

0.05

Current ratio (TTM)

0.05

Dividend yield (TTM)

3.00%

Earnings yield (TTM)

10.81%

Net profit margin (TTM)

26.36%

PE ratio (TTM)

9.25

PEG ratio (TTM)

0.44

Price-to-book ratio (TTM)

1.36

Price-to-sales ratio (TTM)

2.44

Quick ratio (TTM)

0.05

Return on assets (TTM)

1.45%

Return on equity (TTM)

15.52%

Similar stocks (5)

Lakeland Financial Corporation

LKFN

$67.25 -3.52% $-2.45

Uptrend

Great Southern Bancorp, Inc.

GSBC

$59.49 -3.32% $-2.04

Uptrend

Macatawa Bank Corporation

MCBC

$14.82 -0.87% $-0.13

Uptrend

MidWestOne Financial Group, Inc.

MOFG

$28.88 -3.31% $-0.99

Uptrend

The First Bancorp, Inc.

FNLC

$26.36 -2.73% $-0.74

Uptrend

ETF Exposure (51)

ProShares Russell 2000 Dividend Growers ETF

SMDV

1.089701058119167%

$69.36 -1.67% $-1.18

Uptrend

First Trust NASDAQ ABA Community Bank Index Fund

QABA

0.4%

$54.06 -2.24% $-1.24

Uptrend

Inspire Small/Mid Cap Impact ESG ETF

ISMD

0.20875754537242305%

$37.82 -1.04% $-0.40

Uptrend

iShares Micro-Cap ETF

IWC

0.18734%

$124.61 -1.53% $-1.93

Uptrend

SPDR S&P Regional Banking ETF

KRE

0.13719%

$57.69 -2.02% $-1.19

Uptrend

Direxion Daily Regional Banks Bull 3X Shares

DPST

0.1141337034%

$104.36 -6.19% $-6.89

Uptrend

Dimensional US Small Cap Value ETF

DFSV

0.07013461%

$30.59 -1.32% $-0.41

Uptrend

Invesco Russell 2000 Dynamic Multifactor ETF

OMFS

0.064%

$39.55 -0.88% $-0.35

Uptrend

Vanguard Strategic Small-Cap Equity Fund Investor Shares

VSTCX

0.06%

$42.53 -0.95% $-0.41

Uptrend

Vanguard Russell 2000 Value Index Fund

VTWV

0.06%

$148.28 -1.36% $-2.05

Uptrend

iShares Russell 2000 Value ETF

IWN

0.05666%

$167.93 -1.44% $-2.46

Uptrend

Principal U.S. Small-Cap Multi-Factor ETF

PSC

0.0532861898%

$51.63 -1.30% $-0.68

Uptrend

Invesco FTSE RAFI US 1500 Small-Mid ETF

PRFZ

0.052%

$41.51 -1.31% $-0.55

Uptrend

Dimensional U.S. Targeted Value ETF

DFAT

0.039909309999999996%

$55.20 -1.27% $-0.71

Uptrend

iShares Morningstar Small-Cap Value ETF

ISCV

0.03314%

$63.42 -1.14% $-0.73

Uptrend

iShares Russell 2000 ETF

IWM

0.03184%

$221.57 -1.07% $-2.40

Uptrend

Vanguard Russell 2000 Index Fund

VTWO

0.03%

$89.66 -1.02% $-0.92

Uptrend

Dimensional U.S. Small Cap ETF

DFAS

0.02044811%

$64.49 -0.95% $-0.62

Uptrend

Schwab U.S. Small-Cap ETF

SCHA

0.0166395278%

$51.59 -0.71% $-0.37

Uptrend

iShares Morningstar Small-Cap ETF

ISCB

0.01616%

$58.65 -0.43% $-0.25

Uptrend

Fidelity MSCI Financials Index ETF

FNCL

0.01193592%

$64.05 -0.38% $-0.24

Uptrend

ProShares Ultra Russell2000

UWM

0.010336513368939333%

$43.13 -2.18% $-0.96

Uptrend

Vanguard Financials Index Fund

VFAIX

0.01%

$55.50 -0.38% $-0.21

Uptrend

Vanguard Financials Index Fund

VFH

0.01%

$110.72 -0.44% $-0.49

Uptrend

Vanguard Extended Market Index Fund Institutional Shares

VIEIX

0.01%

$137.78 -0.71% $-0.99

Uptrend

Vanguard Extended Market Index Fund

VXF

0.01%

$181.71 -0.66% $-1.21

Uptrend

Dimensional U.S. Core Equity 2 ETF

DFAC

0.00562875%

$33.96 -0.53% $-0.18

Uptrend

FlexShares Morningstar US Market Factors Tilt Index Fund

TILT

0.0056%

$211.06 -0.37% $-0.79

Uptrend

ProShares UltraPro Russell2000

URTY

0.005082646026500857%

$52.46 -3.34% $-1.81

Uptrend

ProShares Hedge Replication ETF

HDG

0.004285657045758483%

$50.11 0.08% $0.04

Uptrend

Invesco Dividend Achievers ETF

PFM

0.003%

$46.35 -0.10% $-0.05

Uptrend

Dimensional US Sustainability Core 1 ETF

DFSU

0.00272383%

$36.80 -0.49% $-0.18

Uptrend

Dimensional US Marketwide Value ETF

DFUV

0.0017838799999999998%

$41.28 -0.65% $-0.27

Uptrend

Dimensional US Core Equity Market ETF

DFAU

0.0015644199999999997%

$39.25 -0.38% $-0.15

Uptrend

iShares Russell 3000 ETF

IWV

0.00148%

$324.76 -0.27% $-0.87

Uptrend

iShares Core S&P Total U.S. Stock Market ETF

ITOT

0.00143%

$124.94 -0.25% $-0.31

Uptrend

Dimensional U.S. Equity ETF

DFUS

0.00127638%

$61.54 -0.34% $-0.21

Uptrend

Schwab U.S. Broad Market ETF

SCHB

0.0010225883%

$66.09 -0.23% $-0.15

Uptrend

WisdomTree U.S. SmallCap Earnings Fund

EES

9.511e-4%

$52.96 -1.34% $-0.72

Uptrend

WisdomTree U.S. SmallCap Dividend Fund

DES

8.281e-4%

$34.42 -1.09% $-0.38

Uptrend

WisdomTree U.S. High Dividend Fund

DHS

3.919e-4%

$93.24 -0.22% $-0.20

Uptrend

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

GSSC

$69.37 -1.21% $-0.85

Uptrend

Vanguard Balanced Index Fund Institutional Shares

VBAIX

$49.87 -0.18% $-0.09

Uptrend

Vanguard Balanced Index Fund Admiral Shares

VBIAX

$49.86 -0.18% $-0.09

Uptrend

Vanguard Balanced Index Fund

VBINX

$49.86 -0.16% $-0.08

Uptrend

Vanguard Institutional Total Stock Market Index Fund Institutional Shares

VITNX

$97.56 -0.25% $-0.24

Uptrend

Vanguard Institutional Total Stock Market Index Fund

VITPX

$97.53 -0.26% $-0.25

Uptrend

Vanguard Total Stock Market Index Fund

VITSX

$136.99 -0.25% $-0.34

Uptrend

Vanguard Russell 3000 Index Fund

VTHR

$252.12 -0.37% $-0.94

Uptrend

Vanguard Total Stock Market Index Fund

VTI

$281.46 -0.21% $-0.59

Uptrend

Vanguard Total Stock Market Index Fund

VTSAX

$136.96 -0.25% $-0.34

Uptrend

Similar stocks (5)

Lakeland Financial Corporation

LKFN

$67.25 -3.52% $-2.45

Uptrend

Great Southern Bancorp, Inc.

GSBC

$59.49 -3.32% $-2.04

Uptrend

Macatawa Bank Corporation

MCBC

$14.82 -0.87% $-0.13

Uptrend

MidWestOne Financial Group, Inc.

MOFG

$28.88 -3.31% $-0.99

Uptrend

The First Bancorp, Inc.

FNLC

$26.36 -2.73% $-0.74

Uptrend

ETF Exposure (51)

ProShares Russell 2000 Dividend Growers ETF

SMDV

1.089701058119167%

$69.36 -1.67% $-1.18

Uptrend

First Trust NASDAQ ABA Community Bank Index Fund

QABA

0.4%

$54.06 -2.24% $-1.24

Uptrend

Inspire Small/Mid Cap Impact ESG ETF

ISMD

0.20875754537242305%

$37.82 -1.04% $-0.40

Uptrend

iShares Micro-Cap ETF

IWC

0.18734%

$124.61 -1.53% $-1.93

Uptrend

SPDR S&P Regional Banking ETF

KRE

0.13719%

$57.69 -2.02% $-1.19

Uptrend

Direxion Daily Regional Banks Bull 3X Shares

DPST

0.1141337034%

$104.36 -6.19% $-6.89

Uptrend

Dimensional US Small Cap Value ETF

DFSV

0.07013461%

$30.59 -1.32% $-0.41

Uptrend

Invesco Russell 2000 Dynamic Multifactor ETF

OMFS

0.064%

$39.55 -0.88% $-0.35

Uptrend

Vanguard Strategic Small-Cap Equity Fund Investor Shares

VSTCX

0.06%

$42.53 -0.95% $-0.41

Uptrend

Vanguard Russell 2000 Value Index Fund

VTWV

0.06%

$148.28 -1.36% $-2.05

Uptrend

iShares Russell 2000 Value ETF

IWN

0.05666%

$167.93 -1.44% $-2.46

Uptrend

Principal U.S. Small-Cap Multi-Factor ETF

PSC

0.0532861898%

$51.63 -1.30% $-0.68

Uptrend

Invesco FTSE RAFI US 1500 Small-Mid ETF

PRFZ

0.052%

$41.51 -1.31% $-0.55

Uptrend

Dimensional U.S. Targeted Value ETF

DFAT

0.039909309999999996%

$55.20 -1.27% $-0.71

Uptrend

iShares Morningstar Small-Cap Value ETF

ISCV

0.03314%

$63.42 -1.14% $-0.73

Uptrend

iShares Russell 2000 ETF

IWM

0.03184%

$221.57 -1.07% $-2.40

Uptrend

Vanguard Russell 2000 Index Fund

VTWO

0.03%

$89.66 -1.02% $-0.92

Uptrend

Dimensional U.S. Small Cap ETF

DFAS

0.02044811%

$64.49 -0.95% $-0.62

Uptrend

Schwab U.S. Small-Cap ETF

SCHA

0.0166395278%

$51.59 -0.71% $-0.37

Uptrend

iShares Morningstar Small-Cap ETF

ISCB

0.01616%

$58.65 -0.43% $-0.25

Uptrend

Fidelity MSCI Financials Index ETF

FNCL

0.01193592%

$64.05 -0.38% $-0.24

Uptrend

ProShares Ultra Russell2000

UWM

0.010336513368939333%

$43.13 -2.18% $-0.96

Uptrend

Vanguard Financials Index Fund

VFAIX

0.01%

$55.50 -0.38% $-0.21

Uptrend

Vanguard Financials Index Fund

VFH

0.01%

$110.72 -0.44% $-0.49

Uptrend

Vanguard Extended Market Index Fund Institutional Shares

VIEIX

0.01%

$137.78 -0.71% $-0.99

Uptrend

Vanguard Extended Market Index Fund

VXF

0.01%

$181.71 -0.66% $-1.21

Uptrend

Dimensional U.S. Core Equity 2 ETF

DFAC

0.00562875%

$33.96 -0.53% $-0.18

Uptrend

FlexShares Morningstar US Market Factors Tilt Index Fund

TILT

0.0056%

$211.06 -0.37% $-0.79

Uptrend

ProShares UltraPro Russell2000

URTY

0.005082646026500857%

$52.46 -3.34% $-1.81

Uptrend

ProShares Hedge Replication ETF

HDG

0.004285657045758483%

$50.11 0.08% $0.04

Uptrend

Invesco Dividend Achievers ETF

PFM

0.003%

$46.35 -0.10% $-0.05

Uptrend

Dimensional US Sustainability Core 1 ETF

DFSU

0.00272383%

$36.80 -0.49% $-0.18

Uptrend

Dimensional US Marketwide Value ETF

DFUV

0.0017838799999999998%

$41.28 -0.65% $-0.27

Uptrend

Dimensional US Core Equity Market ETF

DFAU

0.0015644199999999997%

$39.25 -0.38% $-0.15

Uptrend

iShares Russell 3000 ETF

IWV

0.00148%

$324.76 -0.27% $-0.87

Uptrend

iShares Core S&P Total U.S. Stock Market ETF

ITOT

0.00143%

$124.94 -0.25% $-0.31

Uptrend

Dimensional U.S. Equity ETF

DFUS

0.00127638%

$61.54 -0.34% $-0.21

Uptrend

Schwab U.S. Broad Market ETF

SCHB

0.0010225883%

$66.09 -0.23% $-0.15

Uptrend

WisdomTree U.S. SmallCap Earnings Fund

EES

9.511e-4%

$52.96 -1.34% $-0.72

Uptrend

WisdomTree U.S. SmallCap Dividend Fund

DES

8.281e-4%

$34.42 -1.09% $-0.38

Uptrend

WisdomTree U.S. High Dividend Fund

DHS

3.919e-4%

$93.24 -0.22% $-0.20

Uptrend

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

GSSC

$69.37 -1.21% $-0.85

Uptrend

Vanguard Balanced Index Fund Institutional Shares

VBAIX

$49.87 -0.18% $-0.09

Uptrend

Vanguard Balanced Index Fund Admiral Shares

VBIAX

$49.86 -0.18% $-0.09

Uptrend

Vanguard Balanced Index Fund

VBINX

$49.86 -0.16% $-0.08

Uptrend

Vanguard Institutional Total Stock Market Index Fund Institutional Shares

VITNX

$97.56 -0.25% $-0.24

Uptrend

Vanguard Institutional Total Stock Market Index Fund

VITPX

$97.53 -0.26% $-0.25

Uptrend

Vanguard Total Stock Market Index Fund

VITSX

$136.99 -0.25% $-0.34

Uptrend

Vanguard Russell 3000 Index Fund

VTHR

$252.12 -0.37% $-0.94

Uptrend

Vanguard Total Stock Market Index Fund

VTI

$281.46 -0.21% $-0.59

Uptrend

Vanguard Total Stock Market Index Fund

VTSAX

$136.96 -0.25% $-0.34

Uptrend