Mercantile Bank Corp
MBWM
61.11−0.11 (−0.18%)Nov 12, 4:00 PM ET
Key stats
- Open
- 61.29
- Day high
- 61.81
- Day low
- 60.80
- Previous close
- 61.22
- Volume
- 68.2K
- VWAP
- 61.04
- 52-week high
- 63.41
- 52-week low
- 43.00
- Market cap
- 1.06B
- Shares out
- 17.29M
- Employees
- 786
- Listed
- 1997
About Mercantile Bank Corp
Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.
STATE COMMERCIAL BANKS · GRAND RAPIDS, MI · mercbank.com
Options · expiring Nov 20
Nov 12, 3:58 PM ET- Call open interest
- 0
- Put open interest
- 2
- Put/call
- —
- At-the-money IV
- 54.8%
| Contract | Last | Traded | Volume | Open int. | IV |
|---|---|---|---|---|---|
| 55 put | 0.49 | Oct 20, 3:05 PM | 2 | 2 | 67.7% |
| 50 call | — | — | 0 | 0 | 82.6% |
| 55 call | — | — | 0 | 0 | 49.7% |
| 60 call | — | — | 0 | 0 | 54.8% |
| 65 call | — | — | 0 | 0 | 45.8% |
| 70 call | — | — | 0 | 0 | 77.3% |
Quarterly results
Massive · Oct 30, 2026| Q3 2026 to Sep 30, 2026 | Q2 2026 to Jun 30, 2026 | Q1 2026 to Mar 31, 2026 | Q4 2025 to Dec 31, 2025 | |
|---|---|---|---|---|
| Revenue | $102.57M | $98.19M | $97.11M | $93.31M |
| Gross profit | $73.20M | $68.76M | $67.59M | $62.07M |
| Operating income | $28.95M | $31.18M | $27.28M | $26.05M |
| Net income | $24.07M | $25.93M | $22.68M | $22.84M |
| Diluted EPS | 1.39 | 1.50 | 1.32 | 1.40 |
| Operating cash flow | $47.06M | $15.27M | $28.31M | $5.65M |
| Assets | $7.16B | $6.82B | $6.95B | $6.84B |
| Liabilities | $6.42B | $6.06B | $6.21B | $6.11B |
| Equity | $743.84M | $755.12M | $736.95M | $724.88M |
Technicals
Massive · Nov 12, 2026- 50-day average59.93
- 200-day average55.86
- RSI (14 days)55.2
Short interest
Massive · Oct 30, 2026- Oct 30, 2026533.2K shares · 4.2 days to cover
- Oct 15, 2026561.5K shares · 5.1 days to cover
- Sep 30, 2026626.4K shares · 5.5 days to cover
- Sep 15, 2026595.6K shares · 5.2 days to cover
Dividends
Massive · Dec 4, 2026- Ex Dec 4, 2026, paid Dec 16, 20260.4000 · 4 a year
- Ex Sep 4, 2026, paid Sep 16, 20260.4000 · 4 a year
- Ex Jun 5, 2026, paid Jun 17, 20260.3900 · 4 a year
- Ex Mar 6, 2026, paid Mar 18, 20260.3900 · 4 a year
- Ex Dec 5, 2025, paid Dec 17, 20250.3800 · 4 a year
- Ex Sep 5, 2025, paid Sep 17, 20250.3800 · 4 a year
- Ex Jun 6, 2025, paid Jun 18, 20250.3700 · 4 a year
- Ex Mar 7, 2025, paid Mar 19, 20250.3700 · 4 a year
Related companies
MassiveNews coverage
No stories about Mercantile Bank Corp right now.