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Nasdaq · Common stock

Mercantile Bank (MBWM)

$61.15 +$0.06 (+0.10%)

Day’s range
$60.86–$61.75
Volume
97,729

MBWM price history

MBWM closed at $61.15 on Oct. 26, 2026. Over the past year, its daily close ranged from $43.28 on Oct. 29, 2025 to $62.14 on Sept. 4, 2026.

Source: third-party providers. Daily closing prices, adjusted for stock splits; dividends not included. The price scale runs from $40 to $65, not from zero.
Data table: MBWM daily closes, the past year
MBWM daily closing prices, Oct. 27, 2025 to Oct. 26, 2026, newest first
DateClose
Oct. 26, 2026$61.15
Oct. 23, 2026$61.09
Oct. 22, 2026$60.42
Oct. 21, 2026$58.71
Oct. 20, 2026$59.04
Oct. 19, 2026$58.42
Oct. 16, 2026$58.61
Oct. 15, 2026$58.32
Oct. 14, 2026$57.69
Oct. 13, 2026$58.03
Oct. 12, 2026$58.29
Oct. 9, 2026$57.78
Oct. 8, 2026$58.20
Oct. 7, 2026$58.03
Oct. 6, 2026$58.83
Oct. 5, 2026$59.09
Oct. 2, 2026$59.50
Oct. 1, 2026$58.90
Sept. 30, 2026$58.32
Sept. 29, 2026$58.89
Sept. 28, 2026$59.38
Sept. 25, 2026$60.03
Sept. 24, 2026$59.52
Sept. 23, 2026$58.68
Sept. 22, 2026$59.12
Sept. 21, 2026$59.67
Sept. 18, 2026$60.03
Sept. 17, 2026$60.38
Sept. 16, 2026$60.55
Sept. 15, 2026$61.77
Sept. 14, 2026$61.33
Sept. 11, 2026$61.74
Sept. 10, 2026$61.30
Sept. 9, 2026$60.33
Sept. 8, 2026$60.71
Sept. 4, 2026$62.14
Sept. 3, 2026$61.73
Sept. 2, 2026$61.00
Sept. 1, 2026$59.14
Aug. 31, 2026$59.76
Aug. 28, 2026$60.21
Aug. 27, 2026$59.75
Aug. 26, 2026$59.88
Aug. 25, 2026$60.32
Aug. 24, 2026$60.31
Aug. 21, 2026$59.61
Aug. 20, 2026$59.80
Aug. 19, 2026$59.57
Aug. 18, 2026$60.87
Aug. 17, 2026$61.14
Aug. 14, 2026$61.56
Aug. 13, 2026$61.40
Aug. 12, 2026$61.31
Aug. 11, 2026$60.85
Aug. 10, 2026$60.59
Aug. 7, 2026$60.70
Aug. 6, 2026$61.33
Aug. 5, 2026$61.98
Aug. 4, 2026$61.93
Aug. 3, 2026$60.72
July 31, 2026$60.08
July 30, 2026$59.73
July 29, 2026$60.43
July 28, 2026$60.33
July 27, 2026$58.62
July 24, 2026$58.50
July 23, 2026$57.18
July 22, 2026$57.80
July 21, 2026$59.68
July 20, 2026$57.66
July 17, 2026$57.80
July 16, 2026$58.75
July 15, 2026$57.79
July 14, 2026$57.05
July 13, 2026$57.42
July 10, 2026$57.02
July 9, 2026$56.60
July 8, 2026$56.13
July 7, 2026$57.41
July 6, 2026$57.93
July 2, 2026$57.81
July 1, 2026$58.90
June 30, 2026$57.42
June 29, 2026$57.17
June 26, 2026$57.09
June 25, 2026$56.27
June 24, 2026$55.79
June 23, 2026$54.91
June 22, 2026$53.96
June 18, 2026$53.75
June 17, 2026$53.26
June 16, 2026$54.36
June 15, 2026$53.76
June 12, 2026$55.20
June 11, 2026$54.22
June 10, 2026$54.38
June 9, 2026$53.89
June 8, 2026$53.03
June 5, 2026$52.74
June 4, 2026$52.63
June 3, 2026$50.91
June 2, 2026$52.88
June 1, 2026$52.03
May 29, 2026$52.99
May 28, 2026$52.83
May 27, 2026$52.45
May 26, 2026$52.89
May 22, 2026$52.20
May 21, 2026$52.59
May 20, 2026$52.01
May 19, 2026$50.90
May 18, 2026$51.20
May 15, 2026$49.87
May 14, 2026$51.10
May 13, 2026$50.60
May 12, 2026$51.27
May 11, 2026$51.20
May 8, 2026$52.11
May 7, 2026$52.01
May 6, 2026$52.18
May 5, 2026$51.99
May 4, 2026$51.08
May 1, 2026$51.96
April 30, 2026$51.31
April 29, 2026$50.69
April 28, 2026$51.97
April 27, 2026$51.27
April 24, 2026$50.62
April 23, 2026$50.68
April 22, 2026$50.42
April 21, 2026$51.43
April 20, 2026$53.26
April 17, 2026$53.68
April 16, 2026$52.30
April 15, 2026$53.03
April 14, 2026$53.53
April 13, 2026$53.29
April 10, 2026$53.50
April 9, 2026$53.94
April 8, 2026$53.00
April 7, 2026$52.03
April 6, 2026$51.53
April 2, 2026$51.46
April 1, 2026$51.05
March 31, 2026$50.50
March 30, 2026$50.03
March 27, 2026$49.33
March 26, 2026$49.78
March 25, 2026$49.31
March 24, 2026$49.87
March 23, 2026$50.28
March 20, 2026$48.64
March 19, 2026$50.28
March 18, 2026$49.65
March 17, 2026$49.71
March 16, 2026$50.08
March 13, 2026$49.92
March 12, 2026$50.07
March 11, 2026$49.95
March 10, 2026$50.16
March 9, 2026$50.11
March 6, 2026$50.33
March 5, 2026$51.93
March 4, 2026$52.68
March 3, 2026$52.50
March 2, 2026$52.54
Feb. 27, 2026$51.66
Feb. 26, 2026$53.31
Feb. 25, 2026$53.57
Feb. 24, 2026$52.38
Feb. 23, 2026$52.32
Feb. 20, 2026$54.12
Feb. 19, 2026$53.67
Feb. 18, 2026$53.97
Feb. 17, 2026$54.34
Feb. 13, 2026$53.92
Feb. 12, 2026$53.78
Feb. 11, 2026$53.73
Feb. 10, 2026$54.03
Feb. 9, 2026$54.61
Feb. 6, 2026$54.71
Feb. 5, 2026$54.93
Feb. 4, 2026$54.80
Feb. 3, 2026$53.77
Feb. 2, 2026$53.46
Jan. 30, 2026$51.98
Jan. 29, 2026$51.32
Jan. 28, 2026$49.97
Jan. 27, 2026$50.86
Jan. 26, 2026$51.02
Jan. 23, 2026$51.12
Jan. 22, 2026$53.31
Jan. 21, 2026$53.55
Jan. 20, 2026$50.63
Jan. 16, 2026$50.24
Jan. 15, 2026$50.46
Jan. 14, 2026$49.72
Jan. 13, 2026$48.66
Jan. 12, 2026$48.67
Jan. 9, 2026$48.94
Jan. 8, 2026$50.22
Jan. 7, 2026$48.75
Jan. 6, 2026$48.76
Jan. 5, 2026$48.50
Jan. 2, 2026$47.61
Dec. 31, 2025$48.10
Dec. 30, 2025$48.00
Dec. 29, 2025$48.40
Dec. 26, 2025$48.72
Dec. 24, 2025$49.03
Dec. 23, 2025$49.15
Dec. 22, 2025$49.09
Dec. 19, 2025$49.51
Dec. 18, 2025$49.61
Dec. 17, 2025$49.20
Dec. 16, 2025$49.81
Dec. 15, 2025$49.93
Dec. 12, 2025$49.56
Dec. 11, 2025$49.44
Dec. 10, 2025$48.96
Dec. 9, 2025$47.15
Dec. 8, 2025$46.97
Dec. 5, 2025$46.56
Dec. 4, 2025$47.51
Dec. 3, 2025$47.62
Dec. 2, 2025$46.42
Dec. 1, 2025$46.51
Nov. 28, 2025$45.98
Nov. 26, 2025$46.47
Nov. 25, 2025$46.76
Nov. 24, 2025$45.06
Nov. 21, 2025$45.76
Nov. 20, 2025$44.08
Nov. 19, 2025$43.93
Nov. 18, 2025$43.74
Nov. 17, 2025$43.91
Nov. 14, 2025$45.50
Nov. 13, 2025$45.55
Nov. 12, 2025$45.67
Nov. 11, 2025$45.64
Nov. 10, 2025$45.43
Nov. 7, 2025$45.13
Nov. 6, 2025$45.26
Nov. 5, 2025$45.46
Nov. 4, 2025$44.07
Nov. 3, 2025$44.34
Oct. 31, 2025$43.85
Oct. 30, 2025$43.82
Oct. 29, 2025$43.28
Oct. 28, 2025$44.81
Oct. 27, 2025$44.78

Key figures

52-week range
$43.28–$62.14Low Oct. 29, 2025; high Sept. 4, 2026
Average daily volume
115,468Past 3 months
Market value
$1.06B
Dividend yield
2.55%Past 12 months of regular dividends
From 52-week high
−1.59%

Price change

1 month
+1.87%
3 months
+4.53%
Year to date
+27.13%
1 year
+34.22%

$1,000 a year ago

$1,000 put into MBWM at the close on Oct. 24, 2025 would be worth $1,342.

Price only, dividends not included.

What Wall Street says about MBWM

In the past 90 days, Wall Street firms published 1 rating or price-target action on MBWM: 1 raised price target.

Rating and price-target actions on MBWM, past 90 days
ActionRating
Keefe, Bruyette & WoodsRaises targetOutperform$64 to $65

Ratings and price targets are the firms’ own opinions, reported as published.

Not investment advice.

Recent dividends

Cash dividends on MBWM, newest first
Ex-dividend datePer share
Regular, paid Dec. 16$0.40
Regular, paid Sept. 16$0.40
Regular, paid June 17$0.39
Regular, paid March 18$0.39
Regular, paid Dec. 17, 2025$0.38

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.

Headquarters
Grand Rapids, Mich.
Employees
786
Listed
Oct. 24, 1997
Sector
Financials
Industry
State commercial banks

mercbank.com, the company’s website

In WallStreetDigest editions

No WallStreetDigest article about MBWM is on the site yet.

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