Mercantile Bank Corporation
Mercantile Bank Corporation (Nasdaq: MBWM) is a Michigan-based bank holding company whose banks provide commercial banking primarily to small and midsized businesses, as well as retail banking to individuals. Their services include commercial, construction, mortgage and consumer loans; checking, savings and time… From the company’s description.
Over the twelve months to Sep 30, 2026, Mercantile Bank Corporation reported revenue of $271.57M, up 13.6% from a year earlier, and net income of $95.53M. Its pre-tax margin was 41.8%. In fiscal 2025, it reported revenue of $242.65M, up 4.8% from fiscal 2024, and net income of $88.75M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Mercantile Bank Corporation does
In the company’s own words
Mercantile Bank Corporation (Nasdaq: MBWM) is a Michigan-based bank holding company whose banks provide commercial banking primarily to small and midsized businesses, as well as retail banking to individuals. Their services include commercial, construction, mortgage and consumer loans; checking, savings and time deposits; and online and mobile banking. The company operates Mercantile Bank and Eastern Michigan Bank, which it plans to consolidate after a core processor conversion expected in 2027. The banks serve Michigan through 54 office locations. Commercial real estate, commercial and industrial, residential mortgage and consumer lending are among their lending activities. The company also operates Mercantile Insurance Center, which offers personal and small-business insurance through an agency arrangement, and Mercantile Community Partners, which invests in community development tax-credit projects. The company was organized in 1997, and completed its acquisition of Eastern Michigan Financial Corporation on December 31, 2025. At year-end 2025, it employed 744 full-time and 42 part-time people. Its website is www.mercbank.com.
Company details
- Sector
- Financials
- Industry (SIC)
- Banks & Brokers
- Headquarters
- GRAND RAPIDS, MI
- Fiscal year end
- December
- CIK
- 1042729
- SIC
- 6022
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Mercantile Bank Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Mercantile Bank Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Mercantile Bank Corporation’s bonds, as funds hold them
Funds report holding 1 issues of Mercantile Bank Corporation’s debt, $7.90M at market value — what funds hold, not the company’s total debt.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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