Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Mercantile Bank (MBWM) have what it takes?
Mercantile Bank is experiencing accelerating earnings momentum, with Q2 2026 EPS of $1.50 beating consensus by 10% and net interest income up 15.7% year-over-year to $57.3M, driven by commercial loan growth and disciplined expense management (efficiency ratio ...
Price trend, volume and key moving averages
Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 21, 2026 | $1.53+15.9% vs $1.32 | $69M-0.1% vs $69M |
Q2 2026 Apr 21, 2026 | $1.32+4.8% vs $1.26 | $68M+0.3% vs $67M |
Q1 2026 Feb 27, 2026 | $1.40 vs — | $93M vs — |
Q1 2026 Jan 20, 2026 | $1.40+2.2% vs $1.37 | $62M+0.2% vs $62M |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Mercantile Bank (MBWM) have what it takes?
Mercantile Bank Corporation (NASDAQ: MBWM - Get Free Report)'s share price hit a new 52-week high on Thursday. The company traded as high as $62.95 and last traded at $60.55, with a volume of 202294 shares. The stock had previously closed at $61.77. Wall Street Analyst Weigh In Several analysts recently issued reports on MBWM
Mercantile Bank Corporation (MBWM) Q2 2026 Earnings Call Transcript
Mercantile Bank NASDAQ: MBWM reported higher second-quarter earnings and said its year-end 2025 acquisition of Eastern Michigan contributed to stronger deposits, improved liquidity and a stable net interest margin.
Benchmark MBWM against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Mercantile Bank Corporation (MBWM)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $58.68 | $1.01B | 10.75 | 4.83% | 23.87% | 13.56% | 2.51% | |
| $35.30 | $727.4M | 10.80 | 4.57% | 22.71% | 14.12% | — | |
| $21.23 | $204.74M | 14.54 | -9.39% | 14.64% | 6.77% | — | |
| $41.41 | $1.14B | 13.10 | 9.64% | 18.89% | 10.41% | — | |
| $51.69 | $46.85B | 14.60 | 8.37% | 15.91% | 8.86% | — | |
| $15.38 | $31.07B | 11.06 | 10.58% | 16.64% | 8.57% | — |
Mercantile Bank Corporation (MBWM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Mercantile Bank Corporation (MBWM) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 21, 2026·SEC
May 21, 2026·SEC
Apr 21, 2026·SEC
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Mercantile Bank Corporation (MBWM) stock FAQ — growth, dividends, profitability & financials explained
Mercantile Bank Corporation (MBWM) grew revenue by 4.8% over the past year. Growth has been modest.
Yes, Mercantile Bank Corporation (MBWM) is profitable, generating $95.2M in net income for fiscal year 2025 (23.9% net margin).
Yes, Mercantile Bank Corporation (MBWM) pays a dividend with a yield of 2.51%. This makes it attractive for income-focused investors.
Mercantile Bank Corporation (MBWM) has a return on equity (ROE) of 13.6%. This is reasonable for most industries.
Mercantile Bank Corporation (MBWM) has a net interest margin (NIM) of 2.9%. NIM has been under pressure due to interest rate environment.
Mercantile Bank Corporation (MBWM) has an efficiency ratio of 36.6%. This is excellent, indicating strong cost control.