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Mercantile Bank Corp
MBWMAdd to Watchlist
57.810USD
-1.090-1.85%
Close 07/02, 13:00（ET）Quotes delayed by 15 min
939.62MMarket Cap
10.37P/E TTM
More Details of Mercantile Bank Corp Company
Mercantile Bank Corporation is the bank holding company for Mercantile Bank (The Bank). The Bank is a state banking company that provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. Its operations are centered around the West and Central portions of Michigan. It also has banking offices located in the metropolitan Detroit, Michigan area, Traverse City, Michigan, Petoskey, Michigan, Saginaw, Michigan, and Midland, Michigan. It makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. It also enables customers to conduct certain loan and deposit transactions by personal computer and through mobile applications. Its insurance product offerings include private passenger automobiles, homeowners, personal inland marine, boat owners, recreational vehicles, dwelling fire, umbrella policies, small businesses, and life insurance products.
Mercantile Bank Corp Info
Ticker SymbolMBWM
Company nameMercantile Bank Corp
IPO dateOct 24, 1997
CEOReitsma (Raymond E)
Number of employees648
Security typeOrdinary Share
Fiscal year-endOct 24
Address310 Leonard St NW
CityGRAND RAPIDS
Stock exchangeNASDAQ OMX - NASDAQ BASIC
CountryUnited States of America
Postal code49504
Phone16164063000
Websitehttps://ir.mercbank.com/
Ticker SymbolMBWM
IPO dateOct 24, 1997
CEOReitsma (Raymond E)
Company Executives of Mercantile Bank Corp
Name
Name/Position
Position
Shareholding
Change
Mr. Charles E. Christmas
Mr. Charles E. Christmas
Chief Financial Officer, Executive Vice President and Treasurer of Mercantile; Executive Vice President and Chief Financial Officer of the Bank
Chief Financial Officer, Executive Vice President and Treasurer of Mercantile; Executive Vice President and Chief Financial Officer of the Bank
123.50K
+1.58%
Mr. Raymond E. Reitsma
Mr. Raymond E. Reitsma
President, Chief Executive Officer, Director
President, Chief Executive Officer, Director
89.54K
+0.76%
Mr. Michael H. Price
Mr. Michael H. Price
Independent Chairman of the Board of the Mercantile and Bank
Independent Chairman of the Board of the Mercantile and Bank
47.63K
+2.30%
Mr. Mark S Augustyn
Mr. Mark S Augustyn
Executive Vice President, Chief Commercial Banking Officer of the Bank
Executive Vice President, Chief Commercial Banking Officer of the Bank
33.02K
--
Mr. Scott P. Setlock
Mr. Scott P. Setlock
Chief Operating Officer, Executive Vice President, Secretary of Mercantile and of the Bank
Chief Operating Officer, Executive Vice President, Secretary of Mercantile and of the Bank
32.08K
+0.82%
Ms. Michelle Larabee Eldridge
Ms. Michelle Larabee Eldridge
Independent Director
Independent Director
19.42K
+4.27%
Ms. Tara M Randall
Ms. Tara M Randall
Executive Vice President, Chief Experience Officer of the Bank
Executive Vice President, Chief Experience Officer of the Bank
16.58K
+0.90%
Mr. David B. Ramaker
Mr. David B. Ramaker
Independent Director
Independent Director
15.81K
+5.06%
Mr. Nelson F. Sanchez
Mr. Nelson F. Sanchez
Independent Director
Independent Director
7.30K
+9.79%
Mr. Joseph D Jones
Mr. Joseph D Jones
Independent Director
Independent Director
6.51K
+10.99%
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Charles E. Christmas
Mr. Charles E. Christmas
Chief Financial Officer, Executive Vice President and Treasurer of Mercantile; Executive Vice President and Chief Financial Officer of the Bank
Chief Financial Officer, Executive Vice President and Treasurer of Mercantile; Executive Vice President and Chief Financial Officer of the Bank
123.50K
+1.58%
Mr. Raymond E. Reitsma
Mr. Raymond E. Reitsma
President, Chief Executive Officer, Director
President, Chief Executive Officer, Director
89.54K
+0.76%
Mr. Michael H. Price
Mr. Michael H. Price
Independent Chairman of the Board of the Mercantile and Bank
Independent Chairman of the Board of the Mercantile and Bank
47.63K
+2.30%
Mr. Mark S Augustyn
Mr. Mark S Augustyn
Executive Vice President, Chief Commercial Banking Officer of the Bank
Executive Vice President, Chief Commercial Banking Officer of the Bank
33.02K
--
Mr. Scott P. Setlock
Mr. Scott P. Setlock
Chief Operating Officer, Executive Vice President, Secretary of Mercantile and of the Bank
Chief Operating Officer, Executive Vice President, Secretary of Mercantile and of the Bank
32.08K
+0.82%
Ms. Michelle Larabee Eldridge
Ms. Michelle Larabee Eldridge
Independent Director
Independent Director
19.42K
+4.27%
FAQs
Who are the top five shareholders of Mercantile Bank Corp?
The top five shareholders of Mercantile Bank Corp are: Mr. Charles E. Christmas
How many institutions hold shares of Mercantile Bank Corp (MBWM)?
As of 2026Q1, 375 institutions hold shares of Mercantile Bank Corp, with a combined market value of approximately 12.07M, accounting for 69.86% of the total shares. Compared to 2025Q4, institutional shareholding has increased by 596310.00.