Mercantile Bank Corporation (MBWM) Financials

MBWM Assets vs Liabilities
DateAssetsLiabilities
June 30, 2026 6.8 billion 6.1 billion
March 31, 2026 6.9 billion 6.2 billion
Dec. 31, 2025 6.8 billion 6.1 billion
Sept. 30, 2025 6.3 billion 5.7 billion

MBWM Free Cash Flow and Stock based compensation
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DateFree Cash FlowStock based compensation
June 30, 2026 ? ?
March 31, 2026 27.4 million 971000
Dec. 31, 2025 5.4 million 821000
Sept. 30, 2025 20.5 million 929000

MBWM Net Income
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DateNet Income
June 30, 2026 ?
March 31, 2026 22.7 million
Dec. 31, 2025 22.8 million
Sept. 30, 2025 23.8 million

MBWM Cash and Debt
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DateCashDebtCapital Lease
June 30, 2026 1.2 billion 470.2 million -
March 31, 2026 48.4 million 483.8 million -
Dec. 31, 2025 1.6 billion 593.6 million -
Sept. 30, 2025 1.1 billion 405.7 million -

MBWM Shares Outstanding
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DateShares Outstanding
June 30, 2026 ?
March 31, 2026 17.2 million
Dec. 31, 2025 16.3 million
Sept. 30, 2025 16.2 million

MBWM Expenses
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DateCapexR&DG&AS&M
June 30, 2026 - - 39.4 million -
March 31, 2026 938000 - 27.1 million -
Dec. 31, 2025 227000 - 21.8 million -
Sept. 30, 2025 2.6 million - 21.1 million -

MBWM Cost of Revenue
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DateRevenueCost of Revenue
June 30, 2026 98.2 million 29.4 million
March 31, 2026 96.5 million 27.7 million
Dec. 31, 2025 93.3 million 31.9 million
Sept. 30, 2025 96.0 million 33.8 million

MBWM Revenue by Segment
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MBWM

List: Contenders

Price: $57.18

52 week price:
41.78
60.40

Dividend Yield: 2.58%

5-year range yield:
2.58%
5.05%

Forward Dividend Yield: 2.61%

Payout Ratio: 28.51%

Payout Ratio Range:
-72.73%
1284.03%

Dividend Per Share: 1.56 USD

Earnings Per Share: 5.40 USD

P/E Ratio: 10.70

Exchange: NMS

Sector: Financial Services

Industry: Banks - Regional

Country: United States

Volume: 13616

Market Capitalization: 998.5 million

Average Dividend Frequency: 4

Years Paying Dividends: 27

DGR3: 6.17%

DGR5: 5.83%

DGR10: 11.05%

DGR20: 30.00%

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