Mercantile Bank Corp.  

(Public, NASDAQ:MBWM)   Watch this stock  
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+0.34 (1.03%)
Feb 17 - Close
NASDAQ real-time data - Disclaimer
Currency in USD
Range 32.81 - 33.47
52 week 21.05 - 38.68
Open 33.03
Vol / Avg. 46,639.00/42,648.00
Mkt cap 550.91M
P/E 17.11
Div/yield 0.18/2.15
EPS 1.96
Shares 16.42M
Beta 0.88
Inst. own 50%
Jan 17, 2017
Q4 2016 Mercantile Bank Corp Earnings Call
Jan 17, 2017
Q4 2016 Mercantile Bank Corp Earnings Release
More events from DailyFinance »    

Key stats and ratios

Q4 (Dec '16) 2016
Net profit margin 26.05% 25.15%
Operating margin 38.81% 36.95%
EBITD margin - -
Return on average assets 1.06% 1.07%
Return on average equity 9.40% 9.46%
Employees 558 -
CDP Score - -


310 Leonard St NW
GRAND RAPIDS, MI 49504-4224
United States - Map
+1-616-4063000 (Phone)
+1-616-4063737 (Fax)

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money


Mercantile Bank Corporation is a bank holding company. The Company owns the Mercantile Bank of Michigan (the Bank). The Bank is a state banking company. The bank, through its approximately 50 office locations, provides commercial banking services primarily to small- to medium-sized businesses and retail banking services in and around the West and Central portions of Michigan. The Bank makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. The Bank owns approximately 50 automated teller machines (ATM). Its bank also enables customers to conduct certain loan and deposit transactions by personal computer and through mobile applications. Courier service is provided to certain commercial customers, and safe deposit facilities are available at its office locations. Mercantile Insurance Center, Inc. (insurance company) is a subsidiary of the Bank, which offers insurance products.

Officers and directors

Michael H. Price Executive Chairman of the Board
Age: 59
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance
Robert B. Kaminski Jr. President, Chief Executive Officer, Director of the Company and Chief Executive Officer of the Bank
Age: 55
Bio & Compensation  - Reuters
Charles E. Christmas Chief Financial Officer, Executive Vice President, Treasurer of the Company and Executive Vice President and Chief Financial Officer of the Bank
Age: 49
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance
Raymond E. Reitsma President of the Bank
Age: 53
Bio & Compensation  - Reuters
Robert Worthington Chief Operating Officer, Senior Vice President, General Counsel, Secretary
Age: 42
Bio & Compensation  - Reuters
Thomas R. Sullivan Director
Age: 64
Bio & Compensation  - Reuters
David M. Cassard Independent Director
Age: 61
Bio & Compensation  - Reuters
Michelle Larabee Eldridge Independent Director
Age: 51
Bio & Compensation  - Reuters
Jeff A. Gardner Independent Director
Age: 62
Bio & Compensation  - Reuters
Edward B. Grant Ph.D. Independent Director
Age: 65
Bio & Compensation  - Reuters