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Mercantile Bank Corporation (MBWM) is a financial services company in the additional asia-pacific banking institutions industry, based in Grand Rapids, United States, with about 827 full-time employees.
It reported revenue of $242.65 million for fiscal year 2025, up 4.8% from fiscal year 2024, and net income of $88.75 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $68.76 million, up 12.8% from a year before. Its market capitalization was $998.78 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit.
Mercantile Bank reported $242.65 million in revenue for fiscal year 2025, up 4.8% from $231.47 million in fiscal year 2024. In Q2 2026 revenue was $68.76 million.
$998.78 million as of October 9, 2026.
Listed companies of a similar size in the same industry (additional asia-pacific banking institutions) include RHB Capital Bhd. (RHBAF), Metropolitan Bank & Trust Company (MTPOF), Yamaguchi Financial Group, Inc. (YFGSF), Security Bank Corporation (SYBJF).