Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
44.44
-1.25 (-2.74%)
Aug 1, 2025, 4:00 PM - Market closed

Company Description

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.

It also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans.

In addition, the company offers courier services and safe deposit boxes; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products.

The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Mercantile Bank Corporation
Mercantile Bank logo
CountryUnited States
Founded1997
IPO DateAug 7, 1997
IndustryBanks - Regional
SectorFinancials
Employees682
CEORaymond Reitsma

Contact Details

Address:
310 Leonard Street NW
Grand Rapids, Michigan 49504
United States
Phone616 406 3000
Websitemercbank.com

Stock Details

Ticker SymbolMBWM
ExchangeNASDAQ
Stock TypeCommon Stock
Fiscal YearJanuary - December
Reporting CurrencyUSD
CIK Code0001042729
CUSIP Number587376104
ISIN NumberUS5873761044
Employer ID38-3360865
SIC Code6022

Key Executives

NamePosition
Raymond E. ReitsmaPresident, Chief Executive Officer and Director
Charles E. ChristmasExecutive Vice President, Chief Financial Officer and Treasurer
Scott P. SetlockExecutive Vice President, Chief Operating Officer and Secretary
Brett E. HooverExecutive Vice President and Chief Human Resource Officer
Mark S. AugustynExecutive Vice President and Chief Commercial Banking Officer of the Bank
Sonali D. AllenSenior Vice President and Chief Compliance and Community Development Officer of Mercantile Bank
Jeff KaiserSenior Vice President and Head of Risk Management Department
Douglas J. HoltropExecutive Vice President and Senior Lending Officer of Mercantile Bank
Tara M. RandallExecutive Vice President and Chief Experience Officer
Justin M. KarlExecutive Vice President and Senior Lending Officer of Mercantile Bank

Latest SEC Filings

DateTypeTitle
Aug 1, 202510-QQuarterly Report
Jul 29, 2025425Filing
Jul 29, 20258-K/A[Amend] Current report
Jul 29, 2025SCHEDULE 13G/AFiling
Jul 22, 20258-KCurrent Report
Jun 13, 2025S-8Securities to be offered to employees in employee benefit plans
Jun 10, 202511-KAnnual report of employee stock purchase, savings and similar plans
May 22, 20258-KCurrent Report
May 2, 202510-QQuarterly Report
Apr 24, 2025SCHEDULE 13G/AFiling