Mercantile Bank Corporation (MBWM)

Mercantile Bank Employees

Mercantile Bank had 770 employees as of December 31, 2025. The number of employees increased by 88 or 12.90% compared to the previous year.

• Employees: 770
• Change (1Y): 88
• Growth (1Y): 12.90%
• Revenue / Employee: $309,678
• Profits / Employee: $115,264
• Market Cap: 893.07M

Employees History

Date	Employees	Change (1Y)	Growth (1Y)	Full-Time	Part-Time
Dec 31, 2025	770	88	12.90%	770	0
Dec 31, 2024	682	17	2.56%	648	34
Dec 31, 2023	665	-4	-0.60%	631	34
Dec 31, 2022	669	13	1.98%	601	68
Dec 31, 2021	656	-9	-1.35%	585	71