Mercantile Bank Corporation (MBWM)

Mercantile Bank Employees

As of December 31, 2024, Mercantile Bank had 682 total employees, including 648 full-time and 34 part-time employees. The number of employees increased by 17 or 2.56% compared to the previous year.

• Employees: 682
• Change (1Y): 17
• Growth (1Y): 2.56%
• Revenue / Employee: $342,689
• Profits / Employee: $125,424
• Market Cap: 795.45M

Employees History

Date	Employees	Change	Growth
Dec 31, 2024	682	17	2.56%
Dec 31, 2023	665	-4	-0.60%
Dec 31, 2022	669	13	1.98%
Dec 31, 2021	656	-9	-1.35%
Dec 31, 2020	665	-18	-2.64%