Mercantile Bank Corporation (MBWM)

Mercantile Bank Employees

As of December 31, 2025, Mercantile Bank had 786 total employees, including 744 full-time and 42 part-time employees. The number of employees increased by 104 or 15.25% compared to the previous year.

• Employees: 786
• Change (1Y): 104
• Growth (1Y): 15.25%
• Revenue / Employee: $321,490
• Profits / Employee: $116,922
• Market Cap: 879.44M

Employees History

Date	Employees	Change (1Y)	Growth (1Y)	Full-Time	Part-Time
Dec 31, 2025	786	104	15.25%	744	42
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

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Employee data is provided by S&P Global Market Intelligence and updates once per year after the filing of each annual report.

Update frequency:

Yearly

Last checked:

Jun 3, 2026

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