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Smart Investors Daily
MB

NASDAQ · MBWM

Mercantile Bank Corporation

Financial Services · Banks - Regional

$58.03

Down-$0.80 (-1.36%)

Updated Oct 8, 2026, 5:41 AM

SID Score

5.9/10

Composite research score

Smart Money

—

Institutional and insider signal

Market cap
804.88M
P/E ratio
9.4
Dividend yield
2.58%
52-week range
$42.75 – $62.95
Volume
111.36K
Avg. volume
62.56K

Price performance · MBWM

MBWM price history

1M range · 21 trading sessions · Daily adjusted prices

Prices through Oct 7, 2026

MBWM closed at $58.03 after 21 trading sessions, down 3.81% for the selected period.

Last close
$58.03
Period change
-3.81%
Period low
$58.03
Period high
$61.77
Daily close
View OHLC price history
MBWM OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Oct 7, 2026$58.18$59.50$57.65$58.03111.36K
Oct 6, 2026$59.36$59.60$58.7872$58.8385.28K
Oct 5, 2026$59.39$59.82$58.50$59.0991.05K
Oct 2, 2026$59.34$60.05$58.99$59.50107.33K
Oct 1, 2026$58.30$59.11$57.52$58.90139.12K
Sep 30, 2026$58.89$59.34$58.19$58.32156K
Sep 29, 2026$59.22$59.60$58.38$58.89114.48K
Sep 28, 2026$60.03$60.03$59.10$59.3881.43K
Sep 25, 2026$59.68$60.445$59.68$60.0391.66K
Sep 24, 2026$58.85$59.56$58.76$59.5281.61K
Sep 23, 2026$59.11$59.15$58.63$58.6877.31K
Sep 22, 2026$60.03$60.27$59.07$59.1275.91K
Sep 21, 2026$60.01$60.46$59.65$59.6792.79K
Sep 18, 2026$60.01$60.55$59.29$60.03225.48K
Sep 17, 2026$61.05$61.12$59.9201$60.3891.35K
Sep 16, 2026$61.77$62.9499$59.19$60.55202.3K
Sep 15, 2026$61.35$61.80$60.95$61.77108.34K
Sep 14, 2026$61.74$62.16$60.94$61.33159.39K
Sep 11, 2026$62.00$62.42$61.03$61.74111.5K
Sep 10, 2026$60.33$61.355$59.99$61.30104.76K
Sep 9, 2026$60.14$60.64$59.16$60.3381.3K

Latest MBWM news

The latest Smart Investors Daily articles mentioning MBWM.

MBWM research

Overview

Company profile and research snapshot.

Company profile

Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
—
Average target
$52.00
Implied upside
—
Analysts
—
MBWM recent ratings
DateFirmRatingTarget
Jul 22, 2026Hovde GroupMarket Perform—
Jul 22, 2026Keefe, Bruyette & WoodsOutperform—
Jun 26, 2026Piper SandlerNeutral—
Jan 21, 2026Keefe, Bruyette & WoodsOutperform—
Jan 7, 2026Raymond JamesOutperform—
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News briefing

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AI research layers

Interpretive context generated from the platform’s current data sources.

No results

AI research layers have not been published yet.