MBWMNasdaqState Commercial BanksFiscal year ends December 31
MERCANTILE BANK CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$58.42−0.19 (-0.32%)
Close on Oct 19, 2026
- Market cap
- $1.01B
- P/E (TTM)
- 10.3
- Dividend yield
- 2.57%
MERCANTILE BANK CORP revenue by segment
By business segment
By product or service
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credit and Debit Card [Member] | $2.92M | $2.59M | $2.29M | $2.37M | $2.35M | $2.20M | $2.18M | $2.26M | $2.27M | $2.12M | $2.20M | $2.23M | 4.2% | +24.3% |
| Service Charges on Deposit and Sweep Accounts [Member] | $2.66M | $2.48M | $2.26M | $2.06M | $1.97M | $1.84M | $1.87M | $1.75M | $1.69M | $1.53M | $1.54M | $1.37M | 3.9% | +35.4% |
| Payroll Processing [Member] | $854.00K | $1.09M | $825.00K | $825.00K | $783.00K | $1.04M | $763.00K | $713.00K | $686.00K | $896.00K | $601.00K | $591.00K | 1.2% | +9.1% |
| Interest Rate Swap Fees [Member] | $443.00K | $663.00K | $270.00K | $377.00K | $1.23M | $80.00K | $716.00K | $389.00K | $766.00K | $1.34M | – | – | 0.6% | -64.0% |
| Customer Service [Member] | $274.00K | $265.00K | $202.00K | $298.00K | $179.00K | $197.00K | $186.00K | $231.00K | $183.00K | $198.00K | $189.00K | $205.00K | 0.4% | +53.1% |
By region
From the segment and revenue-disaggregation notes of Mercantile Bank's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.