DIVIDEND ANNOUNCEMENT: Mercantile Bank Corp. (NASDAQ:MBWM) on 10/20/2026 declared a dividend of $0.4000 per share

Mercantile Bank Corp. (NASDAQ:MBWM) on 10/20/2026 declared a dividend of $ 0.4000 per share payable on December 16, 2026 to shareholders of record as of December 04, 2026.

Mercantile Bank Corp. (NASDAQ:MBWM) has paid dividends since 2003, has a current dividend yield of 2.6422801018% and has increased its dividends for 6 successive years.

Mercantile Bank Corp.'s market cap is $ 1,020,565,440 and has a PE ratio of 10.38. The stock price closed yesterday at $ 59.04 and has a 52 week low/high of $ 42.88 and $ 62.95.

Mercantile Bank Corporation is the bank holding company for Mercantile Bank (The Bank). The Bank is a state banking company that provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. Its operations are centered around the West and Central portions of Michigan. It also has banking offices located in the metropolitan Detroit, Michigan area, Traverse City, Michigan, Saginaw, Michigan, and Midland, Michigan. It makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits.

For more information on Mercantile Bank Corp. click here.