# Mercantile Bank Corp: overview

MBWM · Nasdaq · CIK 1042729 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/mbwm.md) · [Financials](/companies/mbwm/financials.md) · [Filings](/companies/mbwm/filings.md) · [Insiders](/companies/mbwm/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $ | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | not reported | [1.21](/filings/0001437749-26-014320.md) | [1.39](/filings/0001437749-26-025168.md) | [1.46](/filings/0001437749-26-034072.md) | not reported | [1.32](/filings/0001437749-26-014320.md) | [1.50](/filings/0001437749-26-025168.md) | [1.39](/filings/0001437749-26-034072.md) |
| Free cash flow | $ | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL not reported.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $ | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [3.69](/filings/0001437749-24-006268.md) | [3.85](/filings/0001437749-25-005844.md) | [5.13](/filings/0001437749-26-005997.md) | [4.93](/filings/0001437749-26-005997.md) | [5.47](/filings/0001437749-26-005997.md) |
| Free cash flow | $ | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL not reported.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/mbwm/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $88.1m | 1,534,392 |  | Added +145,678 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $62.5m | 1,087,998 |  | Reduced −101,033 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $60.1m | 1,046,841 |  | Added +13,953 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $42.2m | 735,613 |  | Added +31,289 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $35.9m | 625,015 |  | Added +63,548 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $34.4m | 598,641 |  | Added +96,173 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $26.8m | 466,410 |  | Added +31,398 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $25.6m | 446,613 |  | Reduced −25,600 |
| [NORTH STAR ASSET MANAGEMENT INC](/funds/1056559.md) | 2026-06-30 | $21.7m | 377,427 |  | Reduced −5,753 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $16.7m | 290,093 |  | Added +14,772 |

## Recent filings

[All 804 filings](/companies/mbwm/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-30 | 08:00 ET | [10-Q](/filings/0001437749-26-034072.md) | Quarterly report, period 2026-09-30 | 0001437749-26-034072 |
| 2026-10-20 | 09:00 ET | [8-K](/filings/0001437749-26-032974.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-032974 |
| 2026-09-25 | 16:15 ET | [8-K](/filings/0001437749-26-031227.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001437749-26-031227 |
| 2026-07-31 | 08:01 ET | [10-Q](/filings/0001437749-26-025168.md) | Quarterly report, period 2026-06-30 | 0001437749-26-025168 |
| 2026-07-21 | 09:01 ET | [8-K](/filings/0001437749-26-023919.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-023919 |
| 2026-05-21 | 14:23 ET | [8-K](/filings/0001437749-26-018049.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001437749-26-018049 |
| 2026-05-01 | 08:29 ET | [10-Q](/filings/0001437749-26-014320.md) | Quarterly report, period 2026-03-31 | 0001437749-26-014320 |
| 2026-04-21 | 09:00 ET | [8-K](/filings/0001437749-26-012888.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-012888 |
| 2026-04-02 | 07:59 ET | [DEF 14A](/filings/0001437749-26-010964.md) | Proxy statement, period 2026-05-21 | 0001437749-26-010964 |
| 2026-03-19 | 16:32 ET | [8-K](/filings/0001437749-26-009074.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001437749-26-009074 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001437749-26-005997.md), filed Feb 27, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1042729
- Tickers: MBWM
- Exchange: Nasdaq
- SIC code: 6022 State Commercial Banks
- State of incorporation: MI
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 31, 2026, 03:06 ET. No prices; not investment advice.
