Mercantile Bank - 28 Year Stock Price History | MBWM

Historical daily share price chart and data for Mercantile Bank since 1997 adjusted for splits and dividends. The latest closing stock price for Mercantile Bank as of August 19, 2025 is 46.98.
  • The all-time high Mercantile Bank stock closing price was 50.93 on February 11, 2025.
  • The Mercantile Bank 52-week high stock price is 52.98, which is 12.8% above the current share price.
  • The Mercantile Bank 52-week low stock price is 37.76, which is 19.6% below the current share price.
  • The average Mercantile Bank stock price for the last 52 weeks is 45.53.
For more information on how our historical price data is adjusted see the Stock Price Adjustment Guide.
Mercantile Bank Historical Annual Stock Price Data
Year Average Stock Price Year Open Year High Year Low Year Close Annual % Change
2025 45.0140 43.0460 50.9334 38.2017 46.9800 7.37%
2024 40.2400 38.2553 49.9559 32.2551 43.7541 14.03%
2023 29.9638 30.6518 39.6426 22.0339 38.3693 25.81%
2022 30.4601 30.9411 34.4444 26.6967 30.4969 -0.85%
2021 27.5328 22.8539 32.2373 22.8539 30.7568 33.79%
2020 19.9555 29.3344 29.3344 14.3261 22.9893 -22.04%
2019 26.4652 22.7980 29.9489 22.6337 29.4880 33.33%
2018 25.8073 26.1531 28.7796 20.9041 22.1171 -15.62%
2017 24.5076 27.1804 27.8590 21.4601 26.2123 -4.02%
2016 18.3289 16.4550 27.6730 14.5601 27.3108 59.75%
2015 14.3760 13.9253 17.9571 12.7056 17.0960 20.02%
2014 13.0840 12.8115 15.5283 11.5134 14.2438 9.33%
2013 11.1795 9.9560 13.4649 9.3803 13.0288 35.78%
2012 8.6826 5.6458 10.5948 5.5607 9.5955 73.45%
2011 5.0123 4.7955 5.6439 4.3249 5.5323 19.44%
2010 2.8262 1.8329 4.6373 1.7169 4.6317 172.39%
2009 2.0662 2.2136 3.0979 1.4892 1.7004 -19.97%
2008 4.3134 6.8913 6.8913 1.9764 2.1246 -68.97%
2007 10.6670 14.8437 14.8437 6.4760 6.8471 -54.29%
2006 15.0785 14.2486 16.2054 13.8087 14.9788 6.13%
2005 14.8530 13.5050 17.3772 13.0117 14.1130 5.03%
2004 12.0170 11.7661 14.7738 10.5606 13.4369 16.70%
2003 9.0415 6.8645 11.7629 6.8645 11.5137 67.16%
2002 5.8745 4.8587 6.8965 4.8587 6.8878 43.36%
2001 4.3987 2.9162 5.1977 2.9162 4.8045 61.28%
2000 2.7930 3.1113 3.2925 2.3711 2.9790 -3.31%
1999 3.5987 3.9307 4.1654 2.9603 3.0811 -22.77%
1998 3.6364 2.5215 4.6120 2.4929 3.9894 69.79%
Sector Industry Market Cap Revenue
Finance Banks - Midwest $0.760B $0.362B
Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services in a friendly, hometown banking environment.
Stock Name Country Market Cap PE Ratio
Huntington Bancshares (HBAN) United States $24.333B 12.00
UMB Financial (UMBF) United States $8.783B 11.25
Wintrust Financial (WTFC) United States $8.611B 12.17
Old National Bancorp (ONB) United States $8.444B 11.17
Commerce Bancshares (CBSH) United States $8.221B 14.67
Associated Banc-Corp (ASB) United States $4.188B 10.65
First Interstate BancSystem (FIBK) United States $3.180B 13.66
First Financial Bancorp (FFBC) United States $2.363B 8.97
First Merchants (FRME) United States $2.250B 10.07
Enterprise Financial Services (EFSC) United States $2.110B 10.78
First Busey (BUSE) United States $2.065B 10.04
Lakeland Financial (LKFN) United States $1.619B 17.28
1st Source (SRCE) United States $1.502B 10.48
German American Bancorp (GABC) United States $1.494B 12.69
QCR Holdings (QCRH) United States $1.276B 10.81
Peoples Bancorp (PEBO) United States $1.056B 9.86
FirstSun Capital Bancorp (FSUN) United States $1.022B 10.61
Old Second Bancorp (OSBC) United States $0.927B 9.37
First Financial Indiana (THFF) United States $0.658B 10.61
Independent Bank (IBCP) United States $0.650B 10.22
MidWestOne Financial (MOFG) United States $0.594B 11.16
Farmers National Banc (FMNB) United States $0.529B 10.18
First Business Financial Services (FBIZ) United States $0.407B 9.16
Civista Bancshares (CIVB) United States $0.384B 8.02
First Western Financial (MYFW) United States $0.209B 18.08
Ames National (ATLO) United States $0.170B 12.39
Ohio Valley Banc (OVBC) United States $0.167B 12.02
Eagle Bancorp Montana (EBMT) United States $0.132B 10.41
CSB Bancorp (CSBB) United States $0.119B 9.32
BNCCORP (BNCC) United States $0.103B 12.36
United Bancshares (UBOH) United States $0.087B 7.64
United Bancorp (UBCP) United States $0.082B 11.22
Central Plains Bancshares (CPBI) United States $0.065B 15.63