Mercantile Bank Corp (MBWM)
Mercantile Bank Corp (MBWM) is a Michigan-based bank holding company that provides a range of banking services to individuals and businesses. Founded in 1984, it operates through its subsidiary, Mercantile Bank of Michigan, offering personal banking, business banking, mortgage services, and wealth management. The bank emphasizes community-focused banking with a strong presence in its regional markets.
Dividend History
Investors can expect a dividend payout of $0.38 per share, scheduled to be distributed in 56 days on December 17, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 17, 2025 | $0.38 | 2025-12-05 | 2025-12-05 |
| September 17, 2025 | $0.38 | 2025-09-05 | 2025-09-05 |
| June 18, 2025 | $0.37 | 2025-06-06 | 2025-06-06 |
| March 19, 2025 | $0.37 | 2025-03-07 | 2025-03-07 |
| December 18, 2024 | $0.36 | 2024-12-06 | 2024-12-06 |
Dividends Summary
- Mercantile Bank Corp has issued 81 dividend payments over the past 21 years
- The most recent dividend was paid 35 days ago, on September 17, 2025
- The highest dividend payed out to investors during this period was $2.00 per share
- The average dividend paid during this period was $0.23 per share.
Company News
Law firm Monteverde & Associates is investigating the proposed merger between Eastern Michigan Financial Corporation and Mercantile Bank Corporation, where shareholders will receive $32.32 in cash and 0.7116 shares of Mercantile common stock.
Mercantile Bank Corporation will acquire Eastern Michigan Financial Corporation in a $95.8 million cash and stock transaction, expanding its presence in Michigan and strengthening its market position with enhanced assets, deposits, and branch network.
Mercantile Bank Corp director Robert B. Kaminski sold 5,000 shares of the company's stock, resulting in proceeds exceeding $240,000. The transactions were part of regular financial disclosures, and do not necessarily signal a change in the company's fundamentals.
Although the revenue and EPS for Mercantile Bank (MBWM) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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