Welcome to our dedicated page for Mercantile Bk news (Ticker: MBWM), a resource for investors and traders seeking the latest updates and insights on Mercantile Bk stock.
Mercantile Bank Corporation (NASDAQ: MBWM) is a bank holding company based in Grand Rapids, Michigan, and the parent of Mercantile Bank and, effective December 31, 2025, Eastern Michigan Bank. This news page aggregates coverage of Mercantile’s public announcements, giving readers a focused view of developments affecting the company’s commercial banking operations and its role as one of the largest Michigan-based banking organizations.
Company news frequently highlights quarterly and annual financial results, including trends in net interest income, noninterest income categories such as mortgage banking, interest rate swap, treasury management, and payroll services fees, as well as asset quality metrics and capital measures. Press releases also discuss the company’s loan and deposit growth, loan-to-deposit ratio, and balance sheet composition, providing insight into Mercantile’s funding mix and lending activity.
Another key theme in Mercantile’s news flow is strategic transactions and partnerships. In 2025, the company announced and completed a definitive merger agreement with Eastern Michigan Financial Corporation, adding Eastern Michigan Bank as a subsidiary and expanding Mercantile’s footprint in Eastern and Southeastern Michigan. News items describe the receipt of regulatory approvals, the structure of the merger, and the planned consolidation of Eastern Michigan Bank into Mercantile Bank, subject to regulatory approvals.
Readers will also find updates on dividend declarations, where Mercantile’s Board of Directors announces regular quarterly cash dividends on common stock and explains how dividend decisions relate to financial performance and capital levels. Additional news includes information on technology initiatives, such as Mercantile Bank’s selection of Jack Henry’s core processing platform and Enterprise Workflow solution to support its long-term growth strategy and operational efficiency.
By following this news feed, investors and observers can review Mercantile Bank Corporation’s official communications on earnings, capital management, strategic mergers, technology projects, and other material events disclosed through press releases and referenced in SEC filings.
Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call on April 20, 2021, to discuss its first quarter 2021 financial results at 10:00 a.m. Eastern Time. Interested participants can join by dialing 1-844-868-8844, with passcode 10153878, or access the live webcast at ir.mercbank.com. The bank, based in Grand Rapids, Michigan, has approximately $4.6 billion in assets and operates 44 banking offices, focusing on quality service and expertise.
Mercantile Bank Corporation (NASDAQ: MBWM) reported a net income of $14.1 million ($0.87 per diluted share) for Q4 2020, up from $13.3 million ($0.81 per diluted share) YoY. For the full year, net income totaled $44.1 million ($2.71 per diluted share), down from $49.5 million ($3.01 per diluted share) in 2019. Key points include a 20% increase in total revenue to $46.2 million in Q4 and a strong capital position with total assets reaching $4.44 billion. The company also announced a 3.6% increase in its first quarter 2021 dividend to $0.29 per share.
Mercantile Bank Corporation (NASDAQ: MBWM) declared a quarterly cash dividend of $0.29 per share on January 14, 2021, payable on March 17, 2021. This represents a 4% increase from the $0.28 dividend in Q4 2020. CEO Robert B. Kaminski, Jr. highlighted the bank's strong financial position amid COVID-19 challenges, emphasizing their commitment to rewarding shareholders. The bank has assets of approximately $4.4 billion and operates 44 banking offices.
Mercantile Bank Corporation (NASDAQ: MBWM) will hold a conference call on January 19, 2021, at 10:00 a.m. Eastern Time to discuss its fourth quarter and full year 2020 results. Interested parties can join the call at 1-844-868-8844 or access the live webcast at ir.mercbank.com. Mercantile Bank, based in Grand Rapids, Michigan, operates 39 banking offices and manages assets of approximately $4.4 billion.
Mercantile Bank of Michigan has launched its first mortgage lending center in Cincinnati, marking a significant expansion beyond Michigan. This new office aims to strengthen its lending operations by offering a diverse range of mortgage products, including home purchases, refinancing, and new construction loans. The bank emphasizes its commitment to exceptional service and innovative loan options to enhance customer experience in the Cincinnati Tri-State Area. Mercantile Bank operates 39 offices and has approximately $4.4 billion in assets.
Lake Trust Credit Union has announced plans to purchase the Hastings branch of Mercantile Bank of Michigan for approximately $16 million in deposits. The acquisition, which includes a 4,300 square-foot branch, aims to enhance member experience and accessibility. The deal is expected to close in early 2021, with Lake Trust transitioning to the new location following renovations. Mercantile, based in Grand Rapids, operates 39 branches in Michigan with total assets around $4.4 billion. Lake Trust aims to serve its community better through this strategic acquisition.
Mercantile Bank Corporation (NASDAQ: MBWM) reported a net income of $10.7 million for Q3 2020, down from $12.6 million in Q3 2019. Year-to-date net income totaled $30.1 million, compared to $36.1 million in the same period last year. Total revenue rose to $42.8 million, an 11.8% increase, driven by a 99.3% surge in noninterest income, mostly from mortgage banking. However, net interest income fell to $29.5 million, a 6.6% decline. Total assets reached $4.42 billion, up 21.7% from the end of 2019. The company maintained a strong capital position with a 13.5% risk-based capital ratio.
On October 15, 2020, Mercantile Bank Corporation (NASDAQ: MBWM) declared a quarterly cash dividend of $0.28 per share, scheduled for payment on December 16, 2020. Shareholders of record as of December 4, 2020 will receive this dividend. Despite challenges from the COVID-19 pandemic, the bank's financial position remains robust. President Robert B. Kaminski, Jr. emphasized a commitment to evaluating future cash dividends to maintain adequate capital levels.
Mercantile Bank Corporation (NASDAQ: MBWM) will conduct a conference call on October 20, 2020, at 10:00 a.m. Eastern Time to discuss its third quarter 2020 results. Interested listeners can join by dialing 1-844-868-8844 (passcode: 10148325) or via live webcast at ir.mercbank.com. The bank, based in Grand Rapids, Michigan, manages approximately $4.3 billion in assets and operates 40 banking offices.
Mercantile Bank Corporation (NASDAQ: MBWM) announced the immediate appointments of David B. Ramaker, Michael S. Davenport, and Shoran Reid Williams to its Board of Directors. Ramaker, former CEO of Chemical Bank, brings extensive banking experience, having grown Chemical Financial Corporation's assets from $3 billion to $18 billion. Davenport, CEO of Jireh Metal Products, contributes over 13 years in banking, while Williams adds over 26 years in litigation experience. CEO Robert B. Kaminski, Jr. expressed confidence that their expertise will enhance the Board's effectiveness and support Mercantile's strategic goals.
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