Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.
The latest dividend from MBWM was $0.40 per share (ex-dividend 9/4/2026). The dividend yield over the last 12 months is 2,5%. Over the last 12 months there were 4 distributions, totalling $1.56 per share.