MCS.FFrankfurt
Mercantile Bank Corporation
€45.00
ListedDec 30, 2020
SectorFinancial Services
IndustryBanks — Regional
CountryUnited States
Employees766
StateMI| CityGrand Rapids| Address310 Leonard Street NW| Phone616 406 3000
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, such as checking, savings, and term certificate accounts; time deposits; and certificates of deposit. It also provides commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, the company offers courier services and safe deposit boxes; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Key Indicators

Key financial and dividend metrics for this stock.

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P/E Ratio
9.4
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Div. Rate
€1.33
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Div. Yield
2.95%
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Payout Ratio
27.24%
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Max Consec. Div. Years
5 years
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Longest Consec. Div.
5 years
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Div. Coverage
100%
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Div. Stability Rate
0.09
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Div. Growth Rate
100.00%
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Score
97

Dividend History

Historical dividend payments by ex-dividend date.

Mar 6, 2026
€ 0.3346
Dec 5, 2025
€ 0.3260
Sep 5, 2025
€ 0.3260
Jun 6, 2025
€ 0.3174
Mar 7, 2025
€ 0.3174
Dec 6, 2024
€ 0.3088
Sep 6, 2024
€ 0.3088
Jun 7, 2024
€ 0.3003
Feb 29, 2024
€ 0.3003
Nov 30, 2023
€ 0.2917
Aug 31, 2023
€ 0.2917
Jun 1, 2023
€ 0.2831
Mar 2, 2023
€ 0.2831
Dec 1, 2022
€ 0.2745
Sep 1, 2022
€ 0.2745
Jun 2, 2022
€ 0.2659
Mar 3, 2022
€ 0.2659
Dec 2, 2021
€ 0.2574
Sep 2, 2021
€ 0.2574
Jun 3, 2021
€ 0.2488
Mar 4, 2021
€ 0.2488

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