Mercantile Bank Corporation MBWM | NASDAQ
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Company Overview:
10 Year MBWM Performance Metrics:
MBWM Dividend Payments, Yield & Share Price charts
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MBWM Dividend Safety: Payout & Dividend to Free Cash Flow Ratios.
MBWM Earnings, Revenue, Cash & Debt, Shares Outstaning:
Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:
Ratios, Profit Margins & Return on Capital:
MBWM Dividends Info:
MBWM Dividend History: Dates, Payments & Yield list
Below is a schedule of all MBWM dividend payments, ex-dates, share price on the day of the payment as well as TTM & forward yield
| Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
|---|---|---|---|---|---|
| 12/05/2025 | 12/17/2025 | $0.380 | 3.38% | 0% | $0.00 |
| 09/05/2025 | 09/17/2025 | $0.380 | 3.04% | 3.25% | $46.79 |
| 06/06/2025 | 06/18/2025 | $0.370 | 3.28% | 3.4% | $43.56 |
| 03/07/2025 | 03/19/2025 | $0.370 | 3.16% | 3.28% | $45.07 |
| 12/06/2024 | 12/18/2024 | $0.360 | 2.81% | 3.19% | $45.14 |
| 09/06/2024 | 09/18/2024 | $0.360 | 3.27% | 3.18% | $45.27 |
| 06/07/2024 | 06/19/2024 | $0.350 | 3.79% | 0% | $0.00 |
| 02/29/2024 | 03/13/2024 | $0.350 | 3.69% | 3.84% | $36.43 |
| 11/30/2023 | 12/13/2023 | $0.340 | 3.9% | 3.41% | $39.84 |
| 08/31/2023 | 09/13/2023 | $0.340 | 3.95% | 4.22% | $32.19 |
| 06/01/2023 | 06/14/2023 | $0.330 | 4.91% | 4.49% | $29.43 |
| 03/02/2023 | 03/15/2023 | $0.330 | 3.72% | 4.2% | $31.41 |
| 12/01/2022 | 12/14/2022 | $0.320 | 0.92% | 3.87% | $33.08 |
| 09/01/2022 | 09/14/2022 | $0.320 | 0.97% | 4.03% | $31.75 |
| 06/02/2022 | 06/15/2022 | $0.310 | 0.96% | 3.92% | $31.62 |
| 03/03/2022 | 03/16/2022 | $0.310 | 0.83% | 3.26% | $38.02 |
| 12/02/2021 | 12/15/2021 | $0.300 | 0.88% | 3.48% | $34.45 |
| 09/02/2021 | 09/15/2021 | $0.300 | 0.96% | 4% | $30.00 |
| 06/03/2021 | 06/16/2021 | $0.290 | 0.89% | 3.63% | $32.00 |
| 03/04/2021 | 03/17/2021 | $0.290 | 0.95% | 3.57% | $32.50 |
| 12/03/2020 | 12/16/2020 | $0.280 | 1.12% | 4.22% | $26.53 |
| 09/03/2020 | 09/16/2020 | $0.280 | 1.3% | 5.59% | $20.02 |
| 06/04/2020 | 06/17/2020 | $0.280 | 1.19% | 5.1% | $21.96 |
| 03/05/2020 | 03/18/2020 | $0.280 | 1.01% | 5% | $22.38 |
| 12/05/2019 | 12/18/2019 | $0.270 | 0.77% | 2.93% | $36.91 |
| 09/05/2019 | 09/18/2019 | $0.270 | 0.87% | 3.2% | $33.70 |
| 06/06/2019 | 06/19/2019 | $0.260 | 0.83% | 3.23% | $32.24 |
| 03/07/2019 | 03/20/2019 | $0.260 | 0.79% | 3.2% | $32.55 |
| 12/06/2018 | 12/19/2018 | $1.000 | 3.5% | 14.25% | $28.07 |
| 09/06/2018 | 09/19/2018 | $0.240 | 0.7% | 2.8% | $34.24 |
| 06/07/2018 | 06/20/2018 | $0.220 | 0.59% | 2.35% | $37.45 |
| 03/08/2018 | 03/21/2018 | $0.220 | 0.62% | 2.47% | $35.65 |
| 12/07/2017 | 12/20/2017 | $0.190 | 0.53% | 2.07% | $36.71 |
| 09/07/2017 | 09/20/2017 | $0.190 | 0.65% | 2.27% | $33.45 |
| 06/07/2017 | 06/21/2017 | $0.180 | 0.58% | 2.28% | $31.57 |
| 03/08/2017 | 03/22/2017 | $0.180 | 0.54% | 2.17% | $33.25 |
| 12/07/2016 | 12/21/2016 | $0.670 | 1.97% | 7.07% | $37.89 |
| 09/07/2016 | 09/21/2016 | $0.170 | 0.63% | 2.49% | $27.31 |
| 06/08/2016 | 06/23/2016 | $0.160 | 0.64% | 2.6% | $24.63 |
| 03/09/2016 | 03/23/2016 | $0.160 | 0.69% | 2.81% | $22.80 |
| 12/09/2015 | 12/23/2015 | $0.150 | 0.61% | 2.4% | $24.95 |
| 09/09/2015 | 09/23/2015 | $0.150 | 0.76% | 2.87% | $20.92 |
| 06/10/2015 | 06/24/2015 | $0.140 | 0.69% | 2.59% | $21.63 |
| 03/11/2015 | 03/25/2015 | $0.140 | 0.74% | 2.91% | $19.24 |
| 12/10/2014 | 12/24/2014 | $0.120 | 0.61% | 2.25% | $21.38 |
| 09/10/2014 | 09/24/2014 | $0.120 | 0.63% | 2.5% | $19.22 |
| 06/11/2014 | 06/25/2014 | $0.120 | 0.6% | 2.28% | $21.05 |
| 05/20/2014 | 05/29/2014 | $2.000 | 9.45% | 37.95% | $21.08 |
| 02/06/2014 | 03/10/2014 | $0.120 | 0.62% | 2.32% | $20.66 |
| 11/06/2013 | 12/10/2013 | $0.120 | 0.55% | 2.32% | $20.66 |
| 08/07/2013 | 09/10/2013 | $0.120 | 0.62% | 2.33% | $20.63 |
| 05/08/2013 | 06/10/2013 | $0.110 | 0.65% | 2.62% | $16.79 |
| 02/06/2013 | 03/08/2013 | $0.100 | 0.61% | 2.36% | $16.96 |
| 11/07/2012 | 12/10/2012 | $0.090 | 0.61% | 2.43% | $14.81 |
| 02/08/2010 | 03/10/2010 | $0.010 | 0.29% | 1.11% | $3.59 |
| 11/06/2009 | 12/10/2009 | $0.010 | 0.27% | 1.22% | $3.27 |
| 08/06/2009 | 09/10/2009 | $0.010 | 0.26% | 0.94% | $4.24 |
| 05/06/2009 | 06/10/2009 | $0.010 | 0.26% | 1.15% | $3.47 |
| 02/06/2009 | 03/10/2009 | $0.040 | 0.95% | 3.95% | $4.05 |
| 11/06/2008 | 12/10/2008 | $0.040 | 0.53% | 3.03% | $5.28 |
| 08/06/2008 | 09/10/2008 | $0.040 | 0.43% | 1.66% | $9.63 |
| 05/07/2008 | 06/10/2008 | $0.080 | 0.79% | 4.23% | $7.56 |
| 02/06/2008 | 03/10/2008 | $0.150 | 1.06% | 5.16% | $11.62 |
| 11/07/2007 | 12/10/2007 | $0.140 | 0.83% | 3.23% | $17.34 |
| 08/08/2007 | 09/10/2007 | $0.140 | 0.67% | 2.56% | $21.91 |
| 05/08/2007 | 06/08/2007 | $0.140 | 0.51% | 2.02% | $27.73 |
| 02/07/2007 | 03/09/2007 | $0.133 | 0.4% | 1.68% | $31.72 |
| 11/08/2006 | 12/08/2006 | $0.124 | 0.34% | 1.38% | $35.92 |
| 08/08/2006 | 09/08/2006 | $0.124 | 0.33% | 1.31% | $37.91 |
| 05/15/2006 | 06/09/2006 | $0.124 | 0.34% | 1.31% | $37.70 |
| 02/08/2006 | 03/10/2006 | $0.114 | 0.34% | 1.32% | $34.74 |
| 11/08/2005 | 12/09/2005 | $0.105 | 0.29% | 1.17% | $35.83 |
| 08/08/2005 | 09/09/2005 | $0.105 | 0.26% | 1.01% | $41.68 |
| 05/06/2005 | 06/10/2005 | $0.100 | 0.28% | 1.1% | $36.36 |
| 02/08/2005 | 03/10/2005 | $0.091 | 0.23% | 1.02% | $35.43 |
| 11/08/2004 | 12/10/2004 | $0.082 | 0.25% | 0.9% | $36.45 |
| 08/06/2004 | 09/10/2004 | $0.082 | 0.28% | 1.07% | $30.64 |
| 05/06/2004 | 06/10/2004 | $0.082 | 0.26% | 1.09% | $29.83 |
| 02/06/2004 | 03/10/2004 | $0.078 | 0.26% | 1.04% | $29.91 |
| 11/06/2003 | 12/10/2003 | $0.069 | 0.26% | 0.94% | $29.54 |
| 08/07/2003 | 09/10/2003 | $0.069 | 0.26% | 1.01% | $27.48 |
| 05/08/2003 | 06/10/2003 | $0.069 | 0.32% | 1.29% | $21.39 |
| 02/06/2003 | 03/10/2003 | $0.069 | 0.34% | 1.43% | $19.28 |
Projected Future Returns & Dividends for MBWM
Based on past 10-year performance, here are MBWM growth metrics:
Share price CAGR of +6.96%
Dividend CAGR of +9.76%
Using MBWM CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:
| MBWM (DRIP) | MBWM - No DRIP | |
|---|---|---|
| Current Price | $44.34 | $44.34 |
| Start Shares | 225.53 | 225.53 |
| Start Value | $10,000 | $10,000 |
| After 10 years: | ||
| Final Share Count | 331.20 | 225.53 |
| Dividends Payment | $0.96 | $0.96 |
| Annual Dividends | $1,277 | $870 |
| Yield on cost | 12.77% | 8.70% |
| Share Price | $81.23 | $81.23 |
| Total Dividends | $6,690 | $5,400 |
| Final Value | $26,902 | $23,719 |
NOTE: Above numbers are our estimate based on MBWM's Dividend and Price CAGR over past 10 years.
These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.
We cannot guarantee that your actual returns will meet these estimates.
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Company Info
Mercantile Bank Corporation (MBWM) had its IPO on 1999-07-20, and is trader on NASDAQ stock exchange.
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers 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; and 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, it provides courier services and safe deposit facilities; 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, as well as owns 22 automated teller machines and 19 video banking machines. As of January 18, 2022, the company operated 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
MBWM website: https://www.mercbank.com
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