Mercantile Bank
Grand Rapids, Puerto Rico, United States · Banking, Finance, Financial Services
Mercantile Bank Limited emerged as a new commercial bank to provide efficient banking services and to contribute socio-economic development of the country. The Bank commenced its operation on June 2, 1999.
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Key facts
- Headquarters
- Grand Rapids, Puerto Rico, United States
- Employees
- 2,700
- Industries
- Banking, Finance, Financial Services
- Status
- Public (MBWM)
- Website
- http://www.mercbank.com/
- Company page
Recent activity at Mercantile Bank
- : SEC 8-K (5.02): On September 24, 2026, Mercantile Bank Corporation's Board of Directors approved the Mercantile Bank Corporation/Mercantile Bank 2026-2027 Merger Integration and Core Conversion Bonus Plan, which allows for discretionary cash bonus awards to eligible employees, including executive officers, for their work on the integration of the merger with Eastern Michigan Bank and the conversion to Jack Henry's digital banking systems. The total bonus pool for this plan is $3,000,000, which signifies a strategic commitment to the successful merger and operational transition.
- : SEC 8-K (2.02): On July 21, 2026, Mercantile Bank Corporation announced its earnings and other financial results for the quarter ended June 30, 2026. The company issued a press release detailing these results, which is included as an exhibit in the 8-K filing. This announcement is pivotal as it provides insights into the company's financial performance and may affect its stock valuation and investor confidence. The earnings report includes key financial metrics such as revenue, net income, and year-over-year comparisons, which are critical for stakeholders' evaluations.
- : SEC 8-K (2.02): On April 21, 2026, Mercantile Bank Corporation announced its financial results for the quarter ended March 31, 2026, through a press release. This included details about their earnings performance which are crucial for shareholders and investors. The announcement is part of their ongoing communication strategy, reflecting the Company's financial condition and operational results. The presentation materials for the earnings call will also be utilized for discussions with potential investors and other stakeholders, highlighting the Company’s strategic outlook and operational performance.
Employee benefit plans
Mercantile Bank files 3 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
About Mercantile Bank: questions and answers
What does Mercantile Bank do?
Mercantile Bank Limited emerged as a new commercial bank to provide efficient banking services and to contribute socio-economic development of the country. The Bank commenced its operation on June 2, 1999.
Where is Mercantile Bank headquartered?
Mercantile Bank is headquartered in Grand Rapids, Puerto Rico, United States.
How many employees does Mercantile Bank have?
Mercantile Bank has about 2,700 employees.
What is the latest news on Mercantile Bank?
On Sep 25, 2026, SEC 8-K (5.02): On September 24, 2026, Mercantile Bank Corporation's Board of Directors approved the Mercantile Bank Corporation/Mercantile Bank 2026-2027 Merger Integration and Core Conversion Bonus Plan, which allows for discretionary cash bonus awards to eligible employees, including executive of
Is Mercantile Bank a public company?
Yes. Mercantile Bank is publicly traded under the ticker MBWM.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy