NasdaqGS - Delayed Quote USD

Mercantile Bank Corporation (MBWM)

36.46 +0.39 (+1.08%)
At close: April 22 at 4:00 PM EDT
36.46 0.00 (0.00%)
After hours: April 22 at 4:01 PM EDT

Key Executives

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
NameTitlePayExercisedYear Born
Mr. Robert B. Kaminski Jr. President, CEO & Director 1.13M -- 1962
Mr. Charles E. Christmas Executive VP, CFO & Treasurer 626.37k -- 1966
Mr. Brett E. Hoover Executive VP & Chief Human Resource Officer 324.72k -- 1971
Mr. Raymond E. Reitsma Executive VP & Director 819.64k -- 1963
Mr. Scott P. Setlock Executive VP, COO & Secretary -- -- 1982
Mr. Mark S. Augustyn Chief Commercial Banking Officer of Mercantile Bank -- -- --
Mr. Jeff Kaiser Senior VP & Head of Risk Management Department -- -- --

Mercantile Bank Corporation

310 Leonard Street NW
Grand Rapids, MI 49504
United States
616 406 3000 https://www.mercbank.com
Industry: 
Banks - Regional
Full Time Employees: 
642

Description

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 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; 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 offers 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. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Corporate Governance

Mercantile Bank Corporation’s ISS Governance QualityScore as of April 1, 2024 is 4. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 6; Compensation: 4.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Recent Events

Upcoming Events

Jul 16, 2024 - Jul 22, 2024
Mercantile Bank Corporation Earnings Call

Jun 19, 2024

Dividend Date

Jun 06, 2024

Ex-Dividend Date

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