Mercantile Bank Corporation (MBWM)
Trading disclosure
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Learn moreKey Executives
| Name | Title | Pay | Exercised | Year Born |
|---|---|---|---|---|
|
Mr. Raymond E. Reitsma
|
President, CEO & Director | 1.3M | -- | 1963 |
|
Mr. Charles E. Christmas
|
Executive VP, CFO & Treasurer | 701.94k | -- | 1966 |
|
Mr. Scott P. Setlock
|
Executive VP, COO & Secretary | 540.22k | -- | 1982 |
|
Mr. Brett E. Hoover
|
Executive VP & Chief Human Resource Officer | 440.61k | -- | 1971 |
|
Mr. Mark S. Augustyn
|
Executive VP & Chief Commercial Banking Officer of the Mercantile Bank | 684.54k | -- | 1968 |
|
Sonali D. Allen
|
Senior VP and Chief Compliance & Community Development Officer of Mercantile Bank | -- | -- | -- |
|
Mr. Jeff Kaiser
|
Senior VP & Head of Risk Management Department | -- | -- | -- |
|
Mr. Douglas J. Holtrop
|
Executive VP & Senior Lending Officer of Mercantile Bank | -- | -- | -- |
|
Ms. Tara M. Randall
|
Executive VP & Chief Experience Officer of Mercantile Bank | -- | -- | -- |
|
Mr. Justin M. Karl
|
Executive VP & Senior Lending Officer of Mercantile Bank | -- | -- | -- |
Mercantile Bank Corporation
- Sector:
- Financial Services
- Industry: Banks - Regional
- Full Time Employees:
- 812
Description
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.
Corporate Governance
Upcoming Events
December 4, 2026 at 12:00 AM UTC
Ex-Dividend Date
December 16, 2026 at 12:00 AM UTC
Dividend Date
January 19, 2027 at 1:30 PM UTC
Mercantile Bank Corporation Earnings Date
