Mercantile Bank (MBWM) Daily Trading Update
Closing Performance
The Mercantile Bank stock closed down 0.32 % during the 24‑hour period ending 07:07 AM Central Europe on Wednesday, 21 March 2026.
The closing price is USD 59.04.
Trading Volume and Market Metrics
Shares traded in the last 24 hours total approximately USD 7.3 million.
Current trading volume reflects a supply of 17.3 million shares.
Market capitalization stands at USD 1 billion.
Since the end of the previous month, the stock has decreased 2.09 %.
The simple moving average over the last 200 days is USD 54.91.
The 52‑week high was USD 62.95 on 16 September 2026; the 52‑week low was USD 42.88 on 29 October 2025.
Peer Performance (24‑hour comparison)
| Stock | Symbol | 24‑hour change | Current price | Market cap |
|---|---|---|---|---|
| Ambiq Micro | AMBQ | –0.52 % | USD 50.98 | USD 1.2 bn |
| Lucid | LCID | –1.12 % | USD 3.27 | USD 1.2 bn |
| Pasqal | PSQL | +4.59 % | USD 5.87 | USD 1.2 bn |
| Sweetgreen | SG | +1.39 % | USD 10.67 | USD 1.2 bn |
| Innovage | INNV | +0.34 % | USD 9.15 | USD 1.2 bn |
Sweetgreen’s price‑to‑earnings ratio is 53.37.
Corporate Overview
Entity: Mercantile Bank Corporation, a holding company headquartered in Grand Rapids, West Michigan.
Operations: Provides commercial banking services to individuals, businesses, governmental bodies, and institutions through branches in Kent and Ottawa counties.
Website: www.mercbank.com
Listing: Nasdaq stock exchange under the ticker MBWM.
IPO: Conducted on 7 August 1997.
