MBWM - Mercantile Bank Corporation
Mercantile Bank Corporation serves as the parent holding company for Mercantile Bank of Michigan, providing a full spectrum of commercial and personal banking solutions to small and mid-sized businesses, as well as individual customers, across the United States. The institution facilitates a diverse range of deposit offerings, including checking, savings, term certificates, time deposits, and certificates of deposit (CDs). Its extensive lending portfolio encompasses commercial and industrial financing; loans for vacant land, property development, and new home construction; mortgages for both owner-occupied and investment real estate (such as multi-family and rental properties); single-family residential loans; home equity lines of credit (HELOCs); and various consumer loans, including funding for new and pre-owned vehicles, watercraft, credit cards, and overdraft protection, alongside residential mortgage and installment options.
As of Jun 30, 2026: spot at $57.24, ATM IV 43.1%, max pain $50.00, net GEX $3.7K.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Market Cap
- $986.2M
- P/E Ratio
- 10.71
- Beta
- 0.83
- 52-Week Range
- 42.75-57.41
- Dividend Yield
- $1.54
- CEO
- Raymond E. Reitsma
- Employees
- 662
- IPO Date
- Jul 20, 1999
- Exchange
- NASDAQ
What MBWM Looks Like to Options Traders Today
IV rank of 6.9% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($3.7K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.102) prices puts richer than calls, the typical equity downside-protection skew.
What This Page Covers
The MBWM overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.
Frequently asked MBWM overview questions
- What is MBWM?
- MBWM is the ticker symbol for Mercantile Bank Corporation, a listed security. Mercantile Bank Corporation serves as the parent holding company for Mercantile Bank of Michigan, providing a full spectrum of commercial and personal banking solutions to small and mid-sized businesses, as well as individual customers, across the United States. The institution facilitates a diverse range of deposit offerings, including checking, savings, term certificates, time deposits, and certificates of deposit (CDs). Listed on NASDAQ. MBWM is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What does the MBWM options snapshot look like today?
- As of Jun 30, 2026, the MBWM options snapshot shows spot at $57.24, ATM IV 43.1%, IV rank 6.9%, max pain $50.00, net GEX $3.7K, expected move 12.36%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are MBWM's key statistics?
- Mercantile Bank Corporation (MBWM) carries a market capitalization of $986.2M, trailing P/E ratio of 10.71, beta of 0.83 relative to the broader market, 52-week range of 42.75-57.41. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
- What sector or industry does MBWM belong to?
- Mercantile Bank Corporation operates in the Financial Services sector, in the Banks - Regional industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare MBWM's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the MBWM data on this page?
- The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).