MBWM - Mercantile Bank Corporation
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 offers 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.
As of May 15, 2026: spot at $50.10, ATM IV 40.5%, net GEX $2.2K.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Market Cap
- $874.1M
- P/E Ratio
- 9.49
- Beta
- 0.83
- 52-Week Range
- 42.17-55.77
- Dividend Yield
- $1.52
- CEO
- Raymond E. Reitsma
- Employees
- 662
- IPO Date
- Jul 20, 1999
- Exchange
- NASDAQ
What MBWM Looks Like to Options Traders Today
IV rank of 6.3% 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 ($2.2K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.158) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
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 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. 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 May 15, 2026, the MBWM options snapshot shows spot at $50.10, ATM IV 40.5%, IV rank 6.3%, net GEX $2.2K, expected move 11.61%. 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 $874.1M, trailing P/E ratio of 9.49, beta of 0.83 relative to the broader market, 52-week range of 42.17-55.77. 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 May 15, 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).