CSIMarket
 
Mercantile Bank Corporation  (NASDAQ: MBWM)
    Sector • Financial    Industry • Regional Banks
   Industry • Regional Banks
   Sector • Financial
 

Mercantile Bank's Customers Performance

MBWM



 
MBWM's Source of Revenues Mercantile Bank's Corporate Customers have recorded an advance in their cost of revenue by 6.82 % in the 3 quarter 2026 year on year, sequentially costs of revenue grew by 57.04 %. During the corresponding time, Mercantile Bank Corporation recorded a revenue increase by 16.58 % year on year, sequentially revenue grew by 2.76 %. While revenue at the Mercantile Bank Corporation's corporate clients recorded rose by 40.01 % year on year, sequentially revenue grew by 59.26 %.

• List of MBWM Customers




Mercantile Bank's Customers have recorded an advance in their cost of revenue by 6.82 % in the 3 quarter 2026 year on year, sequentially costs of revenue grew by 57.04 %, for the same period Mercantile Bank Corporation recorded revenue increase by 16.58 % year on year, sequentially revenue grew by 2.76 %.

• List of MBWM Customers

Mercantile Bank's Business Units
Service Charges on Deposit and Sweep Accounts    10.86 % of total Revenue
Credit and Debit Card    11.61 % of total Revenue
Payroll Processing    3.86 % of total Revenue
Customer Service    1.2 % of total Revenue




   
Customers Net Income fell in Q3 by Customers Net margin fell to %
-45.09 % 3.02 %
Customers Net Income fell in Q3 by -45.09 %


Customers Net margin fell to 3.02 % 3.02 %



Mercantile Bank's Customers, Q3 2026 Revenue Growth By Industry
Customers in Construction Services Industry      40.01 %
     
• Customers Valuation • Customers Mgmt. Effect.


Mercantile Bank's Comment on Sales, Marketing and Customers



Our bank is a state banking company that operates under the laws of the State of Michigan, pursuant to a charter issued by the Michigan Office of Financial and Insurance Regulation. Our bank’s deposits are insured to the maximum extent permitted by law by the Federal Deposit Insurance Corporation (“FDIC”). Our bank, through its 48 office locations, provides commercial banking services primarily to small- to medium-sized businesses and retail banking services in and around the West and Central portions of Michigan. Our bank’s main office is located in Grand Rapids, with branch office locations in Alma, Belding, Cadillac, Canadian Lakes, Clare, Comstock Park, DeWitt, Fairview, Grand Rapids, Hale, Hastings, Holland, Howard City, Ionia, Ithaca, Kalamazoo, Kentwood, Lakeview, Lansing, Lowell, Merrill, Mt. Pleasant, Paw Paw, Portage, Remus, Rose City, Shepherd, St. Charles, St. Helen, St. Johns, Vestaburg, West Branch, and Wyoming.





Mercantile Bank’s Comment on Sales, Marketing and Customers


Our bank is a state banking company that operates under the laws of the State of Michigan, pursuant to a charter issued by the Michigan Office of Financial and Insurance Regulation. Our bank’s deposits are insured to the maximum extent permitted by law by the Federal Deposit Insurance Corporation (“FDIC”). Our bank, through its 48 office locations, provides commercial banking services primarily to small- to medium-sized businesses and retail banking services in and around the West and Central portions of Michigan. Our bank’s main office is located in Grand Rapids, with branch office locations in Alma, Belding, Cadillac, Canadian Lakes, Clare, Comstock Park, DeWitt, Fairview, Grand Rapids, Hale, Hastings, Holland, Howard City, Ionia, Ithaca, Kalamazoo, Kentwood, Lakeview, Lansing, Lowell, Merrill, Mt. Pleasant, Paw Paw, Portage, Remus, Rose City, Shepherd, St. Charles, St. Helen, St. Johns, Vestaburg, West Branch, and Wyoming.








MBWM's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Mercantile Bank Corporation 1,047.02 275.22 95.52 786
Arch Capital Group Ltd 37,419.26 19,232.00 4,692.00 8,000
Sekisui House U s Inc 0.00 8,201.63 68.11 2,169
Mi Homes Inc 3,414.89 4,207.34 277.42 1,801
Mgic Investment Corp 6,033.03 1,195.62 707.85 542
Meritage Homes Corporation 4,431.89 1,048.72 297.75 1,860
SUBTOTAL 474,122.42 378,162.89 39,369.71 195,606
21 more clients available

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Sources: Mercantile Bank Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Mercantile Bank Corporation’s corporate clients.
For your research, we’ve provided 9 tables on Mercantile Bank Corporation corporate clients.
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