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

Mercantile Bank's

Competitiveness




 

MBWM Sales vs. its Competitors Q1 2026



Comparing the current results to its competitors, Mercantile Bank reported Revenue increase in the 1 quarter 2026 by 25.82 % year on year.
The sales growth was above Mercantile Bank's competitors' average revenue growth of 10.84 %, achieved in the same quarter.

List of MBWM Competitors

With a net margin of 32.69 % Mercantile Bank achieved higher profitability than its competitors.

More on MBWM Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Mercantile Bank Corporation Net Income in the 1 quarter 2026 grew year on year by 16.11%, slower than its competitors' income growth of 17.56 %

<<  MBWM Stock Performance Comparisons


Mercantile Bank's Comment on Competition and Industry Peers


Eastern Michigan Bank operates in a competitive environment that includes numerous Michigan-based, national, and regional banks, savings banks, thrifts, credit unions, and other financial institutions, as well as entities offering financial services. Many competitors have longer operating histories, established customer bases, larger branch networks, higher lending limits, and greater capital resources. These factors may enable competitors to offer more favorable pricing and larger credit facilities. Some competitors are subject to different regulatory requirements. The competitive landscape is also shaped by federal and state banking laws, technological advancements, and market expansion.



  

Overall company Market Share Q1 2026

Due to strong revenue growth of 25.82 % in Overall company Mercantile Bank Corporation improved its market share, to approximately 0.03 %.


<<  More on MBWM Market Share.
 
*Market share is calculated based on total revenue.





Publicly Traded Peers of Mercantile Bank Corporation




The Bancorp Inc
Share Performance



-15.31%
One Year



The Bancorp Inc
Profile

The Bancorp Inc operates as a financial holding company that provides banking and related services through its wholly-owned subsidiary, The Bancorp Bank. It primarily focuses on offering customized private-label banking and technology solutions for non-bank companies and provides a range of financial products and services to individual and commercial customers.

More about The Bancorp Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,740.977 mill. $ 531.357 mill. $ 231.109 mill.


Qcr Holdings inc
Share Performance



-0.53%
Over The Past 5 Days



Qcr Holdings inc
Profile

QCR Holdings Inc's business model involves providing a range of financial products and services to individuals and businesses through its subsidiary banks.

More about Qcr Holdings inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,647.951 mill. $ 379.236 mill. $ 142.012 mill.


Penns Woods Bancorp inc
Share Performance



+0.64%
This Year



Penns Woods Bancorp inc
Profile

Penns Woods Bancorp Inc operates as a bank holding company primarily engaged in providing commercial banking and financial services. The company focuses on delivering personalized banking solutions to individuals and businesses in its local market, while also striving to maintain strong customer relationships through exceptional service.

More about Penns Woods Bancorp inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 231.861 mill. $ 73.984 mill. $ 21.298 mill.


Pacific Premier Bancorp Inc
Share Performance



+0.78%
Over The Past 5 Days



Pacific Premier Bancorp Inc
Profile

Pacific Premier Bancorp Inc operates as the holding company for Pacific Premier Bank. Its business model revolves around providing various banking services to businesses, professionals, entrepreneurs, and individuals in target markets. The company aims to drive long-term profitability by offering innovative financial solutions, delivering exceptional customer service, and maintaining a strong core deposit base.

More about Pacific Premier Bancorp Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,329.802 mill. $ 589.548 mill. $ 137.954 mill.


Pnc Financial Services Group Inc
Share Performance



-2.71%
Over The Past 5 Days



Pnc Financial Services Group Inc
Profile

PNC Financial Services Group Inc operates as a diversified financial services company, offering an array of banking, investment, and asset management services to both individuals and businesses. The companys business model emphasizes a combination of physical branch locations and advanced digital banking platforms to provide tailored financial solutions that address the specific needs of their customers. By integrating technology with traditional banking services, PNC seeks to enhance customer experience and drive growth across its various financial service offerings.

More about Pnc Financial Services Group Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 96,183.450 mill. $ 23,812.000 mill. $ 7,270.000 mill.

177 more competitors 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: publicly traded companies.
For your research, we’ve provided 10 tables on Mercantile Bank Corporation versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
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