MBWM – Dividend Returns, History & Calculator

Dividend Contender 13 Years

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company accepts various deposit products, s

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Company Info

Symbol MBWM
Company Mercantile Bank Corporation
Sector Financial Services
Industry Banks - Regional
Website Visit
Market Cap $791.9M

Price Data

Price $48.72
Price Change -0.31
Price Change % -0.63%
Next Earnings Report Jan 20, 2026
Low (52W) $37.76
High (52W) $51.89

Dividend Data

Div Yield 3.12%
5Y Avg Yield 3.96%
Current Div $0.380
Payouts/Year 4
Annualized $1.520
Previous Div $0.380
Ex-date Dec 5, 2025
Dividend Pay Date Dec 17, 2025

Growth Rates

Chowder Number 9.1
DGR 1Y 5.6%
DGR 3Y 6.0%
DGR 5Y 6.0%
DGR 10Y 10.0%

Total Returns

TTR 1Y - With Specials 15.8%
TTR 3Y - With Specials 18.6%
TTR 1Y - No Specials 15.8%
TTR 3Y - No Specials 18.6%

Fair Value

Fair Value (P/E 10) $33.86
FV (P/E 10) % 44.0%
Fair Value (Peter Lynch) $131.75
FV (Peter Lynch) % -63.0%
Fair Value (Blended) $34.31
FV (Blended) % 42.0%

Financial Metrics

Revenue 1Y 2.6%
NPM 35.8%
CF/Share $4.44
ROE 13.8%
Debt/Capital 38.0%
ROTC 8.0%
P/E 9.2x
P/BV 1.2x
📊 Financial data last updated: December 29, 2025 1:20 pm (Data may be stale)

Calculate your MBWM Dividend Returns

Quickly and easily calculate MBWM dividend yield using our MBWM calculator. Adjust the fields below to see how your MBWM investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,000200$50.00$1.028.16%8.16%$904$904242$12,104
2$12,709242$52.50$1.078.16%8.57%$1,132$2,035286$15,041
3$15,793286$55.13$1.128.16%9.00%$1,391$3,427333$18,384
4$19,303333$57.88$1.188.16%9.45%$1,686$5,113383$22,189
5$23,299383$60.78$1.248.16%9.92%$2,023$7,136436$26,522
6$27,848436$63.81$1.308.16%10.41%$2,405$9,541493$31,453
7$33,026493$67.00$1.378.16%10.94%$2,841$12,382553$37,066
8$38,920553$70.36$1.448.16%11.48%$3,337$15,719618$43,457
9$45,629618$73.87$1.518.16%12.06%$3,901$19,620687$50,731
10$53,267687$77.57$1.588.16%12.66%$4,544$24,164761$59,011

MBWM Dividend History

Invest in MBWM with Interactive Brokers

MBWM 10-yr Total Return ($10,000 invested)

This chart compares the 10-year total return performance of MBWM with and without dividend reinvestment (DRIP). The analysis demonstrates how reinvesting dividends can significantly enhance long-term investment returns through the power of compounding, showing the difference between collecting dividends as cash versus automatically purchasing additional shares.

With DRIP No DRIP

Projected Future Returns & Dividends for MBWM

Based on past 10-year performance, here are MBWM growth metrics:

Share price CAGR of +9.25%
Dividend CAGR of +10.41%

Using MBWM CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

MBWM (DRIP)MBWM (No DRIP)
Current Price$46.42$46.42
Start Shares215.42215.42
Start Value$10,000$10,000
After 10 years:
Final Share Count303.04215.42
Dividends Payment$4.09$4.09
Annual Dividends$1,196$881
Yield on cost11.96%8.81%
Share Price$112.41$112.41
Total Dividends$7,051$5,875
Final Value$34,065$30,091

Estimated Future Value + Dividends – MBWM

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

MBWM Dividend History

Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

MBWM Price

Price to Earnings

This chart displays MBWM price to earnings data over time, helping analyze the company’s financial performance and operational trends.

Price to Sales

This chart displays MBWM price to sales data over time, helping analyze the company’s financial performance and operational trends.

Revenue

This chart displays MBWM revenue data over time, helping analyze the company’s financial performance and operational trends.

Net Income

This chart displays MBWM net income data over time, helping analyze the company’s financial performance and operational trends.

Revenue vs Net Income

This chart displays MBWM revenue vs net income data over time, helping analyze the company’s financial performance and operational trends.

Gross Profit

This chart displays MBWM gross profit data over time, helping analyze the company’s financial performance and operational trends.

Operating Income

This chart displays MBWM operating income data over time, helping analyze the company’s financial performance and operational trends.

EBITDA

This chart displays MBWM ebitda data over time, helping analyze the company’s financial performance and operational trends.

Operating Cash Flow

This chart displays MBWM operating cash flow data over time, helping analyze the company’s financial performance and operational trends.

Free Cash Flow

This chart displays MBWM free cash flow data over time, helping analyze the company’s financial performance and operational trends.

Free Cash Flow / Share

This chart displays MBWM free cash flow / share data over time, helping analyze the company’s financial performance and operational trends.

Earnings Per Share (EPS)

This chart displays MBWM earnings per share (eps) data over time, helping analyze the company’s financial performance and operational trends.

Return on Equity (ROE)

This chart displays MBWM return on equity (roe) data over time, helping analyze the company’s financial performance and operational trends.

Return on Assets (ROA)

This chart displays MBWM return on assets (roa) data over time, helping analyze the company’s financial performance and operational trends.

Net Profit Margin

This chart displays MBWM net profit margin data over time, helping analyze the company’s financial performance and operational trends.

Gross Profit Margin

This chart displays MBWM gross profit margin data over time, helping analyze the company’s financial performance and operational trends.

Cash & Debt

This chart displays MBWM cash & debt data over time, helping analyze the company’s financial performance and operational trends.

Shares Outstanding

This chart displays MBWM shares outstanding data over time, helping analyze the company’s financial performance and operational trends.

Stock-Based Comp

This chart displays MBWM stock-based comp data over time, helping analyze the company’s financial performance and operational trends.

FCF vs Stock Based Comp

This chart displays MBWM fcf vs stock based comp data over time, helping analyze the company’s financial performance and operational trends.

FCF vs FCF / Share

This chart displays MBWM fcf vs fcf / share data over time, helping analyze the company’s financial performance and operational trends.

Revenue: Actual + Estimates

This chart displays MBWM revenue: actual + estimates data over time, helping analyze the company’s financial performance and operational trends.

EPS: Actual + Estimates

This chart displays MBWM eps: actual + estimates data over time, helping analyze the company’s financial performance and operational trends.

Net Income: Actual + Estimates

This chart displays MBWM net income: actual + estimates data over time, helping analyze the company’s financial performance and operational trends.

EBITDA: Actual + Estimates

This chart displays MBWM ebitda: actual + estimates data over time, helping analyze the company’s financial performance and operational trends.

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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