What Does Mercantile Bank Do?

Total employees376
HeadquartersGrand Rapids
Founded1999

Mercantile Bank Corporation (NASDAQ: MBWM) serves as the bank holding company for Mercantile Bank of Michigan. Established in 1997, the bank provides a wide array of commercial and retail banking services, including commercial loans, residential mortgages, retail banking, and trust and investment services. Mercantile Bank primarily focuses on serving small- to medium-sized businesses and individuals throughout Michigan, with a strong emphasis on community engagement and personalized customer relationships.

Where Is Mercantile Bank's Headquarters?

HQ Function

The headquarters serves as the primary administrative and operational center, overseeing strategic direction, corporate governance, risk management, centralized operations, and support for its statewide branch network.

Notable Features:

A modern banking facility designed to support efficient operations and a collaborative work environment. It likely includes contemporary office spaces, customer service areas, and secure operational zones.

Work Culture:

Mercantile Bank fosters a professional work culture centered on community banking principles, customer satisfaction, ethical conduct, and employee development. There is an emphasis on teamwork and local community involvement.

HQ Significance:

The Grand Rapids headquarters anchors the bank's presence in its home state, symbolizing its commitment to Michigan's economic development and serving as the command center for its financial services.

Values Reflected in HQ: The headquarters' operations and environment aim to reflect Mercantile Bank's core values of integrity, customer focus, community commitment, and financial prudence.

Location:

Mercantile Bank's operations are primarily concentrated within the state of Michigan, USA. It serves its local communities and businesses effectively. While it may facilitate international transactions for its domestic customers through correspondent banking relationships, it does not maintain its own international branches or a direct global operational footprint.

Street Address:

310 Leonard St NW

City:

Grand Rapids

State/Province:

Michigan

Country:

USA

Where Else Does Mercantile Bank Operate Around the World?

Lansing, Michigan, USA

Address: 6440 S Cedar St, Lansing, MI 48911

To extend Mercantile Bank's community-focused banking model to the state capital region, ensuring accessible financial services and building strong local customer relationships.

Multiple locations, Michigan, USA

Address: Various branch offices across Central and Western Michigan.

To provide widespread, convenient access to Mercantile Bank's financial products and services, reinforcing its commitment to being a leading community bank across its operational footprint in Michigan.

Buying Intent Signals for Mercantile Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Mercantile Bank? Meet the Executive Team

As of April 2025, Mercantile Bank' leadership includes:

Robert B. Kaminski, Jr. - President and Chief Executive Officer, Mercantile Bank Corporation
Charles E. Christmas - Executive Vice President and Chief Financial Officer, Mercantile Bank Corporation
Raymond E. Reitsma - Executive Vice President and Chief Operating Officer, Mercantile Bank Corporation and President of Mercantile Bank of Michigan
Scott P. Setlock - Executive Vice President and Chief Lending Officer, Mercantile Bank of Michigan
Lonna Wiersma - Executive Vice President, Chief Human Resources Officer, Mercantile Bank of Michigan

Who's Investing in Mercantile Bank?

Mercantile Bank has been backed by several prominent investors over the years, including:

BlackRock Inc.
Vanguard Group, Inc.
Dimensional Fund Advisors LP
FJ Capital Management LLC
State Street Corporation
AllianceBernstein L.P.
Geode Capital Management, LLC

What Leadership Changes Has Mercantile Bank Seen Recently?

Hire0
Exits0

No major new hires into or exits from the top corporate executive team (President, EVP level of the holding company) of Mercantile Bank Corporation have been prominently announced in public news channels over the last 12 months, indicating leadership stability. Significant changes are typically disclosed via official press releases or SEC filings.

What Technology (Tech Stack) Is Used byMercantile Bank?

Discover the tools Mercantile Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Mercantile Bank Email Formats and Examples

Mercantile Bank commonly utilizes an email format consisting of the employee's first initial followed by their last name, then '@mercbank.com'. While other formats might exist within the organization, this is a frequently observed pattern.

[first_initial][last]@mercbank.com

Format

jdoe@mercbank.com

Example

85%

Success rate

What's the Latest News About Mercantile Bank?

Grand Rapids Business JournalApril 1, 2024

Mercantile Bank names new mortgage sales manager

Mercantile Bank announced the appointment of Erick Larcinese as its new vice president and mortgage sales manager. Larcinese will lead the bank’s team of mortgage lenders and oversee the mortgage lending strategy....more

GlobeNewswireJanuary 16, 2024

Mercantile Bank Corporation Reports Fourth Quarter and Full-Year 2023 Results

Mercantile Bank Corporation (NASDAQ: MBWM) announced strong financial results for the fourth quarter and full-year 2023, citing robust loan growth, increased net interest income, and solid overall financial health. The bank highlighted its sound asset quality and commitment to its community banking model....more

GlobeNewswireJanuary 16, 2024

Mercantile Bank Corporation Declares Regular Cash Dividend

The Board of Directors of Mercantile Bank Corporation declared a quarterly cash dividend of $0.35 per common share. The dividend is payable on March 13, 2024, to shareholders of record as of March 1, 2024, reflecting the company's ongoing profitability and return of value to shareholders....more

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