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Mercantile Bank

is a Michigan-based financial institution that provides personal and commercial banking products and services for individuals and businesses... Read more
OverviewCompetitorsAcquisitionsFundingInvestmentsNews & Insights

Mercantile Bank

is a Michigan-based financial institution that provides personal and commercial banking products and services for individuals and businesses... Read more
Mercantile Bank President & CEO: Raymond E. Reitsma

President & CEO

Raymond E. Reitsma

CEO Approval Rating

84/100

1997

PublicMerger Pending with Eastern Michigan Financial CorporationNASDAQMBWM

Banking, Financial Services and Insurance
Retail & Business Banking
61996162 NAICS listing

Annual Revenue
$253M
Employees
670
Funding
$90M
Acquisitions
1
Investments
2

News

Leadership Change
Jan 02, 2026
Marketscreener
Steve Schweihofer joined Mercantile Bank as Director
Acquisition
Dec 20, 2025
Crains Grand Rapids Business
Mercantile Bank acquired Eastern Michigan Financial Corporation for $95.8M

Mercantile Bank Competitors

1Isabella Bank
2University Bank
3Flagstar Bank
4Goldman Sachs
5U.S. Bank
Unlock 2 + competitors

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