Mercantile Bank Corp (MBWM) returns
Mercantile Bank returns over 10 years
$1,000 invested in Mercantile Bank ten years ago was worth $3,119 at the close on October 30, 2026, with dividends reinvested: an average return of 12.0% a year. The same $1,000 in the S&P 500 (SPY) became $4,166.
Total return by period
| Period | Total return | A year, on average | $1,000 became | S&P 500 (SPY) |
|---|---|---|---|---|
| 1 month | +2.6% | — | $1,026 | -0.9% |
| 3 months | +0.8% | — | $1,008 | +2.1% |
| Year to date | +27.0% | — | $1,270 | +11.7% |
| 1 year | +40.6% | — | $1,406 | +12.4% |
| 3 years | +101.8% | +26.4% | $2,018 | +88.5% |
| 5 years | +107.4% | +15.7% | $2,074 | +76.0% |
| 10 years | +211.9% | +12.0% | $3,119 | +316.6% |
Mercantile Bank return by calendar year
| Year | MBWM | S&P 500 (SPY) | Difference |
|---|---|---|---|
| 2026 to date | +27.0% | +11.7% | +15.4% |
| 2025 | +11.7% | +17.7% | -6.1% |
| 2024 | +14.0% | +24.9% | -10.8% |
| 2023 | +25.8% | +26.2% | -0.4% |
| 2022 | -0.9% | -18.2% | +17.3% |
| 2021 | +33.7% | +28.7% | +5.0% |
| 2020 | -22.0% | +18.4% | -40.4% |
| 2019 | +33.3% | +31.2% | +2.1% |
| 2018 | -17.9% | -4.6% | -13.3% |
| 2017 | -4.0% | +21.7% | -25.7% |
| 2016 | +59.7% | +12.0% | +47.7% |
Past returns do not predict future returns. Returns are computed from our daily closes, adjusted for splits and with dividends reinvested on their ex-dates; taxes and trading costs are left out.
See also: MBWM valuation
No forecast, no recommendation. This page describes Mercantile Bank Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.