MBWM
$59.04+1.06%
Mercantile Bank CorporationStock · FinancialsRussell 2000 · 0.03% of IWMNasdaq Composite · 0.005% of ONEQRussell 3000 · 0.001% of IWVUS Stock Market · 0.001% of VTI
Mercantile Bank Corporation monthly returns
Mercantile Bank Corporation has averaged 1.26% per month, positive in 52% of months. Month-by-month returns for Mercantile Bank Corporation (MBWM) below, through October 20, 2026 — the table lists the most recent months; the bar chart plots the last 5 years.
Average month
+1.3%
322 months
Best month
+63.5%
Nov 2010
Worst month
-37.6%
Dec 2008
Positive months
52%
of all months
Mercantile Bank Corporation monthly returns#
| Month | Path | Total return |
|---|---|---|
| Oct 2026 | +1.2% | |
| Sep 2026 | -1.8% | |
| Aug 2026 | -0.5% | |
| Jul 2026 | +4.6% | |
| Jun 2026 | +9.2% | |
| May 2026 | +3.3% | |
| Apr 2026 | +1.6% | |
| Mar 2026 | -1.5% | |
| Feb 2026 | -0.6% | |
| Jan 2026 | +8.1% | |
| Dec 2025 | +5.5% | |
| Nov 2025 | +4.9% | |
| Oct 2025 | -2.6% | |
| Sep 2025 | -7.9% | |
| Aug 2025 | +7.8% | |
| Jul 2025 | -1.6% | |
| Jun 2025 | +6.0% | |
| May 2025 | +4.4% | |
| Apr 2025 | -2.6% | |
| Mar 2025 | -9.2% | |
| Feb 2025 | -1.2% | |
| Jan 2025 | +9.7% | |
| Dec 2024 | -10.5% | |
| Nov 2024 | +16.8% | |
| Oct 2024 | -2.0% | |
| Sep 2024 | -4.1% | |
| Aug 2024 | -4.9% | |
| Jul 2024 | +19.2% | |
| Jun 2024 | +6.9% | |
| May 2024 | +6.2% | |
| Apr 2024 | -6.3% | |
| Mar 2024 | +4.5% | |
| Feb 2024 | -7.2% | |
| Jan 2024 | -0.7% | |
| Dec 2023 | +17.4% | |
| Nov 2023 | +5.4% | |
| Oct 2023 | +6.6% | |
| Sep 2023 | -7.4% | |
| Aug 2023 | -4.0% | |
| Jul 2023 | +27.2% | |
| Jun 2023 | +7.5% | |
| May 2023 | -7.2% | |
| Apr 2023 | -8.2% | |
| Mar 2023 | -10.7% | |
| Feb 2023 | +0.8% | |
| Jan 2023 | +2.5% | |
| Dec 2022 | -2.9% | |
| Nov 2022 | -0.4% | |
| Oct 2022 | +17.6% | |
| Sep 2022 | -9.3% | |
| Aug 2022 | -6.7% | |
| Jul 2022 | +10.9% | |
| Jun 2022 | -2.4% | |
| May 2022 | +5.3% | |
| Apr 2022 | -11.3% | |
| Mar 2022 | -3.1% | |
| Feb 2022 | -4.2% | |
| Jan 2022 | +9.8% | |
| Dec 2021 | +5.3% | |
| Nov 2021 | -2.3% | |
| Oct 2021 | +7.3% | |
| Sep 2021 | +3.7% | |
| Aug 2021 | -0.2% | |
| Jul 2021 | +3.5% | |
| Jun 2021 | -5.7% | |
| May 2021 | +0.1% | |
| Apr 2021 | -0.6% | |
| Mar 2021 | +12.1% | |
| Feb 2021 | +7.7% | |
| Jan 2021 | -0.1% | |
| Dec 2020 | +10.6% | |
| Nov 2020 | +13.6% | |
| Oct 2020 | +21.3% | |
| Sep 2020 | -16.4% | |
| Aug 2020 | +2.6% | |
| Jul 2020 | -5.8% | |
| Jun 2020 | -0.3% | |
| May 2020 | -2.8% | |
| Apr 2020 | +11.5% | |
| Mar 2020 | -25.5% | |
| Feb 2020 | -12.5% | |
| Jan 2020 | -10.1% | |
| Dec 2019 | +4.3% | |
| Nov 2019 | +0.1% | |
| Oct 2019 | +7.3% | |
| Sep 2019 | +7.5% | |
| Aug 2019 | -8.4% | |
| Jul 2019 | +3.1% | |
| Jun 2019 | +6.5% | |
| May 2019 | -8.7% | |
| Apr 2019 | +3.3% | |
| Mar 2019 | -4.8% | |
| Feb 2019 | +4.3% | |
| Jan 2019 | +17.5% | |
| Dec 2018 | -8.4% | |
| Nov 2018 | +0.6% | |
| Oct 2018 | -4.8% | |
| Sep 2018 | -5.1% | |
| Aug 2018 | -0.3% | |
| Jul 2018 | -3.9% | |
| Jun 2018 | +3.0% | |
| May 2018 | +2.3% | |
| Apr 2018 | +6.2% | |
| Mar 2018 | +1.1% | |
| Feb 2018 | -5.1% | |
| Jan 2018 | -1.4% | |
| Dec 2017 | -4.2% | |
| Nov 2017 | +2.8% | |
| Oct 2017 | +3.4% | |
| Sep 2017 | +15.6% | |
| Aug 2017 | -4.5% | |
| Jul 2017 | +1.1% | |
| Jun 2017 | +1.9% | |
| May 2017 | -7.6% | |
| Apr 2017 | -2.2% | |
| Mar 2017 | +3.4% | |
| Feb 2017 | +3.5% | |
| Jan 2017 | -14.3% | |
| Dec 2016 | +17.1% | |
| Nov 2016 | +19.2% |
Monthly total return (since Nov 2021)#
-20%-10%0%10%20%
Nov 2021-2.3%
Dec 2021+5.3%
Jan 2022+9.8%2022
Feb 2022-4.2%
Mar 2022-3.1%
Apr 2022-11%
May 2022+5.3%
Jun 2022-2.4%
Jul 2022+11%
Aug 2022-6.7%
Sep 2022-9.3%
Oct 2022+18%
Nov 2022-0.4%
Dec 2022-2.9%
Jan 2023+2.5%2023
Feb 2023+0.76%
Mar 2023-11%
Apr 2023-8.2%
May 2023-7.2%
Jun 2023+7.5%
Jul 2023+27%
Aug 2023-4.0%
Sep 2023-7.4%
Oct 2023+6.6%
Nov 2023+5.4%
Dec 2023+17%
Jan 2024-0.72%2024
Feb 2024-7.2%
Mar 2024+4.5%
Apr 2024-6.3%
May 2024+6.2%
Jun 2024+6.9%
Jul 2024+19%
Aug 2024-4.9%
Sep 2024-4.1%
Oct 2024-2.0%
Nov 2024+17%
Dec 2024-10%
Jan 2025+9.7%2025
Feb 2025-1.2%
Mar 2025-9.2%
Apr 2025-2.6%
May 2025+4.4%
Jun 2025+6.0%
Jul 2025-1.6%
Aug 2025+7.8%
Sep 2025-7.9%
Oct 2025-2.6%
Nov 2025+4.9%
Dec 2025+5.5%
Jan 2026+8.1%2026
Feb 2026-0.62%
Mar 2026-1.5%
Apr 2026+1.6%
May 2026+3.3%
Jun 2026+9.2%
Jul 2026+4.6%
Aug 2026-0.53%
Sep 2026-1.8%
Oct 2026+1.2%
Mercantile Bank Corporation returns by calendar month#
Every month of every year since 2000, one tick per year on a shared scale; the dark bar is the month's average. Total returns, dividends reinvested.
October 2026 so far: +1.23% — 15th of 27 Octobers since 2000 at the last close; the average October returned +2.2%.
| Month | −65%0+65% | Average | Median | Up | Best | Worst |
|---|---|---|---|---|---|---|
| Jan | +3.3% | +1.8% | 52% | +27.0% 2010 | -14.3% 2017 | |
| Feb | -0.3% | -0.6% | 48% | +17.9% 2012 | -15.5% 2009 | |
| Mar | -0.5% | +0.0% | 52% | +34.6% 2009 | -25.5% 2020 | |
| Apr | +1.4% | +1.3% | 52% | +50.4% 2010 | -27.7% 2009 | |
| May | -0.5% | -0.3% | 48% | +20.0% 2014 | -15.6% 2008 | |
| Jun | +1.7% | +1.9% | 56% | +26.6% 2012 | -14.6% 2008 | |
| Jul | +4.2% | +3.1% | 63% | +27.2% 2023 | -24.2% 2007 | |
| Aug | +0.1% | -0.3% | 44% | +16.6% 2009 | -14.7% 2011 | |
| Sep | -2.2% | -4.1% | 37% | +15.6% 2017 | -16.4% 2020 | |
| Oct | +2.2% | +1.7% | 62% | +21.3% 2020 | -15.0% 2009 | |
| Nov | +4.3% | +2.7% | 65% | +63.5% 2010 | -28.9% 2008 | |
| Dec | +1.4% | +0.9% | 50% | +20.6% 2010 | -37.6% 2008 |
Methodology#
Monthly returns are total returns (dividends reinvested), computed from MBWM's split- and dividend-adjusted month-end closes. The table shows the most recent 120 months and the bar chart the most recent 60. See the year-by-year returns for the annual view. Past performance does not predict future returns; not investment advice.
FAQ#
- What is Mercantile Bank Corporation's average monthly return?
- Mercantile Bank Corporation (MBWM) has averaged about 1.26% per month, positive in roughly 52% of months. The best month was Nov 2010 (+63.5%) and the worst was Dec 2008 (-37.6%).
More on Mercantile Bank Corporation
By month for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100