Mercantile Bank Corp
Mercantile Bank Corp (MBWM) Option Chain
As of September 25, 2026, Mercantile Bank Corp is trading at $60.03, a +0.86% change from the previous close. The nearest expiration is Oct 16, 2026. Implied volatility is 40.4%. IV Rank is 24%.
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Tracking the MBWM option chain helps you see every strike and expiry on Mercantile Bank Corp in one view, so you can quickly identify the contracts that fit your thesis and your risk. Mercantile Bank Corp's option chain lays out bids, asks, volume, open interest, and Greeks across calls and puts, giving you the full map of MBWM options activity at a glance. Use our scanner to monitor the MBWM option chain in real time and filter for the MBWM options trades that actually meet your criteria.
An option chain is the complete listing of all available option contracts on an underlying, organized by expiration date and strike price. For MBWM stock options, the chain shows side-by-side call and put data, making it easy to compare premiums, assess liquidity, and spot pricing dislocations. Reading the MBWM option chain effectively means looking beyond the last price — implied volatility by strike, volume-to-open-interest ratios, and bid-ask spreads all tell you where MBWM stock options are being actively traded and where they are not.
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner-occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans.
In addition, it provides courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 22 automated teller machines and 19 video banking machines. As of January 18, 2022, the company operated 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Credit spreads, long calls, iron condors, calendar trades — every strategy starts with the same raw material: a clean, complete option chain. Our scanner pulls Mercantile Bank Corp's full chain across every expiry, highlights the most liquid strikes, and lets you screen MBWM options by the metrics that matter, from IV skew to volume surges. Stop scrolling through endless rows of MBWM stock options — let the full option chain come to you, pre-filtered and ready to trade.
Stock Statistics
- IndustryBanks - Regional
- SectorFinancial
- IV percentile41.27% Neutral
- Market cap (M$)1,038
- 52 weeks high-4.64%
- 52 weeks low40.42%
- Analyst recommendationHold
2.50 - Target price$63.17
5.23% above the current stock price - Dividend—
- Payout ratio27.44%
- Earnings date2026-10-20
- P/E10.56
- Future P/E10.43
- EPS (ttm)5.68
- EPS growth next 5 years3.42%
As of September 25, 2026
| CALLs | PUTs | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Prob. OTM % | Open Interest | Volume | Extrinsic Value | Intrinsic Value | Bid | Ask | Strike | Moneyness % | Bid | Ask | Intrinsic Value | Extrinsic Value | Volume | Open Interest | Prob. OTM % |
| 3.02 | 0 | 0 | 0.42 | 10.03 | 8.40 | 12.50 | 50.00 | -16.71 | — | 2.20 | 0.00 | 2.20 | 0 | 0 | 96.98 |
| 18.77 | 0 | 0 | 0.22 | 5.03 | 3.00 | 7.50 | 55.00 | -8.38 | — | 2.85 | 0.00 | 2.85 | 0 | 0 | 81.23 |
| 50.75 | 1 | 0 | 2.52 | 0.03 | 0.20 | 4.90 | 60.00 | -0.05 | 0.05 | 4.90 | 0.00 | 2.48 | 0 | 0 | 49.25 |
| 80.28 | 0 | 0 | 4.80 | 0.00 | — | 4.80 | 65.00 | +8.28 | 3.20 | 6.30 | 4.97 | -0.22 | 0 | 1 | 19.72 |
| 94.77 | 0 | 0 | 4.80 | 0.00 | — | 4.80 | 70.00 | +16.61 | 8.00 | 12.00 | 9.97 | 0.03 | 0 | 0 | 5.23 |
As of September 25, 2026
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