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MERCANTILE BANK CORP

For the period ended Sep 30, 2025. Filed Oct 31, 2025.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Oct 31, 2025

MBWM$61.63+1.8%Stored close · as of Nov 9, 2026

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Item 1A. Risk Factors

When evaluating the risk of an investment in our common stock, potential investors should carefully consider the risk factors appearing in Part I, Item 1A, Risk Factors, of our Annual Report on Form 10-K for the year ended December 31, 2024.

On July 22, 2025, we announced that Mercantile Bank Corporation ("Mercantile") had entered into a definitive merger agreement (“Merger Agreement”) with Eastern Michigan Financial Corporation (“Eastern”) pursuant to which Mercantile will acquire Eastern in a stock and cash transaction (the “Merger”). Investors should also review the risk factors relating to the Merger appearing in Part II, Item 1A. of our Quarterly Report on Form 10-Q filed August 1, 2025.

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