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Mercantile Bank Corporation 3.25% 30-JAN-2032Mercantile Bank Corporation 3.25% 30-JAN-2032Mercantile Bank Corporation 3.25% 30-JAN-2032

Mercantile Bank Corporation 3.25% 30-JAN-2032

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MBWM5406981 analysis


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Key facts


Issuer
Mercantile Bank Corp.
Issue date
Apr 11, 2022
Maturity date
Jan 30, 2032
Outstanding amount
‪68.65 M‬ USD
Face value
1,000.00 USD
Minimum denomination
100,000.00 USD
Coupon
3.25% (Variable)
Yield to maturity
4.40%
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