Mercantile Bank Corp.
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:MBWM
Mercantile Bank Corp operates as a bank holding company. It provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 620 out of 1026
Universe
Global Universe 9262 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Mercantile Bank Corp. |
27.9
Medium
|
620 out of 1026 |
| Hanmi Financial Corp. |
28.8
Medium
|
687 out of 1026 |
| Northeast Bank (Maine) |
28.9
Medium
|
694 out of 1026 |
| Ujjivan Small Finance Bank Ltd. |
30.2
High
|
799 out of 1026 |
| Horizon Bancorp, Inc. (Indiana) |
30.3
High
|
804 out of 1026 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.