Mercantile Bank Corporation (MBWM) Insider Trading Activity

NASDAQ$53.92
Market Cap
$926.4M
Sector
Financial Services
Industry
Banks—Regional
Rank in Sector
191 of 637
Rank in Industry
86 of 283

MBWM Insider Trading Activity

MBWM Median Price and Trade Amounts History Chart

Statistics of Insider Transactions

Amount of Insider Buys and Sells

Buys
$204,975
9
64
Sells
$248,055
5
36

Related Transactions

Sanchez Nelson Fdirector
6
$100,457
1
$4,731
$95,726
RAMAKER DAVID Bdirector
1
$70,065
0
$0
$70,065
MacDonald Richard Ddirector
1
$24,996
0
$0
$24,996
Williams Shoran Rdirector
1
$9,457
0
$0
$9,457
KAMINSKI ROBERT Bdirector
0
$0
3
$33,525
$-33,525
PRICE MICHAEL Hdirector
0
$0
1
$209,799
$-209,799

About Mercantile Bank Corporation

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.

Insider Activity of Mercantile Bank Corporation

Over the last 12 months, insiders at Mercantile Bank Corporation have bought $204,975 and sold $248,055 worth of Mercantile Bank Corporation stock.

On average, over the past 5 years, insiders at Mercantile Bank Corporation have bought $123,194 and sold $720,574 worth of stock each year.

Highest buying activity among insiders over the last 12 months: Sanchez Nelson F (director) — $100,457. RAMAKER DAVID B (director) — $70,065. MacDonald Richard D (director) — $24,996.

The last purchase of 1,000 shares for transaction amount of $43,500 was made by Sanchez Nelson F (director) on 2025‑10‑31.

List of Insider Buy and Sell Transactions, Mercantile Bank Corporation

2025-11-13SalePRICE MICHAEL Hdirector
4,577
0.0283%
$45.84
$209,799
+8.70%
2025-10-31PurchaseSanchez Nelson Fdirector
1,000
0.0061%
$43.50
$43,500
+12.09%
2025-08-18PurchaseRAMAKER DAVID Bdirector
1,500
0.0092%
$46.71
$70,065
+2.49%
2025-07-29PurchaseWilliams Shoran Rdirector
200
0.0012%
$47.28
$9,457
-0.19%
2025-05-02SaleKAMINSKI ROBERT Bdirector
250
0.0015%
$42.85
$10,712
+8.24%
2025-04-02SaleKAMINSKI ROBERT Bdirector
250
0.0015%
$43.14
$10,785
+6.42%
2025-03-03SaleKAMINSKI ROBERT Bdirector
250
0.0016%
$48.11
$12,028
-3.00%
2025-02-26SaleSanchez Nelson Fdirector
100
0.0006%
$47.31
$4,731
-1.31%
2025-02-26PurchaseSanchez Nelson Fdirector
212
0.0013%
$47.00
$9,964
-1.31%
2025-02-20PurchaseSanchez Nelson Fdirector
393
0.0024%
$47.75
$18,768
-3.48%
2025-02-20PurchaseSanchez Nelson Fdirector
200
0.0012%
$48.00
$9,600
-3.48%
2025-02-19PurchaseSanchez Nelson Fdirector
191
0.0012%
$48.00
$9,168
-3.88%
2025-02-19PurchaseMacDonald Richard Ddirector
511
0.0032%
$48.92
$24,996
-3.88%
2025-02-18PurchaseSanchez Nelson Fdirector
195
0.0012%
$48.50
$9,458
-4.65%
2025-02-11SaleKAMINSKI ROBERT Bdirector
1,000
0.0063%
$50.22
$50,220
-9.65%
2025-02-06SaleKAMINSKI ROBERT Bdirector
1,000
0.0063%
$49.82
$49,820
-7.04%
2025-02-05SalePRICE MICHAEL Hdirector
6,372
0.0393%
$48.41
$308,495
-5.09%
2025-02-04PurchaseSanchez Nelson Fdirector
189
0.0012%
$47.50
$8,978
-3.86%
2025-02-03SaleKAMINSKI ROBERT Bdirector
250
0.0015%
$47.05
$11,763
-2.01%
2025-02-03PurchaseSanchez Nelson Fdirector
187
0.0011%
$47.89
$8,955
-2.01%
Total: 272
*Gray background shows transactions not older than one year

Insider Historical Profitability

<0.0001%
KAMINSKI ROBERT Bdirector
77986
0.4539%
$4.21M121
<0.0001%
RAMAKER DAVID Bdirector
15014
0.0874%
$809,554.8840
+4.8%
PRICE MICHAEL Hdirector
11898
0.0693%
$641,540.16417
<0.0001%
Williams Shoran Rdirector
5266
0.0306%
$283,942.7220
<0.0001%
Sanchez Nelson Fdirector
3502
0.0204%
$188,827.84141
+22.9%
MacDonald Richard Ddirector
1725
0.01%
$93,012.0010
SECOND CURVE CAPITAL LLC10 percent owner
855995
4.9822%
$46.16M212
<0.0001%
HECHT DAVID Mdirector
88018
0.5123%
$4.75M10
+8.43%
GILL C JOHNdirector
41545
0.2418%
$2.24M30
<0.0001%
MURDOCK CALVIN Ddirector
25287
0.1472%
$1.36M11
+5.16%
GRANT EDWARD Bdirector
19043
0.1108%
$1.03M03
CASSARD DAVID Mdirector
16785
0.0977%
$905,047.20151
+9.7%
SULLIVAN THOMAS Rdirector
15947
0.0928%
$859,862.24021
Faas Michael Ddirector
11700
0.0681%
$630,864.0020
+30.4%
Schad Timothy Odirector
11025
0.0642%
$594,468.0060
<0.0001%
LARSEN LAWRENCE Wdirector
9067
0.0528%
$488,892.6451
<0.0001%
Worthington Robert T.SVP, CRO, SECRETARY, AND GC
8815
0.0513%
$475,304.8014
+5.08%
HAYES DOYLE Adirector
7875
0.0458%
$424,620.00261
<0.0001%
Prins Merle Jdirector
7312
0.0426%
$394,263.0472
<0.0001%
JONES SUSAN Kdirector
6851
0.0399%
$369,405.9291
<0.0001%
Eldridge Michelle Larabeedirector
6750
0.0393%
$363,960.0010
+16.36%
GARDNER JEFF Adirector
6000
0.0349%
$323,520.0001
BURTON BETTY Sdirector
3850
0.0224%
$207,592.00103
<0.0001%
WILLIAMS DONALD SRdirector
2787
0.0162%
$150,275.04100
<0.0001%
STONE SAMUEL GEXECUTIVE VICE PRESIDENT
2367
0.0138%
$127,628.6401
Posthumus Richard Earldirector
2000
0.0116%
$107,840.0010
+93.85%
Donnelly John Fdirector
1200
0.007%
$64,704.0010
+12.99%
Agerson Kirkdirector
1205
0.007%
$64,973.6040
+19.72%
CLARK EDWARD Jdirector
385
0.0022%
$20,759.20251
+9.08%
CHRISTMAS CHARLES ESenior V.P. & CFO
300
0.0017%
$16,176.0040
<0.0001%
VISSER DALE Jdirector
0
0%
$0141
+0.45%
Wiersma LonnaSVP, HUMAN RESOURCES DIRECTOR
0
0%
$005
*Gray background shows insiders who have made transactions during last year

Historical Insider Profitability vs. Competitors

$12,926,693
286
-13.94%
$913.85M
$7,387,157
197
5.56%
$994.94M
$116,280,814
185
8.45%
$874.85M
$8,234,609
176
9.80%
$1.02B
Mercantile Bank Corporation
(MBWM)
$11,830,893
161
-0.68%
$926.4M
$5,489,212
139
6.13%
$847.63M
$4,180,050
123
6.10%
$863.29M
$6,409,455
95
3.95%
$1B
$3,099,672
79
6.63%
$993.38M
$12,559,547
72
16.10%
$866.59M
$6,416,659
70
8.57%
$912.47M
$4,155,829
70
13.98%
$880.76M
$3,606,087
66
16.24%
$933.04M
$5,544,138
60
13.29%
$922.43M
$1,979,858
46
10.84%
$953.84M
$17,046,545
45
26.44%
$959.88M
$2,555,033
30
19.73%
$941.42M
$8,219,089
23
7.52%
$961.63M
$299,226
7
25.17%
$837.17M

MBWM Institutional Investors: Active Positions

Increased Positions95+43.58%744,478+7.16%
Decreased Positions92-42.2%524,452-5.04%
New Positions24New130,789New
Sold Out Positions15Sold Out111,567Sold Out
Total Postitions221+1.38%11M+2.11%

MBWM Ownership Change vs Market

Institutional Investor Ownership

Top Shareholders
Top Buyers
Top Sellers
New Shareholders
Sold-Out Shareholders
Active Shareholders
Blackrock, Inc.$68,181.008.95%1.43M-75,356-5%2025-09-30
Dimensional Fund Advisors Lp$49,912.006.55%1.05M-14,416-1.36%2025-09-30
Vanguard Group Inc$49,465.006.49%1.04M-394-0.04%2025-09-30
Tributary Capital Management, Llc$23,681.003.11%497,402+239,193+92.64%2025-09-30
American Century Companies Inc$23,537.003.09%494,367+41,540+9.17%2025-09-30
Renaissance Technologies Llc$23,349.003.07%490,413+5,100+1.05%2025-09-30
State Street Corp$22,411.002.94%470,722+41,138+9.58%2025-09-30
Geode Capital Management, Llc$19,625.002.58%412,198+6,335+1.56%2025-09-30
North Star Asset Management Inc$16,918.002.22%355,340-1,198-0.34%2025-09-30
Lsv Asset Management$14,297.001.88%300,286-17,900-5.63%2025-09-30

Financial Ratios

Summary
Comparison with Competitors

Price to Earnings

Price/Earnings to Growth

Price to Sales

Price to Book

Price/Free Cash Flow

Analyst Recommendations

Analyst Price Targets

Prismo does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. Prismo does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.