MBWM Insider Trading

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Insider Trading History
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About

Insider Ownership Percentage: 3.08%

Insider Buying (Last 12 Months): $11,069.94

Insider Selling (Last 12 Months): $1,405,287.50

Mercantile Bank Insider Trading History Chart

Mercantile Bank Share Price & Price History

^$38.53

▼ -0.3 (-0.77%)

As of 04/11/2025 05:00 PM ET

Days: 30 | 90 | 365

Mercantile Bank Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
4/2/2025	Robert B Kaminski	Director	Sell	250	$43.14	$10,785.00	78,236
3/3/2025	Robert B Kaminski	Director	Sell	250	$48.11	$12,027.50	78,486
2/11/2025	Robert B Kaminski	Director	Sell	1,000	$50.22	$50,220.00	11,810
2/3/2025	Robert B Kaminski	Director	Sell	250	$47.05	$11,762.50	86,730
1/31/2025	Shoran R Williams	Director	Buy	123	$49.28	$6,061.44	4,147
1/27/2025	Robert B Kaminski	Director	Sell	3,000	$50.16	$150,480.00	13,810
1/24/2025	Robert B Kaminski	Director	Sell	3,000	$49.14	$147,420.00	16,810
12/2/2024	Robert B Kaminski	Director	Sell	250	$49.60	$12,400.00	87,230
11/25/2024	Robert B Kaminski	Director	Sell	5,800	$51.75	$300,150.00	19,810
11/14/2024	Robert B Kaminski	Director	Sell	4,000	$49.51	$198,040.00	25,610
11/4/2024	Robert B Kaminski	Director	Sell	250	$42.51	$10,627.50	94,480
10/2/2024	Robert B Kaminski	Director	Sell	250	$41.77	$10,442.50	94,730
8/26/2024	Michael H Price	Director	Sell	5,000	$45.57	$227,850.00	21,556
8/2/2024	Robert B Kaminski	Director	Sell	250	$43.66	$10,915.00	95,230
7/22/2024	Robert B Kaminski	Director	Sell	2,000	$48.01	$96,020.00	29,610
7/19/2024	Robert B Kaminski	Director	Sell	3,000	$48.73	$146,190.00	31,610
7/2/2024	Robert B Kaminski	Director	Sell	250	$39.83	$9,957.50	95,480
6/6/2024	Nelson F Sanchez	Director	Buy	135	$37.10	$5,008.50	620
3/11/2024	Nelson F Sanchez	Director	Buy	100	$36.51	$3,651.00	1,265
7/26/2023	Michael H Price	Director	Sell	4,000	$34.29	$137,160.00	30,080
4/21/2023	David B Ramaker	Director	Buy	3,000	$28.98	$86,940.00	10,394
1/20/2023	David B Ramaker	Director	Buy	1,500	$33.33	$49,995.00	7,394
8/18/2022	David B Ramaker	Director	Buy	3,000	$36.58	$109,740.00	5,894

See Full Table

SEC Filings (Institutional Ownership Changes) for Mercantile Bank (NASDAQ:MBWM)

58.63% of Mercantile Bank stock is owned by institutions. Institutional ownership can be a sign of analyst confidence in the fundamentals of the stock.

Institutional Buying and Selling by Quarter

Mercantile Bank Institutional Trading History

Reporting Date	Hedge Fund	Shares Held	Market Value	% of Portfolio	Quarterly Change in Shares	Ownership in Company
4/10/2025	Hennion & Walsh Asset Management Inc.	12,446	$0.54M	0.0%	+22.3%	0.077%
4/8/2025	Rhumbline Advisers	24,272	$1.05M	0.0%	-4.5%	0.150%
4/7/2025	GAMMA Investing LLC	22,589	$0.98M	0.0%	+12,808.0%	0.139%
2/19/2025	North Star Asset Management Inc.	359,445	$15.99M	0.7%	-0.9%	2.226%
2/17/2025	UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	28,506	$1.27M	0.0%	+62.6%	0.177%
2/17/2025	Squarepoint Ops LLC	4,737	$0.21M	0.0%	N/A	0.029%
2/17/2025	Two Sigma Advisers LP	12,684	$0.56M	0.0%	-9.3%	0.079%
2/17/2025	Two Sigma Investments LP	30,845	$1.37M	0.0%	+14.1%	0.191%
2/17/2025	Rafferty Asset Management LLC	11,120	$0.50M	0.0%	-17.4%	0.069%
2/17/2025	Point72 Asia Singapore Pte. Ltd.	788	$35K	0.0%	N/A	0.005%
2/17/2025	Point72 Asset Management L.P.	2,300	$0.10M	0.0%	N/A	0.014%
2/17/2025	ProShare Advisors LLC	156,681	$6.97M	0.0%	-5.3%	0.970%
2/17/2025	Nuveen Asset Management LLC	44,936	$2M	0.0%	+12.6%	0.278%
2/17/2025	Millennium Management LLC	132,777	$5.91M	0.0%	+54.0%	0.822%
2/17/2025	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	8,978	$0.40M	0.0%	+3.6%	0.056%
2/17/2025	Lazard Asset Management LLC	12,439	$0.55M	0.0%	+24.1%	0.077%
2/17/2025	Jacobs Levy Equity Management Inc.	13,695	$0.61M	0.0%	-20.7%	0.085%
2/17/2025	Deutsche Bank AG	16,622	$0.74M	0.0%	+48.7%	0.103%
2/17/2025	EP Wealth Advisors LLC	4,501	$0.20M	0.0%	N/A	0.028%
2/17/2025	Cubist Systematic Strategies LLC	4,884	$0.22M	0.0%	N/A	0.030%
2/17/2025	Bridgeway Capital Management LLC	102,776	$4.57M	0.1%	+2.7%	0.636%
2/17/2025	Bank of America Corp DE	39,259	$1.75M	0.0%	+5.5%	0.243%
2/17/2025	BNP Paribas Financial Markets	5,451	$0.24M	0.0%	-26.4%	0.034%
2/17/2025	Ameriprise Financial Inc.	45,748	$2.04M	0.0%	+88.9%	0.283%
2/14/2025	Mercer Global Advisors Inc. ADV	105,385	$4.69M	0.0%	-6.2%	0.653%
2/14/2025	Jane Street Group LLC	13,180	$0.59M	0.0%	-55.5%	0.082%
2/14/2025	Comerica Bank	5,988	$0.27M	0.0%	-4.6%	0.037%
2/14/2025	Northern Trust Corp	190,490	$8.48M	0.0%	+5.8%	1.180%
2/14/2025	The Manufacturers Life Insurance Company	5,384	$0.24M	0.0%	-6.7%	0.033%
2/14/2025	Tudor Investment Corp ET AL	47,163	$2.10M	0.0%	+34.0%	0.292%
2/14/2025	Aquatic Capital Management LLC	2,207	$98K	0.0%	-11.7%	0.014%
2/14/2025	Susquehanna Fundamental Investments LLC	10,107	$0.45M	0.0%	N/A	0.063%
2/14/2025	Voya Investment Management LLC	9,337	$0.42M	0.0%	-5.7%	0.058%
2/14/2025	Price T Rowe Associates Inc. MD	6,133	$0.27M	0.0%	+19.4%	0.038%
2/14/2025	Hsbc Holdings PLC	8,570	$0.38M	0.0%	+16.3%	0.053%
2/14/2025	Tower Research Capital LLC TRC	1,138	$51K	0.0%	-46.4%	0.007%
2/14/2025	Dimensional Fund Advisors LP	1,106,960	$49.25M	0.0%	-2.7%	6.854%
2/14/2025	Banc Funds Co. LLC	244,452	$10.88M	1.2%	-20.1%	1.514%
2/13/2025	Zacks Investment Management	6,933	$0.31M	0.0%	-4.4%	0.043%
2/13/2025	Barclays PLC	39,878	$1.77M	0.0%	+20.9%	0.247%
2/13/2025	Sterling Capital Management LLC	9,345	$0.42M	0.0%	+5.0%	0.058%
2/13/2025	LSV Asset Management	286,710	$12.76M	0.0%	+3.6%	1.775%
2/13/2025	Raymond James Financial Inc.	31,278	$1.39M	0.0%	N/A	0.194%
2/13/2025	Renaissance Technologies LLC	510,813	$22.73M	0.0%	-6.0%	3.163%
2/13/2025	Legal & General Group Plc	15,566	$0.69M	0.0%	-4.8%	0.096%
2/13/2025	Invesco Ltd.	40,289	$1.79M	0.0%	+4.3%	0.249%
2/13/2025	Shakespeare Wealth Management LLC	12,568	$0.56M	0.2%	-8.6%	0.078%
2/13/2025	Federated Hermes Inc.	7,851	$0.35M	0.0%	+28.9%	0.049%
2/13/2025	Russell Investments Group Ltd.	5,967	$0.27M	0.0%	-56.2%	0.037%
2/13/2025	Envestnet Asset Management Inc.	57,157	$2.54M	0.0%	+40.9%	0.354%
2/13/2025	Wells Fargo & Company MN	44,802	$1.99M	0.0%	+32.7%	0.277%
2/12/2025	Pitcairn Co.	6,639	$0.30M	0.0%	+7.5%	0.041%
2/12/2025	Brandywine Global Investment Management LLC	38,657	$1.72M	0.0%	-4.7%	0.239%
2/12/2025	Arrowstreet Capital Limited Partnership	70,043	$3.12M	0.0%	+6.2%	0.434%
2/12/2025	JPMorgan Chase & Co.	122,532	$5.45M	0.0%	+48.8%	0.759%
2/11/2025	Corebridge Financial Inc.	7,842	$0.35M	0.0%	-7.0%	0.049%
2/11/2025	Vanguard Group Inc.	869,777	$38.70M	0.0%	+0.3%	5.386%
2/11/2025	LPL Financial LLC	10,841	$0.48M	0.0%	+17.6%	0.067%
2/11/2025	KLP Kapitalforvaltning AS	3,000	$0.13M	0.0%	N/A	0.019%
2/11/2025	Intellus Advisors LLC	5,466	$0.24M	0.0%	N/A	0.034%
2/11/2025	Sei Investments Co.	4,507	$0.20M	0.0%	N/A	0.028%
2/11/2025	American Century Companies Inc.	389,948	$17.35M	0.0%	+8.2%	2.415%
2/11/2025	Quantbot Technologies LP	2,328	$0.10M	0.0%	+14.6%	0.014%
2/11/2025	Teacher Retirement System of Texas	30,521	$1.36M	0.0%	+17.6%	0.189%
2/10/2025	Thrivent Financial for Lutherans	28,900	$1.29M	0.0%	-29.2%	0.179%
2/10/2025	Picton Mahoney Asset Management	653	$29K	0.0%	N/A	0.004%
2/10/2025	Connor Clark & Lunn Investment Management Ltd.	45,869	$2.04M	0.0%	+46.5%	0.284%
2/7/2025	AlphaQuest LLC	8,200	$0.37M	0.0%	+12,712.5%	0.051%
2/6/2025	Inceptionr LLC	5,676	$0.25M	0.1%	N/A	0.035%
2/6/2025	Raymond James Financial Inc.	31,278	$1.39M	0.0%	N/A	0.194%
2/6/2025	Victory Capital Management Inc.	17,550	$0.78M	0.0%	+2.4%	0.109%
2/6/2025	Charles Schwab Investment Management Inc.	189,962	$8.45M	0.0%	-3.2%	1.176%
2/5/2025	Bailard Inc.	14,801	$0.66M	0.0%	N/A	0.092%
2/5/2025	US Bancorp DE	5,939	$0.26M	0.0%	+11.2%	0.037%
2/4/2025	Los Angeles Capital Management LLC	20,436	$0.91M	0.0%	-5.0%	0.127%
2/4/2025	Bank of New York Mellon Corp	95,306	$4.24M	0.0%	-13.9%	0.590%
1/31/2025	Principal Financial Group Inc.	9,335	$0.42M	0.0%	+8.4%	0.058%
1/30/2025	Rhumbline Advisers	25,419	$1.13M	0.0%	+6.0%	0.157%
1/28/2025	Empowered Funds LLC	55,476	$2.47M	0.0%	+5.0%	0.344%
1/24/2025	Trust Point Inc.	5,685	$0.25M	0.0%	-51.1%	0.035%
1/23/2025	EMC Capital Management	1,877	$84K	0.0%	-80.4%	0.012%
1/21/2025	Tributary Capital Management LLC	287,487	$12.79M	1.0%	+16.2%	1.781%
1/17/2025	Inspire Investing LLC	9,013	$0.40M	0.0%	-4.1%	0.056%
1/17/2025	Janney Montgomery Scott LLC	11,864	$0.53M	0.0%	+3.8%	0.073%
1/16/2025	LaFleur & Godfrey LLC	35,283	$1.57M	0.2%	-0.8%	0.218%
1/15/2025	Wedge Capital Management L L P NC	14,046	$0.63M	0.0%	-3.4%	0.087%
1/15/2025	Hennion & Walsh Asset Management Inc.	10,173	$0.45M	0.0%	-25.8%	0.063%
1/14/2025	Assenagon Asset Management S.A.	81,942	$3.65M	0.0%	N/A	0.508%
12/26/2024	JPMorgan Chase & Co.	82,357	$3.60M	0.0%	+35.1%	0.510%
12/19/2024	Principal Financial Group Inc.	8,611	$0.38M	0.0%	+3.7%	0.053%
11/27/2024	Franklin Resources Inc.	10,123	$0.44M	0.0%	+12.9%	0.063%
11/19/2024	Barclays PLC	32,981	$1.44M	0.0%	+99.2%	0.204%
11/16/2024	Geode Capital Management LLC	376,979	$16.48M	0.0%	+3.9%	2.336%
11/15/2024	Barclays PLC	32,981	$1.44M	0.0%	+99.2%	0.204%
11/15/2024	Y Intercept Hong Kong Ltd	4,614	$0.20M	0.0%	N/A	0.029%
11/15/2024	First National Bank of Omaha	7,286	$0.32M	0.0%	-3.3%	0.045%
11/15/2024	Jane Street Group LLC	29,622	$1.30M	0.0%	+119.3%	0.184%
11/15/2024	State Street Corp	438,524	$19.17M	0.0%	-3.0%	2.717%
11/15/2024	Hotchkis & Wiley Capital Management LLC	75,720	$3.31M	0.0%	+0.5%	0.469%
11/15/2024	Banc Funds Co. LLC	305,847	$13.37M	1.5%	-9.3%	1.895%

Data available starting January 2016

See Full Table

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 provides 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 offers 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. The company was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Today's Range

Now: $38.53

$37.76

$38.91

50 Day Range

MA: $45.31

$38.53

$51.79

52 Week Range

Now: $38.53

$33.46

$52.98

Volume

40,369 shs

Average Volume

66,625 shs

Market Capitalization

$625.38 million

P/E Ratio

7.78

Dividend Yield

3.75%

Beta

0.86

Who are the company insiders with the largest holdings of Mercantile Bank?: Mercantile Bank's top insider investors include:
Robert B Kaminski (Director)
Michael H Price (Director)
David B Ramaker (Director)
Shoran R Williams (Director)
Nelson F Sanchez (Director)
Learn More about top insider investors at Mercantile Bank.
Who are the major institutional investors of Mercantile Bank?: Mercantile Bank's top institutional shareholders include:
Rhumbline Advisers — 0.15%
GAMMA Investing LLC — 0.14%
Hennion & Walsh Asset Management Inc. — 0.08%
Learn More about top institutional investors of Mercantile Bank stock.
Which major investors are selling Mercantile Bank stock?: During the last quarter, MBWM stock was sold by these institutional investors:
Rhumbline Advisers
Within the last year, company insiders that have sold Mercantile Bank company stock include:
Robert B Kaminski (Director)
Michael H Price (Director)
Learn More investors selling Mercantile Bank stock.
Which major investors are buying Mercantile Bank stock?: In the previous quarter, MBWM stock was acquired by institutional investors including:
GAMMA Investing LLC
Hennion & Walsh Asset Management Inc.
Within the last year, these company insiders have bought Mercantile Bank stock:
Robert B Kaminski (Director)
Michael H Price (Director)
David B Ramaker (Director)
Learn More investors buying Mercantile Bank stock.