MBWM Insider Trading

Insider Ownership Percentage: 3.08%
Insider Buying (Last 12 Months): $8,659.50
Insider Selling (Last 12 Months): $1,022,592.50

Mercantile Bank Insider Trading History Chart

This chart shows the insider buying and selling history at Mercantile Bank by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Mercantile Bank Share Price & Price History

Current Price: $45.43
Price Change: Price Increase of +0.56 (1.25%)
As of 12/20/2024 06:16 PM ET

This chart shows the closing price history over time for MBWM up to the past year.

Skip Chart and Table DataPrice Data in Insider Trading History Table
Days: 30 | 90 | 365

Mercantile Bank Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/2/2024Robert B KaminskiDirectorSell250$49.60$12,400.0087,230View SEC Filing Icon  
11/25/2024Robert B KaminskiDirectorSell5,800$51.75$300,150.0019,810View SEC Filing Icon  
11/14/2024Robert B KaminskiDirectorSell4,000$49.51$198,040.0025,610View SEC Filing Icon  
11/4/2024Robert B KaminskiDirectorSell250$42.51$10,627.5094,480View SEC Filing Icon  
10/2/2024Robert B KaminskiDirectorSell250$41.77$10,442.5094,730View SEC Filing Icon  
8/26/2024Michael H PriceDirectorSell5,000$45.57$227,850.0021,556View SEC Filing Icon  
8/2/2024Robert B KaminskiDirectorSell250$43.66$10,915.0095,230View SEC Filing Icon  
7/22/2024Robert B KaminskiDirectorSell2,000$48.01$96,020.0029,610View SEC Filing Icon  
7/19/2024Robert B KaminskiDirectorSell3,000$48.73$146,190.0031,610View SEC Filing Icon  
7/2/2024Robert B KaminskiDirectorSell250$39.83$9,957.5095,480View SEC Filing Icon  
6/6/2024Nelson F SanchezDirectorBuy135$37.10$5,008.50620View SEC Filing Icon  
3/11/2024Nelson F SanchezDirectorBuy100$36.51$3,651.001,265View SEC Filing Icon  
7/26/2023Michael H PriceDirectorSell4,000$34.29$137,160.0030,080View SEC Filing Icon  
4/21/2023David B RamakerDirectorBuy3,000$28.98$86,940.0010,394View SEC Filing Icon  
1/20/2023David B RamakerDirectorBuy1,500$33.33$49,995.007,394View SEC Filing Icon  
8/18/2022David B RamakerDirectorBuy3,000$36.58$109,740.005,894View SEC Filing Icon  
1/26/2022Lonna WiersmaDirectorSell2,000$39.60$79,200.00View SEC Filing Icon  
1/24/2022Lonna WiersmaDirectorSell2,214$38.42$85,061.88View SEC Filing Icon  
1/21/2022Robert T. WorthingtonSVPSell3,000$38.11$114,330.00View SEC Filing Icon  
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

This chart shows the instiutional buying and selling at MBWM by year and by quarter.

Skip Institutional Buying and Selling Chart and Table DataRead Chart Data in Institutional Trading History Table

Mercantile Bank Institutional Trading History

Reporting DateHedge FundShares HeldMarket Value% of PortfolioQuarterly Change in SharesOwnership in CompanyDetails
12/19/2024Principal Financial Group Inc.8,611$0.38M0.0%+3.7%0.053%Search for SEC Filing on Google Icon
11/27/2024Franklin Resources Inc.10,123$0.44M0.0%+12.9%0.063%Search for SEC Filing on Google Icon
11/19/2024Barclays PLC32,981$1.44M0.0%+99.2%0.204%Search for SEC Filing on Google Icon
11/16/2024Geode Capital Management LLC376,979$16.48M0.0%+3.9%2.336%Search for SEC Filing on Google Icon
11/15/2024Barclays PLC32,981$1.44M0.0%+99.2%0.204%Search for SEC Filing on Google Icon
11/15/2024Y Intercept Hong Kong Ltd4,614$0.20M0.0%N/A0.029%Search for SEC Filing on Google Icon
11/15/2024First National Bank of Omaha7,286$0.32M0.0%-3.3%0.045%Search for SEC Filing on Google Icon
11/15/2024Jane Street Group LLC29,622$1.30M0.0%+119.3%0.184%Search for SEC Filing on Google Icon
11/15/2024State Street Corp438,524$19.17M0.0%-3.0%2.717%Search for SEC Filing on Google Icon
11/15/2024Hotchkis & Wiley Capital Management LLC75,720$3.31M0.0%+0.5%0.469%Search for SEC Filing on Google Icon
11/15/2024Banc Funds Co. LLC305,847$13.37M1.5%-9.3%1.895%Search for SEC Filing on Google Icon
11/14/2024UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC17,527$0.77M0.0%-29.1%0.109%Search for SEC Filing on Google Icon
11/14/2024De Lisle Partners LLP55,310$2.42M0.4%+46.9%0.343%Search for SEC Filing on Google Icon
11/13/2024BNP Paribas Financial Markets7,402$0.32M0.0%+77.6%0.046%Search for SEC Filing on Google Icon
11/13/2024FMR LLC13,356$0.58M0.0%+95.7%0.083%Search for SEC Filing on Google Icon
11/13/2024Quantbot Technologies LP2,031$89K0.0%N/A0.013%Search for SEC Filing on Google Icon
11/13/2024The Manufacturers Life Insurance Company5,770$0.25M0.0%-4.0%0.036%Search for SEC Filing on Google Icon
11/12/2024Pitcairn Co.6,176$0.27M0.0%-8.3%0.038%Search for SEC Filing on Google Icon
11/12/2024Cerity Partners LLC21,451$0.94M0.0%+132.9%0.133%Search for SEC Filing on Google Icon
11/12/2024Charles Schwab Investment Management Inc.196,324$8.58M0.0%+4.5%1.216%Search for SEC Filing on Google Icon
11/8/2024Connor Clark & Lunn Investment Management Ltd.31,301$1.37M0.0%+83.7%0.194%Search for SEC Filing on Google Icon
11/8/2024Segall Bryant & Hamill LLC110,482$4.83M0.1%-11.6%0.685%Search for SEC Filing on Google Icon
11/7/2024Pathstone Holdings LLC31,754$1.39M0.0%-0.8%0.197%Search for SEC Filing on Google Icon
11/7/2024Thrivent Financial for Lutherans40,807$1.78M0.0%+1.7%0.253%Search for SEC Filing on Google Icon
11/6/2024Empowered Funds LLC52,817$2.31M0.0%+5.3%0.327%Search for SEC Filing on Google Icon
11/6/2024Cornercap Investment Counsel Inc.14,206$0.62M0.2%-51.3%0.088%Search for SEC Filing on Google Icon
11/5/2024GSA Capital Partners LLP9,123$0.40M0.0%-36.1%0.057%Search for SEC Filing on Google Icon
10/31/2024Principal Financial Group Inc.8,611$0.38M0.0%+3.7%0.053%Search for SEC Filing on Google Icon
10/24/2024Semanteon Capital Management LP5,751$0.25M0.2%+10.1%0.036%Search for SEC Filing on Google Icon
10/24/2024Tributary Capital Management LLC247,432$10.82M0.8%-0.4%1.535%Search for SEC Filing on Google Icon
10/23/2024Hennion & Walsh Asset Management Inc.13,709$0.60M0.0%-3.4%0.085%Search for SEC Filing on Google Icon
10/19/2024Allspring Global Investments Holdings LLC4,346$0.19M0.0%-41.2%0.027%Search for SEC Filing on Google Icon
10/17/2024Trust Point Inc.11,636$0.51M0.0%+15.1%0.072%Search for SEC Filing on Google Icon
10/16/2024626 Financial LLC4,876$0.21M0.1%N/A0.030%Search for SEC Filing on Google Icon
10/11/2024Creative Planning18,907$0.83M0.0%+29.8%0.117%Search for SEC Filing on Google Icon
10/11/2024Wedge Capital Management L L P NC14,537$0.64M0.0%-17.3%0.090%Search for SEC Filing on Google Icon
10/10/2024Inspire Investing LLC9,403$0.41M0.0%-68.5%0.058%Search for SEC Filing on Google Icon
10/8/2024CWM LLC3,249$0.14M0.0%+16.1%0.020%Search for SEC Filing on Google Icon
10/8/2024Dynamic Advisor Solutions LLC5,342$0.23M0.0%-8.6%0.033%Search for SEC Filing on Google Icon
10/3/2024SG Americas Securities LLC12,216$0.53M0.0%+32.5%0.076%Search for SEC Filing on Google Icon
9/30/2024Mattson Financial Services LLC685$28K0.0%N/A0.004%Search for SEC Filing on Google Icon
8/16/2024Creative Planning14,571$0.59M0.0%+22.2%0.090%Search for SEC Filing on Google Icon
8/15/2024Oliver Lagore Vanvalin Investment Group1,842$75K0.0%-13.2%0.011%Search for SEC Filing on Google Icon
8/15/2024Susquehanna Fundamental Investments LLC9,967$0.40M0.0%N/A0.062%Search for SEC Filing on Google Icon
8/15/2024AQR Capital Management LLC174,355$7.07M0.0%+108.7%1.082%Search for SEC Filing on Google Icon
8/13/2024Thrivent Financial for Lutherans40,140$1.63M0.0%+12.5%0.249%Search for SEC Filing on Google Icon
8/12/2024Inspire Investing LLC29,820$1.21M0.1%+218.8%0.185%Search for SEC Filing on Google Icon
8/9/2024Renaissance Technologies LLC530,913$21.54M0.0%+1.5%3.293%Search for SEC Filing on Google Icon
8/9/2024Dimensional Fund Advisors LP1,148,421$46.59M0.0%-1.2%7.124%Search for SEC Filing on Google Icon
8/8/2024Envestnet Asset Management Inc.43,421$1.76M0.0%-1.9%0.269%Search for SEC Filing on Google Icon
8/8/2024Federated Hermes Inc.5,611$0.23M0.0%+17.2%0.035%Search for SEC Filing on Google Icon
8/8/2024Cornercap Investment Counsel Inc.29,191$1.18M0.2%-0.9%0.181%Search for SEC Filing on Google Icon
8/8/2024American Century Companies Inc.308,849$12.53M0.0%+18.2%1.916%Search for SEC Filing on Google Icon
8/7/2024ClariVest Asset Management LLC24,250$0.98M0.1%+3.4%0.150%Search for SEC Filing on Google Icon
8/6/2024Quest Partners LLC658$27K0.0%-71.3%0.004%Search for SEC Filing on Google Icon
8/6/2024LSV Asset Management260,129$10.55M0.0%+15.4%1.614%Search for SEC Filing on Google Icon
8/6/2024Los Angeles Capital Management LLC21,316$0.87M0.0%-11.9%0.132%Search for SEC Filing on Google Icon
8/6/2024North Star Asset Management Inc.363,806$14.76M0.7%+0.7%2.257%Search for SEC Filing on Google Icon
8/5/2024Victory Capital Management Inc.17,140$0.70M0.0%-2.3%0.106%Search for SEC Filing on Google Icon
8/1/2024Rhumbline Advisers25,321$1.03M0.0%+2.7%0.157%Search for SEC Filing on Google Icon
7/29/2024Principal Financial Group Inc.8,307$0.34M0.0%+8.1%0.052%Search for SEC Filing on Google Icon
7/26/2024Allspring Global Investments Holdings LLC7,397$0.30M0.0%+58.7%0.046%Search for SEC Filing on Google Icon
7/26/2024Bank of New York Mellon Corp120,689$4.90M0.0%+2.8%0.749%Search for SEC Filing on Google Icon
7/25/2024Tributary Capital Management LLC248,480$10.08M0.8%+0.3%1.541%Search for SEC Filing on Google Icon
7/23/2024LaFleur & Godfrey LLC35,565$1.44M0.2%-0.8%0.221%Search for SEC Filing on Google Icon
7/22/2024Fifth Third Bancorp755$31K0.0%-47.9%0.005%Search for SEC Filing on Google Icon
7/20/2024Hennion & Walsh Asset Management Inc.14,197$0.58M0.0%+33.3%0.088%Search for SEC Filing on Google Icon
7/18/2024Gradient Investments LLC685$28K0.0%N/A0.004%Search for SEC Filing on Google Icon
7/18/2024Assenagon Asset Management S.A.46,551$1.89M0.0%-33.2%0.289%Search for SEC Filing on Google Icon
7/12/2024SG Americas Securities LLC9,220$0.37M0.0%N/A0.057%Search for SEC Filing on Google Icon
7/10/2024CWM LLC2,799$0.11M0.0%+242.6%0.017%Search for SEC Filing on Google Icon
5/20/2024EMC Capital Management1,877$72K0.0%N/A0.012%Search for SEC Filing on Google Icon
5/17/2024Comerica Bank6,294$0.24M0.0%+215.2%0.039%Search for SEC Filing on Google Icon
5/16/2024California State Teachers Retirement System15,989$0.62M0.0%-5.0%0.099%Search for SEC Filing on Google Icon
5/14/2024Stieven Capital Advisors L.P.96,196$3.70M0.8%-49.1%0.597%Search for SEC Filing on Google Icon
5/14/2024Pitcairn Co.6,193$0.24M0.0%-5.2%0.038%Search for SEC Filing on Google Icon
5/13/2024Shakespeare Wealth Management LLC16,824$0.65M0.2%-14.9%0.104%Search for SEC Filing on Google Icon
5/11/2024Hillsdale Investment Management Inc.79,046$3.04M0.2%+8.5%0.490%Search for SEC Filing on Google Icon
5/10/2024Acadian Asset Management LLC4,158$0.16M0.0%-94.1%0.026%Search for SEC Filing on Google Icon
5/10/2024Vanguard Group Inc.805,334$31M0.0%+2.8%4.996%Search for SEC Filing on Google Icon
5/8/2024Russell Investments Group Ltd.19,485$0.75M0.0%+49.7%0.121%Search for SEC Filing on Google Icon
5/8/2024Inspire Investing LLC9,355$0.36M0.0%N/A0.058%Search for SEC Filing on Google Icon
5/7/2024Empowered Funds LLC46,537$1.79M0.0%+8.1%0.289%Search for SEC Filing on Google Icon
5/6/2024LSV Asset Management225,404$8.68M0.0%+6.0%1.398%Search for SEC Filing on Google Icon
5/1/2024Janney Montgomery Scott LLC11,751$0.45M0.0%N/A0.073%Search for SEC Filing on Google Icon
5/1/2024BNP Paribas Financial Markets8,445$0.33M0.0%+95.6%0.052%Search for SEC Filing on Google Icon
4/30/2024Allspring Global Investments Holdings LLC4,660$0.18M0.0%+9.2%0.029%Search for SEC Filing on Google Icon
4/29/2024Principal Financial Group Inc.7,687$0.30M0.0%N/A0.048%Search for SEC Filing on Google Icon
4/24/2024Assenagon Asset Management S.A.69,641$2.68M0.0%-1.6%0.432%Search for SEC Filing on Google Icon
4/23/2024LaFleur & Godfrey LLC35,858$1.38M0.2%-3.5%0.222%Search for SEC Filing on Google Icon
4/23/2024Fifth Third Bancorp1,449$56K0.0%-32.4%0.009%Search for SEC Filing on Google Icon
4/19/2024Denali Advisors LLC17,000$0.65M0.2%+126.7%0.105%Search for SEC Filing on Google Icon
4/18/2024Allspring Global Investments Holdings LLC4,660$0.18M0.0%+9.2%0.029%Search for SEC Filing on Google Icon
4/18/2024Tributary Capital Management LLC247,727$9.54M0.8%-20.9%1.537%Search for SEC Filing on Google Icon
4/17/2024Hennion & Walsh Asset Management Inc.10,653$0.41M0.0%+16.7%0.066%Search for SEC Filing on Google Icon
3/22/2024PNC Financial Services Group Inc.6,438$0.26M0.0%-11.2%0.040%Search for SEC Filing on Google Icon
2/20/2024Voisard Asset Management Group Inc.944$38K0.0%N/A0.006%Search for SEC Filing on Google Icon
2/13/2024Banc Funds Co. LLC471,558$19.04M1.9%-4.4%2.944%Search for SEC Filing on Google Icon
2/13/2024First National Bank of Omaha12,302$0.50M0.0%-3.7%0.077%Search for SEC Filing on Google Icon
2/13/2024Tower Research Capital LLC TRC1,772$72K0.0%+104.1%0.011%Search for SEC Filing on Google Icon
Data available starting January 2016

See Full Table
Mercantile Bank logo
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.
Read More on Mercantile Bank

Today's Range

Now: $45.43
Low: $44.06
High: $46.41

50 Day Range

MA: $47.54
Low: $42.64
High: $51.16

52 Week Range

Now: $45.43
Low: $33.46
High: $52.98

Volume

137,370 shs

Average Volume

69,138 shs

Market Capitalization

$733.33 million

P/E Ratio

9.12

Dividend Yield

3.19%

Beta

0.99

Who are the company insiders with the largest holdings of Mercantile Bank?

Mercantile Bank's top insider investors include:
  1. Robert B Kaminski (Director)
  2. Michael H Price (Director)
  3. David B Ramaker (Director)
  4. 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:
  1. State Street Corp — 2.72%
  2. Geode Capital Management LLC — 2.34%
  3. Banc Funds Co. LLC — 1.89%
  4. Tributary Capital Management LLC — 1.53%
  5. Charles Schwab Investment Management Inc. — 1.22%
  6. Segall Bryant & Hamill LLC — 0.68%
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:
  1. Banc Funds Co. LLC
  2. Inspire Investing LLC
  3. Cornercap Investment Counsel Inc.
  4. Segall Bryant & Hamill LLC
  5. State Street Corp
  6. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC
  7. GSA Capital Partners LLP
  8. Allspring Global Investments Holdings LLC
Within the last year, company insiders that have sold Mercantile Bank company stock include:
  1. Robert B Kaminski (Director)
  2. 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:
  1. De Lisle Partners LLP
  2. Barclays PLC
  3. Barclays PLC
  4. Jane Street Group LLC
  5. Connor Clark & Lunn Investment Management Ltd.
  6. Geode Capital Management LLC
  7. Cerity Partners LLC
  8. Charles Schwab Investment Management Inc.
Within the last year, these company insiders have bought Mercantile Bank stock:
  1. Robert B Kaminski (Director)
  2. Michael H Price (Director)
Learn More investors buying Mercantile Bank stock.