Mercantile Bank Corp

MBWM
As of the close on Sep 25, 2026
Price
$60.03
Market cap
—
The latest share count on file is too old
P/E (diluted TTM)
10.6
EPS (TTM)
$5.69
Four quarters to Jun 30, 2026
Dividend yield
—
Dividend records do not yet cover the latest payments

Figures shown here come from public SEC filings. Dates beside each section show the available history.

How Mercantile Bank Corp Makes Money

No flow chart is shown because the available revenue and expense lines do not reconcile exactly. The reported financial history below remains available.

Financial Summary

Choose a year or quarter, compare it with the same period a year earlier, and open any row for its full filing history.

Loading financial history…

SEC filings supply these figures; updates after the dates shown are not included. This page includes 17 annual periods. The latest annual period ends Dec 31, 2025. The latest insider filing shown is dated May 27, 2026. The latest institutional report shown is dated Mar 31, 2026; other ownership filings may exist.

Ownership

Who holds the shares, as reported in SEC ownership filings.

Reported 13F positions

Each row shows what a filer reported for one date, not a current position. The link opens that filing.

Filer Report date Shares Value Filing
BANK OF AMERICA CORP /DE/ 2026-03-31 36,777 $1.86M SEC filing
Allspring Global Investments Holdings, LLC 2026-03-31 8,361 $422K SEC filing
Universal- Beteiligungs- und Servicegesellschaft mbH 2026-03-31 5,392 $272K SEC filing
JANUS HENDERSON GROUP PLC 2026-03-31 6,739 $341K SEC filing
State of Alaska, Department of Revenue 2026-03-31 651 Not shown SEC filing
HUNTINGTON NATIONAL BANK 2026-03-31 3,997 $202K SEC filing
DEUTSCHE BANK AG\ 2026-03-31 12,619 $637K SEC filing
Pathstone Holdings, LLC 2026-03-31 17,953 $907K SEC filing
Trask Adam Roland 2026-03-31 500 $25.3K SEC filing
NEW YORK STATE COMMON RETIREMENT FUND 2026-03-31 6,832 $345K SEC filing
SG Americas Securities, LLC 2026-03-31 2,986 Not shown SEC filing
Root Financial Partners, LLC 2026-03-31 26 $1.31K SEC filing
STRS OHIO 2026-03-31 13,300 $672K SEC filing
Nuveen, LLC 2026-03-31 30,856 $1.56M SEC filing
WEDGE CAPITAL MANAGEMENT L L P/NC 2026-03-31 16,415 $829K SEC filing
INTECH INVESTMENT MANAGEMENT LLC 2026-03-31 4,163 $210K SEC filing
LeClair Wealth Partners LLC 2026-03-31 5,826 $294K SEC filing
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 2026-03-31 3,104 $157K SEC filing
Aquatic Capital Management LLC 2026-03-31 336 $17K SEC filing
  • Each value is checked against Mercantile Bank Corp's share prices from within about three months of its report date (insiders' Form 4 trades and the latest close).
  • Value not shown for 2 rows: the filed value is about 1,000 times too small for the share count at Mercantile Bank Corp's share price.
  • 1 row left out: the value per share it reports is far from Mercantile Bank Corp's share prices on file from around the report date, far from the value most filers reported for that date, or the value of a security already left out, so it may describe another security or share class.

120 filers have only one report here.

Unusually large insider trades

Each trade is compared with the other insider trades of the same kind in the same security among Mercantile Bank Corp's recent filings on file. Size alone is context, not a prediction or evidence of improper trading.

  • 2025-02-05 · PRICE MICHAEL H: Larger than 36 of the 37 other insider sales of Common Stock on file. SEC filing
  • 2024-11-25 · KAMINSKI ROBERT B: Larger than 35 of the 37 other insider sales of Common Stock on file. SEC filing
  • 2024-07-19 · PRICE MICHAEL H: Larger than 34 of the 37 other insider sales of Common Stock on file. SEC filing
  • 2021-06-03 · Worthington Robert T.: Larger than 23 of the 24 other insider purchases of Common Stock on file. SEC filing
  • 2020-10-27 · Reitsma Raymond E.: Larger than all 24 other insider purchases of Common Stock on file. SEC filing
  • 2020-04-24 · PRICE MICHAEL H: Larger than all 37 other insider sales of Common Stock on file. SEC filing

Independent insiders buying near the same time

  • 2025-02-19–2025-02-26: 5 event(s) across 2 owner(s) — A cluster counts independent reporting owners that reported purchases within a set time. Co-filers and declared affiliates count once, and duplicate reports of the same event count once. ( filing , filing , filing , filing , filing )
  • 2025-02-18–2025-02-20: 5 event(s) across 2 owner(s) — A cluster counts independent reporting owners that reported purchases within a set time. Co-filers and declared affiliates count once, and duplicate reports of the same event count once. ( filing , filing , filing , filing , filing )
  • 2025-01-29–2025-02-04: 4 event(s) across 2 owner(s) — A cluster counts independent reporting owners that reported purchases within a set time. Co-filers and declared affiliates count once, and duplicate reports of the same event count once. ( filing , filing , filing , filing )

Purchases & sales (open market or private)

SecurityCodePriceFiling
2025-11-13PRICE MICHAEL H · DirectorCommon StockS — Open market or private sale−1,41745.81SEC filing
2025-11-13PRICE MICHAEL H · DirectorCommon StockS — Open market or private sale−3,16045.85SEC filing
2025-10-31Sanchez Nelson F · DirectorCommon StockP — Open market or private purchase+1,00043.50SEC filing
2025-08-18RAMAKER DAVID B · DirectorCommon StockP — Open market or private purchase+1,50046.71SEC filing
2025-07-29Williams Shoran R · DirectorCommon StockP — Open market or private purchase+20047.29SEC filing
2025-05-02KAMINSKI ROBERT B · DirectorCommon StockS — Open market or private sale−25042.85SEC filing
2025-04-02KAMINSKI ROBERT B · DirectorCommon StockS — Open market or private sale−25043.14SEC filing
2025-03-03KAMINSKI ROBERT B · DirectorCommon StockS — Open market or private sale−25048.11SEC filing

Showing 8 of 20 rows

Grants, exercises, tax & gifts

SecurityCodeFiling
2026-05-22Davenport Michael S. · DirectorCommon StockA — Grant, award, or other acquisition+753SEC filing
2026-05-22PRICE MICHAEL H · DirectorCommon StockA — Grant, award, or other acquisition+1,096SEC filing
2026-05-22Schweihofer Steven · DirectorCommon StockA — Grant, award, or other acquisition+715SEC filing
2026-05-22Williams Shoran R · DirectorCommon StockA — Grant, award, or other acquisition+715SEC filing
2026-05-22MacDonald Richard D · DirectorCommon StockA — Grant, award, or other acquisition+715SEC filing
2026-05-22Sparks Amy L · DirectorCommon StockA — Grant, award, or other acquisition+906SEC filing
2026-05-22Sanchez Nelson F · DirectorCommon StockA — Grant, award, or other acquisition+715SEC filing
2026-05-22RAMAKER DAVID B · DirectorCommon StockA — Grant, award, or other acquisition+801SEC filing

Showing 8 of 33 rows

Other activity

SecurityCodeFiling
2021-03-11Wiersma Lonna · SVP, HUMAN RESOURCES DIRECTORCommon StockD — Disposition to the issuer−3,000SEC filing
2021-03-05PRICE MICHAEL H · DirectorCommon StockD — Disposition to the issuer−4,071SEC filing
2020-12-17CHRISTMAS CHARLES E · EVP AND CFOCommon StockD — Disposition to the issuer−5,937SEC filing
2020-12-17Wiersma Lonna · SVP, HUMAN RESOURCES DIRECTORCommon StockD — Disposition to the issuer−3,335SEC filing
2020-12-17KAMINSKI ROBERT B · PRESIDENT, CEOCommon StockD — Disposition to the issuer−9,372SEC filing
2020-12-17Worthington Robert T. · COO, SECRETARY, SVP, AND GCCommon StockD — Disposition to the issuer−3,446SEC filing
2020-12-17Reitsma Raymond E. · EXECUTIVE VICE PRESIDENTCommon StockD — Disposition to the issuer−6,301SEC filing

Showing 7 of 7 rows

These tables describe filed transactions, not current holdings. Prices are shown as filed; a currency is added only when the filing's data names one. Amended and possible duplicate rows are left out of size comparisons and transaction groups.