Mercantile Bank Company Leadership
| MBWM Stock | USD 53.92 0.14 0.26% |
About 60% of Mercantile Bank's corporate insiders are selling. The analysis of insiders' sentiment of trading Mercantile Bank stock suggests that many insiders are alarmed at this time. Mercantile Bank employs about 770 people. The company is managed by 15 executives with a total tenure of roughly 37 years, averaging almost 2.0 years of service per executive, having 51.33 employees per reported executive.
| Robert Kaminski CEO COO, Executive VP, Secretary, CEO of Mercantile Bank and President of Mercantile Bank of Michigan, COO Mercantile Bank of Michigan, Secretary of Mercantile Bank of West Michigan |
| Robert Worthington President COO, Senior Vice President General Counsel, Secretary |
Insider Sentiment 40
Mostly Selling
Selling | Buying |
Latest Trades
| 2025-10-31 | Nelson F Sanchez | Acquired 1000 @ 43.5 | View | ||
| 2025-07-29 | Shoran R Williams | Acquired 200 @ 47.28 | View | ||
| 2025-05-02 | Robert B Kaminski | Disposed 250 @ 42.85 | View | ||
| 2025-04-02 | Robert B Kaminski | Disposed 250 @ 43.14 | View | ||
| 2025-03-03 | Robert B Kaminski | Disposed 250 @ 48.11 | View |
Monitoring Mercantile Bank's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
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Mercantile Bank's Workforce Through the Years
Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Mercantile Bank's future performance. Based on our forecasts, it is anticipated that Mercantile will maintain a workforce of about 770 employees by March 2026.Mercantile Bank Management Team Effectiveness
The company has return on total asset (ROA) of 0.0138 % which means that it generated a profit of $0.0138 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1356 %, meaning that it created $0.1356 on every $100 dollars invested by stockholders. Mercantile Bank's management efficiency ratios could be used to measure how well Mercantile Bank manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Mercantile Bank's Return On Tangible Assets are very stable compared to the past year. As of the 17th of February 2026, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.05. At this time, Mercantile Bank's Return On Tangible Assets are very stable compared to the past year. As of the 17th of February 2026, Intangibles To Total Assets is likely to grow to 0.01, while Net Tangible Assets are likely to drop about 315.3 M.As of the 17th of February 2026, Net Income Applicable To Common Shares is likely to grow to about 73.7 M, while Common Stock Shares Outstanding is likely to drop about 12.2 M. Mercantile Bank maintains a total of 17.18 Million outstanding shares. Over half of Mercantile Bank's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Shares in Circulation | First Issued 1998-03-31 | Previous Quarter 16.2 M | Current Value 16.3 M | Avarage Shares Outstanding 11 M | Quarterly Volatility 4.8 M |
Mercantile Bank Workforce Comparison
Mercantile Bank is regarded fourth in number of employees category among its peers. The total workforce of Financials industry is now estimated at about 6,578. Mercantile Bank retains roughly 770 in number of employees claiming about 12% of equities under Financials industry.
Mercantile Bank Profit Margins
The company has Profit Margin (PM) of 0.37 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.44 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.44.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.48 | 0.6403 |
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Mercantile Bank Insider Trading History
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Mercantile Bank insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mercantile Bank's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Mercantile Bank insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
| Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total Shares Sold | |
|---|---|---|---|---|---|
| 2025-12-01 | 1.0 | 2 | 2 | 6,282 | 4,577 |
| 2025-06-01 | 5.0 | 10 | 2 | 9,210 | 500.00 |
| 2025-03-01 | 2.0769 | 27 | 13 | 27,614 | 30,525 |
| 2024-06-01 | 11.0 | 11 | 1 | 8,449 | 774.00 |
| 2024-03-01 | 0.4 | 2 | 5 | 169.00 | 16,289 |
| 2023-12-01 | 6.0 | 6 | 1 | 25,463 | 0.00 |
| 2023-03-01 | 0.1667 | 1 | 6 | 1,500 | 12,897 |
| 2022-03-01 | 0.3333 | 5 | 15 | 7,187 | 26,043 |
| 2021-12-01 | 19.0 | 19 | 1 | 80,045 | 2,500 |
| 2021-09-01 | 1.0 | 2 | 2 | 2,000 | 2,000 |
| 2020-12-01 | 0.5556 | 5 | 9 | 31,295 | 34,391 |
| 2020-09-01 | 2.0 | 2 | 1 | 1,391 | 0.00 |
| 2020-06-01 | 7.0 | 7 | 1 | 8,851 | 8,000 |
| 2019-12-01 | 1.1667 | 7 | 6 | 27,596 | 13,339 |
| 2018-12-01 | 1.1429 | 8 | 7 | 30,008 | 5,531 |
| 2018-06-01 | 3.5 | 7 | 2 | 6,278 | 3,000 |
| 2018-03-01 | 0.1667 | 1 | 6 | 7,000 | 13,930 |
| 2017-12-01 | 1.0 | 6 | 6 | 20,333 | 23,332 |
| 2017-06-01 | 1.2 | 6 | 5 | 5,250 | 16,648 |
| 2017-03-01 | 0.6667 | 2 | 3 | 7,062 | 14,000 |
| 2016-12-01 | 1.8333 | 11 | 6 | 37,750 | 31,551 |
| 2016-09-01 | 0.1667 | 1 | 6 | 1,575 | 33,032 |
| 2016-06-01 | 5.0 | 5 | 1 | 4,500 | 0.00 |
| 2016-03-01 | 0.6667 | 2 | 3 | 2,515 | 12,559 |
| 2015-12-01 | 1.5714 | 11 | 7 | 17,034 | 15,062 |
| 2015-06-01 | 6.0 | 6 | 1 | 5,250 | 2,247 |
| 2013-12-01 | 0.5556 | 5 | 9 | 31,735 | 43,810 |
| 2012-09-01 | 0.5556 | 5 | 9 | 19,084 | 23,191 |
| 2012-06-01 | 4.0 | 4 | 1 | 1,955 | 0.16 |
| 2011-12-01 | 0.6667 | 2 | 3 | 2,060 | 0.00 |
| 2011-06-01 | 0.25 | 3 | 12 | 43,850 | 91,294 |
| 2010-12-01 | 2.0 | 4 | 2 | 8,000 | 0.00 |
| 2009-06-01 | 9.0 | 9 | 1 | 18,609 | 21.00 |
| 2007-12-01 | 19.0 | 19 | 1 | 34,568 | 1,000.00 |
| 2007-09-01 | 1.1429 | 16 | 14 | 22,242 | 6,574 |
| 2007-03-01 | 1.1667 | 14 | 12 | 39,478 | 42,097 |
| 2006-12-01 | 1.5556 | 14 | 9 | 22,197 | 3,678 |
| 2006-09-01 | 1.0 | 1 | 1 | 69.00 | 6,042 |
| 2006-06-01 | 0.5 | 9 | 18 | 36,943 | 53,415 |
| 2005-12-01 | 12.0 | 12 | 1 | 18,835 | 2,700 |
| 2005-09-01 | 1.0 | 1 | 1 | 40.00 | 0.00 |
| 2005-06-01 | 1.2 | 6 | 5 | 10,850 | 9,791 |
| 2005-03-01 | 3.25 | 13 | 4 | 24,292 | 19,032 |
| 2004-12-01 | 3.0 | 24 | 8 | 35,550 | 23,953 |
| 2004-06-01 | 5.0 | 5 | 1 | 28,100 | 0.00 |
| 2004-03-01 | 0.75 | 3 | 4 | 11,200 | 13,671 |
| 2003-12-01 | 7.75 | 31 | 4 | 50,696 | 1,350 |
| 2003-09-01 | 3.0 | 9 | 3 | 38,683 | 7,413 |
Mercantile Bank Notable Stakeholders
A Mercantile Bank stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Mercantile Bank often face trade-offs trying to please all of them. Mercantile Bank's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Mercantile Bank's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Robert Kaminski | COO, Executive VP, Secretary, CEO of Mercantile Bank and President of Mercantile Bank of Michigan, COO Mercantile Bank of Michigan, Secretary of Mercantile Bank of West Michigan | Profile | |
| Robert Worthington | COO, Senior Vice President General Counsel, Secretary | Profile | |
| Raymond Reitsma | President of the Bank | Profile | |
| Charles Christmas | CFO, Executive VP, Treasurer, CFO of Mercantile Bank of Michigan and Executive VP of Mercantile Bank of Michigan | Profile | |
| Scott Setlock | COO VP | Profile | |
| John Schulte | Senior Bank | Profile | |
| Justin Karl | Executive Bank | Profile | |
| Tara Randall | Executive Officer | Profile | |
| David Miller | Senior Bank | Profile | |
| Douglas Ouellette | Senior Bank | Profile | |
| Jeff Kaiser | Senior Department | Profile | |
| Mark Augustyn | Senior Michigan | Profile | |
| Douglas Holtrop | Executive Bank | Profile | |
| Brett Hoover | Executive Officer | Profile | |
| Sonali Allen | Senior Bank | Profile |
About Mercantile Bank Management Performance
The success or failure of an entity such as Mercantile Bank often depends on how effective the management is. Mercantile Bank management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Mercantile management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Mercantile management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.08 | 0.05 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.12 | 0.13 |
Mercantile Bank Workforce Analysis
Traditionally, organizations such as Mercantile Bank use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Mercantile Bank within its industry.Mercantile Bank Manpower Efficiency
Return on Mercantile Bank Manpower
| Revenue Per Employee | 482.9K | |
| Revenue Per Executive | 24.8M | |
| Net Income Per Employee | 115.3K | |
| Net Income Per Executive | 5.9M |
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Will Regional Banks sector continue expanding? Could Mercantile diversify its offerings? Factors like these will boost the valuation of Mercantile Bank. Expected growth trajectory for Mercantile significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Mercantile Bank data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.157 | Dividend Share 1.5 | Earnings Share 5.47 | Revenue Per Share | Quarterly Revenue Growth 0.087 |
Investors evaluate Mercantile Bank using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Mercantile Bank's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Mercantile Bank's market price to deviate significantly from intrinsic value.
Understanding that Mercantile Bank's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mercantile Bank represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Mercantile Bank's market price signifies the transaction level at which participants voluntarily complete trades.