Scott Setlock - Mercantile Bank COO VP

MBWM Stock  USD 53.97  0.37  0.68%   

COO

Scott Setlock is COO VP of Mercantile Bank
Age 44
Address 310 Leonard Street NW, Grand Rapids, MI, United States, 49504
Phone616 406 3000
Webhttps://www.mercbank.com

Scott Setlock Latest Insider Activity

Tracking and analyzing the buying and selling activities of Scott Setlock against Mercantile Bank stock is an integral part of due diligence when investing in Mercantile Bank. Scott Setlock insider activity provides valuable insight into whether Mercantile Bank is net buyers or sellers over its current business cycle. Note, Mercantile Bank insiders must abide by specific rules, including filing SEC forms every time they buy or sell Mercantile Bank'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Mercantile Bank Management Efficiency

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 19th 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 19th 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.
Mercantile Bank currently holds 825.88 M in liabilities with Debt to Equity (D/E) ratio of 7.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Mercantile Bank's use of debt, we should always consider it together with its cash and equity.

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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. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan. Mercantile Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 635 people. Mercantile Bank (MBWM) is traded on NASDAQ Exchange in USA and employs 770 people. Mercantile Bank is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Mercantile Bank Leadership Team

Elected by the shareholders, the Mercantile Bank's board of directors comprises two types of representatives: Mercantile Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mercantile. The board's role is to monitor Mercantile Bank's management team and ensure that shareholders' interests are well served. Mercantile Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mercantile Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Schulte, Senior Bank
Charles Christmas, CFO, Executive VP, Treasurer, CFO of Mercantile Bank of Michigan and Executive VP of Mercantile Bank of Michigan
Justin Karl, Executive Bank
Tara Randall, Executive Officer
Robert Worthington, COO, Senior Vice President General Counsel, Secretary
David Miller, Senior Bank
Douglas Ouellette, Senior Bank
Jeff Kaiser, Senior Department
Mark Augustyn, Senior Michigan
Scott Setlock, COO VP
Douglas Holtrop, Executive Bank
Raymond Reitsma, President of the Bank
Brett Hoover, Executive Officer
Sonali Allen, Senior Bank
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

Mercantile Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Mercantile Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Mercantile Bank is a strong investment it is important to analyze Mercantile Bank's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mercantile Bank's future performance. For an informed investment choice regarding Mercantile Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercantile Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in private.
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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
14.685
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.