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MBWM Insider Trading

Insider Ownership Percentage: 3.20%
Insider Buying (Last 12 Months): $52,956.00
Insider Selling (Last 12 Months): $21,497.50

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: $48.64
Price Change: ▼ Price Decrease of -1.64 (-3.26%)
As of 03/20/2026 05:00 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
10/31/2025Nelson F. SanchezDirectorBuy1,000$43.50$43,500.003,502View SEC Filing Icon  
7/29/2025Shoran R. WilliamsDirectorBuy200$47.28$9,456.005,266View SEC Filing Icon  
5/2/2025Robert B. Kaminski, Jr.DirectorSell250$42.85$10,712.5077,986View SEC Filing Icon  
4/2/2025Robert B. Kaminski, Jr.DirectorSell250$43.14$10,785.0078,236View SEC Filing Icon  
3/3/2025Robert B. Kaminski, Jr.DirectorSell250$48.11$12,027.5078,486View SEC Filing Icon  
2/11/2025Robert B. Kaminski, Jr.DirectorSell1,000$50.22$50,220.0011,810View SEC Filing Icon  
2/3/2025Robert B. Kaminski, Jr.DirectorSell250$47.05$11,762.5086,730View SEC Filing Icon  
1/31/2025Shoran R. WilliamsDirectorBuy123$49.28$6,061.444,147View SEC Filing Icon  
1/27/2025Robert B. Kaminski, Jr.DirectorSell3,000$50.16$150,480.0013,810View SEC Filing Icon  
1/24/2025Robert B. Kaminski, Jr.DirectorSell3,000$49.14$147,420.0016,810View SEC Filing Icon  
12/2/2024Robert B. Kaminski, Jr.DirectorSell250$49.60$12,400.0087,230View SEC Filing Icon  
11/25/2024Robert B. Kaminski, Jr.DirectorSell5,800$51.75$300,150.0019,810View SEC Filing Icon  
11/14/2024Robert B. Kaminski, Jr.DirectorSell4,000$49.51$198,040.0025,610View SEC Filing Icon  
11/4/2024Robert B. Kaminski, Jr.DirectorSell250$42.51$10,627.5094,480View SEC Filing Icon  
10/2/2024Robert B. Kaminski, Jr.DirectorSell250$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. Kaminski, Jr.DirectorSell250$43.66$10,915.0095,230View SEC Filing Icon  
7/22/2024Robert B. Kaminski, Jr.DirectorSell2,000$48.01$96,020.0029,610View SEC Filing Icon  
7/19/2024Robert B. Kaminski, Jr.DirectorSell3,000$48.73$146,190.0031,610View SEC Filing Icon  
7/2/2024Robert B. Kaminski, Jr.DirectorSell250$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  
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
3/20/2026Hsbc Holdings PLC17,959$0.86M0.0%+173.0%0.104%Search for SEC Filing on Google Icon
3/9/2026EMC Capital Management2,813$0.14M0.1%-15.0%0.016%Search for SEC Filing on Google Icon
2/24/2026DGS Capital Management LLC4,377$0.21M0.0%N/A0.025%Search for SEC Filing on Google Icon
2/19/2026Invesco Ltd.23,411$1.13M0.0%-16.6%0.136%Search for SEC Filing on Google Icon
2/18/2026Mercer Global Advisors Inc. ADV109,572$5.27M0.0%-0.9%0.638%Search for SEC Filing on Google Icon
2/18/2026EP Wealth Advisors LLC5,554$0.27M0.0%N/A0.032%Search for SEC Filing on Google Icon
2/18/2026Mackenzie Financial Corp6,410$0.31M0.0%N/A0.037%Search for SEC Filing on Google Icon
2/18/2026Empowered Funds LLC73,878$3.55M0.0%+12.2%0.430%Search for SEC Filing on Google Icon
2/18/2026Zacks Investment Management6,939$0.33M0.0%-6.9%0.040%Search for SEC Filing on Google Icon
2/18/2026Wellington Management Group LLP294,813$14.18M0.0%N/A1.716%Search for SEC Filing on Google Icon
2/18/2026Susquehanna Portfolio Strategies LLC8,811$0.42M0.0%-3.3%0.051%Search for SEC Filing on Google Icon
2/18/2026Tudor Investment Corp ET AL23,319$1.12M0.0%-49.8%0.136%Search for SEC Filing on Google Icon
2/18/2026Millennium Management LLC23,711$1.14M0.0%-71.3%0.138%Search for SEC Filing on Google Icon
2/18/2026Man Group plc13,544$0.65M0.0%-11.1%0.079%Search for SEC Filing on Google Icon
2/18/2026Inspire Investing LLC9,715$0.47M0.0%-3.5%0.057%Search for SEC Filing on Google Icon
2/18/2026Elizabeth Park Capital Advisors Ltd.50,971$2.45M2.0%N/A0.297%Search for SEC Filing on Google Icon
2/18/2026Engineers Gate Manager LP4,264$0.21M0.0%-62.1%0.025%Search for SEC Filing on Google Icon
2/18/2026Bridgeway Capital Management LLC120,133$5.78M0.1%+6.2%0.699%Search for SEC Filing on Google Icon
2/17/2026AQR Capital Management LLC159,564$7.68M0.0%-12.1%0.929%Search for SEC Filing on Google Icon
2/17/2026Lazard Asset Management LLC16,542$0.80M0.0%+2.8%0.096%Search for SEC Filing on Google Icon
2/17/2026Price T Rowe Associates Inc. MD9,036$0.44M0.0%+7.9%0.053%Search for SEC Filing on Google Icon
2/17/2026Regal Investment Advisors LLC10,560$0.51M0.0%-21.8%0.061%Search for SEC Filing on Google Icon
2/17/2026Osaic Holdings Inc.24,825$1.19M0.0%-12.0%0.144%Search for SEC Filing on Google Icon
2/17/2026California State Teachers Retirement System15,439$0.74M0.0%+8.7%0.090%Search for SEC Filing on Google Icon
2/17/2026Russell Investments Group Ltd.8,149$0.39M0.0%+3.8%0.047%Search for SEC Filing on Google Icon
2/17/2026State of Wisconsin Investment Board8,620$0.42M0.0%+31.1%0.050%Search for SEC Filing on Google Icon
2/17/2026Royal Bank of Canada29,140$1.40M0.0%-1.5%0.170%Search for SEC Filing on Google Icon
2/16/2026Panagora Asset Management Inc.16,034$0.77M0.0%+38.0%0.093%Search for SEC Filing on Google Icon
2/16/2026MML Investors Services LLC4,658$0.22M0.0%+4.2%0.027%Search for SEC Filing on Google Icon
2/16/2026Mariner LLC6,577$0.32M0.0%+9.6%0.038%Search for SEC Filing on Google Icon
2/16/2026Barclays PLC42,713$2.05M0.0%+44.2%0.249%Search for SEC Filing on Google Icon
2/13/2026Kestra Advisory Services LLC543$26K0.0%N/A0.003%Search for SEC Filing on Google Icon
2/13/2026Marshall Wace LLP28,415$1.37M0.0%+87.2%0.165%Search for SEC Filing on Google Icon
2/13/2026The Manufacturers Life Insurance Company 4,943$0.24M0.0%-11.0%0.029%Search for SEC Filing on Google Icon
2/13/2026Rafferty Asset Management LLC8,637$0.42M0.0%-35.6%0.050%Search for SEC Filing on Google Icon
2/13/2026First Trust Advisors LP6,493$0.31M0.0%-28.1%0.038%Search for SEC Filing on Google Icon
2/13/2026State Street Corp447,016$21.50M0.0%-5.0%2.602%Search for SEC Filing on Google Icon
2/13/2026Ieq Capital LLC19,136$0.92M0.0%-25.8%0.111%Search for SEC Filing on Google Icon
2/13/2026UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC23,548$1.13M0.0%+0.9%0.137%Search for SEC Filing on Google Icon
2/13/2026De Lisle Partners LLP75,649$3.64M0.5%+1.8%0.440%Search for SEC Filing on Google Icon
2/13/2026Wells Fargo & Company MN44,288$2.13M0.0%+9.0%0.258%Search for SEC Filing on Google Icon
2/13/2026Quadrant Capital Group LLC891$43K0.0%+63.8%0.005%Search for SEC Filing on Google Icon
2/12/2026State Board of Administration of Florida Retirement System4,400$0.21M0.0%N/A0.026%Search for SEC Filing on Google Icon
2/12/2026Banc Funds Co. LLC130,841$6.29M1.2%-18.4%0.762%Search for SEC Filing on Google Icon
2/12/2026Renaissance Technologies LLC496,213$23.87M0.0%+1.2%2.888%Search for SEC Filing on Google Icon
2/12/2026Dimensional Fund Advisors LP1,031,485$49.61M0.0%-1.6%6.004%Search for SEC Filing on Google Icon
2/12/2026Federated Hermes Inc.10,622$0.51M0.0%+39.9%0.062%Search for SEC Filing on Google Icon
2/12/2026Swiss National Bank30,400$1.46M0.0%+1.7%0.177%Search for SEC Filing on Google Icon
2/12/2026Nuveen LLC30,703$1.48M0.0%-46.6%0.179%Search for SEC Filing on Google Icon
2/11/2026Empowered Funds LLC73,878$3.55M0.0%+12.2%0.430%Search for SEC Filing on Google Icon
2/11/2026Deutsche Bank AG8,750$0.42M0.0%-42.5%0.051%Search for SEC Filing on Google Icon
2/11/2026Cerity Partners LLC22,405$1.08M0.0%-7.0%0.130%Search for SEC Filing on Google Icon
2/11/2026LPL Financial LLC14,170$0.68M0.0%-6.4%0.082%Search for SEC Filing on Google Icon
2/11/2026Siena Capital Partners GP LLC83,966$4.04M1.1%+319.8%0.489%Search for SEC Filing on Google Icon
2/11/2026Franklin Resources Inc.19,992$0.96M0.0%+3.3%0.116%Search for SEC Filing on Google Icon
2/11/2026Brandywine Global Investment Management LLC33,147$1.59M0.0%-3.8%0.193%Search for SEC Filing on Google Icon
2/11/2026JPMorgan Chase & Co.195,038$9.38M0.0%-9.1%1.135%Search for SEC Filing on Google Icon
2/11/2026Los Angeles Capital Management LLC9,179$0.40M0.0%-19.3%0.053%Search for SEC Filing on Google Icon
2/10/2026Goldman Sachs Group Inc.133,499$6.42M0.0%+23.9%0.777%Search for SEC Filing on Google Icon
2/10/2026Natixis Advisors LLC10,329$0.50M0.0%+2.4%0.060%Search for SEC Filing on Google Icon
2/10/2026Intech Investment Management LLC6,181$0.30M0.0%-18.0%0.036%Search for SEC Filing on Google Icon
2/9/2026Geode Capital Management LLC402,616$19.37M0.0%-2.3%2.343%Search for SEC Filing on Google Icon
2/9/2026North Star Asset Management Inc.374,544$18.02M0.7%+5.4%2.180%Search for SEC Filing on Google Icon
2/6/2026LSV Asset Management295,086$14.19M0.0%-1.7%1.718%Search for SEC Filing on Google Icon
2/6/2026ProShare Advisors LLC130,082$6.26M0.0%-0.3%0.757%Search for SEC Filing on Google Icon
2/5/2026Abacus Wealth Partners LLC6,079$0.29M0.0%N/A0.035%Search for SEC Filing on Google Icon
2/5/2026Wakefield Asset Management LLLP22,418$1.08M0.3%-0.9%0.130%Search for SEC Filing on Google Icon
2/5/2026Blue Water Asset Management5,591$0.27M0.1%N/A0.033%Search for SEC Filing on Google Icon
2/4/2026Bailard Inc.18,501$0.89M0.0%+8.8%0.108%Search for SEC Filing on Google Icon
2/3/2026LaFleur & Godfrey LLC29,233$1.41M0.2%-11.1%0.170%Search for SEC Filing on Google Icon
1/29/2026Vanguard Group Inc.1,066,368$51.29M0.0%+2.6%6.207%Search for SEC Filing on Google Icon
1/28/2026Arizona State Retirement System4,289$0.21M0.0%-5.7%0.025%Search for SEC Filing on Google Icon
1/28/2026West Michigan Advisors LLC6,887$0.33M0.1%+17.0%0.040%Search for SEC Filing on Google Icon
1/27/2026Tributary Capital Management LLC231,259$11.12M1.1%-7.0%1.346%Search for SEC Filing on Google Icon
1/26/2026CWM LLC11,238$0.54M0.0%-9.3%0.065%Search for SEC Filing on Google Icon
1/21/2026Daytona Street Capital LLC12,254$0.59M0.4%N/A0.075%Search for SEC Filing on Google Icon
1/15/2026Allspring Global Investments Holdings LLC7,498$0.36M0.0%-27.0%0.046%Search for SEC Filing on Google Icon
1/14/2026Hennion & Walsh Asset Management Inc.11,793$0.57M0.0%-25.5%0.073%Search for SEC Filing on Google Icon
1/14/2026Wedge Capital Management L L P NC17,954$0.86M0.0%+1.4%0.110%Search for SEC Filing on Google Icon
1/12/2026LVM Capital Management Ltd. MI13,977$0.67M0.1%-4.1%0.086%Search for SEC Filing on Google Icon
1/9/2026SG Americas Securities LLC6,190$0.30M0.0%-15.0%0.038%Search for SEC Filing on Google Icon
1/9/2026jvl associates llc60,169$2.89M0.9%-2.8%0.370%Search for SEC Filing on Google Icon
1/8/2026Wealth Enhancement Advisory Services LLC7,125$0.35M0.0%-5.6%0.044%Search for SEC Filing on Google Icon
1/1/2026JPMorgan Chase & Co.214,647$9.66M0.0%+37.7%1.321%Search for SEC Filing on Google Icon
1/1/2026Tudor Investment Corp ET AL46,415$2.09M0.0%-10.7%0.286%Search for SEC Filing on Google Icon
12/9/2025Tudor Investment Corp ET AL46,415$2.09M0.0%-10.7%0.286%Search for SEC Filing on Google Icon
11/17/2025Voleon Capital Management LP10,611$0.48M0.0%N/A0.065%Search for SEC Filing on Google Icon
11/17/2025Qube Research & Technologies Ltd73,466$3.31M0.0%+40.8%0.452%Search for SEC Filing on Google Icon
11/17/2025Mariner LLC6,001$0.27M0.0%N/A0.037%Search for SEC Filing on Google Icon
11/17/2025Maltese Capital Management LLC82,000$3.69M0.6%-18.0%0.504%Search for SEC Filing on Google Icon
11/17/2025Mercer Global Advisors Inc. ADV110,593$4.98M0.0%+3.9%0.680%Search for SEC Filing on Google Icon
11/17/2025Millennium Management LLC82,607$3.72M0.0%-44.2%0.508%Search for SEC Filing on Google Icon
11/17/2025MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.7,381$0.33M0.0%-15.2%0.045%Search for SEC Filing on Google Icon
11/17/2025Moneta Group Investment Advisors LLC9,640$0.43M0.0%-14.8%0.059%Search for SEC Filing on Google Icon
11/17/2025Banc Funds Co. LLC160,252$7.21M1.3%-17.9%0.986%Search for SEC Filing on Google Icon
11/17/2025Bank of America Corp DE33,669$1.52M0.0%+11.9%0.207%Search for SEC Filing on Google Icon
11/17/2025Aquatic Capital Management LLC3,235$0.15M0.0%+94.9%0.020%Search for SEC Filing on Google Icon
11/17/2025Ameriprise Financial Inc.63,393$2.85M0.0%-9.5%0.390%Search for SEC Filing on Google Icon
11/14/2025Creative Planning24,038$1.08M0.0%+14.6%0.148%Search for SEC Filing on Google Icon
11/14/2025Zacks Investment Management7,451$0.34M0.0%+7.1%0.046%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: $48.64
Low: $48.51
High: $50.60

50 Day Range

MA: $51.91
Low: $48.64
High: $54.93

52 Week Range

Now: $48.64
Low: $37.76
High: $55.77

Volume

345,065 shs

Average Volume

109,651 shs

Market Capitalization

$840.16 million

P/E Ratio

8.91

Dividend Yield

3.14%

Beta

0.89

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. Shoran R Williams (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. Vanguard Group Inc. — 6.21%
  2. Dimensional Fund Advisors LP — 6.00%
  3. Renaissance Technologies LLC — 2.89%
  4. State Street Corp — 2.60%
  5. Geode Capital Management LLC — 2.34%
  6. North Star Asset Management Inc. — 2.18%
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. Millennium Management LLC
  2. Banc Funds Co. LLC
  3. Nuveen LLC
  4. State Street Corp
  5. Tudor Investment Corp ET AL
  6. AQR Capital Management LLC
  7. JPMorgan Chase & Co.
  8. Tributary Capital Management LLC

Which major investors are buying Mercantile Bank stock?

In the last quarter, MBWM stock was bought by institutional investors including:
  1. Wellington Management Group LLP
  2. Siena Capital Partners GP LLC
  3. Elizabeth Park Capital Advisors Ltd.
  4. Vanguard Group Inc.
  5. Goldman Sachs Group Inc.
  6. North Star Asset Management Inc.
  7. Marshall Wace LLP
  8. Barclays PLC
In the previous 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.