mercantile bank of michigan was founded in 1997 by directors and bankers who firmly believe that customers, employees, and the communities they live in, are best served by financial institutions with local roots. at mercantile bank, we use our local directors, our commitment to the community, and our knowledge of michigan to enable us to deliver our services in a way that truly sets us apart from our competitors. we feel our focus on the michigan business community is the best way to help build the economy, and ultimately the community.
Company profile
Ticker
MBWM
Exchange
Website
CEO
Robert Kaminski
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Mercantile Bank, a Michigan banking corporation • Mercantile Community Partners LLC • Mercantile Insurance Center, Inc. • West Lake Associates, LLC ...
IRS number
383360865
MBWM stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
12 Mar 24
10-K
2023 FY
Annual report
1 Mar 24
8-K
Mercantile Bank Corporation Announces Strong Fourth Quarter and Significant increase in net interest income, robust loan growth, and ongoing strength
16 Jan 24
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Mr. Kaminski intends to retire in 2024, at which time Raymond E. Reitsma is expected to be appointed President and Chief Executive Officer
17 Oct 23
8-K
Mercantile Bank Corporation Announces Robust Third Quarter 2023 Results
17 Oct 23
10-Q
2023 Q2
Quarterly report
4 Aug 23
8-K
Mercantile Bank Corporation Announces Strong Second Quarter 2023 Results
18 Jul 23
8-K
Departure of Directors or Certain Officers
22 Jun 23
S-8
Registration of securities for employees
12 Jun 23
Transcripts
MBWM
Earnings call transcript
2023 Q3
17 Oct 23
MBWM
Earnings call transcript
2023 Q2
18 Jul 23
MBWM
Earnings call transcript
2023 Q1
18 Apr 23
MBWM
Earnings call transcript
2022 Q4
17 Jan 23
MBWM
Earnings call transcript
2022 Q3
18 Oct 22
MBWM
Earnings call transcript
2022 Q2
19 Jul 22
MBWM
Earnings call transcript
2022 Q1
19 Apr 22
MBWM
Earnings call transcript
2021 Q4
18 Jan 22
MBWM
Earnings call transcript
2021 Q3
19 Oct 21
MBWM
Earnings call transcript
2021 Q2
20 Jul 21
Latest ownership filings
4
Nelson F Sanchez
13 Mar 24
4
Nelson F Sanchez
12 Mar 24
3
Nelson F Sanchez
12 Mar 24
4/A
Robert T. Worthington
20 Feb 24
4
Raymond E. Reitsma
20 Feb 24
4
CHARLES E CHRISTMAS
20 Feb 24
4
ROBERT B KAMINSKI
20 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
SC 13G/A
BlackRock Inc.
24 Jan 24
3
Scott P Setlock
2 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Institutional ownership, Q3 2023
56.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 133 |
Opened positions | 23 |
Closed positions | 8 |
Increased positions | 47 |
Reduced positions | 36 |
13F shares | Current |
---|---|
Total value | 274.73 bn |
Total shares | 9.17 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 1.42 mm | $44.02 bn |
Dimensional Fund Advisors | 1.15 mm | $35.59 bn |
Vanguard | 799.87 k | $24.72 bn |
Renaissance Technologies | 534.71 k | $16.53 bn |
Banc Funds | 493.16 k | $15.25 bn |
STT State Street | 394.61 k | $12.20 bn |
North Star Asset Management | 360.63 k | $11.15 bn |
Geode Capital Management | 322.01 k | $9.95 bn |
Tributary Capital Management | 318.91 k | $9.86 bn |
Stieven Capital Advisors | 214.17 k | $6.62 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Mar 24 | Nelson F Sanchez | Common Stock | Grant | Acquire A | No | No | 0 | 69 | 0.00 | 1,639 |
11 Mar 24 | Nelson F Sanchez | Common Stock | Buy | Acquire P | No | No | 36.51 | 100 | 3.65 k | 1,265 |
14 Dec 23 | Robert T. Worthington | Common Stock | Grant | Acquire A | No | No | 0 | 1,337 | 0.00 | 10,152 |