Mercantile Bank Company Leadership

MBWM Stock  USD 50.05  0.48  0.95%   
About 82 percent of Mercantile Bank's insiders are selling. The analysis of insiders' sentiment of trading Mercantile Bank stock suggests that many insiders are terrified at this time. Mercantile Bank employs about 653 people. The company is managed by 15 executives with a total tenure of roughly 29 years, averaging almost 1.0 years of service per executive, having 43.53 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

Mercantile Bank's Insider Buying Vs Selling

18

 
Selling
 
Buying

Latest Trades

2024-11-25Robert B KaminskiDisposed 5800 @ 51.75View
2024-11-14Robert B KaminskiDisposed 4000 @ 49.51View
2024-11-04Robert B KaminskiDisposed 250 @ 42.51View
2024-10-02Robert B KaminskiDisposed 250 @ 41.77View
2024-08-26Michael H PriceDisposed 5000 @ 45.57View
2024-08-02Robert B KaminskiDisposed 250 @ 43.66View
2024-07-22Robert B KaminskiDisposed 2000 @ 48.01View
2024-07-19Robert B KaminskiDisposed 3000 @ 48.73View
2024-07-02Robert B KaminskiDisposed 250 @ 39.83View
2024-06-06Nelson F SanchezAcquired 135 @ 37.1View
2024-03-11Nelson F SanchezAcquired 100 @ 36.51View
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.
  
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 housing.
To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.

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 650 employees by December 2024.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Mercantile Bank Management Team Effectiveness

The company has return on total asset (ROA) of 0.0143 % which means that it generated a profit of $0.0143 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.15 %, meaning that it created $0.15 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 29th of November 2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.03. At this time, Mercantile Bank's Total Assets are very stable compared to the past year. As of the 29th of November 2024, Other Assets is likely to grow to about 13.5 M, while Non Current Assets Total are likely to drop about 3.9 B.
As of the 29th of November 2024, 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 11.8 M.

Mercantile Bank Workforce Comparison

Mercantile Bank is regarded third in number of employees category among its peers. The total workforce of Financials industry is now estimated at about 3,496. Mercantile Bank retains roughly 653 in number of employees claiming about 19% of equities under Financials industry.

Mercantile Bank Profit Margins

The company has Profit Margin (PM) of 0.36 %, 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 0.43 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.43.
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Profit Margin0.450.4711
Sufficiently Down
Slightly volatile

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.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
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 KaminskiCOO, 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 MichiganProfile
Robert WorthingtonCOO, Senior Vice President General Counsel, SecretaryProfile
Raymond ReitsmaPresident of the BankProfile
Charles ChristmasCFO, Executive VP, Treasurer, CFO of Mercantile Bank of Michigan and Executive VP of Mercantile Bank of MichiganProfile
Scott SetlockCOO VPProfile
John SchulteSenior BankProfile
Justin KarlExecutive BankProfile
Tara RandallSenior BankProfile
David MillerSenior BankProfile
Douglas OuelletteSenior BankProfile
Jeff KaiserSenior DepartmentProfile
Mark AugustynSenior MichiganProfile
Douglas HoltropExecutive BankProfile
Brett HooverExecutive OfficerProfile
Sonali AllenSenior BankProfile

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 ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 
Return On Capital Employed 0.03  0.03 
Return On Assets 0.02  0.02 
Return On Equity 0.16  0.17 

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 Employee333.8K
Revenue Per Executive14.5M
Net Income Per Employee125.9K
Net Income Per Executive5.5M
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 housing.
To learn how to invest in Mercantile Stock, please use our How to Invest in Mercantile Bank guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mercantile Bank. If investors know Mercantile will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mercantile Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
1.4
Earnings Share
4.96
Revenue Per Share
13.795
Quarterly Revenue Growth
0.036
The market value of Mercantile Bank is measured differently than its book value, which is the value of Mercantile that is recorded on the company's balance sheet. Investors also form their own opinion of Mercantile Bank's value that differs from its market value or its book value, called intrinsic value, which is Mercantile Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mercantile Bank's market value can be influenced by many factors that don't directly affect Mercantile Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mercantile Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercantile Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercantile Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.