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
2024-11-25 | Robert B Kaminski | Disposed 5800 @ 51.75 | View | ||
2024-11-14 | Robert B Kaminski | Disposed 4000 @ 49.51 | View | ||
2024-11-04 | Robert B Kaminski | Disposed 250 @ 42.51 | View | ||
2024-10-02 | Robert B Kaminski | Disposed 250 @ 41.77 | View | ||
2024-08-26 | Michael H Price | Disposed 5000 @ 45.57 | View | ||
2024-08-02 | Robert B Kaminski | Disposed 250 @ 43.66 | View | ||
2024-07-22 | Robert B Kaminski | Disposed 2000 @ 48.01 | View | ||
2024-07-19 | Robert B Kaminski | Disposed 3000 @ 48.73 | View | ||
2024-07-02 | Robert B Kaminski | Disposed 250 @ 39.83 | View | ||
2024-06-06 | Nelson F Sanchez | Acquired 135 @ 37.1 | View | ||
2024-03-11 | Nelson F Sanchez | Acquired 100 @ 36.51 | 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.
Mercantile |
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.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 Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Operating Profit Margin | 0.45 | 0.4711 |
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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 | |
---|---|---|---|---|---|
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 | Senior Bank | 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 | 0.02 | 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 Employee | 333.8K | |
Revenue Per Executive | 14.5M | |
Net Income Per Employee | 125.9K | |
Net Income Per Executive | 5.5M |
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.