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Mercantile Bank Corp Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest, by Sanchez Nelson F, was filed 04 Nov 2025.
Insider Decl.
330
Thresholds
n/a
Buy Volume
€581,198
25 ops. · all time
Sell Volume
€6M
71 ops. · all time
Who traded when
BuySaleRobert B. Kaminski14 sales
Nelson F. Sanchez9 buys1 sale
Michael H. Price3 sales
Shoran R. Williams2 buys
David B. Ramaker1 buy
Richard D. MacDonald1 buy
Since the insiders bought
- +18.3%Entry US$45.46 · Close at T+90 US$53.77
- +25.4%Entry US$47.70 · Close at T+365 US$59.80
- +31.5%Entry US$45.69 · Close at T+365 US$60.08
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate Mercantile Bank Corp Hold (neutral), based on 6 analysts. Average price target: US$63.17.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 2,465 of 26,284 companies
74.6
score / 100
Value64
Quality85
FCF yld1.1%
Earn yld8.8%
EV/EBITDA·
ROE14%
Gross mgn·
Net mgn37%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$58.26
Analyst consensus
6 analystsHold
US$60.00Target US$63.17(+8%)US$65.00
Income statement
RevenueUS$242.7M
Net incomeUS$88.8M36.1% margin
Valuation
PER (trailing)10.2x
PER (forward)10.1x
P/Book1.3x
Beta0.84
Balance sheet & cash
Market capUS$1B
Total debtUS$496.9M
Free Cash FlowUS$11.2M
Profitability & ownership
ROE13.7%
ROA1.5%
% insiders3.1%
% institutions71.0%
Last declaration on 27 May 2026
Declarations330 total
753 shares0Common StockSEC:0001822797-26-000003:0
830 shares0Common StockSEC:0001693172-26-000002:0
4,040 shares@ US$54.2419.7% of flowCommon StockSEC:0001193125-26-057257:1
3,021 shares@ US$54.2417.8% of flowCommon StockSEC:0001193125-26-057279:1
1,326 shares0Common StockSEC:0001193125-26-057279:0
1,808 shares0Common StockSEC:0001193125-26-057257:0
1,414 shares0Common StockSEC:0001193125-26-043164:1
1,820 shares0Common StockSEC:0001193125-26-043157:1
910 shares0Common StockSEC:0001193125-26-043157:2
3,779 shares0Common StockSEC:0001193125-26-043196:1
2,875 shares0Common StockSEC:0001193125-26-043144:2
1,437 shares0Common StockSEC:0001193125-26-043144:3
1,888 shares0Common StockSEC:0001193125-26-043166:1
944 shares0Common StockSEC:0001193125-26-043166:2
2,271 shares0Common StockSEC:0001193125-26-043160:1
1,135 shares0Common StockSEC:0001193125-26-043160:2
1,461 shares@ US$49.45100.0% of flowCommon StockSEC:0001193125-26-043144:1
2,022 shares0Common StockSEC:0001193125-26-043144:0
950 shares@ US$49.45100.0% of flowCommon StockSEC:0001193125-26-043166:0
1,187 shares@ US$49.4549.8% of flowCommon StockSEC:0001193125-26-043160:0
1,500 shares@ US$49.45100.0% of flowCommon StockSEC:0001193125-26-043157:0
7,559 shares0Common StockSEC:0001193125-26-043196:0
2,829 shares0Common StockSEC:0001193125-26-043164:0
321 shares0Common StockSEC:0001193125-26-006361:0
5,282 sharesCommon StockSEC:0001193125-26-002846:0
25 of 330 declarations
About Mercantile Bank Corp
Mercantile Bank Corp counts 71 sales for EUR 6,462,811 (median EUR 69,759) and 25 purchases for EUR 581,198 (median EUR 8,797): purchases are 26% of open-market trades, but in small amounts. The largest sales date from 2016 and 2017: EUR 335,728 by Thomas R. Sullivan, Director, on October 20, 2017, EUR 318,566 by Michael H. Price, Chairman, President and CEO, on December 12, 2016, and EUR 305,727 by Michael H. Price on April 25, 2017.
The largest purchases are by David B. Ramaker, Director: EUR 108,762 on August 18, 2022 and EUR 79,246 on April 21, 2023; Robert T. Worthington, COO, Secretary, SVP and GC, bought EUR 92,074 on June 3, 2021. From January 29 to February 26, 2025, three filers bought for EUR 97,247. Across the full history, 10 purchase filings are classed as clustered. All 25 purchases have a stored 90-day result, with a median of minus 5.8% (stored results, not a forecast).
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The record counts 330 filings from 26 filers between January 25, 2016 and May 27, 2026, 203 of them grants. Robert B. Kaminski, Director, signs 51 (20 sales). The annual volume reaches 62 in 2025 and 54 in 2022, against 16 in 2021. Last twelve months: 28 filings, one purchase, 2 sales.
