NASDAQ: MBWM
Mercantile Bank Corp Stock Ownership - Who owns Mercantile Bank?

Insider buying vs selling

Have Mercantile Bank Corp insiders been buying or selling?

Buy
Sell
NameRoleDateSharesPriceValue
Raymond E. ReitsmaPresident and CEO2026-02-174,040$54.24
$219.11kSell
Charles E. ChristmasEVP CFO2026-02-173,021$54.24
$163.84kSell
Mark S. AugustynEVPChief Comm Banking Officer2025-12-191,461$49.45
$72.25kSell
Tara M. RandallEVP Chief Experience Officer2025-12-191,500$49.45
$74.18kSell
Brett HooverEVP CHIEF HR OFFICER2025-12-19950$49.45
$46.98kSell
Scott P. SetlockEVP COO SECRETARY2025-12-191,187$49.45
$58.70kSell
Michael H. PriceDirector2025-11-133,160$45.85
$144.89kSell
Michael H. PriceDirector2025-11-131,417$45.81
$64.91kSell
Nelson F. SanchezDirector2025-10-311,000$43.50
$43.50kBuy
David B. RamakerDirector2025-08-181,500$46.71
$70.07kBuy

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Net Insider Buy/Sell (L12M) Ownership

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MBWM Shareholders

What type of owners hold Mercantile Bank Corp stock?

Institutional
Insider
Retail
NameHoldSharesValueType
Second Curve Capital LLC10.12%1,748,384$93.54MInsider
Blackrock Inc8.33%1,438,885$76.98MInstitution
Vanguard Group Inc6.17%1,066,368$57.05MInstitution
Dimensional Fund Advisors LP5.97%1,031,485$55.18MInstitution
American Century Companies Inc3.00%517,904$27.71MInstitution
Renaissance Technologies LLC2.87%496,213$26.55MInstitution
Dale J. Visser2.70%467,030$24.99MInsider
State Street Corp2.59%447,016$23.92MInstitution
Geode Capital Management LLC2.33%402,616$21.54MInstitution
North Star Asset Management Inc2.17%374,544$20.04MInstitution

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MBWM vs Bank Stocks

TickerInst. %Insider %Net Insider (L12M)Net Insider (L3M)
MBWM61.97%22.64%Net SellingNet Selling
CCNE61.67%9.72%Net BuyingNet Buying
BFST36.08%63.92%Net SellingNet Selling
MCB86.83%12.33%Net SellingNet Selling
HBNC78.26%13.51%Net BuyingNet Buying

Mercantile Bank Stock Ownership FAQ

Who owns Mercantile Bank?

Mercantile Bank (NASDAQ: MBWM) is owned by 61.97% institutional shareholders, 22.64% Mercantile Bank insiders, and 15.39% retail investors. Second Curve Capital LLC is the largest individual Mercantile Bank shareholder, owning 1.75M shares representing 10.12% of the company. Second Curve Capital LLC's Mercantile Bank shares are currently valued at $93.54M.

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