MERCANTILE BANK ($MBWM) posted quarterly earnings results on Tuesday, April 22nd. The company reported earnings of $1.21 per share, missing estimates of $1.21 by $0.00. The company also reported revenue of $57,250,000, missing estimates of $58,578,600 by $-1,328,600.
You can see Quiver Quantitative's $MBWM stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
MERCANTILE BANK Insider Trading Activity
MERCANTILE BANK insiders have traded $MBWM stock on the open market 25 times in the past 6 months. Of those trades, 10 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $MBWM stock by insiders over the last 6 months:
- ROBERT B KAMINSKI has made 0 purchases and 13 sales selling 19,300 shares for an estimated $964,885.
- MICHAEL H PRICE sold 6,372 shares for an estimated $308,495
- NELSON F SANCHEZ has made 8 purchases buying 1,470 shares for an estimated $70,285 and 1 sale selling 100 shares for an estimated $4,731.
- RICHARD D MACDONALD purchased 511 shares for an estimated $24,996
- SHORAN R WILLIAMS purchased 123 shares for an estimated $6,061
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
MERCANTILE BANK Hedge Fund Activity
We have seen 94 institutional investors add shares of MERCANTILE BANK stock to their portfolio, and 54 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SEGALL BRYANT & HAMILL, LLC removed 110,482 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $4,915,344
- ASSENAGON ASSET MANAGEMENT S.A. removed 81,942 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $3,559,560
- MALTESE CAPITAL MANAGEMENT LLC added 67,500 shares (+inf%) to their portfolio in Q4 2024, for an estimated $3,003,075
- BANC FUNDS CO LLC removed 61,395 shares (-20.1%) from their portfolio in Q4 2024, for an estimated $2,731,463
- MILLENNIUM MANAGEMENT LLC added 46,559 shares (+54.0%) to their portfolio in Q4 2024, for an estimated $2,071,409
- JPMORGAN CHASE & CO added 40,175 shares (+48.8%) to their portfolio in Q4 2024, for an estimated $1,787,385
- TRIBUTARY CAPITAL MANAGEMENT, LLC added 40,055 shares (+16.2%) to their portfolio in Q4 2024, for an estimated $1,782,046
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.