Mercantile Bank Corporation· MBWM

🇺🇸 US · SmallBroad USNASDAQ

Financial ServicesBanks - RegionalWebsite

Price: $61.93
Day: +1.99%
Mkt Cap: $1.07B
52W Range: $42.75 – $62.39
Volume: 169.5K
Beta: 0.81

D55D FrameworkQuarterly Data

Holdings Analysis

Insider activity, institutional flows, and fund ownership.

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stockoscope.com

Mercantile Bank Corporation

MBWM|Financial Services|Banks - Regional

Current price: $62

Smart Money

Dimension 5 of 5

Insider Activity, Q4 2025

Latest scored quarter, net flow, and top transactions by value

Net dollar flow-$166.3K

Net share flow-3.6K

Purchases1 ($43.5K)

Sales2 ($209.8K)

Top Notable Transactions

Insider

Type

Value

Date

SULLIVAN THOMAS R

Sale

$397.8K

Oct 20

PRICE MICHAEL H

Sale

$336.0K

Dec 12

PRICE MICHAEL H

Sale

$334.1K

Apr 25

Institutional Ownership, Q1 2026

Ownership share, position changes, share flow, and top holders

Ownership71.9%

13F share flow+12.2%

Investors holding199

+128 adding-76 reducing

100

New 28Inc 100Red 54Closed 22

Top Institutional Holders

Institution

Value

Change

BLACKROCK, INC.

$70.1M

-3.5%

WELLINGTON MANAGEMENT GROUP LLP

$60.0M

+303.3%

DIMENSIONAL FUND ADVISORS LP

$52.2M

+0.1%

AMERICAN CENTURY COMPANIES INC

$28.4M

+8.4%

ETF & Mutual Fund Activity, Q2 2026

Latest meaningful quarter: fund-by-fund buying / unchanged / selling

Funds reporting81

Total shares held3.1M

Share flow+7.7%

26 buying18 selling

Buying 26Unchanged 37Selling 18

Top Fund Holders

Fund

Weight

Change

AMERICAN CENTURY ETF TRUST

567.3K

0.23%

+49.3K

FIDELITY CONCORD STREET TRUST

157.0K

0.06%

+7.0K

VANGUARD SCOTTSDALE FUNDS

101.1K

0.00%

+9.5K

SCHWAB STRATEGIC TRUST

93.8K

0.03%

+4.8K

See the complete picture

The full 5D Framework: Business Quality · Peer Comparison · Valuation · Analyst Sentiment · Smart Money

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Generated August 5, 2026

For educational purposes only. Not financial advice. Data may be delayed or incomplete.

Smart Money Sentiment

MBWM Smart Money Sentiment Score

A weighted 1-5 sentiment score across three smart money signals.

Smart Money

4.5/5

Very Bullish

Weighted across 3 components

Component Breakdown (2 of 3 available)

Insider Activity

40% weight

Institutional Flow

50% weight

+82

Fund Flow

10% weight

+25

Overall Smart Money sentiment of 4.5/5 (Very Bullish) based on a weighted combination of 2 components. Insider activity uses a relative-baseline comparison against the stock's own history; institutional flow tracks position momentum and 13F share changes; fund flow measures ETF / mutual-fund buying vs selling. Higher scores indicate stronger bullish sentiment from professional investors.Last updated August 4, 2026.

Insider Trading Activity

Insider trading analysis comparing the latest quarter against the stock's own historical baseline.

Insider Activity for MBWM

Net insider share flow by quarter (C-suite & director purchases minus sales)

No Data

No recent insider signal

Most recent insider filing was Q4 2025.

Notable Recent Transactions, MBWM

Top 8 highest-value recent insider trades

SULLIVAN THOMAS R

Director

Sell

10,739 shares at $37.04

Oct 20, 2017$397.77K

PRICE MICHAEL H

CEO

Sell

9,551 shares at $35.18

Dec 12, 2016$336.00K

PRICE MICHAEL H

Director

Sell

9,535 shares at $35.04

Apr 25, 2017$334.11K

PRICE MICHAEL H

CEO

Sell

12,462 shares at $25.81

Aug 18, 2016$321.64K

PRICE MICHAEL H

Director

Sell

6,372 shares at $48.41

Feb 5, 2025$308.50K

KAMINSKI ROBERT B

Director

Sell

5,800 shares at $51.75

Nov 25, 2024$300.15K

PRICE MICHAEL H

CEO

Sell

11,520 shares at $24.99

Jul 28, 2016$287.85K

PRICE MICHAEL H

Director

Sell

5,000 shares at $47.08

Jul 19, 2024$235.40K

Institutional Ownership Analysis

Institutional ownership analysis with position momentum, 13F share flow, and ownership percentage trends.

Institutional Ownership Over Time for MBWM

Total dollar value invested by institutions each quarter

Very Bullish

Institutions accumulating in Q1 2026

71.9% institutional ownership

Moderate accumulation: 128 adding vs 76 reducing

13F shares increased by 7.8%, a significant shift

Momentum improving from prior quarter

Position Changes

Q2 2026: how are institutions adjusting their positions?

+34 growing-174 shrinkingNet: -140

159

New (11)

Increased (23)

Reduced (15)

Closed (159)

Top Institutional Holders, MBWM

Largest 8 institutional positions by ownership percentage as of Q2 2026

TRIBUTARY CAPITAL MANAGEMENT, LLC

218.1K

$12.5M

Ownership

1.27%

-2.9%

JVL ASSOCIATES LLC

67.2K

$3.9M

Ownership

0.39%

+2.6%

ENVESTNET ASSET MANAGEMENT INC

62.0K

$3.6M

Ownership

0.36%

-5.9%

ABUNDANCE WEALTH COUNSELORS

56.2K

$3.2M

Ownership

0.33%

+100.0%

JOHN W. ROSENTHAL CAPITAL MANAGEMENT, INC.

45.0K

$2.6M

Ownership

0.26%

No change

LAFLEUR & GODFREY LLC

30.6K

$1.8M

Ownership

0.18%

-2.9%

STATE OF NEW JERSEY COMMON PENSION FUND D

21.8K

$1.2M

Ownership

0.13%

+100.0%

DISCIPLINE WEALTH SOLUTIONS, LLC

19.8K

$1.1M

Ownership

0.12%

No change

ETF and Mutual Fund Holdings

ETF and mutual fund activity breakdown showing buying vs selling funds, top fund holders, and detailed holdings.

Fund Activity

Q2 2026: 81 ETFs and mutual funds reporting

26 buying18 sellingNet: +8

Buying (26)

Unchanged (37)

Selling (18)

Bullish Signal

Funds accumulating in Q2 2026

81 ETFs and mutual funds reporting

26 buying vs 18 selling (balanced)

Top Fund Holders, MBWM

Largest 8 ETF and mutual fund positions by shares held as of latest filing

AMERICAN CENTURY ETF TRUST

567.3K

Weight

0.23%

Increased

FIDELITY CONCORD STREET TRUST

157.0K

Weight

0.06%

Increased

VANGUARD SCOTTSDALE FUNDS

101.1K

Weight

0.00%

Increased

SCHWAB STRATEGIC TRUST

93.8K

Weight

0.03%

Increased

WisdomTree Trust

43.6K

Weight

0.00%

No change

VANGUARD WORLD FUND

25.0K

Weight

0.01%

Decreased

COLUMBIA FUNDS SERIES TRUST I

22.4K

Weight

0.00%

No change

FIDELITY COMMONWEALTH TRUST

10.1K

Weight

0.25%

Increased

Mercantile Bank Corporation· MBWM

Holdings Analysis

Insider Trading Activity

1.3Transaction History105Real market purchases and sales onlyShow All Types

Institutional Ownership Analysis

2.4Detailed Holdings69Most recent institutional positions with changes and valuations

ETF and Mutual Fund Holdings

3.3Fund Holdings Details25Most recent ETF and mutual fund holdings with share counts and weights

Search stocks

Holdings Analysis

Insider Trading Activity

1.3Transaction History105Real market purchases and sales onlyShow All Types

Institutional Ownership Analysis

2.4Detailed Holdings69Most recent institutional positions with changes and valuations

ETF and Mutual Fund Holdings

3.3Fund Holdings Details25Most recent ETF and mutual fund holdings with share counts and weights