MERCANTILE BANK ($MBWM) posted quarterly earnings results on Tuesday, October 21st. The company reported earnings of $1.46 per share, beating estimates of $1.40 by $0.06. The company also reported revenue of $62,390,000, missing estimates of $62,558,895 by $-168,895.
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 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $MBWM stock by insiders over the last 6 months:
- DAVID B RAMAKER purchased 1,500 shares for an estimated $70,065
- ROBERT B KAMINSKI sold 250 shares for an estimated $10,712
- SHORAN R WILLIAMS purchased 200 shares for an estimated $9,457
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
MERCANTILE BANK Hedge Fund Activity
We have seen 86 institutional investors add shares of MERCANTILE BANK stock to their portfolio, and 87 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 83,470 shares (-5.2%) from their portfolio in Q2 2025, for an estimated $3,873,842
- MILLENNIUM MANAGEMENT LLC added 81,707 shares (+123.2%) to their portfolio in Q2 2025, for an estimated $3,792,021
- JPMORGAN CHASE & CO added 65,823 shares (+73.1%) to their portfolio in Q2 2025, for an estimated $3,054,845
- AMERICAN CENTURY COMPANIES INC added 26,202 shares (+6.1%) to their portfolio in Q2 2025, for an estimated $1,216,034
- STATE STREET CORP removed 24,793 shares (-5.5%) from their portfolio in Q2 2025, for an estimated $1,150,643
- RENAISSANCE TECHNOLOGIES LLC removed 23,078 shares (-4.5%) from their portfolio in Q2 2025, for an estimated $1,071,049
- THRIVENT FINANCIAL FOR LUTHERANS removed 22,443 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $1,041,579
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
MERCANTILE BANK Analyst Ratings
Wall Street analysts have issued reports on $MBWM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Raymond James issued a "Outperform" rating on 07/24/2025
To track analyst ratings and price targets for MERCANTILE BANK, check out Quiver Quantitative's $MBWM forecast page.
MERCANTILE BANK Price Targets
Multiple analysts have issued price targets for $MBWM recently. We have seen 3 analysts offer price targets for $MBWM in the last 6 months, with a median target of $56.0.
Here are some recent targets:
- Daniel Tamayo from Raymond James set a target price of $55.0 on 07/24/2025
- Damon Delmonte from Keefe, Bruyette & Woods set a target price of $56.0 on 07/23/2025
- Nathan Race from Piper Sandler set a target price of $56.0 on 07/23/2025
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.
