• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Director Sanchez Nelson F bought $17,933 worth of shares (376 units at $47.69) (SEC Form 4)

    2/5/25 4:07:32 PM ET
    $MBWM
    Major Banks
    Finance
    Get the next $MBWM alert in real time by email
    SEC FORM 4 SEC Form 4
    FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
    or Section 30(h) of the Investment Company Act of 1940
    OMB APPROVAL
    OMB Number: 3235-0287
    Estimated average burden
    hours per response: 0.5
      
    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
      
    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
    1. Name and Address of Reporting Person*
    Sanchez Nelson F

    (Last) (First) (Middle)
    C/O MERCANTILE BANK CORPORATION
    310 LEONARD ST.

    (Street)
    GRAND RAPIDS MI 49504

    (City) (State) (Zip)
    2. Issuer Name and Ticker or Trading Symbol
    MERCANTILE BANK CORP [ MBWM ]
    5. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)
    X Director 10% Owner
    Officer (give title below) Other (specify below)
    3. Date of Earliest Transaction (Month/Day/Year)
    02/03/2025
    4. If Amendment, Date of Original Filed (Month/Day/Year)
    6. Individual or Joint/Group Filing (Check Applicable Line)
    X Form filed by One Reporting Person
    Form filed by More than One Reporting Person
    Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
    1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
    Code V Amount (A) or (D) Price
    Common Stock 02/03/2025 P 187 A $47.89 1,322 I IRA
    Common Stock 02/04/2025 P 189 A $47.5 1,511 I IRA
    Common Stock 2,316 D
    Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
    (e.g., puts, calls, warrants, options, convertible securities)
    1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
    Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
    Explanation of Responses:
    /s/ Adin J. Tarr, Attorney-in-Fact 02/05/2025
    ** Signature of Reporting Person Date
    Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
    * If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
    ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
    Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
    Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
    Get the next $MBWM alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $MBWM

    DatePrice TargetRatingAnalyst
    7/24/2025$55.00Mkt Perform → Outperform
    Raymond James
    1/22/2025$54.00Market Perform → Outperform
    Hovde Group
    5/8/2024Buy → Neutral
    Janney
    3/4/2024Outperform → Market Perform
    Hovde Group
    1/16/2024Neutral → Buy
    Janney
    3/7/2023$38.00 → $40.00Neutral → Overweight
    Piper Sandler
    1/18/2023Outperform → Mkt Perform
    Raymond James
    10/6/2022$44.00 → $35.00Strong Buy → Outperform
    Raymond James
    More analyst ratings

    $MBWM
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Mercantile Bank Corporation Announces Robust Second Quarter 2025 Results and Partnership with Eastern Michigan Financial Corporation

    Net interest income expansion, substantial noninterest income growth, and ongoing strength in asset quality metrics and capital levels highlight the quarter GRAND RAPIDS, Mich., July 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile") reported net income of $22.6 million, or $1.39 per diluted share, for the second quarter of 2025, compared with net income of $18.8 million, or $1.17 per diluted share, for the second quarter of 2024.  Net income during the first six months of 2025 totaled $42.2 million, or $2.60 per diluted share, compared with net income of $40.3 million, or $2.50 per diluted share, during the first six months of 2024.

    7/22/25 5:10:00 AM ET
    $MBWM
    Major Banks
    Finance

    Mercantile Bank Corporation and Eastern Michigan Financial Corporation Announce Definitive Merger Agreement

    Partnership strengthens Mercantile's position as Michigan's largest bank by total assets, enhances core deposit base and liquidity, and accelerates growth in key markets GRAND RAPIDS, Mich., July 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation ("Mercantile") (NASDAQ: MBWM) and Eastern Michigan Financial Corporation ("EFIN") (OTCID: EFIN) today jointly announced that they have entered into a definitive merger agreement pursuant to which EFIN and its wholly owned subsidiary, Eastern Michigan Bank ("Eastern"), will combine with Mercantile in a cash and stock transaction valued at approximately $95.8 million, as detailed below. Based on financial data as of June 30, 2025, the combined compa

    7/22/25 5:05:00 AM ET
    $MBWM
    Major Banks
    Finance

    Mercantile Bank Corporation Increases Regular Cash Dividend

    Board declares $0.38 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.1 percent GRAND RAPIDS, Mich., July 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile") announced today that on July 17, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.38 per common share, payable on September 17, 2025, to holders of record as of September 5, 2025. The $0.38 cash dividend represents increases of nearly 3 percent and 6 percent from the cash dividends paid during the second quarter of 2025 and third quarter of 2024, respectively.

    7/22/25 5:00:00 AM ET
    $MBWM
    Major Banks
    Finance

    $MBWM
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Ramaker David B bought $70,065 worth of shares (1,500 units at $46.71), increasing direct ownership by 11% to 15,014 units (SEC Form 4)

    4 - MERCANTILE BANK CORP (0001042729) (Issuer)

    8/19/25 5:52:32 PM ET
    $MBWM
    Major Banks
    Finance

    Director Williams Shoran R bought $9,457 worth of shares (200 units at $47.28), increasing direct ownership by 4% to 5,266 units (SEC Form 4)

    4 - MERCANTILE BANK CORP (0001042729) (Issuer)

    7/30/25 6:18:00 PM ET
    $MBWM
    Major Banks
    Finance

    Director Sanchez Nelson F bought $9,964 worth of shares (212 units at $47.00) and sold $4,731 worth of shares (100 units at $47.31), decreasing direct ownership by 4% to 2,216 units (SEC Form 4)

    4 - MERCANTILE BANK CORP (0001042729) (Issuer)

    2/28/25 7:00:08 PM ET
    $MBWM
    Major Banks
    Finance

    $MBWM
    SEC Filings

    View All

    SEC Form 10-Q filed by Mercantile Bank Corporation

    10-Q - MERCANTILE BANK CORP (0001042729) (Filer)

    8/1/25 8:11:39 AM ET
    $MBWM
    Major Banks
    Finance

    SEC Form 425 filed by Mercantile Bank Corporation

    425 - MERCANTILE BANK CORP (0001042729) (Subject)

    7/29/25 4:52:49 PM ET
    $MBWM
    Major Banks
    Finance

    Amendment: Mercantile Bank Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

    8-K/A - MERCANTILE BANK CORP (0001042729) (Filer)

    7/29/25 4:33:36 PM ET
    $MBWM
    Major Banks
    Finance

    $MBWM
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Mercantile Bank upgraded by Raymond James with a new price target

    Raymond James upgraded Mercantile Bank from Mkt Perform to Outperform and set a new price target of $55.00

    7/24/25 7:19:33 AM ET
    $MBWM
    Major Banks
    Finance

    Mercantile Bank upgraded by Hovde Group with a new price target

    Hovde Group upgraded Mercantile Bank from Market Perform to Outperform and set a new price target of $54.00

    1/22/25 7:42:03 AM ET
    $MBWM
    Major Banks
    Finance

    Mercantile Bank downgraded by Janney

    Janney downgraded Mercantile Bank from Buy to Neutral

    5/8/24 7:28:47 AM ET
    $MBWM
    Major Banks
    Finance

    $MBWM
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Ramaker David B bought $70,065 worth of shares (1,500 units at $46.71), increasing direct ownership by 11% to 15,014 units (SEC Form 4)

    4 - MERCANTILE BANK CORP (0001042729) (Issuer)

    8/19/25 5:52:32 PM ET
    $MBWM
    Major Banks
    Finance

    Director Williams Shoran R bought $9,457 worth of shares (200 units at $47.28), increasing direct ownership by 4% to 5,266 units (SEC Form 4)

    4 - MERCANTILE BANK CORP (0001042729) (Issuer)

    7/30/25 6:18:00 PM ET
    $MBWM
    Major Banks
    Finance

    Director Davenport Michael S. was granted 17 shares, increasing direct ownership by 0.20% to 8,685 units (SEC Form 4)

    4 - MERCANTILE BANK CORP (0001042729) (Issuer)

    7/21/25 5:13:38 PM ET
    $MBWM
    Major Banks
    Finance

    $MBWM
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by Mercantile Bank Corporation

    SC 13G/A - MERCANTILE BANK CORP (0001042729) (Subject)

    11/12/24 3:53:13 PM ET
    $MBWM
    Major Banks
    Finance

    Amendment: SEC Form SC 13G/A filed by Mercantile Bank Corporation

    SC 13G/A - MERCANTILE BANK CORP (0001042729) (Subject)

    11/4/24 1:19:13 PM ET
    $MBWM
    Major Banks
    Finance

    SEC Form SC 13G/A filed by Mercantile Bank Corporation (Amendment)

    SC 13G/A - MERCANTILE BANK CORP (0001042729) (Subject)

    2/9/24 9:59:15 AM ET
    $MBWM
    Major Banks
    Finance

    $MBWM
    Financials

    Live finance-specific insights

    View All

    Mercantile Bank Corporation Announces Robust Second Quarter 2025 Results and Partnership with Eastern Michigan Financial Corporation

    Net interest income expansion, substantial noninterest income growth, and ongoing strength in asset quality metrics and capital levels highlight the quarter GRAND RAPIDS, Mich., July 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile") reported net income of $22.6 million, or $1.39 per diluted share, for the second quarter of 2025, compared with net income of $18.8 million, or $1.17 per diluted share, for the second quarter of 2024.  Net income during the first six months of 2025 totaled $42.2 million, or $2.60 per diluted share, compared with net income of $40.3 million, or $2.50 per diluted share, during the first six months of 2024.

    7/22/25 5:10:00 AM ET
    $MBWM
    Major Banks
    Finance

    Mercantile Bank Corporation Increases Regular Cash Dividend

    Board declares $0.38 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.1 percent GRAND RAPIDS, Mich., July 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile") announced today that on July 17, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.38 per common share, payable on September 17, 2025, to holders of record as of September 5, 2025. The $0.38 cash dividend represents increases of nearly 3 percent and 6 percent from the cash dividends paid during the second quarter of 2025 and third quarter of 2024, respectively.

    7/22/25 5:00:00 AM ET
    $MBWM
    Major Banks
    Finance

    Mercantile Bank Corporation Announces Second Quarter 2025 Results Conference Call and Webcast

    GRAND RAPIDS, Mich., June 30, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) will host a conference call and webcast at 10 a.m. ET on Tuesday, July 22, 2025, to discuss second quarter 2025 financial results. The Company's second quarter 2025 earnings release will be released before markets open on Tuesday, July 22, 2025, and available in the "Investor Relations" section of the Company's website, ir.mercbank.com. Participants may access the live conference call on July 22, 2025, at 10 a.m. ET (9 a.m. CT) by dialing 1-844-868-8844 and requesting the "Mercantile B

    6/30/25 10:30:00 AM ET
    $MBWM
    Major Banks
    Finance

    $MBWM
    Leadership Updates

    Live Leadership Updates

    View All

    Mercantile Bank Corporation Announces Retirement of President and Chief Executive Officer Robert B. Kaminski, Jr.

    GRAND RAPIDS, Mich., Oct. 17, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile") announced today that President and Chief Executive Officer ("CEO") Robert B. Kaminski. Jr., intends to retire effective June 1, 2024. Mr. Kaminski will remain on the Board of Directors.   In conjunction with Mr. Kaminski's retirement, Raymond E. Reitsma will be appointed President and CEO of Mercantile effective June 1, 2024. Mr. Reitsma will continue to serve in his current role as Executive Vice President and Chief Operating Officer until June 1, 2024. Mr. Kaminski commented, "The management succession process is an ongoing responsibility which is v

    10/17/23 5:02:00 AM ET
    $MBWM
    Major Banks
    Finance

    Mercantile Appoints New Members to Bank Board of Directors

    GRAND RAPIDS, Mich., Dec. 1, 2022 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile"), announced today the appointments of Amy L. Sparks, CPA and Nelson F. Sanchez, CPA to the Bank's Board of Directors in the second half of 2022. "We are thrilled to welcome two new Directors who bring a wealth of experience in business, finance and manufacturing as we expand the diversification of perspectives across our Board. Amy's executive leadership of solidifying financial performance, organizational development, diversifying into new markets and increased employee e

    12/1/22 6:59:00 PM ET
    $MBWM
    Major Banks
    Finance