Mercantile Bank Corporation
NASDAQ:MBWM · NASDAQ Global Select
+$0.31 today
Vol 0.20M · Avg 0.13M
Management
Put operating results in leadership context
Review returns on capital, executive background, insider transactions, and growth quality to judge whether management is compounding value well.
Return Metrics
ROE, ROIC & ROA over time
ROE
12.2%
avg 11.6%
ROIC
5.7%
avg 5.1%
ROA
1.3%
avg 1.2%
Analysis
ROE is currently the strongest return metric at 12.2% versus its period average of 11.6%. 0 of 3 return metrics are above their quality threshold, which helps indicate how efficiently the company turns capital and assets into profit.
Management
Key executives, compensation & ownership
| Name | Title | Compensation | Tenure | Age | Shares Owned | Ownership % |
|---|---|---|---|---|---|---|
Raymond E. Reitsma | President, Chief Executive Officer & Director | $1.30M | — | 63 | $64,270.00 | 0.37% |
Charles E. Christmas | Executive Vice President, Chief Financial Officer & Treasurer | $701,943.00 | — | 60 | $70,527.00 | 0.41% |
Mark S. Augustyn | Executive VP & Chief Commercial Banking Officer of the Mercantile Bank | $684,544.00 | — | 58 | $9,594.00 | 0.06% |
Scott Setlock | Executive Vice President, Chief Operating Officer & Secretary | $540,215.00 | — | 44 | $23,143.00 | 0.13% |
Brett Hoover | Executive Vice President & Chief Human Resource Officer | $440,606.00 | — | 55 | $18,520.00 | 0.11% |
David L. Miller | Senior Vice President and Training & Marketing Director of Mercantile Bank | — | — | 60 | $15,815.00 | 0.09% |
Douglas J. Holtrop | Executive Vice President & Senior Lending Officer of Mercantile Bank | — | — | — | — | — |
Douglas J. Ouellette | Senior Vice President & Chief Community Banking Officer of Mercantile Bank | — | — | 59 | — | — |
Justin Karl | Executive Vice President & Senior Lending Officer of Mercantile Bank | — | — | — | — | — |
Jeff Kaiser | Senior Vice President & Head of Risk Management Department | — | — | — | $14,808.00 | 0.09% |
Tara Randall | Executive VP & Chief Experience Officer of Mercantile Bank | — | — | — | $16,578.00 | 0.10% |
Sonali D. Allen | Senior Vice President and Chief Compliance & Community Development Officer of Mercantile Bank | — | — | — | — | — |
Insider Trading
SEC Form 4 transactions — last 12 months
Buys
3
$123,022.00
Sells
2
$209,798.77
Net Sentiment
$86,776.77
Net selling
Most Active
PRICE MICHAEL H
2 transactions
Analysis
Insiders reported 3 buys worth $123,022.00 and 2 sells worth $209,798.77 over the last 12 months. That adds up to net selling of $86,776.77. PRICE MICHAEL H was the most active insider with 2 transactions.
Growth Analysis
Historical CAGR & forward analyst estimates
| Metric | 10yr | 5yr | 3yr | Fwd Est. |
|---|---|---|---|---|
| EPS | N/A | N/A | +7.6% | +11.4% (12yr)5 analysts |
| Revenue | N/A | N/A | +23.6% | +7.2% (12yr)4 analysts |
| Net Income | N/A | N/A | +29.2% | +11.2% (12yr)4 analysts |
| EBIT | N/A | N/A | +28.8% | +7.7% (12yr)4 analysts |
Analysis
Recent growth has been strongest in Net Income at +29.2% over three years. Forward estimates point to EPS at +11.4% (12yr), giving you a quick check on whether expectations are accelerating or cooling.
Competitors
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Who manages MBWM?
Mercantile Bank Corporation (MBWM) lists 12 active executives. The top listed executive is Scott Setlock, Executive Vice President, Chief Operating Officer & Secretary.
Are MBWM insiders buying or selling?
Recent insider activity shows net selling of $4.48M.
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