Mercantile Bank Ownership | Who Owns Mercantile Bank?
Mercantile Bank Ownership Summary
Mercantile Bank is owned by 23.79% institutional investors, 3.05% insiders, and 73.15% retail investors. Blackrock is the largest institutional shareholder, holding 9.69% of MBWM shares. Vanguard Total Stock Mkt Idx Inv is the top mutual fund, with 2.87% of its assets in Mercantile Bank shares.
MBWM Ownership Benchmark
| Type | Name | % Inst | % Insiders | % Retail |
|---|---|---|---|---|
| Stock | Mercantile Bank | 23.79% | 3.05% | 73.15% |
| Sector | Financial Services Stocks | 37.05% | 15.56% | 47.39% |
| Industry | Regional Banks Stocks | 38.44% | 12.57% | 48.99% |
Institutional Shareholders
Top Institutional Shareholders by Total Shares
| Holder | Shares | % Holding | Value |
|---|---|---|---|
| Blackrock | 1.56M | 9.69% | $63.39M |
| Blackrock funding, inc. /de | 1.39M | 8.54% | $70.13M |
| Wellington management group llp | 1.19M | 7.31% | $60.05M |
| Vanguard group | 1.07M | 6.56% | $51.29M |
| Dimensional fund advisors lp | 1.03M | 6.35% | $52.16M |
| American century companies | 561.47K | 3.45% | $28.35M |
| State street | 502.47K | 3.09% | $25.37M |
| Renaissance | 472.21K | 2.90% | $23.85M |
| Geode capital management | 435.01K | 2.67% | $21.97M |
| North star asset management | 383.18K | 2.36% | $19.35M |
Top Institutional Shareholders by % of Total Assets
| Holder | Shares | % Assets | Value |
|---|---|---|---|
| John w. rosenthal capital management | 45.00K | 2.22% | $2.27M |
| Elizabeth park capital advisors | 50.97K | 1.98% | $2.57M |
| Banc funds | 131.16K | 1.23% | $6.62M |
| Jvl associates | 65.51K | 1.11% | $3.31M |
| Tributary capital management | 224.63K | 1.10% | $11.34M |
| Siena capital partners gp | 83.97K | 1.10% | $4.24M |
| North star asset management | 383.18K | 0.84% | $19.35M |
| Round hill asset management | 16.93K | 0.56% | $854.71K |
| Maltese capital management | 82.00K | 0.56% | $3.69M |
| De lisle partners llp | 75.65K | 0.46% | $3.83M |
Top Buyers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Wellington management group llp | 1.19M | 0.01% | 894.22K |
| Vanguard fiduciary trust | 110.26K | 0.00% | 110.26K |
| Northern trust | 232.60K | 0.00% | 65.60K |
| Two sigma investments, lp | 181.65K | 0.01% | 61.47K |
| Blackrock | 1.56M | 0.00% | 59.13K |
Top Sellers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Segall bryant & hamill | - | - | -110.48K |
| Stieven capital advisors | - | - | -96.20K |
| Oberweis asset management inc/ | - | - | -89.89K |
| Assenagon asset management | - | - | -81.94K |
| Hillsdale investment management | - | - | -72.15K |
New Positions
| Holder | Shares | % Assets | Change | Value |
|---|---|---|---|---|
| Vanguard fiduciary trust | 110.26K | 0.00% | 110.26K | $5.57M |
| Rmb capital management | 26.65K | 0.02% | 26.65K | $1.35M |
| Discipline wealth solutions | 19.83K | 0.11% | 19.83K | $1.00M |
| Susquehanna group, llp | 12.69K | 0.00% | 12.69K | $641.00K |
| Blair william & co/il | 12.19K | 0.00% | 12.19K | $615.54K |
Sold Out
| Holder | Change |
|---|---|
| Nelson, van denburg & campbell wealth management group | -2.00 |
| Clearstead advisors | -2.00 |
| Innealta capital | -4.00 |
| Aster capital management (difc) | -6.00 |
| Parkside financial bank & trust | -10.00 |
Institutional Ownership Trends
| Date | Holdings | Change % | Shares | Change % | Ownership | Change % | Increased Position | Change % | Decreased Position | Change % |
|---|---|---|---|---|---|---|---|---|---|---|
| Mar 31, 2026 | 93 | -51.56% | 4,101,542 | -61.94% | 23 | 0.54% | 45 | -42.31% | 23 | -71.95% |
| Dec 31, 2025 | 50 | -74.87% | 1,834,633 | -82.72% | 11 | 0.26% | 17 | -83.81% | 22 | -63.93% |
| Sep 30, 2025 | 75 | -59.68% | 3,349,313 | -66.69% | 20 | 0.54% | 37 | -55.95% | 21 | -67.19% |
| Jun 30, 2025 | 192 | -2.04% | 10,380,711 | -0.21% | 64 | 1.55% | 87 | -16.35% | 67 | 8.06% |
| Mar 31, 2025 | 194 | 8.38% | 10,381,346 | 1.05% | 64 | 1.58% | 104 | 2.97% | 60 | 33.33% |
Top Mutual Funds Shareholders
| Holder | Shares | % Holding | Change |
|---|---|---|---|
| Vanguard Total Stock Mkt Idx Inv | 494.84K | 2.87% | - |
| Vanguard US Total Market Shares ETF | 451.49K | 2.78% | 998.00 |
| Avantis US Small Cap Value ETF | 473.26K | 2.74% | - |
| iShares Russell 2000 ETF | 384.14K | 2.22% | 3.24K |
| DFA US Small Cap Value I | 233.92K | 1.35% | - |
| Vanguard Institutional Extnd Mkt Idx Tr | 193.01K | 1.12% | 14.14K |
| Tributary Small Cap Equity | 168.49K | 0.98% | -412.00 |
| Fidelity Small Cap Index | 155.72K | 0.90% | 2.10K |
| iShares Russell 2000 Value ETF | 143.13K | 0.83% | 770.00 |
| Tributary Small Company Instl | 134.07K | 0.78% | -571.00 |
Recent Insider Transactions
| Date | Name | Role | Activity | Value |
|---|---|---|---|---|
| Nov 13, 2025 | PRICE MICHAEL H | - | Sell | $144.89K |
| Nov 13, 2025 | PRICE MICHAEL H | - | Sell | $64.91K |
| Oct 31, 2025 | Sanchez Nelson F | - | Buy | $43.50K |
| Aug 18, 2025 | RAMAKER DAVID B | - | Buy | $70.06K |
| Jul 29, 2025 | Williams Shoran R | - | Buy | $9.46K |
Insider Transactions Trends
| Date | Buy | Sell |
|---|---|---|
| 2026 Q1 | - | - |
| 2025 Q4 | 1 | 2 |
| 2025 Q3 | 2 | - |
| 2025 Q2 | - | 2 |
| 2025 Q1 | 10 | 10 |
MBWM Ownership FAQ
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