Mercantile Bank Ownership | Who Owns Mercantile Bank?
Mercantile Bank Ownership Summary
Mercantile Bank is owned by 20.65% institutional investors, 3.25% insiders, and 76.10% 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 3.02% of its assets in Mercantile Bank shares.
MBWM Ownership Benchmark
| Type | Name | % Inst | % Insiders | % Retail |
|---|---|---|---|---|
| Stock | Mercantile Bank | 20.65% | 3.25% | 76.10% |
| Sector | Financial Services Stocks | 36.95% | 15.48% | 47.58% |
| Industry | Regional Banks Stocks | 38.26% | 12.54% | 49.20% |
Institutional Shareholders
Top Institutional Shareholders by Total Shares
| Holder | Shares | % Holding | Value |
|---|---|---|---|
| Blackrock | 1.56M | 9.69% | $63.39M |
| Blackrock funding, inc. /de | 1.43M | 8.83% | $64.44M |
| Dimensional fund advisors lp | 1.05M | 6.46% | $47.18M |
| Vanguard group | 1.04M | 6.41% | $46.75M |
| Tributary capital management | 497.40K | 3.07% | $22.38M |
| American century companies | 494.37K | 3.05% | $22.25M |
| Renaissance | 490.41K | 3.02% | $22.07M |
| State street | 470.72K | 2.90% | $21.18M |
| Geode capital management | 412.20K | 2.54% | $18.55M |
| North star asset management | 355.34K | 2.19% | $15.99M |
Top Institutional Shareholders by % of Total Assets
| Holder | Shares | % Assets | Value |
|---|---|---|---|
| John w. rosenthal capital management | 45.00K | 1.95% | $2.02M |
| Banc funds | 160.25K | 1.26% | $7.21M |
| Tributary capital management | 497.40K | 1.06% | $22.38M |
| Jvl associates | 61.93K | 0.92% | $2.79M |
| North star asset management | 355.34K | 0.65% | $15.99M |
| Maltese capital management | 82.00K | 0.56% | $3.69M |
| Semanteon capital management, lp | 9.86K | 0.56% | $443.61K |
| Round hill asset management | 18.61K | 0.55% | $837.32K |
| De lisle partners llp | 74.29K | 0.41% | $3.35M |
| Wakefield asset management lllp | 22.63K | 0.28% | $1.02M |
Top Buyers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Tributary capital management | 497.40K | 1.06% | 239.19K |
| Blackrock | 1.56M | 0.00% | 59.13K |
| Jpmorgan chase | 214.65K | 0.00% | 58.74K |
| Hotchkis & wiley capital management | 201.71K | 0.03% | 54.37K |
| Morgan stanley | 168.04K | 0.00% | 54.26K |
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 |
| Blackrock funding, inc. /de | 1.43M | 0.00% | -75.36K |
New Positions
| Holder | Shares | % Assets | Change | Value |
|---|---|---|---|---|
| Siena capital partners gp | 20.00K | 0.26% | 20.00K | $900.00K |
| Lvm capital management ltd/mi | 14.58K | 0.06% | 14.58K | $656.00K |
| Exoduspoint capital management, lp | 11.85K | 0.01% | 11.85K | $533.43K |
| Panagora asset management | 11.62K | 0.00% | 11.62K | $522.95K |
| Voleon capital management lp | 10.61K | 0.01% | 10.61K | $477.50K |
Sold Out
| Holder | Change |
|---|---|
| Nelson, van denburg & campbell wealth management group | -2.00 |
| Innealta capital | -4.00 |
| Twin peaks wealth advisors | -8.00 |
| Stephens consulting | -10.00 |
| Parkside financial bank & trust | -10.00 |
Institutional Ownership Trends
| Date | Holdings | Change % | Shares | Change % | Ownership | Change % | Increased Position | Change % | Decreased Position | Change % |
|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Dec 31, 2024 | 168 | 3.07% | 9,391,169 | -5.89% | 58 | 1.52% | 94 | 25.33% | 45 | -10.00% |
| Sep 30, 2024 | 163 | 0.62% | 9,978,859 | 1.42% | 61 | 1.66% | 75 | - | 50 | -16.67% |
Top Mutual Funds Shareholders
| Holder | Shares | % Holding | Change |
|---|---|---|---|
| Vanguard Total Stock Mkt Idx Inv | 490.32K | 3.02% | -9.86K |
| Vanguard US Total Market Shares ETF | 451.49K | 2.78% | 998.00 |
| iShares Russell 2000 ETF | 388.97K | 2.39% | - |
| Avantis US Small Cap Value ETF | 385.59K | 2.37% | 816.00 |
| DFA US Small Cap Value I | 254.83K | 1.57% | -9.42K |
| Tributary Small Cap Equity | 190.01K | 1.17% | -1.27K |
| Vanguard Institutional Extnd Mkt Idx Tr | 177.42K | 1.09% | -76.82K |
| Fidelity Small Cap Index | 159.87K | 0.98% | -1.33K |
| Tributary Small Company Instl | 155.98K | 0.96% | -1.66K |
| iShares Russell 2000 Value ETF | 140.75K | 0.87% | - |
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 |
|---|---|---|
| 2025 Q3 | 2 | - |
| 2025 Q2 | - | 2 |
| 2025 Q1 | 10 | 10 |
| 2024 Q4 | - | 5 |
| 2024 Q3 | - | 8 |
MBWM Ownership FAQ
Try Tickergate Pro Free
Customize Everything. 100% Flexibility. Fast and Easy to Use (No code or Excel Needed)
Customize your own personal stocks lists, views and charts
Choose from hundreds of fields, up to 15 years of history
Conduct deep comparison analysis
Discover trending investment themes
Find your next best investment
Research stocks using tools