Mercantile Bank Ownership | Who Owns Mercantile Bank?
Mercantile Bank Ownership Summary
Mercantile Bank is owned by 58.19% institutional investors, 3.94% insiders, and 37.87% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 10.01% of MBWM shares. Vanguard Total Stock Mkt Idx Inv is the top mutual fund, with 2.80% of its assets in Mercantile Bank shares.
MBWM Ownership Benchmark
| Type | Name | % Inst | % Insiders | % Retail |
|---|---|---|---|---|
| Stock | Mercantile Bank | 58.19% | 3.94% | 37.87% |
| Sector | Financial Services Stocks | 40.29% | 14.61% | 45.11% |
| Industry | Regional Banks Stocks | 42.21% | 12.07% | 45.72% |
Institutional Shareholders
Top Institutional Shareholders by Total Shares
| Holder | Shares | % Holding | Value |
|---|---|---|---|
| Blackrock funding, inc. /de | 1.62M | 10.01% | $71.87M |
| Blackrock | 1.56M | 9.69% | $63.39M |
| Dimensional fund advisors lp | 1.11M | 6.86% | $49.25M |
| Vanguard group | 869.78K | 5.39% | $38.70M |
| Renaissance | 510.81K | 3.17% | $22.73M |
| State street | 451.96K | 2.80% | $18.34M |
| American century companies | 389.95K | 2.42% | $17.35M |
| Geode capital management | 376.91K | 2.34% | $16.77M |
| North star asset management | 363.81K | 2.26% | $14.76M |
| Tributary capital management | 287.49K | 1.78% | $12.79M |
Top Institutional Shareholders by % of Total Assets
| Holder | Shares | % Assets | Value |
|---|---|---|---|
| John w. rosenthal capital management | 45.00K | 1.85% | $2.00M |
| Banc funds | 244.45K | 1.20% | $10.88M |
| Jvl associates | 62.03K | 1.05% | $2.76M |
| Tributary capital management | 287.49K | 0.99% | $12.79M |
| North star asset management | 363.81K | 0.70% | $14.76M |
| Round hill asset management | 19.41K | 0.61% | $863.42K |
| De lisle partners llp | 71.29K | 0.47% | $3.18M |
| Maltese capital management | 67.50K | 0.46% | $3.00M |
| Lafleur & godfrey | 35.28K | 0.22% | $1.57M |
| Cornercap investment counsel | 14.21K | 0.20% | $632.02K |
Top Buyers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Maltese capital management | 67.50K | 0.46% | 67.50K |
| Blackrock | 1.56M | 0.00% | 59.13K |
| Millennium management | 132.78K | 0.00% | 46.56K |
| Jpmorgan chase | 122.53K | 0.00% | 40.17K |
| Tributary capital management | 287.49K | 0.99% | 40.05K |
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 |
|---|---|---|---|---|
| Maltese capital management | 67.50K | 0.46% | 67.50K | $3.00M |
| Raymond james financial | 31.28K | 0.00% | 31.28K | $1.39M |
| Bailard | 14.80K | 0.02% | 14.80K | $658.50K |
| Susquehanna fundamental investments | 10.11K | 0.01% | 10.11K | $449.66K |
| Engineers gate manager lp | 9.57K | 0.01% | 9.57K | $425.95K |
Sold Out
| Holder | Change |
|---|---|
| Nelson, van denburg & campbell wealth management group | -2.00 |
| Innealta capital | -4.00 |
| First financial corp /in/ | -44.00 |
| Capital performance advisors llp | -175.00 |
| Gradient investments | -685.00 |
Institutional Ownership Trends
| Date | Holdings | Change % | Shares | Change % | Ownership | Change % | Increased Position | Change % | Decreased Position | Change % |
|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Jun 30, 2024 | 161 | 3.21% | 9,839,258 | 1.70% | 61 | 1.69% | 74 | - | 60 | 9.09% |
| Mar 31, 2024 | 156 | 9.09% | 9,674,422 | 2.42% | 60 | 1.73% | 74 | 4.23% | 55 | 27.91% |
| Dec 31, 2023 | 143 | 8.33% | 9,446,112 | 3.07% | 58 | 1.80% | 71 | 2.90% | 43 | 19.44% |
Top Mutual Funds Shareholders
| Holder | Shares | % Holding | Change |
|---|---|---|---|
| Vanguard Total Stock Mkt Idx Inv | 453.79K | 2.80% | 9.30K |
| Vanguard US Total Market Shares ETF | 451.49K | 2.78% | 998.00 |
| iShares Russell 2000 ETF | 445.17K | 2.74% | -3.85K |
| Avantis US Small Cap Value ETF | 345.27K | 2.13% | 280.00 |
| DFA US Small Cap Value I | 276.79K | 1.70% | -7.26K |
| Vanguard Institutional Extnd Mkt Idx Tr | 242.11K | 1.49% | 461.00 |
| Tributary Small Cap Equity | 210.14K | 1.29% | -23.00 |
| Tributary Small Company Instl | 172.16K | 1.06% | - |
| Fidelity Small Cap Index | 156.53K | 0.96% | -2.93K |
| ProShares Russell 2000 Dividend Growers | 155.36K | 0.96% | - |
Recent Insider Transactions
| Date | Name | Role | Activity | Value |
|---|---|---|---|---|
| Apr 02, 2025 | KAMINSKI ROBERT B | - | Sell | $10.79K |
| Mar 03, 2025 | KAMINSKI ROBERT B | - | Sell | $12.03K |
| Feb 26, 2025 | Sanchez Nelson F | - | Sell | $4.73K |
| Feb 26, 2025 | Sanchez Nelson F | - | Buy | $9.96K |
| Feb 05, 2025 | PRICE MICHAEL H | - | Sell | $308.50K |
Insider Transactions Trends
| Date | Buy | Sell |
|---|---|---|
| 2025 Q1 | 10 | 10 |
| 2024 Q4 | - | 5 |
| 2024 Q3 | - | 8 |
| 2024 Q2 | 4 | - |
| 2024 Q1 | 1 | - |
MBWM Ownership FAQ
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