Mercantile Bank Ownership 2024 | Who Owns Mercantile Bank Now?
Institutional Ownership
61.00%
Insider Ownership
3.28%
Retail Ownership
35.72%
Institutional Holders
158.00
Mercantile Bank Institutional Shareholders
Institutional Shareholders by % of Total Shares
| Name | % Total Shares | % Total Assets | Current Shares | Change Amount | Change % | Market Value | Date |
|---|---|---|---|---|---|---|---|
| BLACKROCK INC. | 9.69% | 0.00% | 1,562,417 | 59,132 | 3.93% | 63,387,260 | Jun 30, 2024 |
| DIMENSIONAL FUND ADVISORS LP | 7.12% | 0.01% | 1,148,421 | -13,821 | -1.19% | 46,590,409 | Jun 30, 2024 |
| VANGUARD GROUP INC | 5.20% | 0.00% | 837,552 | 32,218 | 4.00% | 33,979,485 | Jun 30, 2024 |
| RENAISSANCE TECHNOLOGIES LLC | 3.29% | 0.04% | 530,913 | 8,100 | 1.55% | 21,539,140 | Jun 30, 2024 |
| STATE STREET CORP | 2.80% | 0.00% | 451,956 | -190 | -0.04% | 18,335,855,000 | Jun 30, 2024 |
| NORTH STAR ASSET MANAGEMENT INC | 2.26% | 0.70% | 363,806 | 2,532 | 0.70% | 14,759,610 | Jun 30, 2024 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.25% | 0.00% | 362,777 | 14,444 | 4.15% | 14,720,729 | Jun 30, 2024 |
| BANC FUNDS CO LLC | 2.09% | 1.62% | 337,344 | -57,385 | -14.54% | 13,686,046 | Jun 30, 2024 |
| AMERICAN CENTURY COMPANIES INC | 1.92% | 0.01% | 308,849 | 47,528 | 18.19% | 12,530,004 | Jun 30, 2024 |
| LSV ASSET MANAGEMENT | 1.61% | 0.02% | 260,129 | 34,725 | 15.41% | 10,553,000 | Jun 30, 2024 |
| TRIBUTARY CAPITAL MANAGEMENT, LLC | 1.54% | 0.84% | 248,480 | 753 | 0.30% | 10,080,820 | Jun 30, 2024 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.17% | 0.00% | 187,911 | -10,505 | -5.29% | 7,623,549 | Jun 30, 2024 |
| NORTHERN TRUST CORP | 1.11% | 0.00% | 178,349 | -5,427 | -2.95% | 7,235,620,000 | Jun 30, 2024 |
| AQR CAPITAL MANAGEMENT LLC | 1.08% | 0.01% | 174,355 | 90,802 | 108.68% | 7,073,582 | Jun 30, 2024 |
| SEGALL BRYANT & HAMILL, LLC | 0.78% | 0.09% | 124,921 | 124,921 | 100.00% | 5,068,045 | Jun 30, 2024 |
| BANK OF NEW YORK MELLON CORP | 0.75% | 0.00% | 120,689 | 3,324 | 2.83% | 4,896,358 | Jun 30, 2024 |
| ALLIANZ ASSET MANAGEMENT GMBH | 0.73% | 0.01% | 118,375 | -456 | -0.38% | 4,802,474 | Jun 30, 2024 |
| MERCER GLOBAL ADVISORS INC /ADV | 0.70% | 0.01% | 112,377 | - | - | 4,559,126 | Jun 30, 2024 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.60% | 0.09% | 97,437 | 3,600 | 3.84% | 3,953,019 | Jun 30, 2024 |
| OBERWEIS ASSET MANAGEMENT INC/ | 0.56% | 0.22% | 89,891 | 563 | 0.63% | 3,646,883 | Jun 30, 2024 |
Mercantile Bank's largest institutional shareholder is BLACKROCK INC., holding 9.69% of the company's total share outstanding, currently valued at $63.39M. The top 10 institutional shareholders own together 38.24% of the company.
Institutional Shareholders by % of Total Assets
| Name | % Total Shares | % Total Assets | Current Shares | Change Amount | Change % | Market Value | Date |
|---|---|---|---|---|---|---|---|
| JOHN W. ROSENTHAL CAPITAL MANAGEMENT, INC. | 0.28% | 2.59% | 45,000 | - | - | 1,825,650 | Jun 30, 2024 |
| BANC FUNDS CO LLC | 2.09% | 1.62% | 337,344 | -57,385 | -14.54% | 13,686,046 | Jun 30, 2024 |
| JVL ASSOCIATES LLC | 0.38% | 1.01% | 62,015 | - | - | 2,515,949 | Jun 30, 2024 |
| TRIBUTARY CAPITAL MANAGEMENT, LLC | 1.54% | 0.84% | 248,480 | 753 | 0.30% | 10,080,820 | Jun 30, 2024 |
| NORTH STAR ASSET MANAGEMENT INC | 2.26% | 0.70% | 363,806 | 2,532 | 0.70% | 14,759,610 | Jun 30, 2024 |
| ROUND HILL ASSET MANAGEMENT | 0.12% | 0.50% | 19,407 | -800 | -3.96% | 787,342 | Jun 30, 2024 |
| DE LISLE PARTNERS LLP | 0.23% | 0.33% | 37,661 | - | - | 1,522,069 | Jun 30, 2024 |
| HILLSDALE INVESTMENT MANAGEMENT INC. | 0.45% | 0.23% | 72,146 | -6,900 | -8.73% | 2,926,963 | Jun 30, 2024 |
| OBERWEIS ASSET MANAGEMENT INC/ | 0.56% | 0.22% | 89,891 | 563 | 0.63% | 3,646,883 | Jun 30, 2024 |
| LAFLEUR & GODFREY LLC | 0.22% | 0.21% | 35,565 | -293 | -0.82% | 1,442,867 | Jun 30, 2024 |
| CORNERCAP INVESTMENT COUNSEL INC | 0.18% | 0.19% | 29,191 | -263 | -0.89% | 1,184,279 | Jun 30, 2024 |
| SHAKESPEARE WEALTH MANAGEMENT, INC. | 0.09% | 0.16% | 13,753 | -3,071 | -18.25% | 557,959 | Jun 30, 2024 |
| SEMANTEON CAPITAL MANAGEMENT, LP | 0.03% | 0.15% | 5,223 | -2,280 | -30.39% | 211,897 | Jun 30, 2024 |
| INSPIRE INVESTING, LLC | 0.18% | 0.14% | 29,820 | 20,465 | 218.76% | 1,209,797 | Jun 30, 2024 |
| CLARIVEST ASSET MANAGEMENT LLC | 0.15% | 0.10% | 24,250 | 796 | 3.39% | 983,823 | Jun 30, 2024 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.60% | 0.09% | 97,437 | 3,600 | 3.84% | 3,953,019 | Jun 30, 2024 |
| SEGALL BRYANT & HAMILL, LLC | 0.78% | 0.09% | 124,921 | 124,921 | 100.00% | 5,068,045 | Jun 30, 2024 |
| ENTRYPOINT CAPITAL, LLC | 0.01% | 0.07% | 1,234 | 1,223 | 11118.18% | 50,063 | Jun 30, 2024 |
| WELL DONE, LLC | 0.04% | 0.05% | 6,114 | -10 | -0.16% | 248,045 | Jun 30, 2024 |
| EMC CAPITAL MANAGEMENT | 0.01% | 0.04% | 1,877 | - | - | 76,000 | Jun 30, 2024 |
The largest Mercantile Bank shareholder by % of total assets is JOHN W. ROSENTHAL CAPITAL MANAGEMENT, INC.. The company owns 45.00K shares of Mercantile Bank (MBWM), representing 2.59% of its total assets.
Institutional Buyers
| Name | % Total Shares | % Total Assets | Current Shares | Change Amount | Change % | Market Value | Date |
|---|---|---|---|---|---|---|---|
| SEGALL BRYANT & HAMILL, LLC | 0.78% | 0.09% | 124,921 | 124,921 | 100.00% | 5,068,045 | Jun 30, 2024 |
| AQR CAPITAL MANAGEMENT LLC | 1.08% | 0.01% | 174,355 | 90,802 | 108.68% | 7,073,582 | Jun 30, 2024 |
| BLACKROCK INC. | 9.69% | 0.00% | 1,562,417 | 59,132 | 3.93% | 63,387,260 | Jun 30, 2024 |
| AMERICAN CENTURY COMPANIES INC | 1.92% | 0.01% | 308,849 | 47,528 | 18.19% | 12,530,004 | Jun 30, 2024 |
| LSV ASSET MANAGEMENT | 1.61% | 0.02% | 260,129 | 34,725 | 15.41% | 10,553,000 | Jun 30, 2024 |
| VANGUARD GROUP INC | 5.20% | 0.00% | 837,552 | 32,218 | 4.00% | 33,979,485 | Jun 30, 2024 |
| MILLENNIUM MANAGEMENT LLC | 0.35% | 0.00% | 57,138 | 24,349 | 74.26% | 2,318,089 | Jun 30, 2024 |
| INSPIRE INVESTING, LLC | 0.18% | 0.14% | 29,820 | 20,465 | 218.76% | 1,209,797 | Jun 30, 2024 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.25% | 0.00% | 362,777 | 14,444 | 4.15% | 14,720,729 | Jun 30, 2024 |
| GSA CAPITAL PARTNERS LLP | 0.09% | 0.04% | 14,272 | 14,272 | 100.00% | 579,000 | Jun 30, 2024 |
| TWO SIGMA INVESTMENTS, LP | 0.14% | 0.00% | 23,167 | 11,327 | 95.67% | 939,885 | Jun 30, 2024 |
| LAZARD ASSET MANAGEMENT LLC | 0.07% | 0.00% | 11,135 | 11,135 | 100.00% | 451,000 | Jun 30, 2024 |
| STATE OF WISCONSIN INVESTMENT BOARD | 0.07% | 0.00% | 11,111 | 11,111 | 100.00% | 450,773 | Jun 30, 2024 |
| QUBE RESEARCH & TECHNOLOGIES LTD | 0.14% | 0.00% | 22,282 | 11,103 | 99.32% | 903,980 | Jun 30, 2024 |
| UBS ASSET MANAGEMENT AMERICAS INC | 0.15% | 0.00% | 24,722 | 10,735 | 76.75% | 1,002,971 | Jun 30, 2024 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | 0.06% | 0.01% | 9,967 | 9,967 | 100.00% | 404,361 | Jun 30, 2024 |
| SG AMERICAS SECURITIES, LLC | 0.06% | 0.00% | 9,220 | 9,220 | 100.00% | 374,000 | Jun 30, 2024 |
| GOLDMAN SACHS GROUP INC | 0.43% | 0.00% | 69,874 | 8,902 | 14.60% | 2,834,801 | Jun 30, 2024 |
| COREBRIDGE FINANCIAL, INC. | 0.05% | 0.00% | 8,487 | 8,487 | 100.00% | 344,318 | Jun 30, 2024 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 0.05% | 0.00% | 8,135 | 8,135 | 100.00% | 330,037 | Jun 30, 2024 |
As of Jun 30 2024, Mercantile Bank's largest institutional buyer is SEGALL BRYANT & HAMILL, LLC. The company purchased 124.92K stocks of MBWM, valued at $5.07M.
Institutional Sellers
| Name | % Total Shares | % Total Assets | Current Shares | Change Amount | Change % | Market Value | Date |
|---|---|---|---|---|---|---|---|
| FIRST TRUST ADVISORS LP | 0.29% | 0.00% | 47,320 | -96,786 | -67.16% | 1,919,772 | Jun 30, 2024 |
| STIEVEN CAPITAL ADVISORS, L.P. | - | - | - | -96,196 | -100.00% | - | Jun 30, 2024 |
| BANC FUNDS CO LLC | 2.09% | 1.62% | 337,344 | -57,385 | -14.54% | 13,686,046 | Jun 30, 2024 |
| ASSENAGON ASSET MANAGEMENT S.A. | 0.29% | 0.00% | 46,551 | -23,090 | -33.16% | 1,888,574 | Jun 30, 2024 |
| JPMORGAN CHASE & CO | 0.38% | 0.00% | 60,946 | -18,520 | -23.31% | 2,472,579 | Jun 30, 2024 |
| DENALI ADVISORS LLC | - | - | - | -17,000 | -100.00% | - | Jun 30, 2024 |
| DIMENSIONAL FUND ADVISORS LP | 7.12% | 0.01% | 1,148,421 | -13,821 | -1.19% | 46,590,409 | Jun 30, 2024 |
| CERITY PARTNERS LLC | 0.06% | 0.00% | 9,212 | -13,479 | -59.40% | 373,732 | Jun 30, 2024 |
| MAN GROUP PLC | - | - | - | -13,058 | -100.00% | - | Jun 30, 2024 |
| BARCLAYS PLC | 0.10% | 0.00% | 16,558 | -10,783 | -39.44% | 672,000 | Jun 30, 2024 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.17% | 0.00% | 187,911 | -10,505 | -5.29% | 7,623,549 | Jun 30, 2024 |
| SHERBROOKE PARK ADVISERS LLC | - | - | - | -10,088 | -100.00% | - | Jun 30, 2024 |
| NEW YORK LIFE INVESTMENT MANAGEMENT LLC | - | - | - | -9,671 | -100.00% | - | Jun 30, 2024 |
| INVESCO LTD. | 0.29% | 0.00% | 46,791 | -9,025 | -16.17% | 1,898,311 | Jun 30, 2024 |
| RUSSELL INVESTMENTS GROUP, LTD. | 0.07% | 0.00% | 11,125 | -8,360 | -42.90% | 451,341 | Jun 30, 2024 |
| UBS GROUP AG | 0.07% | 0.00% | 10,728 | -8,130 | -43.11% | 435,235 | Jun 30, 2024 |
| AMERICAN INTERNATIONAL GROUP, INC. | - | - | - | -7,735 | -100.00% | - | Jun 30, 2024 |
| TEACHER RETIREMENT SYSTEM OF TEXAS | 0.10% | 0.00% | 16,269 | -7,568 | -31.75% | 660,000 | Jun 30, 2024 |
| Y-INTERCEPT (HONG KONG) LTD | - | - | - | -7,395 | -100.00% | - | Jun 30, 2024 |
| HILLSDALE INVESTMENT MANAGEMENT INC. | 0.45% | 0.23% | 72,146 | -6,900 | -8.73% | 2,926,963 | Jun 30, 2024 |
As of Jun 30 2024, Mercantile Bank's biggest institutional seller is FIRST TRUST ADVISORS LP. The company sold -96.79K shares of MBWM, valued at $1.92M.
Institutional New positions
| Name | % Total Shares | % Total Assets | Current Shares | Change Amount | Change % | Market Value | Date |
|---|---|---|---|---|---|---|---|
| SEGALL BRYANT & HAMILL, LLC | 0.78% | 0.09% | 124,921 | 124,921 | 100.00% | 5,068,045 | Jun 30, 2024 |
| GSA CAPITAL PARTNERS LLP | 0.09% | 0.04% | 14,272 | 14,272 | 100.00% | 579,000 | Jun 30, 2024 |
| STATE OF WISCONSIN INVESTMENT BOARD | 0.07% | 0.00% | 11,111 | 11,111 | 100.00% | 450,773 | Jun 30, 2024 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | 0.06% | 0.01% | 9,967 | 9,967 | 100.00% | 404,361 | Jun 30, 2024 |
| SG AMERICAS SECURITIES, LLC | 0.06% | 0.00% | 9,220 | 9,220 | 100.00% | 374,000 | Jun 30, 2024 |
| COREBRIDGE FINANCIAL, INC. | 0.05% | 0.00% | 8,487 | 8,487 | 100.00% | 344,318 | Jun 30, 2024 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 0.05% | 0.00% | 8,135 | 8,135 | 100.00% | 330,037 | Jun 30, 2024 |
| D. E. SHAW & CO., INC. | 0.05% | 0.00% | 7,355 | 7,355 | 100.00% | 298,392 | Jun 30, 2024 |
| EXODUSPOINT CAPITAL MANAGEMENT, LP | 0.04% | 0.00% | 5,800 | 5,800 | 100.00% | 235,000 | Jun 30, 2024 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 0.03% | - | 4,983 | 4,983 | 100.00% | 203,000 | Jun 30, 2024 |
| SWS PARTNERS | 0.01% | 0.02% | 1,311 | 1,311 | 100.00% | 53,219 | Jun 30, 2024 |
| CIBC PRIVATE WEALTH GROUP, LLC | 0.01% | 0.00% | 983 | 983 | 100.00% | 38,071 | Jun 30, 2024 |
| GRADIENT INVESTMENTS LLC | 0.00% | 0.00% | 685 | 685 | 100.00% | 27,790 | Jun 30, 2024 |
| SRS CAPITAL ADVISORS, INC. | 0.00% | 0.00% | 331 | 331 | 100.00% | 13,429 | Jun 30, 2024 |
| GLOBAL RETIREMENT PARTNERS, LLC | 0.00% | 0.00% | 55 | 55 | 100.00% | 2,231 | Jun 30, 2024 |
| SMARTLEAF ASSET MANAGEMENT LLC | 0.00% | 0.00% | 22 | 22 | 100.00% | 869 | Jun 30, 2024 |
| ROTHSCHILD INVESTMENT LLC | - | - | 5 | 5 | 100.00% | 203 | Jun 30, 2024 |
| INNEALTA CAPITAL, LLC | - | 0.00% | 4 | 4 | 100.00% | 163 | Jun 30, 2024 |
Mercantile Bank's largest new institutional shareholder by number of shares is SEGALL BRYANT & HAMILL, LLC, purchased 124.92K shares, valued at $5.07M, as of undefined.
Institutional Sold Out
| Name | % Total Shares | % Total Assets | Current Shares | Change Amount | Change % | Market Value | Date |
|---|---|---|---|---|---|---|---|
| STIEVEN CAPITAL ADVISORS, L.P. | - | - | - | -96,196 | -100.00% | - | Jun 30, 2024 |
| DENALI ADVISORS LLC | - | - | - | -17,000 | -100.00% | - | Jun 30, 2024 |
| MAN GROUP PLC | - | - | - | -13,058 | -100.00% | - | Jun 30, 2024 |
| SHERBROOKE PARK ADVISERS LLC | - | - | - | -10,088 | -100.00% | - | Jun 30, 2024 |
| NEW YORK LIFE INVESTMENT MANAGEMENT LLC | - | - | - | -9,671 | -100.00% | - | Jun 30, 2024 |
| AMERICAN INTERNATIONAL GROUP, INC. | - | - | - | -7,735 | -100.00% | - | Jun 30, 2024 |
| Y-INTERCEPT (HONG KONG) LTD | - | - | - | -7,395 | -100.00% | - | Jun 30, 2024 |
| JUMP FINANCIAL, LLC | - | - | - | -5,810 | -100.00% | - | Jun 30, 2024 |
| MML INVESTORS SERVICES, LLC | - | - | - | -5,336 | -100.00% | - | Jun 30, 2024 |
| ACADIAN ASSET MANAGEMENT LLC | - | - | - | -4,158 | -100.00% | - | Jun 30, 2024 |
| QUANTBOT TECHNOLOGIES LP | - | - | - | -2,105 | -100.00% | - | Jun 30, 2024 |
| AQUATIC CAPITAL MANAGEMENT LLC | - | - | - | -1,600 | -100.00% | - | Jun 30, 2024 |
| METROPOLITAN LIFE INSURANCE CO/NY | - | - | - | -879 | -100.00% | - | Jun 30, 2024 |
| FIRST FINANCIAL CORP /IN/ | - | - | - | -44 | -100.00% | - | Jun 30, 2024 |
| IFP ADVISORS, INC | - | - | - | -23 | -100.00% | - | Jun 30, 2024 |
| COVESTOR LTD | - | - | - | -13 | -100.00% | - | Jun 30, 2024 |
| NELSON, VAN DENBURG & CAMPBELL WEALTH MANAGEMENT GROUP, LLC | - | - | - | -2 | -100.00% | - | Jun 30, 2024 |
Mercantile Bank's largest sold out institutional shareholder by shares sold is STIEVEN CAPITAL ADVISORS, L.P., sold -96.20K shares, valued at -, as of undefined.
Mercantile Bank Mutual Fund Holders
| Name | % Total Assets | Total Shares | Change Amount | Change % | Date |
|---|---|---|---|---|---|
| CORNERCAP GROUP OF FUNDS /VA/ | 0.20% | 14,206 | - | - | Sep 30, 2022 |
| Zacks Trust | 0.08% | 7,240 | 7,240 | - | Feb 29, 2024 |
| OBERWEIS FUNDS | 0.06% | 66,000 | 4,200 | 6.80% | Mar 31, 2024 |
| Tributary Funds, Inc. | 0.04% | 206,954 | -3,329 | -1.58% | Dec 31, 2023 |
| BlackRock Advantage SMID Cap Fund, Inc. | 0.03% | 5,299 | - | - | Mar 28, 2024 |
| VANGUARD VALLEY FORGE FUNDS | 0.02% | 11,852 | - | - | Mar 31, 2024 |
| BRIDGEWAY FUNDS INC | 0.02% | 47,300 | - | - | Mar 28, 2024 |
| Vericimetry Funds | 0.02% | 1,560 | - | - | Mar 31, 2024 |
| FIRST TRUST EXCHANGE-TRADED FUND VI | 0.02% | 94,470 | 35,001 | 58.86% | Mar 31, 2024 |
| SSGA FUNDS | 0.01% | 4,881 | - | - | Feb 29, 2024 |
| AMG Funds I | 0.01% | 18,750 | - | - | Jan 31, 2024 |
| FIRST TRUST EXCHANGE-TRADED FUND | 0.00% | 49,636 | 830 | 1.70% | Mar 31, 2024 |
| IndexIQ ETF Trust | 0.00% | 10,714 | -669 | -5.88% | Jan 31, 2024 |
| QUANTITATIVE MASTER SERIES LLC | 0.00% | 27,968 | -1,116 | -3.84% | Mar 31, 2024 |
| FORUM FUNDS II | 0.00% | 4,162 | 44 | 1.07% | Mar 31, 2024 |
| DEUTSCHE DWS INVESTMENTS VIT FUNDS | 0.00% | 2,420 | - | - | Mar 31, 2024 |
| SCHWAB CAPITAL TRUST | 0.00% | 122,865 | - | - | Jan 31, 2024 |
| TIAA SEPARATE ACCOUNT VA 1 | 0.00% | 640 | - | - | Mar 31, 2024 |
| AMERICAN CENTURY ETF TRUST | 0.00% | 240,626 | 54,627 | 29.37% | Feb 29, 2024 |
| VANGUARD INDEX FUNDS | 0.00% | 656,850 | -189,828 | -22.42% | Mar 31, 2024 |
| HOTCHKIS & WILEY FUNDS /DE/ | 0.00% | 19,400 | -11,900 | -38.02% | Mar 31, 2024 |
| Legg Mason ETF Investment Trust | 0.00% | 3,031 | 1,021 | 50.80% | Mar 31, 2024 |
| ADVISORS' INNER CIRCLE FUND | 0.00% | 22,500 | 10,822 | 92.67% | Jan 31, 2024 |
| DFA INVESTMENT DIMENSIONS GROUP INC | 0.00% | 925,990 | 92,636 | 11.12% | Jan 31, 2024 |
| GOLDMAN SACHS VARIABLE INSURANCE TRUST | 0.00% | 3,206 | - | - | Mar 31, 2024 |
| JNL VARIABLE FUND LLC | 0.00% | 4,094 | -1,313 | -24.28% | Mar 31, 2020 |
| FIDELITY CONCORD STREET TRUST | 0.00% | 141,588 | 6,170 | 4.56% | Feb 29, 2024 |
| Managed Portfolio Series | 0.00% | 14,206 | - | - | Mar 31, 2024 |
| Calvert Variable Products, Inc. | 0.00% | 1,548 | - | - | Mar 31, 2024 |
| Fidelity Commonwealth Trust II | 0.00% | 3,473 | - | - | Aug 31, 2023 |
| UNIFIED SERIES TRUST | 0.00% | 7,800 | - | - | Mar 31, 2024 |
| Principal Exchange-Traded Funds | 0.00% | 5,914 | 2,802 | 90.04% | Mar 31, 2024 |
| Dimensional ETF Trust | 0.00% | 209,413 | 10,084 | 5.06% | Jan 31, 2024 |
| RBC FUNDS TRUST | 0.00% | 48,013 | -7,920 | -14.16% | Mar 28, 2024 |
| VICTORY PORTFOLIOS | 0.00% | 10,360 | - | - | Mar 31, 2024 |
| VANGUARD HORIZON FUNDS | 0.00% | 7,760 | 7,760 | - | Mar 31, 2024 |
| VANGUARD INSTITUTIONAL INDEX FUNDS | 0.00% | 9,710 | -736 | -7.05% | Mar 31, 2024 |
| NEW COVENANT FUNDS | 0.00% | 1,349 | - | - | Dec 31, 2023 |
| Voya VARIABLE PORTFOLIOS INC | 0.00% | 9,881 | -1,603 | -13.96% | Mar 31, 2024 |
| DIMENSIONAL INVESTMENT GROUP INC | 0.00% | 4,422 | - | - | Jan 31, 2024 |
| SunAmerica Specialty Series | 0.00% | 130 | - | - | Apr 30, 2021 |
| STERLING CAPITAL FUNDS | 0.00% | 5,209 | - | - | Mar 28, 2024 |
| PFM Multi-Manager Series Trust | 0.00% | 200 | - | - | Dec 31, 2023 |
| VARIABLE INSURANCE PRODUCTS FUND II | 0.00% | 2,744 | 50 | 1.86% | Mar 31, 2024 |
| NORTHERN FUNDS | 0.00% | 31,323 | -6,399 | -16.96% | Mar 28, 2024 |
| Meeder Funds | 0.00% | 1,037 | - | - | Mar 31, 2024 |
| GPS Funds I | 0.00% | 1,080 | - | - | Mar 31, 2024 |
| Forethought Variable Insurance Trust | 0.00% | 851 | - | - | Mar 28, 2024 |
| INVESCO EXCHANGE-TRADED FUND TRUST | 0.00% | 16,157 | 18 | 0.11% | Jan 31, 2024 |
| THRIVENT SERIES FUND INC | 0.00% | 21,357 | 9,426 | 79.00% | Mar 28, 2024 |
| FIDELITY COVINGTON TRUST | 0.00% | 3,435 | -38 | -1.09% | Mar 31, 2024 |
| AdvisorShares Trust | 0.00% | 684 | - | - | Mar 28, 2024 |
| Aspiriant Trust | 0.00% | 1,711 | - | - | Dec 31, 2023 |
| Global X Funds | 0.00% | 6,846 | - | - | Jan 31, 2024 |
| STATE STREET VARIABLE INSURANCE SERIES FUNDS INC | 0.00% | 699 | -90 | -11.41% | Mar 31, 2024 |
| THRIVENT MUTUAL FUNDS | 0.00% | 12,628 | 8,016 | 173.81% | Jan 31, 2024 |
| SCHWAB STRATEGIC TRUST | 0.00% | 76,215 | 2,389 | 3.24% | Feb 29, 2024 |
| SA FUNDS INVESTMENT TRUST | 0.00% | 1,601 | - | - | Mar 31, 2024 |
| VANGUARD WORLD FUND | 0.00% | 23,450 | -1,056 | -4.31% | Feb 29, 2024 |
| Invesco Exchange-Traded Self-Indexed Fund Trust | 0.00% | 20,245 | 16,454 | 434.03% | Feb 29, 2024 |
| STATE STREET INSTITUTIONAL INVESTMENT TRUST | 0.00% | 5,500 | 500 | 10.00% | Mar 31, 2024 |
| TIAA-CREF LIFE FUNDS | 0.00% | 226 | - | - | Mar 31, 2024 |
| NATIONWIDE VARIABLE INSURANCE TRUST | 0.00% | 9,921 | - | - | Mar 31, 2024 |
| Goldman Sachs ETF Trust | 0.00% | 7,206 | -74 | -1.02% | Feb 29, 2024 |
| JPMORGAN INSURANCE TRUST | 0.00% | 939 | -61 | -6.10% | Mar 31, 2023 |
| Northern Lights Fund Trust IV | 0.00% | 21,840 | - | - | Jan 31, 2024 |
| MAINSTAY VP FUNDS TRUST | 0.00% | 7,600 | - | - | Mar 31, 2024 |
| VALIC Co II | 0.00% | 2,000 | - | - | Feb 28, 2021 |
| LAZARD FUNDS INC | 0.00% | 2,119 | - | - | Mar 31, 2024 |
| MASTER INVESTMENT PORTFOLIO | 0.00% | 4,500 | 2,511 | 126.24% | Mar 31, 2024 |
| ALLIANZ VARIABLE INSURANCE PRODUCTS TRUST | 0.00% | 2,550 | - | - | Dec 31, 2023 |
| Direxion Shares ETF Trust | 0.00% | 6,674 | 1,232 | 22.64% | Jan 31, 2024 |
| T. Rowe Price Index Trust, Inc. | 0.00% | 983 | 73 | 8.02% | Mar 31, 2024 |
| VALIC Co I | 0.00% | 11,807 | 438 | 3.85% | Feb 29, 2024 |
| iSHARES TRUST | 0.00% | 619,408 | -68,976 | -10.02% | Mar 31, 2024 |
| EQ ADVISORS TRUST | 0.00% | 41,751 | 3,451 | 9.01% | Mar 31, 2024 |
| VANGUARD SCOTTSDALE FUNDS | 0.00% | 69,105 | 7,379 | 11.95% | Feb 29, 2024 |
| RYDEX SERIES FUNDS | 0.00% | 143 | - | - | Dec 31, 2023 |
| WisdomTree Trust | 0.00% | 63,956 | -1,044 | -1.61% | Mar 31, 2024 |
| DFA INVESTMENT TRUST CO | 0.00% | 4,422 | - | - | Jan 31, 2024 |
| FLEXSHARES TRUST | 0.00% | 2,158 | -52 | -2.35% | Jan 31, 2024 |
| ALLSPRING MASTER TRUST | 0.00% | 1,324 | - | - | Feb 29, 2024 |
| Voya INVESTORS TRUST | 0.00% | 1,038 | -77 | -6.91% | Mar 31, 2024 |
| RBB FUND, INC. | 0.00% | 1,784 | - | - | Feb 29, 2024 |
| NATIONWIDE MUTUAL FUNDS | 0.00% | 2,399 | -13 | -0.54% | Jan 31, 2024 |
| MAINSTAY FUNDS TRUST | 0.00% | 3,700 | - | - | Jan 31, 2024 |
| JPMORGAN TRUST II | 0.00% | 17,206 | - | - | Feb 29, 2024 |
| RYDEX DYNAMIC FUNDS | 0.00% | 71 | - | - | Dec 31, 2023 |
| PENN SERIES FUNDS INC | 0.00% | 500 | - | - | Mar 28, 2024 |
| NORTHERN LIGHTS FUND TRUST II | 0.00% | 180 | -390 | -68.42% | Mar 31, 2024 |
| Guggenheim Active Allocation Fund | 0.00% | 92 | - | - | Feb 29, 2024 |
| SEASONS SERIES TRUST | 0.00% | 346 | -19 | -5.21% | Mar 31, 2024 |
| OLD WESTBURY FUNDS INC | 0.00% | 1,781 | - | - | Jan 31, 2024 |
| HC CAPITAL TRUST | 0.00% | 430 | - | - | Mar 31, 2024 |
| RUSSELL INVESTMENT CO | 0.00% | 3,947 | - | - | Jan 31, 2024 |
| ProFunds | 0.00% | 122 | -11 | -8.27% | Mar 31, 2024 |
| LINCOLN VARIABLE INSURANCE PRODUCTS TRUST | 0.00% | 24,972 | -82 | -0.33% | Mar 31, 2024 |
| TIAA-CREF FUNDS | 0.00% | 30,424 | - | - | Jan 31, 2024 |
| PROSHARES TRUST | 0.00% | 2,300 | 272 | 13.41% | Feb 29, 2024 |
| USAA MUTUAL FUNDS TRUST | 0.00% | 2,064 | 374 | 22.13% | Jan 31, 2024 |
Mercantile Bank's largest mutual fund holder by % of total assets is "CORNERCAP GROUP OF FUNDS /VA/", owning 14.21K shares, compromising 0.20% of its total assets.
Mercantile Bank Institutional Ownership Trends
Institutional Holdings Trend
| Date | Holdings | Change % |
|---|---|---|
| 30 Jun, 24 | 158 | 1.28% |
| 31 Mar, 24 | 156 | 9.09% |
| 31 Dec, 23 | 143 | 8.33% |
| 30 Sep, 23 | 132 | 10.00% |
| 30 Jun, 23 | 120 | -5.51% |
| 31 Mar, 23 | 127 | -2.31% |
| 31 Dec, 22 | 130 | 5.69% |
| 30 Sep, 22 | 123 | -3.15% |
| 30 Jun, 22 | 127 | 5.83% |
| 31 Mar, 22 | 120 | 1.69% |
| 31 Dec, 21 | 118 | 1.72% |
| 30 Sep, 21 | 116 | 3.57% |
| 30 Jun, 21 | 112 | -4.27% |
| 31 Mar, 21 | 117 | 13.59% |
| 31 Dec, 20 | 103 | 8.42% |
| 30 Sep, 20 | 95 | -4.04% |
| 30 Jun, 20 | 99 | 2.06% |
| 31 Mar, 20 | 97 | -14.16% |
| 31 Dec, 19 | 113 | 3.67% |
| 30 Sep, 19 | 109 | 1.87% |
| 30 Jun, 19 | 107 | 4.90% |
| 31 Mar, 19 | 102 | -3.77% |
| 31 Dec, 18 | 106 | - |
| 30 Sep, 18 | 106 | 0.95% |
| 30 Jun, 18 | 105 | -1.87% |
| 31 Mar, 18 | 107 | 10.31% |
| 31 Dec, 17 | 97 | 6.59% |
| 30 Sep, 17 | 91 | 2.25% |
| 30 Jun, 17 | 89 | -6.32% |
| 31 Mar, 17 | 95 | 3.26% |
| 31 Dec, 16 | 92 | 10.84% |
| 30 Sep, 16 | 83 | -4.60% |
| 30 Jun, 16 | 87 | 16.00% |
| 31 Mar, 16 | 75 | -1.32% |
| 31 Dec, 15 | 76 | 1.33% |
| 30 Sep, 15 | 75 | 13.64% |
| 30 Jun, 15 | 66 | 8.20% |
| 31 Mar, 15 | 61 | -4.69% |
| 31 Dec, 14 | 64 | -1.54% |
| 30 Sep, 14 | 65 | -5.80% |
| 30 Jun, 14 | 69 | 21.05% |
| 31 Mar, 14 | 57 | 1.79% |
| 31 Dec, 13 | 56 | 1.82% |
| 30 Sep, 13 | 55 | 1.85% |
| 30 Jun, 13 | 54 | 260.00% |
| 31 Mar, 13 | 15 | -16.67% |
| 31 Dec, 12 | 18 | 5.88% |
| 30 Sep, 12 | 17 | 6.25% |
| 30 Jun, 12 | 16 | 77.78% |
| 31 Mar, 12 | 9 | -25.00% |
| 31 Dec, 11 | 12 | 20.00% |
| 30 Sep, 11 | 10 | 25.00% |
| 30 Jun, 11 | 8 | 60.00% |
| 31 Mar, 11 | 5 | -16.67% |
| 31 Dec, 10 | 6 | - |
| 30 Sep, 10 | 6 | -14.29% |
| 30 Jun, 10 | 7 | -22.22% |
| 31 Mar, 10 | 9 | 12.50% |
| 31 Dec, 09 | 8 | -11.11% |
| 30 Sep, 09 | 9 | 50.00% |
| 30 Jun, 09 | 6 | -25.00% |
| 31 Mar, 09 | 8 | - |
| 31 Dec, 08 | 8 | -20.00% |
| 30 Sep, 08 | 10 | 11.11% |
| 30 Jun, 08 | 9 | -30.77% |
| 31 Mar, 08 | 13 | -23.53% |
| 31 Dec, 07 | 17 | 21.43% |
| 30 Sep, 07 | 14 | 16.67% |
| 30 Jun, 07 | 12 | -25.00% |
| 31 Mar, 07 | 16 | -27.27% |
| 31 Dec, 06 | 22 | 10.00% |
| 30 Sep, 06 | 20 | 11.11% |
| 30 Jun, 06 | 18 | -14.29% |
| 31 Mar, 06 | 21 | 40.00% |
| 31 Dec, 05 | 15 | 7.14% |
| 30 Sep, 05 | 14 | -17.65% |
| 30 Jun, 05 | 17 | -5.56% |
| 31 Mar, 05 | 18 | 63.64% |
| 31 Dec, 04 | 11 | -15.38% |
| 30 Sep, 04 | 13 | -7.14% |
| 30 Jun, 04 | 14 | 27.27% |
| 31 Mar, 04 | 11 | 22.22% |
| 31 Dec, 03 | 9 | - |
| 30 Sep, 03 | 9 | 50.00% |
| 30 Jun, 03 | 6 | - |
| 31 Mar, 03 | 6 | 20.00% |
| 31 Dec, 02 | 5 | 25.00% |
| 30 Sep, 02 | 4 | 100.00% |
| 30 Jun, 02 | 2 | -50.00% |
| 31 Mar, 02 | 4 | 100.00% |
| 31 Dec, 01 | 2 | 100.00% |
| 30 Sep, 01 | 1 | - |
| 31 Mar, 01 | 1 | - |
As of 30 Jun 24, 158 institutions are holding Mercantile Bank's shares, representing an increase of 1.28% compared to the previous quarter.
Shares Outstanding Trend
| Date | Shares Outstanding | Change % |
|---|---|---|
| 30 Jun, 24 | 9,832,584 | 1.63% |
| 31 Mar, 24 | 9,674,422 | 2.42% |
| 31 Dec, 23 | 9,446,112 | 3.07% |
| 30 Sep, 23 | 9,165,148 | 1.23% |
| 30 Jun, 23 | 9,053,868 | -0.44% |
| 31 Mar, 23 | 9,094,159 | 1.41% |
| 31 Dec, 22 | 8,967,907 | 1.87% |
| 30 Sep, 22 | 8,802,962 | -0.63% |
| 30 Jun, 22 | 8,859,166 | 2.08% |
| 31 Mar, 22 | 8,678,562 | 2.45% |
| 31 Dec, 21 | 8,470,871 | 0.76% |
| 30 Sep, 21 | 8,406,973 | -3.40% |
| 30 Jun, 21 | 8,702,501 | -1.89% |
| 31 Mar, 21 | 8,870,415 | -1.36% |
| 31 Dec, 20 | 8,992,746 | 3.52% |
| 30 Sep, 20 | 8,687,357 | -1.76% |
| 30 Jun, 20 | 8,843,406 | -0.10% |
| 31 Mar, 20 | 8,852,587 | -3.51% |
| 31 Dec, 19 | 9,175,090 | 2.05% |
| 30 Sep, 19 | 8,990,571 | -3.19% |
| 30 Jun, 19 | 9,286,347 | 4.52% |
| 31 Mar, 19 | 8,884,657 | -2.94% |
| 31 Dec, 18 | 9,153,667 | -0.96% |
| 30 Sep, 18 | 9,242,233 | 2.45% |
| 30 Jun, 18 | 9,021,057 | 1.78% |
| 31 Mar, 18 | 8,863,262 | 1.04% |
| 31 Dec, 17 | 8,772,105 | 2.08% |
| 30 Sep, 17 | 8,593,022 | -1.34% |
| 30 Jun, 17 | 8,710,094 | 1.44% |
| 31 Mar, 17 | 8,586,398 | 6.01% |
| 31 Dec, 16 | 8,099,299 | 4.03% |
| 30 Sep, 16 | 7,785,822 | 2.25% |
| 30 Jun, 16 | 7,614,783 | 1.64% |
| 31 Mar, 16 | 7,491,594 | 2.82% |
| 31 Dec, 15 | 7,286,103 | 2.21% |
| 30 Sep, 15 | 7,128,573 | -0.45% |
| 30 Jun, 15 | 7,160,713 | -3.50% |
| 31 Mar, 15 | 7,420,287 | -0.86% |
| 31 Dec, 14 | 7,484,811 | 0.98% |
| 30 Sep, 14 | 7,411,832 | 2.12% |
| 30 Jun, 14 | 7,258,043 | 65.88% |
| 31 Mar, 14 | 4,375,351 | 5.01% |
| 31 Dec, 13 | 4,166,653 | 2.05% |
| 30 Sep, 13 | 4,082,864 | 4.61% |
| 30 Jun, 13 | 3,902,929 | 129.39% |
| 31 Mar, 13 | 1,701,467 | -12.61% |
| 31 Dec, 12 | 1,946,977 | 6.79% |
| 30 Sep, 12 | 1,823,131 | 14.61% |
| 30 Jun, 12 | 1,590,781 | 39.78% |
| 31 Mar, 12 | 1,138,057 | 20.97% |
| 31 Dec, 11 | 940,795 | -11.34% |
| 30 Sep, 11 | 1,061,132 | 9.56% |
| 30 Jun, 11 | 968,544 | 61.05% |
| 31 Mar, 11 | 601,378 | -23.71% |
| 31 Dec, 10 | 788,261 | 26.21% |
| 30 Sep, 10 | 624,553 | -1.41% |
| 30 Jun, 10 | 633,454 | -30.29% |
| 31 Mar, 10 | 908,683 | 4.27% |
| 31 Dec, 09 | 871,449 | 48.12% |
| 30 Sep, 09 | 588,357 | 3.99% |
| 30 Jun, 09 | 565,786 | -35.39% |
| 31 Mar, 09 | 875,727 | 24.95% |
| 31 Dec, 08 | 700,855 | -1.92% |
| 30 Sep, 08 | 714,548 | -34.44% |
| 30 Jun, 08 | 1,089,947 | 20.60% |
| 31 Mar, 08 | 903,784 | -20.79% |
| 31 Dec, 07 | 1,140,997 | 43.77% |
| 30 Sep, 07 | 793,606 | 29.31% |
| 30 Jun, 07 | 613,741 | -34.80% |
| 31 Mar, 07 | 941,287 | 6.40% |
| 31 Dec, 06 | 884,640 | 1.26% |
| 30 Sep, 06 | 873,667 | 3.35% |
| 30 Jun, 06 | 845,322 | 17.96% |
| 31 Mar, 06 | 716,595 | 5.96% |
| 31 Dec, 05 | 676,280 | 45.82% |
| 30 Sep, 05 | 463,779 | -29.87% |
| 30 Jun, 05 | 661,348 | 41.96% |
| 31 Mar, 05 | 465,862 | -2.88% |
| 31 Dec, 04 | 479,682 | -37.99% |
| 30 Sep, 04 | 773,581 | 42.00% |
| 30 Jun, 04 | 544,784 | 10.32% |
| 31 Mar, 04 | 493,831 | 162.60% |
| 31 Dec, 03 | 188,053 | -0.89% |
| 30 Sep, 03 | 189,750 | 95.54% |
| 30 Jun, 03 | 97,040 | -56.30% |
| 31 Mar, 03 | 222,073 | -1.98% |
| 31 Dec, 02 | 226,567 | -29.11% |
| 30 Sep, 02 | 319,616 | 200.68% |
| 30 Jun, 02 | 106,299 | -72.64% |
| 31 Mar, 02 | 388,477 | 88.57% |
| 31 Dec, 01 | 206,010 | 370.34% |
| 30 Sep, 01 | 43,800 | - |
| 31 Mar, 01 | 65,600 | - |
Mercantile Bank (MBWM) has 9.83M shares outstanding as of 30 Jun 24, up 1.63% compared to the previous quarter.
Institutional Ownership Trend
| Date | Ownership % | Change % |
|---|---|---|
| 30 Jun, 24 | 61.00% | 1.69% |
| 31 Mar, 24 | 60.02% | 1.73% |
| 31 Dec, 23 | 58.98% | 1.80% |
| 30 Sep, 23 | 57.22% | 1.79% |
| 30 Jun, 23 | 56.57% | 1.75% |
| 31 Mar, 23 | 56.85% | 1.78% |
| 31 Dec, 22 | 56.44% | 1.83% |
| 30 Sep, 22 | 55.50% | 1.78% |
| 30 Jun, 22 | 55.90% | 1.86% |
| 31 Mar, 22 | 54.79% | 1.88% |
| 31 Dec, 21 | 53.97% | 1.92% |
| 30 Sep, 21 | 53.01% | 1.82% |
| 30 Jun, 21 | 54.00% | 1.82% |
| 31 Mar, 21 | 54.48% | 1.78% |
| 31 Dec, 20 | 55.28% | 1.93% |
| 30 Sep, 20 | 53.52% | 1.80% |
| 30 Jun, 20 | 54.55% | 1.86% |
| 31 Mar, 20 | 54.14% | 1.72% |
| 31 Dec, 19 | 56.04% | 1.86% |
| 30 Sep, 19 | 54.85% | 1.72% |
| 30 Jun, 19 | 56.53% | 1.93% |
| 31 Mar, 19 | 54.08% | 1.78% |
| 31 Dec, 18 | 55.14% | 1.78% |
| 30 Sep, 18 | 55.64% | 1.88% |
| 30 Jun, 18 | 54.34% | 1.90% |
| 31 Mar, 18 | 53.41% | 1.90% |
| 31 Dec, 17 | 53.08% | 1.95% |
| 30 Sep, 17 | 52.13% | 1.86% |
| 30 Jun, 17 | 52.88% | 1.94% |
| 31 Mar, 17 | 52.25% | 2.13% |
| 31 Dec, 16 | 49.53% | 2.17% |
| 30 Sep, 16 | 47.82% | 2.18% |
| 30 Jun, 16 | 46.89% | 2.22% |
| 31 Mar, 16 | 45.98% | 2.31% |
| 31 Dec, 15 | 44.66% | 2.37% |
| 30 Sep, 15 | 43.40% | 2.38% |
| 30 Jun, 15 | 42.71% | 2.23% |
| 31 Mar, 15 | 43.81% | 1.43% |
| 31 Dec, 14 | 55.40% | 2.86% |
| 30 Sep, 14 | 43.98% | 1.09% |
| 30 Jun, 14 | 63.63% | 2.54% |
| 31 Mar, 14 | 50.07% | 2.19% |
| 31 Dec, 13 | 47.76% | 2.17% |
| 30 Sep, 13 | 46.89% | 2.33% |
| 30 Jun, 13 | 44.83% | 11.74% |
| 31 Mar, 13 | 19.54% | 3.84% |
| 31 Dec, 12 | 22.57% | 5.05% |
| 30 Sep, 12 | 21.14% | 6.19% |
| 30 Jun, 12 | 18.48% | 10.56% |
| 31 Mar, 12 | 13.22% | 11.06% |
| 31 Dec, 11 | 10.94% | 7.19% |
| 30 Sep, 11 | 12.33% | 9.73% |
| 30 Jun, 11 | 11.26% | 23.01% |
| 31 Mar, 11 | 6.99% | 8.15% |
| 31 Dec, 10 | 9.27% | 17.19% |
| 30 Sep, 10 | 7.34% | 13.23% |
| 30 Jun, 10 | 7.45% | 6.52% |
| 31 Mar, 10 | 10.69% | 10.14% |
| 31 Dec, 09 | 10.26% | 21.39% |
| 30 Sep, 09 | 6.93% | 15.59% |
| 30 Jun, 09 | 6.67% | 6.25% |
| 31 Mar, 09 | 10.33% | 15.08% |
| 31 Dec, 08 | 8.27% | 11.63% |
| 30 Sep, 08 | 8.43% | 5.09% |
| 30 Jun, 08 | 12.87% | 11.29% |
| 31 Mar, 08 | 10.68% | 5.86% |
| 31 Dec, 07 | 13.50% | 15.33% |
| 30 Sep, 07 | 9.38% | 17.81% |
| 30 Jun, 07 | 7.26% | 6.43% |
| 31 Mar, 07 | 10.63% | 10.65% |
| 31 Dec, 06 | 9.99% | 9.27% |
| 30 Sep, 06 | 10.38% | 11.30% |
| 30 Jun, 06 | 9.58% | 15.90% |
| 31 Mar, 06 | 7.76% | 13.12% |
| 31 Dec, 05 | 7.69% | 27.58% |
| 30 Sep, 05 | 5.28% | 10.25% |
| 30 Jun, 05 | 7.18% | 27.98% |
| 31 Mar, 05 | 5.07% | 15.32% |
| 31 Dec, 04 | 5.75% | 7.31% |
| 30 Sep, 04 | 8.87% | 20.60% |
| 30 Jun, 04 | 6.56% | 20.37% |
| 31 Mar, 04 | 5.68% | 87.37% |
| 31 Dec, 03 | 2.55% | 31.83% |
| 30 Sep, 03 | 2.83% | 130.47% |
| 30 Jun, 03 | 1.47% | 12.93% |
| 31 Mar, 03 | 3.38% | 28.46% |
| 31 Dec, 02 | 3.44% | 14.56% |
| 30 Sep, 02 | 4.86% | 185.86% |
| 30 Jun, 02 | 1.62% | 4.63% |
| 31 Mar, 02 | 5.91% | 54.72% |
| 31 Dec, 01 | 3.29% | 502.63% |
| 30 Sep, 01 | 0.81% | - |
| 31 Mar, 01 | 1.83% | - |
As of 30 Jun 24, Mercantile Bank is held by 61.00% institutional shareholders, representing a 1.69% growth compared to 31 Mar 24.
Institutional Increased Positions Trend
| Date | Increased Positions | Change % |
|---|---|---|
| 30 Jun, 24 | 72 | -2.70% |
| 31 Mar, 24 | 74 | 4.23% |
| 31 Dec, 23 | 71 | 2.90% |
| 30 Sep, 23 | 69 | 38.00% |
| 30 Jun, 23 | 50 | -21.88% |
| 31 Mar, 23 | 64 | -4.48% |
| 31 Dec, 22 | 67 | 24.07% |
| 30 Sep, 22 | 54 | -12.90% |
| 30 Jun, 22 | 62 | 14.81% |
| 31 Mar, 22 | 54 | 38.46% |
| 31 Dec, 21 | 39 | -15.22% |
| 30 Sep, 21 | 46 | 4.55% |
| 30 Jun, 21 | 44 | -4.35% |
| 31 Mar, 21 | 46 | - |
| 31 Dec, 20 | 46 | 39.39% |
| 30 Sep, 20 | 33 | -29.79% |
| 30 Jun, 20 | 47 | - |
| 31 Mar, 20 | 47 | -7.84% |
| 31 Dec, 19 | 51 | -1.92% |
| 30 Sep, 19 | 52 | -3.70% |
| 30 Jun, 19 | 54 | 22.73% |
| 31 Mar, 19 | 44 | -8.33% |
| 31 Dec, 18 | 48 | -2.04% |
| 30 Sep, 18 | 49 | -7.55% |
| 30 Jun, 18 | 53 | -1.85% |
| 31 Mar, 18 | 54 | 17.39% |
| 31 Dec, 17 | 46 | 24.32% |
| 30 Sep, 17 | 37 | -7.50% |
| 30 Jun, 17 | 40 | -9.09% |
| 31 Mar, 17 | 44 | -4.35% |
| 31 Dec, 16 | 46 | 17.95% |
| 30 Sep, 16 | 39 | -11.36% |
| 30 Jun, 16 | 44 | 37.50% |
| 31 Mar, 16 | 32 | -13.51% |
| 31 Dec, 15 | 37 | -9.76% |
| 30 Sep, 15 | 41 | 20.59% |
| 30 Jun, 15 | 34 | 25.93% |
| 31 Mar, 15 | 27 | -3.57% |
| 31 Dec, 14 | 28 | 27.27% |
| 30 Sep, 14 | 22 | -57.69% |
| 30 Jun, 14 | 52 | 92.59% |
| 31 Mar, 14 | 27 | 3.85% |
| 31 Dec, 13 | 26 | -21.21% |
| 30 Sep, 13 | 33 | -31.25% |
| 30 Jun, 13 | 48 | 500.00% |
| 31 Mar, 13 | 8 | -27.27% |
| 31 Dec, 12 | 11 | 10.00% |
| 30 Sep, 12 | 10 | -28.57% |
| 30 Jun, 12 | 14 | 180.00% |
| 31 Mar, 12 | 5 | -44.44% |
| 31 Dec, 11 | 9 | 80.00% |
| 30 Sep, 11 | 5 | 25.00% |
| 30 Jun, 11 | 4 | 100.00% |
| 31 Mar, 11 | 2 | -33.33% |
| 31 Dec, 10 | 3 | 50.00% |
| 30 Sep, 10 | 2 | - |
| 30 Jun, 10 | - | -100.00% |
| 31 Mar, 10 | 5 | 66.67% |
| 31 Dec, 09 | 3 | - |
| 30 Sep, 09 | 3 | 200.00% |
| 30 Jun, 09 | 1 | -66.67% |
| 31 Mar, 09 | 3 | 50.00% |
| 31 Dec, 08 | 2 | -66.67% |
| 30 Sep, 08 | 6 | 50.00% |
| 30 Jun, 08 | 4 | -20.00% |
| 31 Mar, 08 | 5 | -54.55% |
| 31 Dec, 07 | 11 | 37.50% |
| 30 Sep, 07 | 8 | - |
| 30 Jun, 07 | 8 | -11.11% |
| 31 Mar, 07 | 9 | 12.50% |
| 31 Dec, 06 | 8 | -27.27% |
| 30 Sep, 06 | 11 | -15.38% |
| 30 Jun, 06 | 13 | -18.75% |
| 31 Mar, 06 | 16 | 60.00% |
| 31 Dec, 05 | 10 | -23.08% |
| 30 Sep, 05 | 13 | 62.50% |
| 30 Jun, 05 | 8 | -42.86% |
| 31 Mar, 05 | 14 | 250.00% |
| 31 Dec, 04 | 4 | -42.86% |
| 30 Sep, 04 | 7 | -36.36% |
| 30 Jun, 04 | 11 | 83.33% |
| 31 Mar, 04 | 6 | 50.00% |
| 31 Dec, 03 | 4 | -42.86% |
| 30 Sep, 03 | 7 | 40.00% |
| 30 Jun, 03 | 5 | 25.00% |
| 31 Mar, 03 | 4 | 100.00% |
| 31 Dec, 02 | 2 | - |
| 30 Sep, 02 | 2 | - |
| 30 Jun, 02 | - | -100.00% |
| 31 Mar, 02 | 3 | 200.00% |
| 31 Dec, 01 | 1 | - |
| 30 Sep, 01 | 1 | - |
| 31 Mar, 01 | 1 | - |
72 institutional shareholders have increased their position in MBWM stock as of 30 Jun 24 compared to 74 in the previous quarter (a -2.70% decrease).
Institutional Reduced Positions Trend
| Date | Reduced Positions | Change % |
|---|---|---|
| 30 Jun, 24 | 59 | 7.27% |
| 31 Mar, 24 | 55 | 27.91% |
| 31 Dec, 23 | 43 | 19.44% |
| 30 Sep, 23 | 36 | -21.74% |
| 30 Jun, 23 | 46 | 27.78% |
| 31 Mar, 23 | 36 | -12.20% |
| 31 Dec, 22 | 41 | -4.65% |
| 30 Sep, 22 | 43 | 10.26% |
| 30 Jun, 22 | 39 | -11.36% |
| 31 Mar, 22 | 44 | -4.35% |
| 31 Dec, 21 | 46 | 12.20% |
| 30 Sep, 21 | 41 | - |
| 30 Jun, 21 | 41 | - |
| 31 Mar, 21 | 41 | 17.14% |
| 31 Dec, 20 | 35 | 2.94% |
| 30 Sep, 20 | 34 | 3.03% |
| 30 Jun, 20 | 33 | 10.00% |
| 31 Mar, 20 | 30 | -21.05% |
| 31 Dec, 19 | 38 | 15.15% |
| 30 Sep, 19 | 33 | 13.79% |
| 30 Jun, 19 | 29 | -23.68% |
| 31 Mar, 19 | 38 | - |
| 31 Dec, 18 | 38 | 18.75% |
| 30 Sep, 18 | 32 | 14.29% |
| 30 Jun, 18 | 28 | -17.65% |
| 31 Mar, 18 | 34 | 9.68% |
| 31 Dec, 17 | 31 | -3.13% |
| 30 Sep, 17 | 32 | 23.08% |
| 30 Jun, 17 | 26 | -16.13% |
| 31 Mar, 17 | 31 | -3.13% |
| 31 Dec, 16 | 32 | 28.00% |
| 30 Sep, 16 | 25 | 13.64% |
| 30 Jun, 16 | 22 | -15.38% |
| 31 Mar, 16 | 26 | 30.00% |
| 31 Dec, 15 | 20 | -4.76% |
| 30 Sep, 15 | 21 | 23.53% |
| 30 Jun, 15 | 17 | -15.00% |
| 31 Mar, 15 | 20 | 25.00% |
| 31 Dec, 14 | 16 | -40.74% |
| 30 Sep, 14 | 27 | 125.00% |
| 30 Jun, 14 | 12 | -14.29% |
| 31 Mar, 14 | 14 | -33.33% |
| 31 Dec, 13 | 21 | 50.00% |
| 30 Sep, 13 | 14 | 1300.00% |
| 30 Jun, 13 | 1 | - |
| 31 Mar, 13 | 1 | -75.00% |
| 31 Dec, 12 | 4 | - |
| 30 Sep, 12 | 4 | 300.00% |
| 30 Jun, 12 | 1 | -50.00% |
| 31 Mar, 12 | 2 | 100.00% |
| 31 Dec, 11 | 1 | -66.67% |
| 30 Sep, 11 | 3 | 50.00% |
| 30 Jun, 11 | 2 | - |
| 31 Mar, 11 | 2 | - |
| 31 Dec, 10 | 2 | - |
| 30 Sep, 10 | 2 | - |
| 30 Jun, 10 | 2 | 100.00% |
| 31 Mar, 10 | 1 | -66.67% |
| 31 Dec, 09 | 3 | 50.00% |
| 30 Sep, 09 | 2 | - |
| 30 Jun, 09 | 2 | - |
| 31 Mar, 09 | 2 | - |
| 31 Dec, 08 | 2 | 100.00% |
| 30 Sep, 08 | 1 | -50.00% |
| 30 Jun, 08 | 2 | -50.00% |
| 31 Mar, 08 | 4 | 100.00% |
| 31 Dec, 07 | 2 | -60.00% |
| 30 Sep, 07 | 5 | 25.00% |
| 30 Jun, 07 | 4 | 100.00% |
| 31 Mar, 07 | 2 | -77.78% |
| 31 Dec, 06 | 9 | 200.00% |
| 30 Sep, 06 | 3 | -40.00% |
| 30 Jun, 06 | 5 | 150.00% |
| 31 Mar, 06 | 2 | -33.33% |
| 31 Dec, 05 | 3 | 200.00% |
| 30 Sep, 05 | 1 | -80.00% |
| 30 Jun, 05 | 5 | 150.00% |
| 31 Mar, 05 | 2 | -33.33% |
| 31 Dec, 04 | 3 | 50.00% |
| 30 Sep, 04 | 2 | - |
| 30 Jun, 04 | 2 | - |
| 31 Mar, 04 | - | -100.00% |
| 31 Dec, 03 | 3 | 200.00% |
| 30 Sep, 03 | 1 | - |
| 30 Jun, 03 | - | -100.00% |
| 31 Mar, 03 | 2 | -33.33% |
| 31 Dec, 02 | 3 | 200.00% |
| 30 Sep, 02 | 1 | -50.00% |
| 30 Jun, 02 | 2 | 100.00% |
| 31 Mar, 02 | 1 | - |
| 31 Dec, 01 | - | - |
| 30 Sep, 01 | - | - |
| 31 Mar, 01 | - | - |
59 institutional shareholders have reduced their position in MBWM stock as of 30 Jun 24 compared to 55 in the previous quarter (a 7.27% increase).
All Institutional Ownership Trend Data
| Date | Holdings | Change % | Shares Outstanding | Change % | Ownership % | Change % | Increased Positions | Change % | Reduced Positions | Change % |
|---|---|---|---|---|---|---|---|---|---|---|
| 30 Jun, 24 | 158 | 1.28% | 9,832,584 | 1.63% | 61.00% | 1.69% | 72 | -2.70% | 59 | 7.27% |
| 31 Mar, 24 | 156 | 9.09% | 9,674,422 | 2.42% | 60.02% | 1.73% | 74 | 4.23% | 55 | 27.91% |
| 31 Dec, 23 | 143 | 8.33% | 9,446,112 | 3.07% | 58.98% | 1.80% | 71 | 2.90% | 43 | 19.44% |
| 30 Sep, 23 | 132 | 10.00% | 9,165,148 | 1.23% | 57.22% | 1.79% | 69 | 38.00% | 36 | -21.74% |
| 30 Jun, 23 | 120 | -5.51% | 9,053,868 | -0.44% | 56.57% | 1.75% | 50 | -21.88% | 46 | 27.78% |
| 31 Mar, 23 | 127 | -2.31% | 9,094,159 | 1.41% | 56.85% | 1.78% | 64 | -4.48% | 36 | -12.20% |
| 31 Dec, 22 | 130 | 5.69% | 8,967,907 | 1.87% | 56.44% | 1.83% | 67 | 24.07% | 41 | -4.65% |
| 30 Sep, 22 | 123 | -3.15% | 8,802,962 | -0.63% | 55.50% | 1.78% | 54 | -12.90% | 43 | 10.26% |
| 30 Jun, 22 | 127 | 5.83% | 8,859,166 | 2.08% | 55.90% | 1.86% | 62 | 14.81% | 39 | -11.36% |
| 31 Mar, 22 | 120 | 1.69% | 8,678,562 | 2.45% | 54.79% | 1.88% | 54 | 38.46% | 44 | -4.35% |
| 31 Dec, 21 | 118 | 1.72% | 8,470,871 | 0.76% | 53.97% | 1.92% | 39 | -15.22% | 46 | 12.20% |
| 30 Sep, 21 | 116 | 3.57% | 8,406,973 | -3.40% | 53.01% | 1.82% | 46 | 4.55% | 41 | - |
| 30 Jun, 21 | 112 | -4.27% | 8,702,501 | -1.89% | 54.00% | 1.82% | 44 | -4.35% | 41 | - |
| 31 Mar, 21 | 117 | 13.59% | 8,870,415 | -1.36% | 54.48% | 1.78% | 46 | - | 41 | 17.14% |
| 31 Dec, 20 | 103 | 8.42% | 8,992,746 | 3.52% | 55.28% | 1.93% | 46 | 39.39% | 35 | 2.94% |
| 30 Sep, 20 | 95 | -4.04% | 8,687,357 | -1.76% | 53.52% | 1.80% | 33 | -29.79% | 34 | 3.03% |
| 30 Jun, 20 | 99 | 2.06% | 8,843,406 | -0.10% | 54.55% | 1.86% | 47 | - | 33 | 10.00% |
| 31 Mar, 20 | 97 | -14.16% | 8,852,587 | -3.51% | 54.14% | 1.72% | 47 | -7.84% | 30 | -21.05% |
| 31 Dec, 19 | 113 | 3.67% | 9,175,090 | 2.05% | 56.04% | 1.86% | 51 | -1.92% | 38 | 15.15% |
| 30 Sep, 19 | 109 | 1.87% | 8,990,571 | -3.19% | 54.85% | 1.72% | 52 | -3.70% | 33 | 13.79% |
| 30 Jun, 19 | 107 | 4.90% | 9,286,347 | 4.52% | 56.53% | 1.93% | 54 | 22.73% | 29 | -23.68% |
| 31 Mar, 19 | 102 | -3.77% | 8,884,657 | -2.94% | 54.08% | 1.78% | 44 | -8.33% | 38 | - |
| 31 Dec, 18 | 106 | - | 9,153,667 | -0.96% | 55.14% | 1.78% | 48 | -2.04% | 38 | 18.75% |
| 30 Sep, 18 | 106 | 0.95% | 9,242,233 | 2.45% | 55.64% | 1.88% | 49 | -7.55% | 32 | 14.29% |
| 30 Jun, 18 | 105 | -1.87% | 9,021,057 | 1.78% | 54.34% | 1.90% | 53 | -1.85% | 28 | -17.65% |
| 31 Mar, 18 | 107 | 10.31% | 8,863,262 | 1.04% | 53.41% | 1.90% | 54 | 17.39% | 34 | 9.68% |
| 31 Dec, 17 | 97 | 6.59% | 8,772,105 | 2.08% | 53.08% | 1.95% | 46 | 24.32% | 31 | -3.13% |
| 30 Sep, 17 | 91 | 2.25% | 8,593,022 | -1.34% | 52.13% | 1.86% | 37 | -7.50% | 32 | 23.08% |
| 30 Jun, 17 | 89 | -6.32% | 8,710,094 | 1.44% | 52.88% | 1.94% | 40 | -9.09% | 26 | -16.13% |
| 31 Mar, 17 | 95 | 3.26% | 8,586,398 | 6.01% | 52.25% | 2.13% | 44 | -4.35% | 31 | -3.13% |
| 31 Dec, 16 | 92 | 10.84% | 8,099,299 | 4.03% | 49.53% | 2.17% | 46 | 17.95% | 32 | 28.00% |
| 30 Sep, 16 | 83 | -4.60% | 7,785,822 | 2.25% | 47.82% | 2.18% | 39 | -11.36% | 25 | 13.64% |
| 30 Jun, 16 | 87 | 16.00% | 7,614,783 | 1.64% | 46.89% | 2.22% | 44 | 37.50% | 22 | -15.38% |
| 31 Mar, 16 | 75 | -1.32% | 7,491,594 | 2.82% | 45.98% | 2.31% | 32 | -13.51% | 26 | 30.00% |
| 31 Dec, 15 | 76 | 1.33% | 7,286,103 | 2.21% | 44.66% | 2.37% | 37 | -9.76% | 20 | -4.76% |
| 30 Sep, 15 | 75 | 13.64% | 7,128,573 | -0.45% | 43.40% | 2.38% | 41 | 20.59% | 21 | 23.53% |
| 30 Jun, 15 | 66 | 8.20% | 7,160,713 | -3.50% | 42.71% | 2.23% | 34 | 25.93% | 17 | -15.00% |
| 31 Mar, 15 | 61 | -4.69% | 7,420,287 | -0.86% | 43.81% | 1.43% | 27 | -3.57% | 20 | 25.00% |
| 31 Dec, 14 | 64 | -1.54% | 7,484,811 | 0.98% | 55.40% | 2.86% | 28 | 27.27% | 16 | -40.74% |
| 30 Sep, 14 | 65 | -5.80% | 7,411,832 | 2.12% | 43.98% | 1.09% | 22 | -57.69% | 27 | 125.00% |
| 30 Jun, 14 | 69 | 21.05% | 7,258,043 | 65.88% | 63.63% | 2.54% | 52 | 92.59% | 12 | -14.29% |
| 31 Mar, 14 | 57 | 1.79% | 4,375,351 | 5.01% | 50.07% | 2.19% | 27 | 3.85% | 14 | -33.33% |
| 31 Dec, 13 | 56 | 1.82% | 4,166,653 | 2.05% | 47.76% | 2.17% | 26 | -21.21% | 21 | 50.00% |
| 30 Sep, 13 | 55 | 1.85% | 4,082,864 | 4.61% | 46.89% | 2.33% | 33 | -31.25% | 14 | 1300.00% |
| 30 Jun, 13 | 54 | 260.00% | 3,902,929 | 129.39% | 44.83% | 11.74% | 48 | 500.00% | 1 | - |
| 31 Mar, 13 | 15 | -16.67% | 1,701,467 | -12.61% | 19.54% | 3.84% | 8 | -27.27% | 1 | -75.00% |
| 31 Dec, 12 | 18 | 5.88% | 1,946,977 | 6.79% | 22.57% | 5.05% | 11 | 10.00% | 4 | - |
| 30 Sep, 12 | 17 | 6.25% | 1,823,131 | 14.61% | 21.14% | 6.19% | 10 | -28.57% | 4 | 300.00% |
| 30 Jun, 12 | 16 | 77.78% | 1,590,781 | 39.78% | 18.48% | 10.56% | 14 | 180.00% | 1 | -50.00% |
| 31 Mar, 12 | 9 | -25.00% | 1,138,057 | 20.97% | 13.22% | 11.06% | 5 | -44.44% | 2 | 100.00% |
| 31 Dec, 11 | 12 | 20.00% | 940,795 | -11.34% | 10.94% | 7.19% | 9 | 80.00% | 1 | -66.67% |
| 30 Sep, 11 | 10 | 25.00% | 1,061,132 | 9.56% | 12.33% | 9.73% | 5 | 25.00% | 3 | 50.00% |
| 30 Jun, 11 | 8 | 60.00% | 968,544 | 61.05% | 11.26% | 23.01% | 4 | 100.00% | 2 | - |
| 31 Mar, 11 | 5 | -16.67% | 601,378 | -23.71% | 6.99% | 8.15% | 2 | -33.33% | 2 | - |
| 31 Dec, 10 | 6 | - | 788,261 | 26.21% | 9.27% | 17.19% | 3 | 50.00% | 2 | - |
| 30 Sep, 10 | 6 | -14.29% | 624,553 | -1.41% | 7.34% | 13.23% | 2 | - | 2 | - |
| 30 Jun, 10 | 7 | -22.22% | 633,454 | -30.29% | 7.45% | 6.52% | - | -100.00% | 2 | 100.00% |
| 31 Mar, 10 | 9 | 12.50% | 908,683 | 4.27% | 10.69% | 10.14% | 5 | 66.67% | 1 | -66.67% |
| 31 Dec, 09 | 8 | -11.11% | 871,449 | 48.12% | 10.26% | 21.39% | 3 | - | 3 | 50.00% |
| 30 Sep, 09 | 9 | 50.00% | 588,357 | 3.99% | 6.93% | 15.59% | 3 | 200.00% | 2 | - |
| 30 Jun, 09 | 6 | -25.00% | 565,786 | -35.39% | 6.67% | 6.25% | 1 | -66.67% | 2 | - |
| 31 Mar, 09 | 8 | - | 875,727 | 24.95% | 10.33% | 15.08% | 3 | 50.00% | 2 | - |
| 31 Dec, 08 | 8 | -20.00% | 700,855 | -1.92% | 8.27% | 11.63% | 2 | -66.67% | 2 | 100.00% |
| 30 Sep, 08 | 10 | 11.11% | 714,548 | -34.44% | 8.43% | 5.09% | 6 | 50.00% | 1 | -50.00% |
| 30 Jun, 08 | 9 | -30.77% | 1,089,947 | 20.60% | 12.87% | 11.29% | 4 | -20.00% | 2 | -50.00% |
| 31 Mar, 08 | 13 | -23.53% | 903,784 | -20.79% | 10.68% | 5.86% | 5 | -54.55% | 4 | 100.00% |
| 31 Dec, 07 | 17 | 21.43% | 1,140,997 | 43.77% | 13.50% | 15.33% | 11 | 37.50% | 2 | -60.00% |
| 30 Sep, 07 | 14 | 16.67% | 793,606 | 29.31% | 9.38% | 17.81% | 8 | - | 5 | 25.00% |
| 30 Jun, 07 | 12 | -25.00% | 613,741 | -34.80% | 7.26% | 6.43% | 8 | -11.11% | 4 | 100.00% |
| 31 Mar, 07 | 16 | -27.27% | 941,287 | 6.40% | 10.63% | 10.65% | 9 | 12.50% | 2 | -77.78% |
| 31 Dec, 06 | 22 | 10.00% | 884,640 | 1.26% | 9.99% | 9.27% | 8 | -27.27% | 9 | 200.00% |
| 30 Sep, 06 | 20 | 11.11% | 873,667 | 3.35% | 10.38% | 11.30% | 11 | -15.38% | 3 | -40.00% |
| 30 Jun, 06 | 18 | -14.29% | 845,322 | 17.96% | 9.58% | 15.90% | 13 | -18.75% | 5 | 150.00% |
| 31 Mar, 06 | 21 | 40.00% | 716,595 | 5.96% | 7.76% | 13.12% | 16 | 60.00% | 2 | -33.33% |
| 31 Dec, 05 | 15 | 7.14% | 676,280 | 45.82% | 7.69% | 27.58% | 10 | -23.08% | 3 | 200.00% |
| 30 Sep, 05 | 14 | -17.65% | 463,779 | -29.87% | 5.28% | 10.25% | 13 | 62.50% | 1 | -80.00% |
| 30 Jun, 05 | 17 | -5.56% | 661,348 | 41.96% | 7.18% | 27.98% | 8 | -42.86% | 5 | 150.00% |
| 31 Mar, 05 | 18 | 63.64% | 465,862 | -2.88% | 5.07% | 15.32% | 14 | 250.00% | 2 | -33.33% |
| 31 Dec, 04 | 11 | -15.38% | 479,682 | -37.99% | 5.75% | 7.31% | 4 | -42.86% | 3 | 50.00% |
| 30 Sep, 04 | 13 | -7.14% | 773,581 | 42.00% | 8.87% | 20.60% | 7 | -36.36% | 2 | - |
| 30 Jun, 04 | 14 | 27.27% | 544,784 | 10.32% | 6.56% | 20.37% | 11 | 83.33% | 2 | - |
| 31 Mar, 04 | 11 | 22.22% | 493,831 | 162.60% | 5.68% | 87.37% | 6 | 50.00% | - | -100.00% |
| 31 Dec, 03 | 9 | - | 188,053 | -0.89% | 2.55% | 31.83% | 4 | -42.86% | 3 | 200.00% |
| 30 Sep, 03 | 9 | 50.00% | 189,750 | 95.54% | 2.83% | 130.47% | 7 | 40.00% | 1 | - |
| 30 Jun, 03 | 6 | - | 97,040 | -56.30% | 1.47% | 12.93% | 5 | 25.00% | - | -100.00% |
| 31 Mar, 03 | 6 | 20.00% | 222,073 | -1.98% | 3.38% | 28.46% | 4 | 100.00% | 2 | -33.33% |
| 31 Dec, 02 | 5 | 25.00% | 226,567 | -29.11% | 3.44% | 14.56% | 2 | - | 3 | 200.00% |
| 30 Sep, 02 | 4 | 100.00% | 319,616 | 200.68% | 4.86% | 185.86% | 2 | - | 1 | -50.00% |
| 30 Jun, 02 | 2 | -50.00% | 106,299 | -72.64% | 1.62% | 4.63% | - | -100.00% | 2 | 100.00% |
| 31 Mar, 02 | 4 | 100.00% | 388,477 | 88.57% | 5.91% | 54.72% | 3 | 200.00% | 1 | - |
| 31 Dec, 01 | 2 | 100.00% | 206,010 | 370.34% | 3.29% | 502.63% | 1 | - | - | - |
| 30 Sep, 01 | 1 | - | 43,800 | - | 0.81% | - | 1 | - | - | - |
| 31 Mar, 01 | 1 | - | 65,600 | - | 1.83% | - | 1 | - | - | - |
Mercantile Bank Insider Shareholders Trades
Open Market Insider Trades
Open Market Insider Buys
Insider Sells
All Insider Owners Trades
The last insider sell of Mercantile Bank's stock was made by KAMINSKI ROBERT B on Aug 05 2024, selling 250 shares at $43.66 per share (valued at $10.91K). The last insider buy of MBWM was made by Sanchez Nelson F on Jun 12 2024, buying 139 shares at $35.90 per share (worth $4.99K).
Mercantile Bank Insider Ownership Trends
All Insider Trades Trend
| Date | Buy | Sell | Buy/Sell Ratio |
|---|---|---|---|
| Q3 2024 | - | 4 | - |
| Q2 2024 | 11 | 1 | 1100.00% |
| Q1 2024 | 2 | 5 | 40.00% |
| Q4 2023 | 6 | 1 | 600.00% |
| Q3 2023 | - | 2 | - |
| Q2 2023 | 6 | - | - |
| Q1 2023 | 1 | 6 | 16.67% |
| Q4 2022 | 16 | - | - |
| Q3 2022 | 1 | - | - |
| Q2 2022 | 6 | - | - |
| Q1 2022 | 5 | 15 | 33.33% |
| Q4 2021 | 19 | 1 | 1900.00% |
| Q3 2021 | 2 | 2 | 100.00% |
| Q2 2021 | 7 | - | - |
| Q1 2021 | - | 2 | - |
| Q4 2020 | 5 | 9 | 55.56% |
| Q3 2020 | 2 | 1 | 200.00% |
| Q2 2020 | 7 | 1 | 700.00% |
| Q4 2019 | 7 | 6 | 116.67% |
| Q2 2019 | 6 | - | - |
0 total buy trades, and 4 total sell trades (buy/sell ratio of 0.00%) were made by Mercantile Bank's insiders, as of Q3 2024.
Open Market Insider Trades Trend
| Date | Buy | Sell | Buy/Sell Ratio |
|---|---|---|---|
| Q3 2024 | - | 4 | - |
| Q2 2024 | 4 | - | - |
| Q1 2024 | 1 | - | - |
| Q4 2023 | - | - | - |
| Q3 2023 | - | 2 | - |
| Q2 2023 | 1 | - | - |
| Q1 2023 | 1 | 1 | 100.00% |
| Q4 2022 | - | - | - |
| Q3 2022 | 1 | - | - |
| Q2 2022 | - | - | - |
| Q1 2022 | - | 6 | - |
| Q4 2021 | - | 1 | - |
| Q3 2021 | - | - | - |
| Q2 2021 | 1 | - | - |
| Q1 2021 | - | - | - |
| Q4 2020 | - | 1 | - |
| Q3 2020 | - | - | - |
| Q2 2020 | 2 | 1 | 200.00% |
| Q4 2019 | - | 3 | - |
| Q2 2019 | - | - | - |
As of Q3 2024, Insider owners conducted 0 open market buy trades and 4 open market sell trades of Mercantile Bank's stocks.
MBWM Ownership FAQ
Who Owns Mercantile Bank?
Mercantile Bank is owned by institutional shareholders (61.00%), insiders (3.28%), and public (35.72%). The largest institutional shareholder of Mercantile Bank is BLACKROCK INC. (9.69% of total shares) and the top mutual fund owner is CORNERCAP GROUP OF FUNDS /VA/ (0.20% of total shares).
Who are the major institutional shareholders of Mercantile Bank?
Mercantile Bank's major institutional shareholders are BLACKROCK INC., DIMENSIONAL FUND ADVISORS LP, VANGUARD GROUP INC, RENAISSANCE TECHNOLOGIES LLC, and STATE STREET CORP. The top five shareholders own together 28.11% of the company's share outstanding.
How many Mercantile Bank shareholders are there?
As of Jun 2024, there are 158 institutional shareholders of Mercantile Bank.
What percentage of Mercantile Bank is owned by BLACKROCK INC?
BLACKROCK INC owns 1.56M shares of Mercantile Bank, representing 9.69% of the company's total shares outstanding, valued at $63.39M (as of Jun 2024).
What percentage of Mercantile Bank is owned by DIMENSIONAL FUND ADVISORS LP?
As of Jun 2024, DIMENSIONAL FUND ADVISORS LP holds 1.15M shares of Mercantile Bank (MBWM), compromising 7.12% of the company, valued at $46.59M.
What percentage of Mercantile Bank is owned by VANGUARD GROUP INC?
VANGUARD GROUP INC is the third largest holder of Mercantile Bank. The company owns 837.55K of the company's shares outstanding (worth $33.98M).