Mercantile Bank

MBWM · NASDAQ

$59.04+$0.62 (+1.06%)TodayMarket closed ·
Prev close $58.42

Who owns MBWM

Largest institutional holders, from their latest 13F filings

The 10 largest institutions hold 40.3% of MBWM’s shares.

  • BlackRock Institutional Trust Company, N.A.7.5%
  • Wellington Management Company, LLP6.3%
  • Dimensional Fund Advisors, L.P.6.1%
  • Vanguard Capital Management, LLC4.3%
  • Next 6 largest institutions16.2%
  • All other shareholders59.7%
Top institutional holders of MBWM
HolderShares% of shares
BlackRock Institutional Trust Company, N.A.1.30M7.51%
Wellington Management Company, LLP1.09M6.29%
Dimensional Fund Advisors, L.P.1.05M6.05%
Vanguard Capital Management, LLC735.61K4.25%
American Century Investment Management, Inc.625.01K3.61%
State Street Investment Management (US)598.64K3.46%
Geode Capital Management, L.L.C.466.41K2.70%
Renaissance Technologies LLC446.61K2.58%
North Star Asset Management Inc.377.43K2.18%
Vanguard Portfolio Management, LLC290.09K1.68%

Largest mutual fund holders

Top mutual fund holders of MBWM
HolderShares% of shares
Avantis US Small Cap Value ETF549.94K3.18%
Vanguard Total Stock Market Index Fund520.14K3.01%
iShares Russell 2000 ETF479.84K2.78%
DFA US Small Cap Value Portfolio233.92K1.35%
Vanguard Extended Market Index Fund199.48K1.15%

Insider trades

Form 4 filings by officers, directors and large holders

Insiders made no open-market buys or sales of MBWM in the last 6 months.

Latest MBWM insider transactions
InsiderTypeSharesValue
Schweihofer StevenAward715—
MacDonald Richard DAward715—
Schmidt Sara AAward715—
Williams Shoran RAward715—
Jones Joseph DAward715—
Sanchez Nelson FAward715—
Sparks Amy LAward906—
Davenport Michael S.Award753—
Eldridge Michelle LarabeeAward830—
RAMAKER DAVID BAward801—

Short interest

Settled Sep 30, 2026

Shares short
626.40K
Days to cover
5.53
% of shares outstanding
3.62%
Average daily volume
113.33K
Change since last report
+5.2%

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