Mercantile Bank Corporation (MBWM)
Financial Services
Banks - Regional
60.10 $
+0.6%
vs. previous close
Closing price · As of: 31. Jul 2026
Who owns Mercantile Bank Corporation (MBWM)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 97.4% of the shares are freely tradable; institutional investors hold 69.0%.
Ownership Structure
Institutional ownership
Share of the stock held by institutional investors (funds, banks, insurers) according to regulatory filings.
69.0%
Insiders
Share of the stock held by the executives, founders and major shareholders of the company itself.
3.1%
Float
Share of stock freely tradable on the market — not locked up in the hands of founders, insiders, or major shareholders.
97.4%
Short % of float
Shares sold short as a percentage of the freely tradable float — high values signal many bets on falling prices.
2.5%
Shares Outstanding
Total number of shares issued. Price times share count gives market cap.
17Mio.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| BlackRock Inc | 8.03 | 1,388,714 | -3.5 | 03/31/2026 |
| Wellington Management Company LLP | 6.88 | 1,189,031 | +303.3 | 03/31/2026 |
| Dimensional Fund Advisors, Inc. | 5.98 | 1,032,888 | +0.1 | 03/31/2026 |
| Vanguard Capital Management, LLC | 4.07 | 704,324 | +0.0 | 03/31/2026 |
| American Century Companies Inc | 3.25 | 561,467 | +8.4 | 03/31/2026 |
| State Street Corp | 2.91 | 502,468 | +12.4 | 03/31/2026 |
| Renaissance Technologies Corp | 2.73 | 472,213 | -4.8 | 03/31/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Avantis US Small Cap Value ETF | 3.07 | 530,606 | +0.0 | 07/29/2026 |
| Vanguard Morn Total Stk Mkt Idx Investor | 3.01 | 520,137 | +0.0 | 06/30/2026 |
| iShares Russell 2000 ETF | 2.77 | 479,177 | +1.1 | 07/28/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Data as of: July 31, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.