Mercantile Bank Corporation
DE ˙ DB ˙ GB00BYNVD082
43,40 € ↓ -1,80 (-3,98%)
2026-06-04
PREZZO DELLE AZIONI
SecurityDE:MCS / Mercantile Bank Corporation
InstitutionBlackRock, Inc.
Latest Disclosed Ownership1,223,591 shares
Ownership 7.50%
BlackRock, Inc. ownership in MCS / Mercantile Bank Corporation

2025-04-24 - BlackRock, Inc. has filed an SCHEDULE 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 1,223,591 shares of Mercantile Bank Corporation (DE:MCS). This represents 7.5 percent ownership of the company. In their previous filing dated 2024-08-07 , BlackRock, Inc. had reported owning 1,615,003 shares, indicating a decrease of -24.24 percent.

Institutional Ownership: 13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File
Date		Effective
Date		Form Prev
Shares		 Latest
Shares		 ΔShares
(Percent)		 Ownership
(Percent)		 ΔOwnership
(Percent)
2025-04-24 2025-04-24 13G/A 1,615,003 1,223,591 -24.24 7.50 -25.00
2024-08-07 2024-08-07 13G/A 1,554,923 1,615,003 3.86 10.00 3.09
2024-01-24 2024-01-24 13G/A 1,408,265 1,554,923 10.41 9.70 8.99
2023-01-25 2023-01-25 13G 1,372,640 1,408,265 2.60 8.90 1.14
2022-02-01 2022-02-01 13G/A 1,399,980 1,372,640 -1.95 8.80 2.33
2021-01-29 2021-01-29 13G/A 1,376,585 1,399,980 1.70 8.60 2.38
2020-02-05 2020-02-05 13G/A 1,242,624 1,376,585 10.78 8.40 12.00
2019-02-06 2019-02-06 13G/A 967,524 1,242,624 28.43 7.50 27.12
2018-01-25 2018-01-25 13G/A 839,033 967,524 15.31 5.90 15.69
2017-01-30 2017-01-30 13G 839,033 5.10

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-13 2026-03-31 13F MERCANTILE BK COM 587376104 1,388,714 -50,171 -3.49 70,130 1.33 0.0001
2026-02-12 2025-12-31 13F MERCANTILE BK COM 587376104 1,438,885 6,810 0.48 69,210 7.40 0.0012
2025-11-12 2025-09-30 13F MERCANTILE BK COM 587376104 1,432,075 -75,356 -5.00 64,443 -7.88 0.0011
2025-08-12 2025-06-30 13F MERCANTILE BK COM 587376104 1,507,431 -83,470 -5.25 69,960 1.23 0.0013
2025-05-02 2025-03-31 13F MERCANTILE BK COM 587376104 1,590,901 -24,532 -1.52 69,109 -3.84 0.0015
2025-02-07 2024-12-31 13F MERCANTILE BK COM 587376104 1,615,433 12,524 0.78 71,871 2.56 0.0015
2024-11-13 2024-09-30 13F MERCANTILE BK COM 587376104 1,602,909 40,492 2.59 70,079 10.56 0.0015
2024-08-13 2024-06-30 13F MERCANTILE BK COM 587376104 1,562,417 59,132 3.93 63,387 9.55 0.0014
2024-05-10 2024-03-31 13F MERCANTILE BK COM 587376104 1,503,285 -51,638 -3.32 57,861 -7.85 0.0013
2024-02-13 2023-12-31 13F MERCANTILE BK COM 587376104 1,554,923 130,877 9.19 62,788 42.64 0.0016
2023-11-13 2023-09-30 13F MERCANTILE BK COM 587376104 1,424,046 -19,115 -1.32 44,017 10.43 0.0013
2023-08-11 2023-06-30 13F MERCANTILE BK COM 587376104 1,443,161 59,394 4.29 39,860 -5.80 0.0011
2023-05-12 2023-03-31 13F MERCANTILE BK COM 587376104 1,383,767 -25,407 -1.80 42,316 -10.31 0.0012
2023-02-13 2022-12-31 13F MERCANTILE BK COM 587376104 1,409,174 60,236 4.47 47,179 17.72 0.0015
2022-11-14 2022-09-30 13F MERCANTILE BK COM 587376104 1,348,938 -14,976 -1.10 40,079 -8.03 0.0014
2022-08-12 2022-06-30 13F MERCANTILE BK COM 587376104 1,363,914 13,971 1.03 43,576 -8.87 0.0014
2022-05-12 2022-03-31 13F MERCANTILE BK COM 587376104 1,349,943 -22,697 -1.65 47,815 -0.56 0.0013
2022-02-10 2021-12-31 13F MERCANTILE BK COM 587376104 1,372,640 -3,369 -0.24 48,086 9.10 0.0012
2021-11-09 2021-09-30 13F MERCANTILE BK COM 587376104 1,376,009 -40,070 -2.83 44,074 3.06 0.0012
2021-08-11 2021-06-30 13F MERCANTILE BK COM 587376104 1,416,079 -92,565 -6.14 42,767 -12.69 0.0012
2021-05-07 2021-03-31 13F MERCANTILE BANK COM 587376104 1,508,644 108,664 7.76 48,984 28.78 0.0014
2021-02-05 2020-12-31 13F MERCANTILE BANK COM 587376104 1,399,980 59,158 4.41 38,038 57.42 0.0012
2020-11-06 2020-09-30 13F MERCANTILE BANK COM 587376104 1,340,822 -41,983 -3.04 24,163 -22.68 0.0009
2020-08-14 2020-06-30 13F MERCANTILE BANK COM 587376104 1,382,805 -6,306 -0.45 31,251 6.27 0.0012
2020-05-01 2020-03-31 13F MERCANTILE BANK COM 587376104 1,389,111 12,526 0.91 29,408 -41.42 0.0014
2020-02-13 2019-12-31 13F MERCANTILE BANK COM 587376104 1,376,585 77,495 5.97 50,205 17.82 0.0019
2019-11-08 2019-09-30 13F MERCANTILE BANK COM 587376104 1,299,090 32,914 2.60 42,610 3.30 0.0018
2019-08-22 2019-06-30 13F/A-1 MERCANTILE BANK COM 587376104 1,266,176 51,451 4.24 41,250 3.78 0.0018
2019-08-13 2019-06-30 13F MERCANTILE BANK COM 587376104 1,266,176 51,451 41,250
2019-05-09 2019-03-31 13F MERCANTILE BANK COM 587376104 1,214,725 -27,899 -2.25 39,747 13.19 0.0018
2019-02-08 2018-12-31 13F MERCANTILE BANK COM 587376104 1,242,624 106,271 9.35 35,115 -7.40 0.0018
2018-11-09 2018-09-30 13F MERCANTILE BANK COM 587376104 1,136,353 56,701 5.25 37,920 -4.97 0.0016
2018-08-09 2018-06-30 13F MERCANTILE BANK COM 587376104 1,079,652 125,179 13.11 39,904 25.73 0.0018
2018-05-09 2018-03-31 13F MERCANTILE BANK COM 587376104 954,473 -13,051 -1.35 31,737 -7.26 0.0015
2018-02-09 2017-12-31 13F MERCANTILE BANK COM 587376104 967,524 35,130 3.77 34,220 5.16 0.0016
2017-11-14 2017-09-30 13F MERCANTILE BANK COM 587376104 932,394 49,906 5.66 32,542 17.13 0.0016
2017-08-10 2017-06-30 13F MERCANTILE BANK COM 587376104 882,488 35,950 4.25 27,782 -4.60 0.0015
2017-05-12 2017-03-31 13F MERCANTILE BANK COM 587376104 846,538 842,672 21,797.00 29,121 19,845.89 0.0016
2017-02-10 2016-12-31 13F MERCANTILE BANK COM 587376104 3,866 -2,380 -38.10 146 -13.10 0.0002
2016-11-08 2016-09-30 13F MERCANTILE BANK COM 587376104 6,246 0 0.00 168 12.75 0.0002
2016-08-10 2016-06-30 13F MERCANTILE BANK COM 587376104 6,246 5,068 430.22 149 451.85 0.0002
2016-05-10 2016-03-31 13F MERCANTILE BANK COM 587376104 1,178 704 148.52 27 125.00 0.0000
2016-02-11 2015-12-31 13F MERCANTILE BANK COM 587376104 474 0 0.00 12 20.00 0.0000
2015-11-13 2015-09-30 13F MERCANTILE BANK COM 587376104 474 0 0.00 10 0.00 0.0000
2015-08-07 2015-06-30 13F MERCANTILE BANK COM 587376104 474 0 0.00 10 11.11 0.0000
2015-05-13 2015-03-31 13F MERCANTILE BANK COM 587376104 474 0 0.00 9 -10.00 0.0000
2015-02-09 2014-12-31 13F MERCANTILE BANK COM 587376104 474 0 0.00 10 11.11 0.0000
2014-10-29 2014-09-30 13F MERCANTILE BANK COM 587376104 474 0 0.00 9 -18.18 0.0000
2014-08-06 2014-06-30 13F MERCANTILE BANK COM 587376104 474 474 11 0.0000
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.