Mercantile Bank Corporation
DE ˙ DB ˙ GB00BYNVD082
43,40 € ↓ -1,80 (-3,98%)
2026-06-04
AKTIENPREIS
SecurityDE:MCS / Mercantile Bank Corporation
InstitutionLsv Asset Management
Latest Disclosed Ownership283,186 shares
Latest Disclosed Value $ 14,301
Lsv Asset Management reports 4.03% decrease in ownership of MCS / Mercantile Bank Corporation

On May 11, 2026 - Lsv Asset Management filed a 13F-HR form disclosing ownership of 283,186 shares of Mercantile Bank Corporation (DE:MCS) valued at $12,233,635 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 6, 2026 disclosing 295,086 shares of Mercantile Bank Corporation. This represents a change in shares of -4.03% during the quarter. The current value of the position is $12,290,272 USD.

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)
2026-05-11 2026-03-31 13F Mercantile Bank COM 587376104 283,186 -11,900 -4.03 14 0.00 0.0308
2026-02-06 2025-12-31 13F Mercantile Bank COM 587376104 295,086 -5,200 -1.73 14 7.69 0.0310
2025-11-06 2025-09-30 13F Mercantile Bank COM 587376104 300,286 -17,900 -5.63 14 -7.14 0.0298
2025-08-11 2025-06-30 13F Mercantile Bank COM 587376104 318,186 -3,300 -1.03 15 7.69 0.0346
2025-05-09 2025-03-31 13F Mercantile Bank COM 587376104 321,486 34,776 12.13 14 8.33 0.0335
2025-02-13 2024-12-31 13F Mercantile Bank COM 587376104 286,710 10,081 3.64 13 0.00 0.0294
2024-11-12 2024-09-30 13F Mercantile Bank COM 587376104 276,629 16,500 6.34 12 20.00 0.0259
2024-08-06 2024-06-30 13F Mercantile Bank COM 587376104 260,129 34,725 15.41 11 25.00 0.0231
2024-05-06 2024-03-31 13F Mercantile Bank COM 587376104 225,404 12,726 5.98 9 0.00 0.0180
2024-02-06 2023-12-31 13F Mercantile Bank COM 587376104 212,678 0 0.00 9 33.33 0.0187
2023-11-03 2023-09-30 13F Mercantile Bank COM 587376104 212,678 0 0.00 7 20.00 0.0153
2023-08-02 2023-06-30 13F Mercantile Bank COM 587376104 212,678 1,296 0.61 6 -16.67 0.0130
2023-05-02 2023-03-31 13F Mercantile Bank COM 587376104 211,382 60,762 40.34 6 20.00 0.0145
2023-02-08 2022-12-31 13F Mercantile Bank COM 587376104 150,620 16,120 11.99 5 -99.87 0.0111
2022-11-07 2022-09-30 13F/A-1 Mercantile Bank COM 587376104 134,500 -8,600 -6.01 3,996 -12.60 0.0094
2022-11-04 2022-09-30 13F Mercantile Bank COM 587376104 143,100 0 4,572 0.0099
2022-08-10 2022-06-30 13F Mercantile Bank COM 587376104 143,100 -1,537 -1.06 4,572 -10.76 0.0099
2022-05-12 2022-03-31 13F Mercantile Bank COM 587376104 144,637 -3,058 -2.07 5,123 -0.99 0.0094
2022-01-28 2021-12-31 13F Mercantile Bank COM 587376104 147,695 -17,075 -10.36 5,174 -1.95 0.0092
2021-11-04 2021-09-30 13F Mercantile Bank COM 587376104 164,770 -8,100 -4.69 5,277 1.09 0.0095
2021-08-04 2021-06-30 13F Mercantile Bank COM 587376104 172,870 -5,337 -2.99 5,220 -9.78 0.0089
2021-04-30 2021-03-31 13F Mercantile Bank COM 587376104 178,207 10 0.01 5,786 19.52 0.0099
2021-02-08 2020-12-31 13F Mercantile Bank COM 587376104 178,197 -4,200 -2.30 4,841 47.32 0.0088
2020-10-23 2020-09-30 13F Mercantile Bank COM 587376104 182,397 -13,000 -6.65 3,286 -25.57 0.0067
2020-08-05 2020-06-30 13F Mercantile Bank COM 587376104 195,397 -11,500 -5.56 4,415 0.80 0.0092
2020-05-07 2020-03-31 13F Mercantile Bank COM 587376104 206,897 -13,100 -5.95 4,380 -45.41 0.0106
2020-02-10 2019-12-31 13F Mercantile Bank COM 587376104 219,997 -16,300 -6.90 8,023 3.52 0.0125
2019-11-07 2019-09-30 13F Mercantile Bank COM 587376104 236,297 -1,867 -0.78 7,750 -0.12 0.0128
2019-08-08 2019-06-30 13F/A-1 Mercantile Bank COM 587376104 238,164 -333 -0.14 7,759 -0.56 0.0125
2019-08-07 2019-06-30 13F Mercantile Bank COM 587376104 238,497 0 7,803
2019-05-07 2019-03-31 13F Mercantile Bank COM 587376104 238,497 -10,800 -4.33 7,803 10.76 0.0125
2019-02-05 2018-12-31 13F Mercantile Bank COM 587376104 249,297 3,100 1.26 7,045 -14.24 0.0125
2018-11-06 2018-09-30 13F Mercantile Bank COM 587376104 246,197 -5,200 -2.07 8,215 -11.58 0.0123
2018-08-08 2018-06-30 13F Mercantile Bank COM 587376104 251,397 -2,700 -1.06 9,291 9.98 0.0145
2018-05-04 2018-03-31 13F Mercantile Bank COM 587376104 254,097 8,104 3.29 8,448 -2.90 0.0134
2018-01-31 2017-12-31 13F Mercantile Bank COM 587376104 245,993 -8,815 -3.46 8,700 -2.16 0.0137
2017-11-13 2017-09-30 13F Mercantile Bank COM 587376104 254,808 -2,000 -0.78 8,892 10.00 0.0147
2017-08-09 2017-06-30 13F Mercantile Bank COM 587376104 256,808 5,400 2.15 8,084 -6.52 0.0144
2017-05-01 2017-03-31 13F Mercantile Bank COM 587376104 251,408 -7,963 -3.07 8,648 -11.56 0.0158
2017-02-07 2016-12-31 13F Mercantile Bank COM 587376104 259,371 -8,646 -3.23 9,778 35.88 0.0180
2016-11-07 2016-09-30 13F Mercantile Bank COM 587376104 268,017 7,100 2.72 7,196 15.60 0.0141
2016-08-05 2016-06-30 13F Mercantile Bank COM 587376104 260,917 9,000 3.57 6,225 10.24 0.0127
2016-05-10 2016-03-31 13F Mercantile Bank COM 587376104 251,917 48,161 23.64 5,647 12.94 0.0118
2016-02-03 2015-12-31 13F Mercantile Bank COM 587376104 203,756 26,070 14.67 5,000 35.43 0.0109
2015-11-05 2015-09-30 13F Mercantile Bank COM 587376104 177,686 18,509 11.63 3,692 8.37 0.0083
2015-08-07 2015-06-30 13F Mercantile Bank COM 587376104 159,177 43,240 37.30 3,407 50.35 0.0071
2015-05-06 2015-03-31 13F Mercantile Bank COM 587376104 115,937 115,937 0.00 2,266 0.0047
2015-02-04 2014-12-31 13F Mercantile Bank COM 587376104 0 -98,788 -100.00 0 -100.00
2014-11-12 2014-09-30 13F Mercantile Bank COM 587376104 98,788 0 0.00 1,881 -16.77 0.0041
2014-08-06 2014-06-30 13F Mercantile Bank COM 587376104 98,788 39,239 65.89 2,260 84.19 0.0050
2014-04-29 2014-03-31 13F Mercantile Bank COM 587376104 59,549 0 0.00 1,227 -4.51 0.0029
2014-02-05 2013-12-31 13F Mercantile Bank COM 587376104 59,549 0 0.00 1,285 -0.85 0.0030
2013-11-08 2013-09-30 13F Mercantile Bank COM 587376104 59,549 5,649 10.48 1,296 33.88 0.0033
2013-08-12 2013-06-30 13F Mercantile Bank COM 587376104 53,900 53,900 968 0.0026
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.