MBWMMercantile Bank Corp

CSNasdaq (XNAS)·USD

Identity

Security key: 18373
Ticker: MBWM
Type: CS — Common Stock
Exchange: Nasdaq(XNAS)
Venue group: NASDAQ
Operating MIC: XNAS
Market: stocks
Locale: us
Currency: USD
Listed: 1997-10-24
Round lot: 100
Active: Yes
Last seen in a load: 2026-08-14 20:49
Vendor updated: 2026-08-13 06:09
Ticker root / suffix: MBWM

Detail

Enriched 2026-08-14 20:47

Market cap: $1,059,800,306.99
Shares outstanding (class): 17,285,929
Shares outstanding (weighted): 17,285,929
SIC: 6022 STATE COMMERCIAL BANKS
Employees: 786
Location: GRAND RAPIDS, MI
Homepage: https://www.mercbank.com
Description: Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.

Market cap and share counts drift.

Funds holding this security

109 funds · 109 positions · $110.77M reported value, as of 2026-03-31

All holders →

Fund	Ticker	Position value	% of fund	Balance	Match
VANGUARD TOTAL STOCK MARKET INDEX FUND VANGUARD INDEX FUNDS	VTI	$24.99M	0.00%	494,837 NS	FIGI
iShares Russell 2000 ETF iShares Trust	IWM	$20.19M	0.03%	399,801 NS	FIGI
VANGUARD EXTENDED MARKET INDEX FUND VANGUARD INDEX FUNDS	VXF	$9.74M	0.01%	192,874 NS	FIGI
iShares Russell 2000 Value ETF iShares Trust	IWN	$7.31M	0.06%	144,779 NS	FIGI
TRIBUTARY SMALL COMPANY FUND TRIBUTARY CAPITAL MANAGEMENT, LLC	—	$6.77M	1.19%	134,072 NS	FIGI
State Street(R) SPDR(R) S&P(R) Regional Banking… SPDR SERIES TRUST	KRE	$6.11M	0.16%	120,938 NS	FIGI
Omni Small-Cap Value Fund Bridgeway Funds, Inc.	—	$2.39M	0.20%	47,300 NS	FIGI
Hotchkis and Wiley Small Cap Diversified Value … HOTCHKIS & WILEY FUNDS/DE/	—	$2.39M	0.29%	47,240 NS	FIGI
JPMorgan Small Cap Value Fund JPMorgan Trust II	—	$2.21M	0.19%	43,854 NS	FIGI
iShares Micro-Cap ETF iShares Trust	IWC	$2.14M	0.18%	42,384 NS	FIGI
VANGUARD STRATEGIC SMALL-CAP EQUITY FUND VANGUARD HORIZON FUNDS	—	$2.10M	0.09%	41,597 NS	FIGI
JPMorgan U.S. Small Company Fund JPMorgan Trust I	—	$1.44M	0.16%	28,548 NS	FIGI
Master Small Cap Index Series Quantitative Master Series LLC	—	$1.28M	0.03%	25,316 NS	FIGI
AST Small-Cap Equity Portfolio Advanced Series Trust	—	$1.16M	0.06%	22,916 NS	FIGI
WisdomTree U.S. SmallCap Dividend Fund WisdomTree Trust	DES	$1.11M	0.06%	21,985 NS	FIGI

How positions resolve to the securities master. FIGI_COMPOSITE is exact identifier equality — both sides got the FIGI from Bloomberg. TICKER is a narrow fallback used only where the master row carries no FIGI at all (2,389 rows do not, disproportionately Irish-domiciled US listings like LIN and ACN). Roughly 22% of all positions resolve to the master.

Funds holding this security

Identifiers

master.security_identifier

TICKERMBWM
FIGI_COMPOSITEBBG000BP2RV5
FIGI_SHARE_CLASSBBG001S971V3
CIK0001042729
ISINUS5873761044
Resolved through OpenFIGI from a holdings ISIN, not supplied by the securities vendor.

Identifiers

Classification

classification.v_security_classification

Asset class: Equity
Sector: Financials
Industry: Banking
Source: LLMunreviewed
Self-reported confidence: 0.95
Model: deepseek
Rationale: Mercantile Bank Corp is a commercial bank, classified under financials and banking.

Classifications are unreviewed model output. All 5,771 assignments carry source = LLM and is_reviewed = false. Confidence is the model’s own estimate and is not calibrated — it clustered at 0.90–0.98 across the whole first pass, including rows that later proved wrong. Use it to order a review queue, not as a probability. Two share classes of one issuer can disagree.

Classification

Fund data

Not linked to a fund series.

Either this is not a fund, or it is one the SEC share-class snapshot cannot reach — commodity trusts and notes have no series ID at all.