Maltese Capital Management’s Mercantile Bank Corp MBWM Stock Holding History

Maltese Capital Management’s Portfolio MBWM Stock Details MBWM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-82,000	Closed	-$3.69M	–	123
2025 Q3	$3.69M	Sell	82,000 -18,000	-18%	-$855K	0.56%	65
2025 Q2	$4.64M	Buy	100,000 +14,302	+17%	+$619K	0.65%	54
2025 Q1	$3.72M	Buy	85,698 +18,198	+27%	+$844K	0.61%	58
2024 Q4	$3M	Buy	+67,500	New	+$3.14M	0.46%	67
2019 Q1	–	Sell	-25,000	Closed	-$707K	–	204
2018 Q4	$707K	Buy	+25,000	New	+$775K	0.06%	179
2015 Q4	–	Sell	-132,100	Closed	-$2.75M	–	227
2015 Q3	$2.75M	Buy	+132,100	New	+$2.7M	0.31%	116
2014 Q4	–	Sell	-93,100	Closed	-$1.77M	–	215
2014 Q3	$1.77M	Sell	93,100 -21,900	-19%	-$433K	0.21%	138
2014 Q2	$2.63M	Sell	115,000 -34,000	-23%	-$705K	0.34%	103
2014 Q1	$3.07M	Buy	149,000 +98,200	+193%	+$2.03M	0.37%	95
2013 Q4	$1.1M	Buy	+50,800	New	+$1.09M	0.11%	141

Other funds holding MBWM

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

NSAM

North Star Asset Management Neenah, Wisconsin $2.31B AUM 10.09% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Maltese Capital Management's MBWM Position: Q4 2025 in Review

Maltese Capital Management sold out of Mercantile Bank Corp (MBWM) in Q4 2025, closing a stake of 82,000 shares — an estimated $3.69M sold.

Maltese Capital Management first reported a position in MBWM in Q4 2013 and held it in 10 quarters. The position peaked at $4.64M in Q2 2025. 191 funds tracked by Wall St. Rank hold MBWM as of Q4 2025.

Maltese Capital Management reported no remaining Mercantile Bank Corp position as of Q4 2025 after selling out during the quarter.
Maltese Capital Management sold 82,000 Mercantile Bank Corp shares in Q4 2025, an estimated $3.69M.
Maltese Capital Management first reported a position in Mercantile Bank Corp in Q4 2013 and held it in 10 quarters.
Maltese Capital Management's Mercantile Bank Corp position peaked at $4.64M in Q2 2025.
191 funds tracked by Wall St. Rank held Mercantile Bank Corp as of Q4 2025.

Based on Maltese Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.