MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

RAYMOND JAMES FINANCIAL INC's Holding History (CIK: 0000720005)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 44,715 Value ($000) $2,151 Avg Close $45.87 Range $42.41 - $50.41

Q3 2025

Shares 44,455 Value ($000) $2,000 Avg Close $46.86 Range $43.03 - $49.73

Q2 2025

Shares 35,276 Value ($000) $1,637 Avg Close $42.36 Range $36.85 - $47.07

Q1 2025

Shares 31,715 Value ($000) $1,378 Avg Close $45.00 Range $39.27 - $50.23

Q4 2024

Shares 31,278 Value ($000) $1,392 Avg Close $44.75 Range $39.26 - $50.92

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	44,715	$2,151	$45.87	$42.41 - $50.41
Q3 2025	44,455	$2,000	$46.86	$43.03 - $49.73
Q2 2025	35,276	$1,637	$42.36	$36.85 - $47.07
Q1 2025	31,715	$1,378	$45.00	$39.27 - $50.23
Q4 2024	31,278	$1,392	$44.75	$39.26 - $50.92