MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

LSV ASSET MANAGEMENT's Holding History (CIK: 0001050470)

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

Q4 2025

Shares 295,086 Value ($000) $14 Avg Close $45.87 Range $42.41 - $50.41

Q3 2025

Shares 300,286 Value ($000) $14 Avg Close $46.86 Range $43.03 - $49.73

Q2 2025

Shares 318,186 Value ($000) $15 Avg Close $42.36 Range $36.85 - $47.07

Q1 2025

Shares 321,486 Value ($000) $14 Avg Close $45.00 Range $39.27 - $50.23

Q4 2024

Shares 286,710 Value ($000) $13 Avg Close $44.75 Range $39.26 - $50.92

Q3 2024

Shares 276,629 Value ($000) $12 Avg Close $42.22 Range $36.25 - $48.82

Q2 2024

Shares 260,129 Value ($000) $11 Avg Close $35.44 Range $31.60 - $39.19

Q1 2024

Shares 225,404 Value ($000) $9 Avg Close $35.78 Range $32.03 - $40.05

Q4 2023

Shares 212,678 Value ($000) $9 Avg Close $32.54 Range $27.90 - $39.22

Q3 2023

Shares 212,678 Value ($000) $7 Avg Close $30.06 Range $24.71 - $33.68

Q2 2023

Shares 212,678 Value ($000) $6 Avg Close $25.19 Range $21.63 - $28.94

Q1 2023

Shares 211,382 Value ($000) $6 Avg Close $30.13 Range $26.60 - $33.18

Q4 2022

Shares 150,620 Value ($000) $5 Avg Close $29.85 Range $26.67 - $32.30

Q3 2022

Shares 134,500 Value ($000) $3,996 Avg Close $29.44 Range $25.99 - $34.34

Q2 2022

Shares 143,100 Value ($000) $4,572 Avg Close $28.27 Range $26.23 - $31.41

Q1 2022

Shares 144,637 Value ($000) $5,123 Avg Close $32.39 Range $30.19 - $34.58

Q4 2021

Shares 147,695 Value ($000) $5,174 Avg Close $29.90 Range $27.52 - $31.97

Q3 2021

Shares 164,770 Value ($000) $5,277 Avg Close $26.36 Range $24.18 - $28.25

Q2 2021

Shares 172,870 Value ($000) $5,220 Avg Close $26.87 Range $25.15 - $28.09

Q1 2021

Shares 178,207 Value ($000) $5,786 Avg Close $25.18 Range $22.28 - $28.98

Q4 2020

Shares 178,197 Value ($000) $4,841 Avg Close $19.74 Range $14.70 - $23.37

Q3 2020

Shares 182,397 Value ($000) $3,286 Avg Close $17.10 Range $14.08 - $19.75

Q2 2020

Shares 195,397 Value ($000) $4,415 Avg Close $17.76 Range $14.98 - $20.99

Q1 2020

Shares 206,897 Value ($000) $4,380 Avg Close $24.07 Range $15.19 - $29.58

Q4 2019

Shares 219,997 Value ($000) $8,023 Avg Close $27.83 Range $24.96 - $29.70

Q3 2019

Shares 236,297 Value ($000) $7,750 Avg Close $25.24 Range $23.31 - $26.97

Q2 2019

Shares 238,164 Value ($000) $7,759 Avg Close $25.50 Range $23.74 - $26.93

Q1 2019

Shares 238,497 Value ($000) $7,803 Avg Close $25.60 Range $21.46 - $27.59

Q4 2018

Shares 249,297 Value ($000) $7,045 Avg Close $23.28 Range $20.34 - $26.17

Q3 2018

Shares 246,197 Value ($000) $8,215 Avg Close $26.41 Range $24.55 - $28.44

Q2 2018

Shares 251,397 Value ($000) $9,291 Avg Close $26.43 Range $24.25 - $28.08

Q1 2018

Shares 254,097 Value ($000) $8,448 Avg Close $25.60 Range $23.81 - $27.39

Q4 2017

Shares 245,993 Value ($000) $8,700 Avg Close $26.15 Range $24.52 - $27.67

Q3 2017

Shares 254,808 Value ($000) $8,892 Avg Close $22.92 Range $21.01 - $26.06

Q2 2017

Shares 256,808 Value ($000) $8,084 Avg Close $23.48 Range $21.84 - $25.88

Q1 2017

Shares 251,408 Value ($000) $8,648 Avg Close $24.07 Range $21.88 - $27.11

Q4 2016

Shares 259,371 Value ($000) $9,778 Avg Close $22.21 Range $18.55 - $27.62

Q3 2016

Shares 268,017 Value ($000) $7,196 Avg Close $18.07 Range $16.30 - $19.60

Q2 2016

Shares 260,917 Value ($000) $6,225 Avg Close $16.40 Range $14.56 - $17.56

Q1 2016

Shares 251,917 Value ($000) $5,647 Avg Close $15.54 Range $14.31 - $16.73

Q4 2015

Shares 203,756 Value ($000) $5,000 Avg Close $16.07 Range $13.15 - $17.93

Q3 2015

Shares 177,686 Value ($000) $3,692 Avg Close $13.89 Range $12.48 - $14.88

Q2 2015

Shares 159,177 Value ($000) $3,407 Avg Close $13.68 Range $13.02 - $14.91

Q1 2015

Shares 115,937 Value ($000) $2,266 Avg Close $12.97 Range $12.52 - $14.18

Q4 2014

Shares 98,788 Value ($000) $2,076 Avg Close $13.18 Range $12.41 - $14.87

Q3 2014

Shares 98,788 Value ($000) $1,881 Avg Close $13.06 Range $12.14 - $15.56

Q2 2014

Shares 98,788 Value ($000) $2,260 Avg Close $13.00 Range $10.96 - $15.18

Q1 2014

Shares 59,549 Value ($000) $1,227 Avg Close $12.36 Range $11.23 - $13.27

Q4 2013

Shares 59,549 Value ($000) $1,285 Avg Close $12.77 Range $11.84 - $13.37

Q3 2013

Shares 59,549 Value ($000) $1,296 Avg Close $11.85 Range $10.54 - $13.30

Q2 2013

Shares 53,900 Value ($000) $968 Avg Close $9.96 Range $9.67 - $10.62

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	295,086	$14	$45.87	$42.41 - $50.41
Q3 2025	300,286	$14	$46.86	$43.03 - $49.73
Q2 2025	318,186	$15	$42.36	$36.85 - $47.07
Q1 2025	321,486	$14	$45.00	$39.27 - $50.23
Q4 2024	286,710	$13	$44.75	$39.26 - $50.92
Q3 2024	276,629	$12	$42.22	$36.25 - $48.82
Q2 2024	260,129	$11	$35.44	$31.60 - $39.19
Q1 2024	225,404	$9	$35.78	$32.03 - $40.05
Q4 2023	212,678	$9	$32.54	$27.90 - $39.22
Q3 2023	212,678	$7	$30.06	$24.71 - $33.68
Q2 2023	212,678	$6	$25.19	$21.63 - $28.94
Q1 2023	211,382	$6	$30.13	$26.60 - $33.18
Q4 2022	150,620	$5	$29.85	$26.67 - $32.30
Q3 2022	134,500	$3,996	$29.44	$25.99 - $34.34
Q2 2022	143,100	$4,572	$28.27	$26.23 - $31.41
Q1 2022	144,637	$5,123	$32.39	$30.19 - $34.58
Q4 2021	147,695	$5,174	$29.90	$27.52 - $31.97
Q3 2021	164,770	$5,277	$26.36	$24.18 - $28.25
Q2 2021	172,870	$5,220	$26.87	$25.15 - $28.09
Q1 2021	178,207	$5,786	$25.18	$22.28 - $28.98
Q4 2020	178,197	$4,841	$19.74	$14.70 - $23.37
Q3 2020	182,397	$3,286	$17.10	$14.08 - $19.75
Q2 2020	195,397	$4,415	$17.76	$14.98 - $20.99
Q1 2020	206,897	$4,380	$24.07	$15.19 - $29.58
Q4 2019	219,997	$8,023	$27.83	$24.96 - $29.70
Q3 2019	236,297	$7,750	$25.24	$23.31 - $26.97
Q2 2019	238,164	$7,759	$25.50	$23.74 - $26.93
Q1 2019	238,497	$7,803	$25.60	$21.46 - $27.59
Q4 2018	249,297	$7,045	$23.28	$20.34 - $26.17
Q3 2018	246,197	$8,215	$26.41	$24.55 - $28.44
Q2 2018	251,397	$9,291	$26.43	$24.25 - $28.08
Q1 2018	254,097	$8,448	$25.60	$23.81 - $27.39
Q4 2017	245,993	$8,700	$26.15	$24.52 - $27.67
Q3 2017	254,808	$8,892	$22.92	$21.01 - $26.06
Q2 2017	256,808	$8,084	$23.48	$21.84 - $25.88
Q1 2017	251,408	$8,648	$24.07	$21.88 - $27.11
Q4 2016	259,371	$9,778	$22.21	$18.55 - $27.62
Q3 2016	268,017	$7,196	$18.07	$16.30 - $19.60
Q2 2016	260,917	$6,225	$16.40	$14.56 - $17.56
Q1 2016	251,917	$5,647	$15.54	$14.31 - $16.73
Q4 2015	203,756	$5,000	$16.07	$13.15 - $17.93
Q3 2015	177,686	$3,692	$13.89	$12.48 - $14.88
Q2 2015	159,177	$3,407	$13.68	$13.02 - $14.91
Q1 2015	115,937	$2,266	$12.97	$12.52 - $14.18
Q4 2014	98,788	$2,076	$13.18	$12.41 - $14.87
Q3 2014	98,788	$1,881	$13.06	$12.14 - $15.56
Q2 2014	98,788	$2,260	$13.00	$10.96 - $15.18
Q1 2014	59,549	$1,227	$12.36	$11.23 - $13.27
Q4 2013	59,549	$1,285	$12.77	$11.84 - $13.37
Q3 2013	59,549	$1,296	$11.85	$10.54 - $13.30
Q2 2013	53,900	$968	$9.96	$9.67 - $10.62