MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

Hennion & Walsh Asset Management, Inc.'s Holding History (CIK: 0001861642)

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

Q4 2025

Shares 11,793 Value ($000) $567 Avg Close $45.87 Range $42.41 - $50.41

Q3 2025

Shares 15,822 Value ($000) $712 Avg Close $46.86 Range $43.03 - $49.73

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	11,793	$567	$45.87	$42.41 - $50.41
Q3 2025	15,822	$712	$46.86	$43.03 - $49.73