Invesco Ltd. reports 3.68% decrease in ownership of MCS / Mercantile Bank Corporation

Mercantile Bank Corporation

DE ˙ DB ˙ GB00BYNVD082

43,40 € ↓ -1,80 (-3,98%)

2026-06-04
DEL PRIS

Security	DE:MCS / Mercantile Bank Corporation
Institution	Invesco Ltd.
Latest Disclosed Ownership	22,549 shares
Latest Disclosed Value	$ 1,138,726

On May 12, 2026 - Invesco Ltd. filed a 13F-HR form disclosing ownership of 22,549 shares of Mercantile Bank Corporation (DE:MCS) valued at $974,117 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 19, 2026 disclosing 23,411 shares of Mercantile Bank Corporation. This represents a change in shares of -3.68% during the quarter. The current value of the position is $978,627 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel Premium Registration Required .

Disclosed Equity Positions (from 13F/NPORT Filings)

File Date	Effective Date	Form	Security	Class	ID	Reported Shares	ΔShares	ΔShares (%)	Reported Value (x1000)	ΔValue (%)	Alloc (%)
2026-05-12	2026-03-31	13F	MERCANTILE BK	COM	587376104	22,549	-862	-3.68	1,139	1.07	0.0002
2026-02-19	2025-12-31	13F	MERCANTILE BK	COM	587376104	23,411	-4,650	-16.57	1,126	-10.78	0.0002
2025-11-13	2025-09-30	13F	MERCANTILE BK	COM	587376104	28,061	-4,163	-12.92	1,263	-15.59	0.0002
2025-08-13	2025-06-30	13F	MERCANTILE BK	COM	587376104	32,224	-6,717	-17.25	1,496	-11.59	0.0003
2025-05-12	2025-03-31	13F	MERCANTILE BK	COM	587376104	38,941	-1,348	-3.35	1,692	-5.64	0.0003
2025-02-13	2024-12-31	13F	MERCANTILE BK	COM	587376104	40,289	1,654	4.28	1,792	6.10	0.0003
2024-11-12	2024-09-30	13F	MERCANTILE BK	COM	587376104	38,635	-8,156	-17.43	1,689	-11.01	0.0003
2024-08-13	2024-06-30	13F	MERCANTILE BK	COM	587376104	46,791	-9,025	-16.17	1,898	-11.64	0.0004
2024-05-14	2024-03-31	13F	MERCANTILE BK	COM	587376104	55,816	22,266	66.37	2,148	58.64	0.0005
2024-02-13	2023-12-31	13F	MERCANTILE BK	COM	587376104	33,550	8,884	36.02	1,355	77.69	0.0003
2023-11-13	2023-09-30	13F	MERCANTILE BK	COM	587376104	24,666	3,924	18.92	762	33.22	0.0002
2023-08-11	2023-06-30	13F	MERCANTILE BK	COM	587376104	20,742	-3,218	-13.43	573	-21.86	0.0002
2023-05-12	2023-03-31	13F	MERCANTILE BK	COM	587376104	23,960	-12,447	-34.19	733	-39.90	0.0002
2023-02-13	2022-12-31	13F	MERCANTILE BK	COM	587376104	36,407	-8,411	-18.77	1,219	-8.49	0.0004
2022-11-14	2022-09-30	13F	MERCANTILE BK	COM	587376104	44,818	-3,333	-6.92	1,331	-13.52	0.0004
2022-08-15	2022-06-30	13F	MERCANTILE BK	COM	587376104	48,151	6,274	14.98	1,539	3.78	0.0005
2022-05-16	2022-03-31	13F	MERCANTILE BK	COM	587376104	41,877	18,206	76.91	1,483	78.89	0.0004
2022-02-14	2021-12-31	13F	MERCANTILE BK	COM	587376104	23,671	-1,672	-6.60	829	2.09	0.0002
2021-11-15	2021-09-30	13F	MERCANTILE BK	COM	587376104	25,343	1,848	7.87	812	14.37	0.0002
2021-08-17	2021-06-30	13F	MERCANTILE BK	COM	587376104	23,495	2,257	10.63	710	3.05	0.0002
2021-05-17	2021-03-31	13F	MERCANTILE BANK	COM	587376104	21,238	-6,335	-22.98	689	-8.01	0.0002
2021-02-16	2020-12-31	13F	MERCANTILE BANK	COM	587376104	27,573	3,482	14.45	749	72.58	0.0002
2020-11-16	2020-09-30	13F	MERCANTILE BANK	COM	587376104	24,091	-643	-2.60	434	-22.36	0.0001
2020-08-14	2020-06-30	13F	MERCANTILE BANK	COM	587376104	24,734	-1,071	-4.15	559	2.38	0.0002
2020-05-15	2020-03-31	13F	MERCANTILE BANK	COM	587376104	25,805	1,169	4.75	546	-39.20	0.0002
2020-02-14	2019-12-31	13F	MERCANTILE BANK	COM	587376104	24,636	201	0.82	898	12.11	0.0003
2019-11-14	2019-09-30	13F	MERCANTILE BANK	COM	587376104	24,435	-560	-2.24	801	-1.60	0.0002
2019-08-14	2019-06-30	13F/A-1	MERCANTILE BANK	COM	587376104	24,995	-6,539	-20.74	814	-21.12	0.0002
2019-08-14	2019-06-30	13F	MERCANTILE BANK	COM	587376104	24,995	-6,539		814
2019-05-15	2019-03-31	13F	MERCANTILE BANK	COM	587376104	31,534	958	3.13	1,032	19.44	0.0003
2019-02-14	2018-12-31	13F	MERCANTILE BANK	COM	587376104	30,576	2,197	7.74	864	-8.76	0.0003
2018-11-14	2018-09-30	13F	MERCANTILE BANK	COM	587376104	28,379	342	1.22	947	-8.59	0.0003
2018-08-14	2018-06-30	13F	MERCANTILE BANK	COM	587376104	28,037	4,360	18.41	1,036	31.64	0.0003
2018-05-15	2018-03-31	13F	MERCANTILE BANK	COM	587376104	23,677	1,138	5.05	787	-1.25	0.0003
2018-02-14	2017-12-31	13F	MERCANTILE BANK	COM	587376104	22,539	104	0.46	797	1.79	0.0003
2017-11-14	2017-09-30	13F	MERCANTILE BANK	COM	587376104	22,435	-58,648	-72.33	783	-69.32	0.0003
2017-08-14	2017-06-30	13F	MERCANTILE BANK	COM	587376104	81,083	3,008	3.85	2,552	-4.99	0.0008
2017-05-15	2017-03-31	13F	MERCANTILE BANK	COM	587376104	78,075	55,018	238.62	2,686	209.09	0.0009
2017-02-14	2016-12-31	13F	MERCANTILE BANK	COM	587376104	23,057	-281	-1.20	869	38.60	0.0003
2016-11-14	2016-09-30	13F	MERCANTILE BANK	COM	587376104	23,338	4,148	21.62	627	36.90	0.0002
2016-08-15	2016-06-30	13F	MERCANTILE BANK	COM	587376104	19,190	-783	-3.92	458	2.23	0.0002
2016-05-16	2016-03-31	13F	MERCANTILE BANK	COM	587376104	19,973	1,709	9.36	448	0.00	0.0002
2016-02-16	2015-12-31	13F	MERCANTILE BANK	COM	587376104	18,264	3,132	20.70	448	42.68	0.0002
2015-11-16	2015-09-30	13F	MERCANTILE BANK	COM	587376104	15,132	365	2.47	314	-0.63	0.0001
2015-08-14	2015-06-30	13F	MERCANTILE BANK	COMMON	587376104	14,767	5,813	64.92	316	80.57	0.0001
2015-05-15	2015-03-31	13F	MERCANTILE BANK	COMMON	587376104	8,954	296	3.42	175	-3.85	0.0001
2015-02-13	2014-12-31	13F	MERCANTILE BANK	COMMON	587376104	8,658	-3,528	-28.95	182	-21.55	0.0001
2014-11-14	2014-09-30	13F	MERCANTILE BANK	COMMON	587376104	12,186	-3,650	-23.05	232	-35.91	0.0001
2014-08-14	2014-06-30	13F	MERCANTILE BANK	COMMON	587376104	15,836	674	4.45	362	15.65	0.0001
2014-05-15	2014-03-31	13F	MERCANTILE BANK	COMMON	587376104	15,162	7,292	92.66	313	84.12	0.0001
2014-02-13	2013-12-31	13F	MERCANTILE BANK	COMMON	587376104	7,870	-6,475	-45.14	170	-45.51	0.0001
2013-11-13	2013-09-30	13F	MERCANTILE BANK	COMMON	587376104	14,345	1,552	12.13	312	35.65	0.0001
2013-08-14	2013-06-30	13F	MERCANTILE BANK	COMMON	587376104	12,793	12,793		230		0.0001

Legend

Shares: The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value: The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price: The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class: This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred

Allocation (%): The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation: The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%): The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis: The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss: This is the market value of the position as of the effective date minus the cost basis.