As of August 28, 2026, Mercantile Bank Corporation (MBWM) has a DilutionWatch DilutionScore of 27/100, rated MEDIUM dilution risk. This is a component-limited score because one or more material inputs are unavailable or not applicable. Mercantile Bank Corporation has a market capitalization of $915.37M, 17.29M shares outstanding, 201 institutional holders tracked.
This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.
Score Breakdown
💰Cash Runway—
Dilution Forecast
☀️
Clear
No significant dilution signals
model est. 0%
No significant dilution signals detected for MBWM.
Market Data
Market Cap$915.37M
Shares Outstanding17.29M
Float16.83M
Cash$114.78M
Debt$726.09M
Short InterestN/A
Institutional Holdings
QoQ: ↑ 18.4% shares (2026Q1 vs prior)
201 institutional holders · 13.21M shares
#1
VANGUARD CAPITAL MANAGEMENT LLC
1.41M shares
#2
BlackRock, Inc.
1.39M shares
#3
WELLINGTON MANAGEMENT GROUP LLP
1.19M shares
Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.
Short Interest
Short Interest396.6K
Days to Cover2.5
% of Float2.4%
FINRA data as of Jul 31, 2026
Recent SEC Activity
4
INSIDER TRANSACTION
2026-02-09
4
INSIDER TRANSACTION
2026-02-09
4
INSIDER TRANSACTION
2026-02-09
4
INSIDER TRANSACTION
2026-02-09
4
INSIDER TRANSACTION
2026-02-09
Full SEC filing analysis available with free account
→
Recent News
No recent news
Factual MBWM Dilution Snapshot
Mercantile Bank Corporation (MBWM) has a DilutionScore of 27/100, rated Medium dilution risk. Score date: August 28, 2026.
- Recent SEC activity tracked for MBWM: 4 on 2026-02-09; 4 on 2026-02-09; 4 on 2026-02-09.
- Score coverage note: Cash Runway is marked not applicable or unavailable while debt exceeds cash in stored market data; do not read the overall score as a complete balance-sheet risk assessment.
This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.
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Score Coverage Note
- Cash Runway is marked not applicable or unavailable while debt exceeds cash in stored market data; do not read the overall score as a complete balance-sheet risk assessment.