HOTCHKIS & WILEY's MBWM Position Overview
HOTCHKIS & WILEY (via Hotchkis & Wiley Capital Management LLC) currently holds 191,153 shares of Mercantile Bank Corporation (MBWM) worth $9.65 M, representing 0.03% of the portfolio. First purchased in 2020-Q4, this long-term strategic position has been held for 22 quarters.
Based on 13F filings, HOTCHKIS & WILEY has maintained a strategic position in MBWM, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2025, adding 55,290 shares. Largest reduction occurred in Q1 2024, reducing 57,590 shares.
Analysis based on 13F filings available since 2013 Q2
HOTCHKIS & WILEY's Mercantile Bank Corporation (MBWM) Holding Value Over Time
Track share changes against reported price movement
Quarterly Mercantile Bank Corporation (MBWM) Trades by HOTCHKIS & WILEY
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | -11,470 | Reduce 5.66% | 191,153 | $50.50 |
| Q4 2025 | +910 | Add 0.45% | 202,623 | $48.10 |
| Q3 2025 | +54,373 | Add 36.90% | 201,713 | $45.00 |
| Q2 2025 | +16,030 | Add 12.21% | 147,340 | $46.41 |
| Q1 2025 | +55,290 | Add 72.73% | 131,310 | $43.44 |
| Q4 2024 | +300 | Add 0.40% | 76,020 | $44.49 |
| Q3 2024 | +400 | Add 0.53% | 75,720 | $43.72 |
| Q2 2024 | +4,270 | Add 6.01% | 75,320 | $40.57 |
| Q1 2024 | -57,590 | Reduce 44.77% | 71,050 | $38.49 |
| Q4 2023 | -8,540 | Reduce 6.23% | 128,640 | $40.38 |
| Q3 2023 | -2,500 | Reduce 1.79% | 137,180 | $30.91 |
| Q2 2023 | +11,150 | Add 8.68% | 139,680 | $27.62 |
| Q1 2023 | -1,300 | Reduce 1.00% | 128,530 | $30.58 |
| Q4 2022 | -6,380 | Reduce 4.68% | 129,830 | $33.48 |
| Q3 2022 | -14,100 | Reduce 9.38% | 136,210 | $29.71 |
| Q2 2022 | +7,800 | Add 5.47% | 150,310 | $31.95 |
| Q1 2022 | -940 | Reduce 0.66% | 142,510 | $35.42 |
| Q4 2021 | -1,700 | Reduce 1.17% | 143,450 | $35.03 |
| Q3 2021 | -2,590 | Reduce 1.75% | 145,150 | $32.03 |
| Q2 2021 | +12,960 | Add 9.62% | 147,740 | $30.20 |
| Q1 2021 | +3,290 | Add 2.50% | 134,780 | $32.47 |
| Q4 2020 | +131,490 | New Buy | 131,490 | $27.17 |
HOTCHKIS & WILEY's Mercantile Bank Corporation Investment FAQs
HOTCHKIS & WILEY first purchased Mercantile Bank Corporation (MBWM) in Q4 2020, acquiring 131,490 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
HOTCHKIS & WILEY has held Mercantile Bank Corporation (MBWM) for 22 quarters since Q4 2020.
HOTCHKIS & WILEY's largest addition to Mercantile Bank Corporation (MBWM) was in Q4 2020, adding 131,490 shares worth $3.57 M.
According to the latest 13F filing for Q1 2026, HOTCHKIS & WILEY's firm, Hotchkis & Wiley Capital Management LLC, owns 191,153 shares of Mercantile Bank Corporation (MBWM), valued at approximately $9.65 M.
As of the Q1 2026 filing, Mercantile Bank Corporation (MBWM) represents approximately 0.03% of HOTCHKIS & WILEY's publicly disclosed stock portfolio, making it one of their key holdings.
HOTCHKIS & WILEY's peak holding in Mercantile Bank Corporation (MBWM) was 202,623 shares, as reported at the end of Q4 2025.