SEC 13F Intelligence

Managers / Q1 2025 · view latest →

MENDON CAPITAL ADVISORS CORP

CIK 0001177043 · OCEAN REEF PLAZA EXECUTIVE CENTER, 31 OCEAN REEF DRIVE,SUITE C101 #249, KEY LARGO, FL, 33037 · 5857701770

Reported Value
$216M
Q1 2025
Positions
53
Filings on Record
24
2019–present window
Filed
May 21, 2025
original filing

Summary

Mendon Capital Advisors Corp reported $216M in U.S.-listed holdings across 53 positions for Q1 2025.

Its largest position, EQBK, represents 7.2% of the portfolio.

Compared with Q4 2024, the fund opened 15 new positions and exited 6.

Portfolio Metrics

Turnover
+20.2%
vs prior filed quarter
Top-10 Concentration
+46.9%
share of reported value
Largest Position
+7.2%
Equity Bancshares
New / Exited
15 / 6
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $851MQ4 ’18Q1 ’19: $823MQ2 ’19: $638MQ3 ’19: $593MQ3 ’19Q4 ’19: $582MQ1 ’20: $204MQ2 ’20: $196MQ2 ’20Q3 ’20: $171MQ4 ’20: $213MQ1 ’21: $272MQ1 ’21Q2 ’21: $277MQ3 ’21: $293MQ4 ’21: $348MQ4 ’21Q1 ’22: $302MQ4 ’23: $241MQ1 ’24: $187MQ1 ’24Q2 ’24: $180MQ3 ’24: $155MQ4 ’24: $203MQ4 ’24Q1 ’25: $216MQ2 ’25: $206MQ3 ’25: $261MQ3 ’25Q4 ’25: $338MQ1 ’26: $258Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 99.1%REIT: 0.9%
  • Common Stock · 99.1% · $214M
  • REIT · 0.9% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FT2FIRST HORIZON CORPORATIONNEW+507.8K507.8K+$10M$10M
BUSEFIRST BUSEY CORPNEW+358.2K358.2K+$8M$8M
FRMEFIRST MERCHANTS CORPNEW+131.1K131.1K+$5M$5M
FBKFB FINL CORPNEW+50.0K50.0K+$5M$5M
NPBNORTHPOINTE BANCSHARES INC.NEW+213.1K213.1K+$3M$3M
AGNCAGNC INVT CORPNEW+200.0K200.0K+$2M$2M
HTBHOMETRUST BANCSHARES INCNEW+48.3K48.3K+$2M$2M
EFSIEAGLE FINL SVCS INCNEW+50.0K50.0K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2025

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EQBKEQUITY BANCSHARES INChistory →COM CL A7.24%$16M397.0K
2USCBUSCB FINANCIAL HOLDINGS INChistory →CLASS A COM5.76%$12M670.2K
3FRSTPRIMIS FINANCIAL CORPhistory →COM5.05%$11M1.12M
4ABXABACUS GLOBAL MGMT INChistory →CL A4.93%$11M1.42M
5VBNKVERSABANK NEWhistory →COM4.86%$10M1.01M
6FT2FIRST HORIZON CORPORATIONhistory →COM4.57%$10M507.8K
7FBMSUSDFIRST BANCSHARES INC MISShistory →COM3.91%$8M250.0K
8BUSEFIRST BUSEY CORPhistory →COM NEW3.58%$8M358.2K
9AMTBAMERANT BANCORP INChistory →CL A3.58%$8M374.3K
10VBTXVERITEX HLDGS INChistory →COM3.46%$7M25.0K
11OBKORIGIN BANCORP INChistory →COM3.37%$7M210.0K
12BFSTBUSINESS FIRST BANCSHARES INhistory →COM2.99%$6M265.0K
13BCALCALIFORNIA BANCORPhistory →COM2.86%$6M431.1K
14BB3BROOKLINE BANCORP INC DELhistory →COM2.52%$5M500.0K
15FRMEFIRST MERCHANTS CORPhistory →COM2.46%$5M131.1K
16PQ3PROVIDENT FINL SVCS INChistory →COM2.39%$5M300.0K
17FSUNFIRSTSUN CAP BANCORPhistory →COM2.35%$5M140.3K
18MYFWFIRST WESTN FINL INChistory →COM2.34%$5M257.2K
19CIVBCIVISTA BANCSHARES INChistory →COM NO PAR2.28%$5M251.6K
20MOFGMIDWESTONE FINL GROUP INC NEhistory →COM2.12%$5M154.3K
21FBKFB FINL CORPhistory →COM2.10%$5M50.0K
22BYBYLINE BANCORP INChistory →COM1.51%$3M125.0K
23NPBNORTHPOINTE BANCSHARES INC.history →COM SHS1.42%$3M213.1K
24FL8FLUSHING FINL CORPhistory →COM1.38%$3M235.2K
25FISIFINANCIAL INSTNS INChistory →COM1.29%$3M111.7K
26SHBISHORE BANCSHARES INChistory →COM1.29%$3M205.2K
27SSBKSOUTHERN STS BANCSHARES INChistory →COM1.24%$3M75.0K
28CCBCOASTAL FINL CORP WAhistory →COM NEW1.23%$3M15.0K
29QC10FLAGSTAR FINANCIAL INChistory →COM NEW1.11%$2M189.0K
30FFWMFIRST FNDTN INChistory →COM1.11%$2M460.4K
31MCHBHOMESTREET INChistory →COM1.09%$2M200.0K
32NICNICOLET BANKSHARES INCCOM0.96%$2M20.0K
33AGNCAGNC INVT CORPCOM0.89%$2M200.0K
34MPBMID PENN BANCORP INCCOM0.79%$2M66.0K
35OCFCOCEANFIRST FINL CORPCOM0.79%$2M100.0K
36OSBCOLD SECOND BANCORP INC ILLCOM0.77%$2M100.0K
37HTBHOMETRUST BANCSHARES INCCOM0.77%$2M48.3K
38EFSIEAGLE FINL SVCS INCCOM0.76%$2M50.0K
39ON1OLD NATL BANCORP INDCOM0.74%$2M75.0K
40WSBCWESBANCO INCCOM0.72%$2M50.0K
41AUBATLANTIC UN BANKSHARES CORPCOM0.72%$2M25.0K
42ABCBAMERIS BANCORPCOM0.67%$1M12.5K
43COFSCHOICEONE FINL SVCS INCCOM0.67%$1M50.0K
44C9N0STELLAR BANCORP INCCOM0.64%$1M50.0K
45CARECARTER BANKSHARES INCCOM NEW0.52%$1M69.1K
46FLYWFLYWIRE CORPORATIONCOM VTG0.43%$918,925105.2K
47MNSBMAINSTREET BANCSHARES INCCOM0.39%$841,33450.3K
48UCBUNITED CMNTY BKS BLAIRSVLE GCOM0.33%$703,25025.0K
49MRBKMERIDIAN CORPORATIONCOM0.30%$652,26245.3K
50NBTBNBT BANCORP INCCOM0.29%$619,50015.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$258M100May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$338M65Feb 18, 202613F-HRchanges · EDGAR ↗
Q3 2025$261M68Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$206M50Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$216M53May 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$203M44Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$155M40Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$180M49Aug 30, 202413F-HRchanges · EDGAR ↗
Q1 2024$187M49May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$241M56Feb 23, 202413F-HRchanges · EDGAR ↗
Q1 2022$302M60May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$348M63Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$293M63Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$277M62Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$272M55May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$213M72Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$171M69Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$196M71Aug 5, 202013F-HRchanges · EDGAR ↗
Q1 2020$204M69May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$582M80Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$593M90Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$638M86Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$823M103May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$851M110Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.