DOSSIER · 13F-HR · Q1 2026

MENDON CAPITAL ADVISORS CORP

$258M in tracked AUM across 100 positions as of Q1 2026.

MC
CIK 0001177043 · last filed Mar 31, 2026
Total AUM
$258M
as of Q1 2026
Holdings
100
positions
Whale Score
55
55
tracked
Activity
no data
changes this Q
AI Analysis · Q1 2026

Portfolio Overview

Mendon Capital Advisors Corp manages a concentrated portfolio with a total value of approximately $169.70 million as of September 30, 2025. This represents a significant decrease in assets under management (AUM) of 17.7% compared to the previous quarter's $206.27 million. The portfolio consists of 34 holdings, indicating a focused investment strategy rather than broad diversification. The firm employs a high-conviction approach, with the top ten positions accounting for r...

Key Holdings

The portfolio is heavily anchored in regional and community banking stocks, with a clear preference for smaller-cap institutions. The largest position, Equity Bancshares Inc (EQBK), constitutes 9.41% of the portfolio ($15.97M), followed closely by Mechanics Bancorp (8.28%) and Primis Financial Corp (7.55%). Notably, Mechanics Bancorp saw a massive increase of 427.4% during the quarter, moving it to the second-largest position and signaling strong conviction in this specific name.

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
EQBK
EQUITY BANCSHARES INC
$17M382K6.6%
02
FRST
PRIMIS FINANCIAL CORP
$16M1.2M6.3%
03
ABX
ABACUS GLOBAL MGMT INC
$15M1.9M6.0%
04
VBNK
VERSABANK NEW
$13M945K5.2%
05
NIC
NICOLET BANKSHARES INC
$11M75K4.3%
06
RNST
RENASANT CORP
$11M308K4.3%
07
USCB
USCB FINANCIAL HOLDINGS INC
$11M574K4.1%
08
FHN
FIRST HORIZON CORPORATION
$10M429K3.8%
09
OBK
ORIGIN BANCORP INC
$8M200K3.2%
10
CBK
COMMERCIAL BANCGROUP INC
$8M316K3.2%

Filing history

2026Q1Mar 31
$258M 23.6%
100 positionsView →
2025Q4Dec 31
$338M 99.0%
65 positionsView →
2025Q3Sep 30
$170M 17.7%
34 positionsView →
2025Q2Jun 30
$206M 4.5%
50 positionsLocked
2025Q1Mar 31
$216M 6.3%
53 positionsLocked
2024Q4Dec 31
$203M 31.0%
44 positionsLocked
2024Q3Sep 30
$155M 14.1%
40 positionsLocked
2024Q2Jun 30
$180M 3.3%
49 positionsLocked
2024Q1Mar 31
$187M 22.6%
49 positionsLocked
2023Q4Dec 31
$241M 20.2%
56 positionsLocked
2022Q1Mar 31
$302M 13.2%
60 positionsLocked
2021Q4Dec 31
$348M 18.6%
63 positionsLocked
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