Mercantile Bank (MBWM) Share-based Compensation (2010 - 2026)

Mercantile Bank (MBWM) reported Share-based Compensation of $1.0 million for Q1 2026, up 25.0% on a YoY basis from $800000.0 in Q1 2025, and up 178.19% quarter-over-quarter from -$1.3 million in Q3 2025.

Mercantile Bank (MBWM) Share-based Compensation (2010 - 2026) Analysis & Trends

Mercantile Bank has reported Share-based Compensation for 17 years, with the latest figure at $1.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Share-based Compensation rose 25.0% year-over-year to $1.0 million; the trailing twelve-month figure through Mar 2026 stood at $644000.0 (down 47.26% YoY), and the FY2025 full-year result was $444000.0, up 4.96% from the prior year.
  • Share-based Compensation for Q1 2026 stood at $1.0 million, up from -$1.3 million in the prior quarter.
  • The five-year high for Share-based Compensation was $3.1 million in Q4 2023, with the low at -$2.1 million in Q4 2024.
  • Historically, Share-based Compensation has averaged $374000.0 across 5 years, with a median of $800000.0 in 2025.
  • Annual changes were most pronounced in 2024 — Share-based Compensation plunged 168.73% — and 2025, when it jumped 39900.0%.
  • Mercantile Bank's Share-based Compensation stood at $12000.0 in 2022, then jumped by 25458.33% to $3.1 million in 2023, then tumbled by 168.73% to -$2.1 million in 2024, then soared by 39.33% to -$1.3 million in 2025, then jumped by 178.19% to $1.0 million in 2026.
  • The last three Share-based Compensation figures came in at $1.0 million (Q1 2026), -$1.3 million (Q3 2025), and $923000.0 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 20,000.00
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 78,000.00
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Mercantile Bank 955.46 Mn 357.30 Mn - 1.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.00 Mn
Mar 31, 2026 1.00 Mn
Sep 30, 2025 -1.28 Mn
Sep 30, 2025 -1.28 Mn
Jun 30, 2025 923,000.00
Jun 30, 2025 923,000.00
Mar 31, 2025 800,000.00
Mar 31, 2025 800,000.00
Dec 31, 2024 -2.11 Mn
Dec 31, 2024 -2.11 Mn
Sep 30, 2024 2.11 Mn
Sep 30, 2024 2.11 Mn
Jun 30, 2024 421,000.00
Jun 30, 2024 421,000.00
Mar 31, 2024 2,000.00
Mar 31, 2024 2,000.00
Dec 31, 2023 3.07 Mn
Dec 31, 2023 3.07 Mn
Sep 30, 2023 -1.36 Mn
Sep 30, 2023 -1.36 Mn