Mercantile Bank Corp (MBWM) Share-based Compensation (2010 - 2026)
Mercantile Bank's Share-based Compensation came in at $1.02 million for Q2 2026, up 9.1% from $937,000 a year earlier and up 5.3% from the prior quarter.
Mercantile Bank Corp (MBWM) Share-based Compensation (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mercantile Bank reported Share-based Compensation of $3.74 million, up 9.9% year-over-year; for FY2025, it was $3.47 million, up 4.7% from FY2024.
- Share-based Compensation carries a five-year compound annual growth rate of 8.4% (FY2020 to FY2025).
- Going back by year, Share-based Compensation was $3.32 million in FY2024 (-2.0%), $3.38 million in FY2023 (+0.2%), $3.38 million in FY2022 (-10.8%) and $3.78 million in FY2021 (+62.8%).
- The Q2 2026 figure represents the highest quarterly Share-based Compensation since Q4 2021.
- Year-over-year, Share-based Compensation has increased for six consecutive quarters, with growth averaging 6.3% over the last eight quarters.
- The fastest year-over-year change in Share-based Compensation over five years came in Q4 2021 (growth of 823.3%), and the weakest in Q4 2022 (a decline of 52.5%).
- Business Quant data shows MBWM's Share-based Compensation at $971,000 (Q1 2026), $821,000 (Q4 2025) and $929,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.00 Mn |
| Mar 31, 2026 | 1.00 Mn |
| Dec 31, 2025 | 821,000.00 |
| Sep 30, 2025 | 929,000.00 |
| Jun 30, 2025 | 923,000.00 |
| Mar 31, 2025 | 800,000.00 |
| Dec 31, 2024 | 785,000.00 |
| Sep 30, 2024 | 898,000.00 |
| Jun 30, 2024 | 891,000.00 |
| Mar 31, 2024 | 742,000.00 |
| Dec 31, 2023 | 879,000.00 |
| Sep 30, 2023 | 824,000.00 |
| Jun 30, 2023 | 828,000.00 |
| Mar 31, 2023 | 853,000.00 |
| Dec 31, 2022 | 979,000.00 |
| Sep 30, 2022 | 790,000.00 |
| Jun 30, 2022 | 797,000.00 |
| Mar 31, 2022 | 811,000.00 |
| Dec 31, 2021 | 2.06 Mn |
| Sep 30, 2021 | 448,000.00 |
Mercantile Bank Corp Share-based Compensation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=share-based-compensation&ticker=MBWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=share-based-compensation&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();