Mercantile Bank MBWM
NASDAQ MBWM
$60.38 +1.67 (+2.84%)
As of: Oct 22, 2026 · 10:06 AM EDT

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

Updated

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.

Analysis

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 Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
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
API Access

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