Mercantile Bank (MBWM) Shares Outstanding (2010 - 2026)

Mercantile Bank (MBWM) has 17 years of Shares Outstanding data on file, last reported at $17.3 million in Q1 2026.

• For the quarter ending Q1 2026, Shares Outstanding rose 6.4% year-over-year to $17.3 million; the trailing twelve-month figure through Mar 2026 stood at $17.3 million (up 6.4% YoY), and the FY2025 full-year result was $17.2 million, up 6.41% from the prior year.
• Shares Outstanding for Q1 2026 stood at $17.3 million, up from $17.2 million in the prior quarter.
• Across five years, Shares Outstanding topped out at $17.3 million in Q1 2026 and bottomed at $15.8 million in Q1 2022.
• The 5-year median for Shares Outstanding is $16.1 million (2023), against an average of $16.2 million.
• The widest annual swing landed in 2022, when Shares Outstanding slipped 2.32%; it then increased 6.41% in 2025.
• A 5-year view of Shares Outstanding shows it stood at $16.0 million in 2022, then climbed by 0.82% to $16.1 million in 2023, then climbed by 0.13% to $16.1 million in 2024, then advanced by 6.41% to $17.2 million in 2025, then rose by 0.54% to $17.3 million in 2026.
• The last three Shares Outstanding figures came in at $17.3 million (Q1 2026), $17.2 million (Q4 2025), and $16.3 million (Q3 2025), per Business Quant data.

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