Mercantile Bank (MBWM) Shares Outstanding (2010 - 2026)
Mercantile Bank (MBWM) posted Shares Outstanding of 17.28 million for Q2 2026, up 6.4% from 16.24 million a year earlier and up 0.2% from the prior quarter.
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Analysis
Mercantile Bank (MBWM) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Mercantile Bank's Shares Outstanding came in at 16.24 million, up 0.7% from FY2024.
- Annual Shares Outstanding has increased for three consecutive years, with a five-year compound annual growth rate of 0.0% (FY2020 to FY2025).
- In prior years, Mercantile Bank's Shares Outstanding was 16.13 million in FY2024 (+0.7%), 16.02 million in FY2023 (+1.0%), 15.86 million in FY2022 (-0.8%) and 15.99 million in FY2021 (-1.7%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding in data going back to Q2 2010.
- On a year-over-year basis, Shares Outstanding has increased in each of the last 14 quarters, with growth averaging 2.1% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding in the past five years was Q1 2026, with growth of 6.4%; the weakest was Q1 2022, with a decline of 2.7%.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 17.24 million (Q1 2026), 16.24 million (Q4 2025) and 16.25 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 2.69 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | 26.92 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 7.15 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | 3.49 Bn |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 1.55 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 1.41 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 11.40 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 300.10 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 3.04 Bn |
| 10 | Mercantile Bank | 1.01 Bn | 1.01 Bn | - | 17.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.28 Mn |
| Mar 31, 2026 | 17.24 Mn |
| Dec 31, 2025 | 16.24 Mn |
| Sep 30, 2025 | 16.25 Mn |
| Jun 30, 2025 | 16.24 Mn |
| Mar 31, 2025 | 16.20 Mn |
| Dec 31, 2024 | 16.13 Mn |
| Sep 30, 2024 | 16.14 Mn |
| Jun 30, 2024 | 16.12 Mn |
| Mar 31, 2024 | 16.12 Mn |
| Dec 31, 2023 | 16.02 Mn |
| Sep 30, 2023 | 16.02 Mn |
| Jun 30, 2023 | 16.00 Mn |
| Mar 31, 2023 | 16.00 Mn |
| Dec 31, 2022 | 15.86 Mn |
| Sep 30, 2022 | 15.86 Mn |
| Jun 30, 2022 | 15.85 Mn |
| Mar 31, 2022 | 15.84 Mn |
| Dec 31, 2021 | 15.99 Mn |
| Sep 30, 2021 | 15.86 Mn |
API Access
Mercantile Bank Shares Outstanding 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=shares-outstanding&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();