Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCash Due from BankCommon EquityFed Funds SoldGoodwillGoodwill & IntangiblesIntangiblesInterest DepositsLiabilities and Shareholders EquityLoans - GrossLoans - Loss AllowanceLoans - NetNon-Current DebtOther Non-Current AssetsOther Non-Current LiabilitiesPayablesProperty, Plant & Equipment (Net)Receivables - AccuredRetained EarningsSecurities - TradableShareholder's EquityShares OutstandingShort-term InvestmentsTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury Shares
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Mercantile Bank (MBWM) Shares Outstanding (2016 - 2025)

Mercantile Bank's Shares Outstanding history spans 10 years, with the latest figure at $17.2 million for Q4 2025.

  • For Q4 2025, Shares Outstanding rose 6.41% year-over-year to $17.2 million; the TTM value through Dec 2025 reached $17.2 million, up 6.41%, while the annual FY2025 figure was $17.2 million, 6.41% up from the prior year.
  • Shares Outstanding reached $17.2 million in Q4 2025 per MBWM's latest filing, up from $16.3 million in the prior quarter.
  • In the past five years, Shares Outstanding ranged from a high of $17.2 million in Q4 2025 to a low of $15.7 million in Q3 2021.
  • Average Shares Outstanding over 5 years is $16.1 million, with a median of $16.1 million recorded in 2023.
  • Peak YoY movement for Shares Outstanding: dropped 3.23% in 2021, then rose 6.41% in 2025.
  • A 5-year view of Shares Outstanding shows it stood at $15.8 million in 2021, then increased by 0.98% to $16.0 million in 2022, then grew by 0.82% to $16.1 million in 2023, then grew by 0.13% to $16.1 million in 2024, then rose by 6.41% to $17.2 million in 2025.
  • Per Business Quant, the three most recent readings for MBWM's Shares Outstanding are $17.2 million (Q4 2025), $16.3 million (Q3 2025), and $16.2 million (Q2 2025).