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Mercantile Bank (MBWM) Shares Outstanding (Diluted Average) (2016 - 2026)

Mercantile Bank (MBWM) has disclosed Shares Outstanding (Diluted Average) for 11 consecutive years, with $17.2 million as the latest value for Q1 2026.

  • For Q1 2026, Shares Outstanding (Diluted Average) rose 6.42% year-over-year to $17.2 million; the TTM value through Mar 2026 reached $17.2 million, up 6.42%, while the annual FY2024 figure was $16.1 million, 0.72% up from the prior year.
  • Shares Outstanding (Diluted Average) hit $17.2 million in Q1 2026 for Mercantile Bank, up from $16.2 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $17.2 million in Q1 2026 and bottomed at $15.8 million in Q1 2022.
  • Average Shares Outstanding (Diluted Average) over 5 years is $16.1 million, with a median of $16.1 million recorded in 2023.
  • Year-over-year, Shares Outstanding (Diluted Average) decreased 2.72% in 2022 and then grew 6.42% in 2026.
  • Mercantile Bank's Shares Outstanding (Diluted Average) stood at $15.9 million in 2022, then grew by 0.98% to $16.0 million in 2023, then increased by 0.72% to $16.1 million in 2024, then rose by 0.61% to $16.2 million in 2025, then rose by 6.21% to $17.2 million in 2026.
  • According to Business Quant data, Shares Outstanding (Diluted Average) over the past three periods came in at $17.2 million, $16.2 million, and $16.2 million for Q1 2026, Q3 2025, and Q2 2025 respectively.