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Mercantile Bank (MBWM) Shares Outstanding (Diluted Average) (2016 - 2025)

Mercantile Bank's Shares Outstanding (Diluted Average) history spans 10 years, with the latest figure at $16.2 million for Q3 2025.

  • For Q3 2025, Shares Outstanding (Diluted Average) rose 0.69% year-over-year to $16.2 million; the TTM value through Sep 2025 reached $16.2 million, up 0.69%, while the annual FY2024 figure was $16.1 million, 0.72% up from the prior year.
  • Shares Outstanding (Diluted Average) reached $16.2 million in Q3 2025 per MBWM's latest filing, roughly flat from $16.2 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $16.3 million in Q1 2021 to a low of $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 2021.
  • Peak YoY movement for Shares Outstanding (Diluted Average): decreased 2.72% in 2022, then grew 0.99% in 2023.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $16.0 million in 2021, then fell by 0.8% to $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 increased by 0.74% to $16.2 million in 2025.
  • Per Business Quant, the three most recent readings for MBWM's Shares Outstanding (Diluted Average) are $16.2 million (Q3 2025), $16.2 million (Q2 2025), and $16.2 million (Q1 2025).