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

Mercantile Bank (MBWM) has 17 years of Shares Outstanding (Diluted Average) data on file, last reported at $17.2 million in Q1 2026.

• For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 6.42% year-over-year to $17.2 million; the trailing twelve-month figure through Mar 2026 stood at $17.2 million (up 6.42% YoY), and the FY2024 full-year result was $16.1 million, up 0.72% from the prior year.
• Shares Outstanding (Diluted Average) for Q1 2026 stood at $17.2 million, 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.
• The 5-year median for Shares Outstanding (Diluted Average) is $16.1 million (2023), against an average of $16.1 million.
• The widest annual swing landed in 2022, when Shares Outstanding (Diluted Average) dropped 2.72%; it then climbed 6.42% in 2026.
• A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $15.9 million in 2022, then climbed by 0.98% to $16.0 million in 2023, then gained by 0.72% to $16.1 million in 2024, then advanced by 0.61% to $16.2 million in 2025, then increased by 6.21% to $17.2 million in 2026.
• The last three Shares Outstanding (Diluted Average) figures came in at $17.2 million (Q1 2026), $16.2 million (Q3 2025), and $16.2 million (Q2 2025), per Business Quant data.

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