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

Mercantile Bank (MBWM) reported Shares Outstanding (Weighted Average) of $17.2 million for Q1 2026, up 6.42% on a YoY basis from $16.2 million in Q1 2025, and up 6.15% quarter-over-quarter from $16.2 million in Q4 2025.

Mercantile Bank (MBWM) Shares Outstanding (Weighted Average) (2010 - 2026) Analysis & Trends

Mercantile Bank has reported Shares Outstanding (Weighted Average) for 17 years, with the latest figure at $17.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Weighted 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 FY2025 full-year result was $16.2 million, up 0.67% from the prior year.
  • Shares Outstanding (Weighted Average) for Q1 2026 stood at $17.2 million, up from $16.2 million in the prior quarter.
  • The five-year high for Shares Outstanding (Weighted Average) was $17.2 million in Q1 2026, with the low at $15.8 million in Q1 2022.
  • Historically, Shares Outstanding (Weighted Average) has averaged $16.1 million across 5 years, with a median of $16.1 million in 2024.
  • Annual changes were most pronounced in 2022 — Shares Outstanding (Weighted Average) slipped 2.72% — and 2026, when it climbed 6.42%.
  • Mercantile Bank's Shares Outstanding (Weighted Average) stood at $15.9 million in 2022, then gained by 0.98% to $16.0 million in 2023, then rose by 0.72% to $16.1 million in 2024, then grew by 0.67% to $16.2 million in 2025, then gained by 6.15% to $17.2 million in 2026.
  • The last three Shares Outstanding (Weighted Average) figures came in at $17.2 million (Q1 2026), $16.2 million (Q4 2025), and $16.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Weighted Avg.) (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - 2,420.54 Bn
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - 1,961.87 Bn
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 3.34 Bn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - 25.39 Bn
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 6.08 Bn
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - 2.03 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Mercantile Bank 955.46 Mn 357.30 Mn - 17.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 17.24 Mn
Dec 31, 2025 16.24 Mn
Sep 30, 2025 16.23 Mn
Jun 30, 2025 16.24 Mn
Mar 31, 2025 16.20 Mn
Dec 31, 2024 16.13 Mn
Sep 30, 2024 16.13 Mn
Jun 30, 2024 16.12 Mn
Mar 31, 2024 16.12 Mn
Dec 31, 2023 16.02 Mn
Sep 30, 2023 16.01 Mn
Jun 30, 2023 16.00 Mn
Mar 31, 2023 16.00 Mn
Dec 31, 2022 15.86 Mn
Sep 30, 2022 15.85 Mn
Jun 30, 2022 15.84 Mn
Mar 31, 2022 15.84 Mn
Dec 31, 2021 15.99 Mn
Sep 30, 2021 15.86 Mn
Jun 30, 2021 16.12 Mn