Mercantile Bank (MBWM) Shares Repurchased (2015 - 2021)

Mercantile Bank (MBWM) reported Shares Repurchased of $1.6 million for Q4 2021, up 411.97% on a YoY basis from $309000.0 in Q4 2020, and down 82.32% quarter-over-quarter from $8.9 million in Q3 2021.

Mercantile Bank (MBWM) Shares Repurchased (2015 - 2021) Analysis & Trends

Mercantile Bank has reported Shares Repurchased for 6 years, with the latest figure at $1.6 million in Q4 2021.

  • For the quarter ending Q4 2021, Shares Repurchased rose 411.97% year-over-year to $1.6 million; the trailing twelve-month figure through Sep 2022 stood at $1.6 million (down 92.13% YoY), and the FY2021 full-year result was $21.4 million, up 224.38% from the prior year.
  • Shares Repurchased for Q4 2021 stood at $1.6 million, down from $8.9 million in the prior quarter.
  • The five-year high for Shares Repurchased was $8.9 million in Q3 2021, with the low at $73000.0 in Q4 2019.
  • Historically, Shares Repurchased has averaged $4.1 million across 4 years, with a median of $3.6 million in 2019.
  • Annual changes were most pronounced in 2019 — Shares Repurchased plunged 98.77% — and 2021, when it surged 411.97%.
  • Mercantile Bank's Shares Repurchased stood at $5.9 million in 2018, then sank by 98.77% to $73000.0 in 2019, then soared by 323.29% to $309000.0 in 2020, then surged by 411.97% to $1.6 million in 2021.
  • The last three Shares Repurchased figures came in at $1.6 million (Q4 2021), $8.9 million (Q3 2021), and $7.3 million (Q2 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Repurchased (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - -
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - -
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -270.68 Mn
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Mercantile Bank 955.46 Mn 357.30 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2021 1.58 Mn
Dec 31, 2021 1.58 Mn
Sep 30, 2021 8.95 Mn
Sep 30, 2021 8.95 Mn
Jun 30, 2021 7.31 Mn
Jun 30, 2021 7.31 Mn
Mar 31, 2021 3.54 Mn
Mar 31, 2021 3.54 Mn
Dec 31, 2020 309,000.00
Dec 31, 2020 309,000.00
Mar 31, 2020 6.28 Mn
Mar 31, 2020 6.28 Mn
Dec 31, 2019 73,000.00
Dec 31, 2019 73,000.00
Sep 30, 2019 3.51 Mn
Sep 30, 2019 3.51 Mn
Mar 31, 2019 3.60 Mn
Mar 31, 2019 3.60 Mn
Dec 31, 2018 5.94 Mn
Dec 31, 2018 5.94 Mn