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| Date | Value |
|---|---|
| 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 |