Mercantile Bank (MBWM) - Stock split history

Stock split history for Mercantile Bank (MBWM)

Mercantile Bank stock (symbol: MBWM) underwent a total of 6 stock splits.
The most recent stock split occurred on April 19th, 2007.
One MBWM share bought prior to January 17th, 2001 would equal to 1.340095640625 MBWM shares today.

Stock split list

Date	Split	Multiple	Cumulative multiple
2007-04-19	105:100	x1.05	x1.340095640625
2005-07-14	105:100	x1.05	x1.2762815625
2004-04-14	105:100	x1.05	x1.21550625
2003-01-15	105:100	x1.05	x1.157625
2002-01-16	105:100	x1.05	x1.1025
2001-01-17	105:100	x1.05	x1.05

Date

Split

Multiple

Cumulative multiple

2007-04-19

105:100

x1.05

x1.340095640625

2005-07-14

105:100

x1.05

x1.2762815625

2004-04-14

105:100

x1.05

x1.21550625

2003-01-15

105:100

x1.05

x1.157625

2002-01-16

105:100

x1.05

x1.1025

2001-01-17

105:100

x1.05

Stock splits for similar companies or competitors

Company	number of stock splits	Cumulative multiple	Country
Independent Bank (Michigan) IBCP	14	x1	🇺🇸 USA
Macatawa Bank MCBC	8	x2	🇺🇸 USA
1st Source SRCE	10	x5	🇺🇸 USA

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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