Mercantile Bank (MBWM) - Shares outstanding

Number of shares outstanding as of November 2024 : 16,118,858

According to Mercantile Bank's latest financial reports and stock price the company's current number of shares outstanding is 16,118,858. At the end of 2024 the company had 16,118,858 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Shares outstanding history for Mercantile Bank from 2007 to 2024

Shares Outstanding at the end of each year

Year	Shares Outstanding	Change
2024	16.11 M	0.47%
2023	16.04 M	0.98%
2022	15.88 M	1.22%
2021	15.69 M	-3.58%
2020	16.27 M	-0.58%
2019	16.37 M	-1.33%
2018	16.59 M	0.42%
2017	16.52 M	1.06%
2016	16.35 M	0.23%
2015	16.31 M	-3.57%
2014	16.91 M	93.94%
2013	8.72 M	0.72%
2012	8.66 M	0.67%
2011	8.6 M	1.14%
2010	8.5 M	0.17%
2009	8.49 M	0.24%
2008	8.47 M	0.17%
2007	8.45 M

Shares Outstanding for similar companies or competitors

Company	Shares Outstanding	differencediff.	Country
Independent Bank (Michigan) IBCP	20,902,000	29.67%	🇺🇸 USA
Macatawa Bank MCBC	34,361,562	113.18%	🇺🇸 USA
1st Source SRCE	24,514,144	52.08%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Number of shares outstanding for Mercantile Bank (MBWM)

Number of shares outstanding as of November 2024 : 16,118,858