Company / Shares Outstanding
MERCANTILE BANK CORP Shares Outstanding History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shares Outstanding
16.1M
FY2024
5-year range
15.9M / 16.1M
FY2020-FY2024
Trend
+0.7%
vs FY2023
Sector context
#347 of 379
Financials
What the data says
Among 379 Financials companies, MERCANTILE BANK CORP is in the top 8% for shares outstanding. Shares Outstanding remained relatively stable over the past 9 years, with values between 15859901.00 and 16606416.00.
Based on SEC 10-K filings.
16130696.00 in FY2024 with a 5-year CAGR of -0.3%.
Remained stable around 16130696.00 over the past 2 years.
Financials sector context is included.
Shares Outstanding over time
Growth rates
- 3-Year CAGR
- +0.3%
- 5-Year CAGR
- -0.3%
- 10-Year CAGR
- -
Sector benchmark
Top 8% in FinancialsTop 8% of 379This company 16.1M Sector average 216.5M
▼
-92.5% below sector average
Key checks
Key Insights
- In FY2024, shares outstanding increased 0.7% year-over-year.
- Ranks #347 out of 379 companies in the Financials sector.
- Peak shares outstanding was recorded in FY2018.
- Lowest shares outstanding in the period was in FY2022.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Shares OutstandingValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 16.1M | +0.7% |
| FY2023 | 16.0M | +1.0% |
| FY2022 | 15.9M | -0.8% |
| FY2021 | 16.0M | -1.7% |
| FY2020 | 16.3M | -0.9% |
| FY2019 | 16.4M | -1.2% |
| FY2018 | 16.6M | +0.7% |
| FY2017 | 16.5M | +1.1% |
| FY2016 | 16.3M | -2.0% |
As of FY2024 · SEC 10-K Annual Filings · Updated Feb 28, 2026