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Mercantile Bank Corporation MBWM Stock Issued During Period Shares Issued For Services

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Other financials

Income statement

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Revenue$67.6M+18.1%
Net income$22.7M+16.1%
EPS (diluted)$1.32+9.1%

Cash flow

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Operating cash flow$28.3M+1,051%
CapEx$938.0K-39.0%
Free cash flow$27.4M+706%

Valuation

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Market cap$963.74M+36.5%
P/E10.5×+1.4×
P/S3.8×+0.7×

Profitability

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Net margin36.3%+2.7pp
FCF margin17%

Returns & leverage

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Return on equity8.6%
Debt / equity

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:StockIssuedDuringPeriodSharesIssuedForServices.

The official record: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mercantile Bank Corporation's stock issued during period shares issued for services?
Mercantile Bank Corporation (MBWM) reported stock issued during period shares issued for services of 321 in Q1 2026.
How has Mercantile Bank Corporation's stock issued during period shares issued for services changed year-over-year?
Mercantile Bank Corporation's stock issued during period shares issued for services decreased by 46.5% year-over-year, from 600 to 321.
What does stock issued during period shares issued for services mean?
The number of common shares issued as consideration for services rendered to the company by third parties or consultants. This metric highlights non-cash compensation practices and potential dilution from equity-based service arrangements.