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Mercantile Bank (FRA:MCS) Float Percentage Of Total Shares Outstanding : 96.90% (As of Sep. 22, 2024)


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What is Mercantile Bank Float Percentage Of Total Shares Outstanding?

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Mercantile Bank's float shares is 15.64 Mil. Mercantile Bank's total shares outstanding is 16.14 Mil. Mercantile Bank's float percentage of total shares outstanding is 96.90%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Mercantile Bank's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Mercantile Bank's Institutional Ownership is 38.94%.

Mercantile Bank Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Mercantile Bank's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=15.64/16.14
=96.90%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mercantile Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mercantile Bank Corp (FRA:MCS) » Definitions » Float Percentage Of Total Shares Outstanding
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Traded in Other Exchanges
MBWM:USA
Address
310 Leonard Street NW, Grand Rapids, MI, USA, 49504
Website
https://www.mercbank.com
Mercantile Bank Corp operates as a bank holding company. The bank provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.