Mercantile Bank (MBWM) - Cost to borrow shares

Latest borrow fee for Mercantile Bank (MBWM) shares on Interactive Brokers: 0.6591% (annualized)

Shares available to borrow: 150000
The cost to borrow / borrow fee is an annualized percentage an account is charged when borrowing shares of a stock.
Please note that the borrow fee and available shares to borrow displayed on this page are solely based on information provided by Interactive Brokers.

Mercantile Bank (MBWM) - cost to borrow in the last 7 days chart

Mercantile Bank (MBWM) - number of shares available to borrow in the last 7 days

Mercantile Bank (MBWM) - cost to borrow from 2024 to 2023

Mercantile Bank (MBWM) - number of shares available to borrow from 2024 to 2023

Cost to borrow for shares of similar companies or competitors

Company	Cost to borrow (% year)	Shares available	Country
Independent Bank (Michigan) IBCP	0.4066%	0.5 M	🇺🇸 USA
Macatawa Bank MCBC	0.4251%	1.4 M	🇺🇸 USA
1st Source SRCE	0.419%	0.45 M	🇺🇸 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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