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Mercantile Bank (MBWM) Accumulated Expenses: 2011-2025

Historic Accumulated Expenses for Mercantile Bank (MBWM) over the last 11 years, with Sep 2025 value amounting to $100.9 million.

  • Mercantile Bank's Accumulated Expenses rose 0.39% to $100.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $100.9 million, marking a year-over-year increase of 0.39%. This contributed to the annual value of $121.0 million for FY2024, which is 28.88% up from last year.
  • According to the latest figures from Q3 2025, Mercantile Bank's Accumulated Expenses is $100.9 million, which was up 1.08% from $99.8 million recorded in Q2 2025.
  • Mercantile Bank's Accumulated Expenses' 5-year high stood at $121.0 million during Q4 2024, with a 5-year trough of $22.6 million in Q2 2021.
  • Moreover, its 3-year median value for Accumulated Expenses was $100.9 million (2025), whereas its average is $99.6 million.
  • Per our database at Business Quant, Mercantile Bank's Accumulated Expenses skyrocketed by 218.77% in 2022 and then decreased by 14.34% in 2025.
  • Quarterly analysis of 5 years shows Mercantile Bank's Accumulated Expenses stood at $24.6 million in 2021, then skyrocketed by 217.36% to $78.2 million in 2022, then increased by 20.06% to $93.9 million in 2023, then rose by 28.88% to $121.0 million in 2024, then increased by 0.39% to $100.9 million in 2025.
  • Its last three reported values are $100.9 million in Q3 2025, $99.8 million for Q2 2025, and $102.8 million during Q1 2025.