Mercantile Bank (MBWM) Accumulated Expenses (2010 - 2026)

Mercantile Bank (MBWM) has 17 years of Accumulated Expenses data on file, last reported at $85.3 million in Q1 2026.

• For the quarter ending Q1 2026, Accumulated Expenses fell 17.05% year-over-year to $85.3 million; the trailing twelve-month figure through Mar 2026 stood at $85.3 million (down 17.05% YoY), and the FY2025 full-year result was $96.7 million, down 20.1% from the prior year.
• Accumulated Expenses for Q1 2026 stood at $85.3 million, down from $96.7 million in the prior quarter.
• Across five years, Accumulated Expenses topped out at $121.0 million in Q4 2024 and bottomed at $39.8 million in Q1 2022.
• The 5-year median for Accumulated Expenses is $96.7 million (2025), against an average of $90.0 million.
• The widest annual swing landed in 2022, when Accumulated Expenses soared 218.77%; it then fell 20.1% in 2025.
• A 5-year view of Accumulated Expenses shows it stood at $78.2 million in 2022, then climbed by 20.06% to $93.9 million in 2023, then grew by 28.88% to $121.0 million in 2024, then decreased by 20.1% to $96.7 million in 2025, then fell by 11.78% to $85.3 million in 2026.
• The last three Accumulated Expenses figures came in at $85.3 million (Q1 2026), $96.7 million (Q4 2025), and $100.9 million (Q3 2025), per Business Quant data.

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