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

Mercantile Bank has reported Accumulated Expenses for 17 years, with the latest figure 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.
• The five-year high for Accumulated Expenses was $121.0 million in Q4 2024, with the low at $39.8 million in Q1 2022.
• Historically, Accumulated Expenses has averaged $90.0 million across 5 years, with a median of $96.7 million in 2025.
• Annual changes were most pronounced in 2022 — Accumulated Expenses soared 218.77% — and 2025, when it fell 20.1%.
• Mercantile Bank's Accumulated Expenses stood at $78.2 million in 2022, then advanced by 20.06% to $93.9 million in 2023, then climbed by 28.88% to $121.0 million in 2024, then retreated by 20.1% to $96.7 million in 2025, then declined 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.