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

Mercantile Bank's Accumulated Expenses history runs 17 years deep, the most recent figure standing at $85.3 million for Q1 2026.

• Quarterly Accumulated Expenses fell 17.05% year-over-year to $85.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $85.3 million (down 17.05% YoY) and the FY2025 annual result came in at $96.7 million, down 20.1% from the prior year.
• Accumulated Expenses was $85.3 million for Q1 2026 at Mercantile Bank, 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.
• A 5-year average of $90.0 million and a median of $96.7 million in 2025 frame the typical range for Accumulated Expenses.
• Annual changes were most pronounced in 2022 — Accumulated Expenses soared 218.77% — and 2025, when it slipped 20.1%.
• Mercantile Bank's Accumulated Expenses stood at $78.2 million in 2022, then grew by 20.06% to $93.9 million in 2023, then increased by 28.88% to $121.0 million in 2024, then slipped by 20.1% to $96.7 million in 2025, then retreated by 11.78% to $85.3 million in 2026.
• Business Quant data shows MBWM's Accumulated Expenses at $85.3 million in Q1 2026, $96.7 million in Q4 2025, and $100.9 million in Q3 2025.