Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCash Due from BankCommon EquityFed Funds SoldGoodwillGoodwill & IntangiblesIntangiblesInterest DepositsLiabilities and Shareholders EquityLoans - GrossLoans - Loss AllowanceLoans - NetLoans - NetNon-Current DebtOther Non-Current AssetsOther Non-Current LiabilitiesPayablesProperty, Plant & Equipment (Net)Property, Plant & Equipment (Net)Receivables - AccuredRetained EarningsSecurities - TradableShareholder's EquityShares OutstandingShort-term InvestmentsTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury Shares
Cash Flow Statement
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Income Statement
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Ratios

Mercantile Bank (MBWM) Accumulated Expenses (2016 - 2026)

Mercantile Bank (MBWM) has disclosed Accumulated Expenses for 11 consecutive years, with $85.3 million as the latest value for Q1 2026.

  • For Q1 2026, Accumulated Expenses fell 17.05% year-over-year to $85.3 million; the TTM value through Mar 2026 reached $85.3 million, down 17.05%, while the annual FY2025 figure was $96.7 million, 20.1% down from the prior year.
  • Accumulated Expenses hit $85.3 million in Q1 2026 for 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.
  • Average Accumulated Expenses over 5 years is $90.0 million, with a median of $96.7 million recorded in 2025.
  • Year-over-year, Accumulated Expenses skyrocketed 218.77% in 2022 and then dropped 20.1% in 2025.
  • 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 fell by 20.1% to $96.7 million in 2025, then dropped by 11.78% to $85.3 million in 2026.
  • According to Business Quant data, Accumulated Expenses over the past three periods came in at $85.3 million, $96.7 million, and $100.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.