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Mercantile Bank (MBWM) Accumulated Expenses: 2012-2024

Historic Accumulated Expenses for Mercantile Bank (MBWM) over the last 11 years, with Dec 2024 value amounting to $121.0 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 FY2024, Mercantile Bank's Accumulated Expenses is $121.0 million, which was up 28.88% from $93.9 million recorded in FY2023.
  • Over the past 5 years, Mercantile Bank's Accumulated Expenses peaked at $121.0 million during FY2024, and registered a low of $24.3 million during FY2020.
  • In the last 3 years, Mercantile Bank's Accumulated Expenses had a median value of $93.9 million in 2023 and averaged $97.7 million.
  • Data for Mercantile Bank's Accumulated Expenses shows a peak YoY surged of 217.36% (in 2022) over the last 5 years.
  • Over the past 5 years, Mercantile Bank's Accumulated Expenses (Yearly) stood at $24.3 million in 2020, then rose by 1.38% to $24.6 million in 2021, then soared 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.