Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Amortization - IntangiblesConsolidated Net IncomeDepreciation & Amortization - TotalEBITEBTEPS (Basic)EPS (Weighted Average and Diluted)Financial Services FeesIncome from Continuing OperationsIncome towards Parent CompanyInterest Expense - DebtInterest Expense - DepositsInterest ExpensesInterest Income - Debt SecuritiesInterest Income - DepositsInterest Income - NetInterest Income - TotalInterest income - LoansInvestment Banking IncomeMortgage BankingNet Income towards Common StockholdersNon-Interest IncomeOperating ExpensesOther Non-Interest IncomeOther Operating ExpensesProfit After TaxProvisionsRent ExpenseResearch & DevelopmentRestructuring CostsRevenueShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateWages, Salaries and Other
Others
Ratios

Mercantile Bank (MBWM) Consolidated Net Income: 2011-2025

Historic Consolidated Net Income for Mercantile Bank (MBWM) over the last 14 years, with Sep 2025 value amounting to $23.8 million.

  • Mercantile Bank's Consolidated Net Income rose 21.10% to $23.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $85.1 million, marking a year-over-year increase of 9.21%. This contributed to the annual value of $79.2 million for FY2024, which is 1.23% down from last year.
  • As of Q3 2025, Mercantile Bank's Consolidated Net Income stood at $23.8 million, which was up 5.04% from $22.6 million recorded in Q2 2025.
  • Mercantile Bank's 5-year Consolidated Net Income high stood at $23.8 million for Q3 2025, and its period low was $11.5 million during Q1 2022.
  • Moreover, its 3-year median value for Consolidated Net Income was $20.4 million (2023), whereas its average is $20.5 million.
  • As far as peak fluctuations go, Mercantile Bank's Consolidated Net Income skyrocketed by 107.99% in 2021, and later tumbled by 35.12% in 2022.
  • Quarterly analysis of 5 years shows Mercantile Bank's Consolidated Net Income stood at $11.6 million in 2021, then soared by 75.70% to $20.4 million in 2022, then declined by 12.01% to $18.0 million in 2023, then increased by 6.86% to $19.2 million in 2024, then grew by 21.10% to $23.8 million in 2025.
  • Its last three reported values are $23.8 million in Q3 2025, $22.6 million for Q2 2025, and $19.5 million during Q1 2025.