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Mercantile Bank (MBWM) EBIT (2016 - 2025)

Historic EBIT for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $61.1 million.

  • Mercantile Bank's EBIT rose 235.44% to $61.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $232.7 million, marking a year-over-year increase of 496.14%. This contributed to the annual value of $20.6 million for FY2024, which is 429.82% down from last year.
  • As of Q3 2025, Mercantile Bank's EBIT stood at $61.1 million, which was up 235.44% from $58.4 million recorded in Q2 2025.
  • Over the past 5 years, Mercantile Bank's EBIT peaked at $61.1 million during Q3 2025, and registered a low of $19.3 million during Q1 2022.
  • Over the past 5 years, Mercantile Bank's median EBIT value was $43.7 million (recorded in 2023), while the average stood at $40.9 million.
  • Per our database at Business Quant, Mercantile Bank's EBIT tumbled by 2712.75% in 2022 and then skyrocketed by 12033.35% in 2023.
  • Mercantile Bank's EBIT (Quarter) stood at $19.7 million in 2021, then soared by 74.79% to $34.5 million in 2022, then soared by 46.01% to $50.4 million in 2023, then increased by 13.88% to $57.4 million in 2024, then rose by 6.5% to $61.1 million in 2025.
  • Its EBIT was $61.1 million in Q3 2025, compared to $58.4 million in Q2 2025 and $55.8 million in Q1 2025.