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Mercantile Bank (MBWM) EBITDA (2016 - 2025)

Historic EBITDA for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $61.9 million.

  • Mercantile Bank's EBITDA rose 216.62% to $61.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $236.1 million, marking a year-over-year increase of 475.88%. This contributed to the annual value of $24.4 million for FY2024, which is 269.67% down from last year.
  • Latest data reveals that Mercantile Bank reported EBITDA of $61.9 million as of Q3 2025, which was up 216.62% from $59.3 million recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's EBITDA registered a high of $61.9 million during Q3 2025, and its lowest value of $20.3 million during Q1 2022.
  • For the 5-year period, Mercantile Bank's EBITDA averaged around $41.8 million, with its median value being $44.6 million (2023).
  • Per our database at Business Quant, Mercantile Bank's EBITDA crashed by 2614.07% in 2022 and then surged by 11464.59% in 2023.
  • Over the past 5 years, Mercantile Bank's EBITDA (Quarter) stood at $20.7 million in 2021, then surged by 70.72% to $35.3 million in 2022, then surged by 45.2% to $51.2 million in 2023, then increased by 13.75% to $58.3 million in 2024, then grew by 6.26% to $61.9 million in 2025.
  • Its last three reported values are $61.9 million in Q3 2025, $59.3 million for Q2 2025, and $56.6 million during Q1 2025.