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Amortization - IntangiblesConsolidated Net IncomeDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Income from Continuing OperationsIncome towards Parent CompanyInterest Expense - DebtInterest Expense - DepositsInterest ExpensesInterest ExpensesInterest Income - Debt SecuritiesInterest Income - DepositsInterest Income - NetInterest Income - TotalInterest Income - TotalInterest income - LoansInvestment Banking IncomeMortgage BankingNet Income towards Common StockholdersNon-Interest IncomeOperating ExpensesOther Non-Interest IncomeOther Operating ExpensesProfit After TaxProvisionsRent ExpenseResearch & DevelopmentRestructuring CostsRevenueShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax RateWages, Salaries and Other
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Mercantile Bank (MBWM) EBITDA (2016 - 2026)

Mercantile Bank (MBWM) has disclosed EBITDA for 11 consecutive years, with $57.8 million as the latest value for Q1 2026.

  • For Q1 2026, EBITDA rose 2.02% year-over-year to $57.8 million; the TTM value through Mar 2026 reached $237.1 million, up 2.32%, while the annual FY2025 figure was $25.1 million, 3.02% up from the prior year.
  • EBITDA hit $57.8 million in Q1 2026 for Mercantile Bank, down from $58.2 million in the prior quarter.
  • Across five years, EBITDA topped out at $61.9 million in Q3 2025 and bottomed at $20.3 million in Q1 2022.
  • Average EBITDA over 5 years is $47.8 million, with a median of $56.2 million recorded in 2024.
  • Year-over-year, EBITDA decreased 26.14% in 2022 and then soared 114.65% in 2023.
  • Mercantile Bank's EBITDA stood at $35.3 million in 2022, then skyrocketed by 45.2% to $51.2 million in 2023, then grew by 13.75% to $58.3 million in 2024, then decreased by 0.16% to $58.2 million in 2025, then fell by 0.71% to $57.8 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods came in at $57.8 million, $58.2 million, and $61.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.