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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 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 TaxProvisionsResearch & DevelopmentRestructuring CostsRevenueShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateWages, Salaries and Other
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Mercantile Bank (MBWM) EBITDA (2016 - 2025)

Mercantile Bank's EBITDA history spans 10 years, with the latest figure at $58.2 million for Q4 2025.

  • For Q4 2025, EBITDA changed 0.16% year-over-year to $58.2 million; the TTM value through Dec 2025 reached $236.0 million, up 1.54%, while the annual FY2025 figure was $25.1 million, 3.02% up from the prior year.
  • EBITDA reached $58.2 million in Q4 2025 per MBWM's latest filing, down from $61.9 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $61.9 million in Q3 2025 to a low of $20.3 million in Q1 2022.
  • Average EBITDA over 5 years is $42.6 million, with a median of $46.8 million recorded in 2023.
  • Peak YoY movement for EBITDA: decreased 26.14% in 2022, then soared 114.65% in 2023.
  • A 5-year view of EBITDA shows it stood at $20.7 million in 2021, then soared by 70.72% to $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.
  • Per Business Quant, the three most recent readings for MBWM's EBITDA are $58.2 million (Q4 2025), $61.9 million (Q3 2025), and $59.3 million (Q2 2025).