Mercantile Bank (MBWM) EBT (2010 - 2026)

Mercantile Bank's EBT history runs 17 years deep, the most recent figure standing at $27.3 million for Q1 2026.

• Quarterly EBT rose 13.46% year-over-year to $27.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $106.7 million (up 11.94% YoY) and the FY2025 annual result came in at $103.5 million, up 5.3% from the prior year.
• EBT was $27.3 million for Q1 2026 at Mercantile Bank, up from $26.0 million in the prior quarter.
• Across five years, EBT topped out at $27.4 million in Q3 2025 and bottomed at $14.3 million in Q1 2022.
• A 5-year average of $24.0 million and a median of $25.4 million in 2023 frame the typical range for EBT.
• Annual changes were most pronounced in 2022 — EBT plunged 34.52% — and 2023, when it soared 82.51%.
• Mercantile Bank's EBT stood at $26.9 million in 2022, then slipped by 6.19% to $25.2 million in 2023, then decreased by 7.86% to $23.2 million in 2024, then climbed by 12.13% to $26.0 million in 2025, then grew by 4.75% to $27.3 million in 2026.
• Business Quant data shows MBWM's EBT at $27.3 million in Q1 2026, $26.0 million in Q4 2025, and $27.4 million in Q3 2025.