Mercantile Bank (MBWM) EBT (2010 - 2026)

Mercantile Bank has reported EBT for 17 years, with the latest figure at $27.3 million in Q1 2026.

• For the quarter ending Q1 2026, EBT rose 13.46% year-over-year to $27.3 million; the trailing twelve-month figure through Mar 2026 stood at $106.7 million (up 11.94% YoY), and the FY2025 full-year result was $103.5 million, up 5.3% from the prior year.
• EBT for Q1 2026 stood at $27.3 million, up from $26.0 million in the prior quarter.
• The five-year high for EBT was $27.4 million in Q3 2025, with the low at $14.3 million in Q1 2022.
• Historically, EBT has averaged $24.0 million across 5 years, with a median of $25.4 million in 2023.
• Annual changes were most pronounced in 2022 — EBT sank 34.52% — and 2023, when it soared 82.51%.
• Mercantile Bank's EBT stood at $26.9 million in 2022, then retreated by 6.19% to $25.2 million in 2023, then fell by 7.86% to $23.2 million in 2024, then gained by 12.13% to $26.0 million in 2025, then advanced by 4.75% to $27.3 million in 2026.
• The last three EBT figures came in at $27.3 million (Q1 2026), $26.0 million (Q4 2025), and $27.4 million (Q3 2025), per Business Quant data.