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Mercantile Bank (MBWM) EBT: 2011-2025

Historic EBT for Mercantile Bank (MBWM) over the last 14 years, with Sep 2025 value amounting to $27.4 million.

  • Mercantile Bank's EBT rose 11.74% to $27.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $100.7 million, marking a year-over-year increase of 0.41%. This contributed to the annual value of $98.3 million for FY2024, which is 4.30% down from last year.
  • Per Mercantile Bank's latest filing, its EBT stood at $27.4 million for Q3 2025, which was up 5.69% from $26.0 million recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's EBT ranged from a high of $27.4 million in Q3 2025 and a low of $14.3 million during Q1 2022.
  • Moreover, its 3-year median value for EBT was $25.4 million (2023), whereas its average is $25.3 million.
  • Per our database at Business Quant, Mercantile Bank's EBT skyrocketed by 107.98% in 2021 and then tumbled by 34.52% in 2022.
  • Mercantile Bank's EBT (Quarterly) stood at $15.2 million in 2021, then skyrocketed by 76.55% to $26.9 million in 2022, then decreased by 6.19% to $25.2 million in 2023, then dropped by 7.86% to $23.2 million in 2024, then grew by 11.74% to $27.4 million in 2025.
  • Its last three reported values are $27.4 million in Q3 2025, $26.0 million for Q2 2025, and $24.0 million during Q1 2025.