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Mercantile Bank (MBWM) EBT: 2009-2024

Historic EBT for Mercantile Bank (MBWM) over the last 16 years, with Dec 2024 value amounting to $98.3 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.
  • According to the latest figures from FY2024, Mercantile Bank's EBT is $98.3 million, which was down 4.30% from $102.7 million recorded in FY2023.
  • In the past 5 years, Mercantile Bank's EBT ranged from a high of $102.7 million in FY2023 and a low of $54.8 million during FY2020.
  • Its 3-year average for EBT is $92.3 million, with a median of $98.3 million in 2024.
  • As far as peak fluctuations go, Mercantile Bank's EBT decreased by 9.28% in 2020, and later skyrocketed by 35.50% in 2023.
  • Mercantile Bank's EBT (Yearly) stood at $54.8 million in 2020, then spiked by 34.40% to $73.7 million in 2021, then grew by 2.81% to $75.8 million in 2022, then soared by 35.50% to $102.7 million in 2023, then fell by 4.30% to $98.3 million in 2024.