Mercantile Bank (MBWM) Income towards Parent Company: 2009-2024

Historic Income towards Parent Company for Mercantile Bank (MBWM) over the last 16 years, with Dec 2024 value amounting to $79.2 million.

  • Mercantile Bank's Income towards Parent Company rose 21.10% to $23.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $85.1 million, marking a year-over-year increase of 9.21%. This contributed to the annual value of $79.2 million for FY2024, which is 1.23% down from last year.
  • According to the latest figures from FY2024, Mercantile Bank's Income towards Parent Company is $79.2 million, which was down 1.23% from $80.2 million recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Income towards Parent Company ranged from a high of $80.2 million in FY2023 and a low of $39.9 million during FY2020.
  • For the 3-year period, Mercantile Bank's Income towards Parent Company averaged around $73.0 million, with its median value being $79.2 million (2024).
  • In the last 5 years, Mercantile Bank's Income towards Parent Company fell by 19.32% in 2020 and then surged by 47.91% in 2021.
  • Yearly analysis of 5 years shows Mercantile Bank's Income towards Parent Company stood at $39.9 million in 2020, then surged by 47.91% to $59.0 million in 2021, then grew by 1.17% to $59.7 million in 2022, then spiked by 34.28% to $80.2 million in 2023, then decreased by 1.23% to $79.2 million in 2024.