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Mercantile Bank (MBWM) Interest Expense - Debt (2016 - 2025)

Mercantile Bank's Interest Expense - Debt history spans 10 years, with the latest figure at $2.7 million for Q4 2025.

  • For Q4 2025, Interest Expense - Debt rose 271.62% year-over-year to $2.7 million; the TTM value through Dec 2025 reached $11.4 million, up 74.34%, while the annual FY2025 figure was $11.4 million, 37.63% up from the prior year.
  • Interest Expense - Debt reached $2.7 million in Q4 2025 per MBWM's latest filing, down from $2.9 million in the prior quarter.
  • In the past five years, Interest Expense - Debt ranged from a high of $9.3 million in Q4 2023 to a low of -$4.2 million in Q4 2021.
  • Average Interest Expense - Debt over 5 years is $2.0 million, with a median of $1.8 million recorded in 2022.
  • Peak YoY movement for Interest Expense - Debt: tumbled 10290.24% in 2021, then soared 5077.78% in 2022.
  • A 5-year view of Interest Expense - Debt shows it stood at -$4.2 million in 2021, then soared by 266.87% to $7.0 million in 2022, then soared by 33.41% to $9.3 million in 2023, then plummeted by 117.01% to -$1.6 million in 2024, then soared by 271.62% to $2.7 million in 2025.
  • Per Business Quant, the three most recent readings for MBWM's Interest Expense - Debt are $2.7 million (Q4 2025), $2.9 million (Q3 2025), and $2.9 million (Q2 2025).