Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Amortization - IntangiblesConsolidated Net IncomeDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Income from Continuing OperationsIncome towards Parent CompanyInterest Expense - DebtInterest Expense - DepositsInterest ExpensesInterest Income - Debt SecuritiesInterest Income - DepositsInterest Income - NetInterest Income - TotalInterest income - LoansInvestment Banking IncomeMortgage BankingNet Income towards Common StockholdersNon-Interest IncomeOperating ExpensesOther Non-Interest IncomeOther Operating ExpensesProfit After TaxProvisionsRent ExpenseResearch & DevelopmentRestructuring CostsRevenueShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateWages, Salaries and Other
Others
Ratios

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

Historic Interest Expense - Debt for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $2.9 million.

  • Mercantile Bank's Interest Expense - Debt fell 1003.73% to $2.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $11.8 million, marking a year-over-year decrease of 976.3%. This contributed to the annual value of $13.0 million for FY2024, which is 1452.45% up from last year.
  • Per Mercantile Bank's latest filing, its Interest Expense - Debt stood at $2.9 million for Q3 2025, which was down 1003.73% from $2.9 million recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's Interest Expense - Debt ranged from a high of $3.4 million in Q1 2024 and a low of $1.6 million during Q4 2022
  • Its 5-year average for Interest Expense - Debt is $2.6 million, with a median of $2.9 million in 2025.
  • As far as peak fluctuations go, Mercantile Bank's Interest Expense - Debt plummeted by 2135.11% in 2022, and later surged by 10388.71% in 2023.
  • Quarter analysis of 5 years shows Mercantile Bank's Interest Expense - Debt stood at $2.0 million in 2021, then fell by 21.35% to $1.6 million in 2022, then surged by 103.89% to $3.3 million in 2023, then dropped by 3.14% to $3.2 million in 2024, then decreased by 8.1% to $2.9 million in 2025.
  • Its last three reported values are $2.9 million in Q3 2025, $2.9 million for Q2 2025, and $2.9 million during Q1 2025.