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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.
  • According to the latest figures from Q3 2025, Mercantile Bank's Interest Expense - Debt is $2.9 million, which was down 1003.73% from $2.9 million recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's Interest Expense - Debt registered a high of $3.4 million during Q1 2024, and its lowest value of $1.6 million during Q4 2022.
  • Moreover, its 5-year median value for Interest Expense - Debt was $2.9 million (2025), whereas its average is $2.6 million.
  • Its Interest Expense - Debt has fluctuated over the past 5 years, first crashed by 2135.11% in 2022, then skyrocketed 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 decreased by 21.35% to $1.6 million in 2022, then skyrocketed by 103.89% to $3.3 million in 2023, then fell by 3.14% to $3.2 million in 2024, then dropped by 8.1% to $2.9 million in 2025.
  • Its Interest Expense - Debt was $2.9 million in Q3 2025, compared to $2.9 million in Q2 2025 and $2.9 million in Q1 2025.