Mercantile Bank (MBWM) Interest Expense - Debt (2010 - 2026)

Mercantile Bank (MBWM) has 17 years of Interest Expense - Debt data on file, last reported at $2.2 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Expense - Debt rose 15.8% year-over-year to $2.2 million; the trailing twelve-month figure through Mar 2026 stood at $2.2 million (down 76.12% YoY), and the FY2025 full-year result was $7.5 million, down 42.66% from the prior year.
• Interest Expense - Debt for Q1 2026 stood at $2.2 million, up from -$1.2 million in the prior quarter.
• Across five years, Interest Expense - Debt topped out at $9.3 million in Q4 2023 and bottomed at -$1.2 million in Q4 2025.
• The 5-year median for Interest Expense - Debt is $1.9 million (2025), against an average of $2.3 million.
• The widest annual swing landed in 2022, when Interest Expense - Debt surged 14425.0%; it then sank 138.89% in 2025.
• A 5-year view of Interest Expense - Debt shows it stood at $7.0 million in 2022, then surged by 33.41% to $9.3 million in 2023, then slumped by 66.13% to $3.2 million in 2024, then tumbled by 138.89% to -$1.2 million in 2025, then surged by 283.1% to $2.2 million in 2026.
• The last three Interest Expense - Debt figures came in at $2.2 million (Q1 2026), -$1.2 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.

Peer Comparison