Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Amortization - IntangiblesConsolidated Net IncomeDepreciation & Amortization - TotalEBITEBTEPS (Basic)EPS (Weighted Average and Diluted)Financial Services FeesIncome 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: 2011-2025

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

  • Mercantile Bank's Interest Expense - Debt fell 10.04% 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 9.76%. This contributed to the annual value of $13.0 million for FY2024, which is 14.52% up from last year.
  • Mercantile Bank's Interest Expense - Debt amounted to $2.9 million in Q3 2025, which was down 0.07% from $2.9 million recorded in Q2 2025.
  • Mercantile Bank's Interest Expense - Debt's 5-year high stood at $3.4 million during Q1 2024, with a 5-year trough of $1.6 million in Q4 2022.
  • For the 3-year period, Mercantile Bank's Interest Expense - Debt averaged around $3.0 million, with its median value being $3.1 million (2024).
  • As far as peak fluctuations go, Mercantile Bank's Interest Expense - Debt fell by 21.35% in 2022, and later surged by 103.89% in 2023.
  • Over the past 5 years, Mercantile Bank's Interest Expense - Debt (Quarterly) 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 fell by 3.14% to $3.1 million in 2024, then decreased by 10.04% 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.