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

Mercantile Bank's Interest Expense - Deposits history spans 10 years, with the latest figure at $24.8 million for Q4 2025.

  • For Q4 2025, Interest Expense - Deposits fell 7.81% year-over-year to $24.8 million; the TTM value through Dec 2025 reached $102.5 million, up 1.1%, while the annual FY2025 figure was $102.5 million, 1.1% up from the prior year.
  • Interest Expense - Deposits reached $24.8 million in Q4 2025 per MBWM's latest filing, down from $26.8 million in the prior quarter.
  • In the past five years, Interest Expense - Deposits ranged from a high of $27.6 million in Q3 2024 to a low of $1.8 million in Q1 2022.
  • Average Interest Expense - Deposits over 5 years is $13.9 million, with a median of $14.3 million recorded in 2023.
  • Peak YoY movement for Interest Expense - Deposits: tumbled 41.46% in 2021, then skyrocketed 602.17% in 2023.
  • A 5-year view of Interest Expense - Deposits shows it stood at $1.9 million in 2021, then skyrocketed by 116.39% to $4.0 million in 2022, then soared by 370.67% to $19.0 million in 2023, then surged by 41.33% to $26.9 million in 2024, then fell by 7.81% to $24.8 million in 2025.
  • Per Business Quant, the three most recent readings for MBWM's Interest Expense - Deposits are $24.8 million (Q4 2025), $26.8 million (Q3 2025), and $25.7 million (Q2 2025).