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 - Deposits: 2011-2025

Historic Interest Expense - Deposits for Mercantile Bank (MBWM) over the last 14 years, with Sep 2025 value amounting to $26.8 million.

  • Mercantile Bank's Interest Expense - Deposits fell 2.79% to $26.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $104.6 million, marking a year-over-year increase of 11.83%. This contributed to the annual value of $101.4 million for FY2024, which is 82.88% up from last year.
  • According to the latest figures from Q3 2025, Mercantile Bank's Interest Expense - Deposits is $26.8 million, which was up 4.24% from $25.7 million recorded in Q2 2025.
  • Mercantile Bank's 5-year Interest Expense - Deposits high stood at $27.6 million for Q3 2024, and its period low was $1.8 million during Q1 2022.
  • For the 3-year period, Mercantile Bank's Interest Expense - Deposits averaged around $21.3 million, with its median value being $24.7 million (2024).
  • As far as peak fluctuations go, Mercantile Bank's Interest Expense - Deposits plummeted by 41.46% in 2021, and later spiked by 602.17% in 2023.
  • Mercantile Bank's Interest Expense - Deposits (Quarterly) stood at $1.9 million in 2021, then skyrocketed by 116.39% to $4.0 million in 2022, then surged by 370.67% to $19.0 million in 2023, then spiked by 41.33% to $26.9 million in 2024, then fell by 2.79% to $26.8 million in 2025.
  • Its last three reported values are $26.8 million in Q3 2025, $25.7 million for Q2 2025, and $25.2 million during Q1 2025.