Mercantile Bank (MBWM) Interest Expense - Others (2010 - 2015)

Mercantile Bank (MBWM) reported Interest Expense - Others of $665000.0 for Q3 2015, down 10.14% on a YoY basis from $740000.0 in Q3 2014, and up 1.22% quarter-over-quarter from $657000.0 in Q2 2015.

Mercantile Bank (MBWM) Interest Expense - Others (2010 - 2015) Analysis & Trends

Mercantile Bank has reported Interest Expense - Others for 6 years, with the latest figure at $665000.0 in Q3 2015.

  • For the quarter ending Q3 2015, Interest Expense - Others fell 10.14% year-over-year to $665000.0; the trailing twelve-month figure through Sep 2015 stood at $2.6 million (up 42.66% YoY), and the FY2014 full-year result was $2.2 million, up 74.78% from the prior year.
  • Interest Expense - Others for Q3 2015 stood at $665000.0, up from $657000.0 in the prior quarter.
  • The five-year high for Interest Expense - Others was $740000.0 in Q3 2014, with the low at $224000.0 in Q4 2012.
  • Historically, Interest Expense - Others has averaged $388263.2 across 5 years, with a median of $317000.0 in 2014.
  • Annual changes were most pronounced in 2011 — Interest Expense - Others tumbled 31.1% — and 2014, when it surged 129.1%.
  • Mercantile Bank's Interest Expense - Others stood at $228000.0 in 2011, then fell by 1.75% to $224000.0 in 2012, then surged by 44.2% to $323000.0 in 2013, then jumped by 108.05% to $672000.0 in 2014, then fell by 1.04% to $665000.0 in 2015.
  • The last three Interest Expense - Others figures came in at $665000.0 (Q3 2015), $657000.0 (Q2 2015), and $651000.0 (Q1 2015), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn -
3 Lloyds Banking 384.13 Bn 384.40 Bn -
4 First Capital 215.78 Bn 215.63 Bn -
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn -
6 Landmark Bancorp 180.37 Bn 180.34 Bn -
7 NatWest 168.65 Bn -51.67 Bn -
8 Shinhan Financial 136.54 Bn 104.11 Bn -
9 Mizuho Financial 112.02 Bn 112.56 Bn -
10 Mercantile Bank 955.46 Mn 357.30 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2015 665,000.00
Jun 30, 2015 657,000.00
Mar 31, 2015 651,000.00
Dec 31, 2014 672,000.00
Sep 30, 2014 740,000.00
Jun 30, 2014 474,000.00
Mar 31, 2014 317,000.00
Dec 31, 2013 323,000.00
Sep 30, 2013 323,000.00
Jun 30, 2013 319,000.00
Mar 31, 2013 297,000.00
Dec 31, 2012 224,000.00
Sep 30, 2012 234,000.00
Jun 30, 2012 233,000.00
Mar 31, 2012 238,000.00
Dec 31, 2011 228,000.00
Sep 30, 2011 226,000.00
Jun 30, 2011 247,000.00
Mar 31, 2011 309,000.00
Dec 31, 2010 317,000.00