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

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

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

Mercantile Bank's Interest Expense - Others history runs 6 years deep, the most recent figure standing at $665000.0 for Q3 2015.

  • Quarterly Interest Expense - Others fell 10.14% year-over-year to $665000.0 in Q3 2015, while the trailing twelve-month figure through Sep 2015 was $2.6 million (up 42.66% YoY) and the FY2014 annual result came in at $2.2 million, up 74.78% from the prior year.
  • Interest Expense - Others was $665000.0 for Q3 2015 at Mercantile Bank, up from $657000.0 in the prior quarter.
  • Across five years, Interest Expense - Others topped out at $740000.0 in Q3 2014 and bottomed at $224000.0 in Q4 2012.
  • A 5-year average of $388263.2 and a median of $317000.0 in 2014 frame the typical range for Interest Expense - Others.
  • Annual changes were most pronounced in 2011 — Interest Expense - Others slumped 31.1% — and 2014, when it surged 129.1%.
  • Mercantile Bank's Interest Expense - Others stood at $228000.0 in 2011, then decreased by 1.75% to $224000.0 in 2012, then jumped by 44.2% to $323000.0 in 2013, then soared by 108.05% to $672000.0 in 2014, then decreased by 1.04% to $665000.0 in 2015.
  • Business Quant data shows MBWM's Interest Expense - Others at $665000.0 in Q3 2015, $657000.0 in Q2 2015, and $651000.0 in Q1 2015.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn -
6 Lloyds Banking 358.14 Bn 358.14 Bn -
7 First Capital 200.03 Bn 199.69 Bn -
8 Landmark Bancorp 187.97 Bn 187.94 Bn -
9 Pnc Financial Services 100.96 Bn 101.01 Bn -
10 Mercantile Bank 985.63 Mn 406.32 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