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Mercantile Bank (MBWM) Interest Expenses: 2011-2025

Historic Interest Expenses for Mercantile Bank (MBWM) over the last 14 years, with Sep 2025 value amounting to $33.6 million.

  • Mercantile Bank's Interest Expenses fell 4.21% to $33.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $132.0 million, marking a year-over-year increase of 8.72%. This contributed to the annual value of $130.4 million for FY2024, which is 67.60% up from last year.
  • As of Q3 2025, Mercantile Bank's Interest Expenses stood at $33.6 million, which was up 3.58% from $32.5 million recorded in Q2 2025.
  • Mercantile Bank's 5-year Interest Expenses high stood at $35.1 million for Q3 2024, and its period low was $4.5 million during Q4 2021.
  • Over the past 3 years, Mercantile Bank's median Interest Expenses value was $31.8 million (recorded in 2025), while the average stood at $27.8 million.
  • In the last 5 years, Mercantile Bank's Interest Expenses slumped by 31.05% in 2021 and then soared by 285.75% in 2023.
  • Quarterly analysis of 5 years shows Mercantile Bank's Interest Expenses stood at $4.5 million in 2021, then soared by 68.87% to $7.6 million in 2022, then surged by 230.06% to $25.2 million in 2023, then surged by 35.66% to $34.1 million in 2024, then decreased by 4.21% to $33.6 million in 2025.
  • Its Interest Expenses stands at $33.6 million for Q3 2025, versus $32.5 million for Q2 2025 and $31.8 million for Q1 2025.