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Mercantile Bank (MBWM) Interest Expenses (2016 - 2025)

Historic Interest Expenses for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $33.6 million.

  • Mercantile Bank's Interest Expenses fell 421.13% 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 872.09%. This contributed to the annual value of $130.4 million for FY2024, which is 6760.18% up from last year.
  • Latest data reveals that Mercantile Bank reported Interest Expenses of $33.6 million as of Q3 2025, which was down 421.13% from $32.5 million recorded in Q2 2025.
  • Mercantile Bank's Interest Expenses' 5-year high stood at $35.1 million during Q3 2024, with a 5-year trough of $4.5 million in Q4 2021.
  • Over the past 5 years, Mercantile Bank's median Interest Expenses value was $18.4 million (recorded in 2023), while the average stood at $18.4 million.
  • As far as peak fluctuations go, Mercantile Bank's Interest Expenses crashed by 3104.9% in 2021, and later surged by 28574.66% in 2023.
  • Over the past 5 years, Mercantile Bank's Interest Expenses (Quarter) stood at $4.5 million in 2021, then skyrocketed by 68.87% to $7.6 million in 2022, then skyrocketed by 230.06% to $25.2 million in 2023, then skyrocketed by 35.66% to $34.1 million in 2024, then fell by 1.42% to $33.6 million in 2025.
  • Its last three reported values are $33.6 million in Q3 2025, $32.5 million for Q2 2025, and $31.8 million during Q1 2025.