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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.
  • Per Mercantile Bank's latest filing, its Interest Expenses stood at $33.6 million for Q3 2025, which was down 421.13% from $32.5 million recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's Interest Expenses ranged from a high of $35.1 million in Q3 2024 and a low of $4.5 million during Q4 2021
  • Moreover, its 5-year median value for Interest Expenses was $18.4 million (2023), whereas its average is $18.4 million.
  • Its Interest Expenses has fluctuated over the past 5 years, first tumbled by 3104.9% in 2021, then skyrocketed by 28574.66% in 2023.
  • Over the past 5 years, Mercantile Bank's Interest Expenses (Quarter) stood at $4.5 million in 2021, then soared by 68.87% to $7.6 million in 2022, then soared by 230.06% to $25.2 million in 2023, then soared by 35.66% to $34.1 million in 2024, then decreased by 1.42% to $33.6 million in 2025.
  • Its Interest Expenses was $33.6 million in Q3 2025, compared to $32.5 million in Q2 2025 and $31.8 million in Q1 2025.