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

Mercantile Bank's Interest Expenses history spans 10 years, with the latest figure at $31.2 million for Q4 2025.

  • For Q4 2025, Interest Expenses fell 8.46% year-over-year to $31.2 million; the TTM value through Dec 2025 reached $129.1 million, down 0.97%, while the annual FY2025 figure was $129.2 million, 0.97% down from the prior year.
  • Interest Expenses reached $31.2 million in Q4 2025 per MBWM's latest filing, down from $33.6 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $35.1 million in Q3 2024 to a low of $4.5 million in Q4 2021.
  • Average Interest Expenses over 5 years is $19.0 million, with a median of $20.3 million recorded in 2023.
  • Peak YoY movement for Interest Expenses: crashed 31.05% in 2021, then surged 285.75% in 2023.
  • A 5-year view of Interest Expenses shows it stood at $4.5 million in 2021, then skyrocketed 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 8.46% to $31.2 million in 2025.
  • Per Business Quant, the three most recent readings for MBWM's Interest Expenses are $31.2 million (Q4 2025), $33.6 million (Q3 2025), and $32.5 million (Q2 2025).