Mercantile Bank (MBWM) Interest Expenses (2010 - 2026)

Mercantile Bank (MBWM) has 17 years of Interest Expenses data on file, last reported at $29.5 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Expenses fell 7.12% year-over-year to $29.5 million; the trailing twelve-month figure through Mar 2026 stood at $126.9 million (down 4.49% YoY), and the FY2025 full-year result was $129.2 million, down 0.97% from the prior year.
• Interest Expenses for Q1 2026 stood at $29.5 million, down from $31.2 million in the prior quarter.
• Across five years, Interest Expenses topped out at $35.1 million in Q3 2024 and bottomed at $5.0 million in Q1 2022.
• The 5-year median for Interest Expenses is $29.4 million (2024), against an average of $23.0 million.
• The widest annual swing landed in 2023, when Interest Expenses jumped 285.75%; it then dropped 8.46% in 2025.
• A 5-year view of Interest Expenses shows it stood at $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 dropped by 8.46% to $31.2 million in 2025, then retreated by 5.49% to $29.5 million in 2026.
• The last three Interest Expenses figures came in at $29.5 million (Q1 2026), $31.2 million (Q4 2025), and $33.6 million (Q3 2025), per Business Quant data.

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