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

Mercantile Bank has reported Interest Expenses for 17 years, with the latest figure at $43.5 million in Q2 2026.

• Interest Expenses for Q2 2026 came in at $43.5 million, up 33.97% year-over-year; the trailing twelve-month figure through Jun 2026 was $43.5 million (down 46.55% YoY), and the FY2025 annual result was $129.4 million, down 0.76% from the prior year.
• Interest Expenses rose to $43.5 million in Q2 2026, from $40.7 million in the prior quarter.
• Over five years, Interest Expenses peaked at $93.2 million in Q3 2023 and troughed at -$13.2 million in Q4 2022.
• A 5-year average of $50.9 million and a median of $46.5 million in 2024 frame the typical range for Interest Expenses.
• The widest annual swing landed in 2022, when Interest Expenses jumped 1440.78%; it then tumbled 52.47% in 2025.
• A 5-year view of Interest Expenses shows it stood at -$13.2 million in 2022, then surged by 321.3% to $29.1 million in 2023, then increased by 13.0% to $32.9 million in 2024, then decreased by 4.31% to $31.5 million in 2025, then surged by 38.02% to $43.5 million in 2026.
• Per Business Quant data, the three most recent Interest Expenses figures were $43.5 million in Q2 2026, $40.7 million in Q1 2026, and $31.5 million in Q4 2025.