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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.
  • Mercantile Bank's Interest Expenses amounted to $33.6 million in 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
  • For the 5-year period, Mercantile Bank's Interest Expenses averaged around $18.4 million, with its median value being $18.4 million (2023).
  • Per our database at Business Quant, Mercantile Bank's Interest Expenses tumbled by 3104.9% in 2021 and then skyrocketed by 28574.66% in 2023.
  • 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 stands at $33.6 million for Q3 2025, versus $32.5 million for Q2 2025 and $31.8 million for Q1 2025.