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Mercantile Bank (MBWM) Interest Income - Net: 2009-2024

Historic Interest Income - Net for Mercantile Bank (MBWM) over the last 16 years, with Dec 2024 value amounting to $191.1 million.

  • Mercantile Bank's Interest Income - Net rose 7.68% to $52.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $198.4 million, marking a year-over-year increase of 3.67%. This contributed to the annual value of $191.1 million for FY2024, which is 1.27% down from last year.
  • Mercantile Bank's Interest Income - Net amounted to $191.1 million in FY2024, which was down 1.27% from $193.5 million recorded in FY2023.
  • Over the past 5 years, Mercantile Bank's Interest Income - Net peaked at $193.5 million during FY2023, and registered a low of $122.2 million during FY2020.
  • Over the past 3 years, Mercantile Bank's median Interest Income - Net value was $191.1 million (recorded in 2024), while the average stood at $181.0 million.
  • Its Interest Income - Net has fluctuated over the past 5 years, first dropped by 1.84% in 2020, then climbed by 27.55% in 2022.
  • Mercantile Bank's Interest Income - Net (Yearly) stood at $122.2 million in 2020, then increased by 1.49% to $124.1 million in 2021, then climbed by 27.55% to $158.2 million in 2022, then climbed by 22.31% to $193.5 million in 2023, then declined by 1.27% to $191.1 million in 2024.