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

Historic Interest Income - Total for Mercantile Bank (MBWM) over the last 16 years, with Dec 2024 value amounting to $183.7 million.

  • Mercantile Bank's Interest Income - Total rose 9.77% to $51.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $193.0 million, marking a year-over-year increase of 5.07%. This contributed to the annual value of $183.7 million for FY2024, which is 1.16% down from last year.
  • According to the latest figures from FY2024, Mercantile Bank's Interest Income - Total is $183.7 million, which was down 1.16% from $185.8 million recorded in FY2023.
  • Over the past 5 years, Mercantile Bank's Interest Income - Total peaked at $321.5 million during FY2024, and registered a low of $143.5 million during FY2021.
  • Its 3-year average for Interest Income - Total is $258.2 million, with a median of $271.4 million in 2023.
  • In the last 5 years, Mercantile Bank's Interest Income - Total fell by 11.88% in 2020 and then rose by 22.51% in 2023.
  • Yearly analysis of 5 years shows Mercantile Bank's Interest Income - Total stood at $108.2 million in 2020, then rose by 18.64% to $128.4 million in 2021, then grew by 18.18% to $151.7 million in 2022, then grew by 22.51% to $185.8 million in 2023, then fell by 1.16% to $183.7 million in 2024.