Balance Sheet
Cash Flow Statement
Beginning Cash BalanceCapital ExpendituresCash from Financing ActivitiesCash from Investing ActivitiesCash from OperationsChange in Accured ExpensesChange in Acquisitions & DivestmentsChange in CashChange in Interest ReceivablesChange in LoansChange in Net LoansDepreciation & Amortization (CF)Depreciation and DepletionDividends Paid - CommonFree Cash FlowGains from Investment SecuritiesGains from Sales and DivestituresLong-Term Debt IssuancesLong-Term Debt RepaymentsNet Cash FlowNet IncomeOther financing activitiesShare-based CompensationShares IssuedShort-Term Debt issuances
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Mercantile Bank (MBWM) Net Income: 2011-2025

Historic Net Income for Mercantile Bank (MBWM) over the last 14 years, with Sep 2025 value amounting to $23.8 million.

  • Mercantile Bank's Net Income rose 21.10% to $23.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $85.1 million, marking a year-over-year increase of 9.21%. This contributed to the annual value of $79.2 million for FY2024, which is 1.23% down from last year.
  • Mercantile Bank's Net Income amounted to $23.8 million in Q3 2025, which was up 5.04% from $22.6 million recorded in Q2 2025.
  • Mercantile Bank's Net Income's 5-year high stood at $23.8 million during Q3 2025, with a 5-year trough of $11.5 million in Q1 2022.
  • Over the past 3 years, Mercantile Bank's median Net Income value was $20.4 million (recorded in 2023), while the average stood at $20.5 million.
  • Per our database at Business Quant, Mercantile Bank's Net Income skyrocketed by 107.99% in 2021 and then plummeted by 35.12% in 2022.
  • Over the past 5 years, Mercantile Bank's Net Income (Quarterly) stood at $11.6 million in 2021, then spiked by 75.70% to $20.4 million in 2022, then decreased by 12.01% to $18.0 million in 2023, then grew by 6.86% to $19.2 million in 2024, then climbed by 21.10% to $23.8 million in 2025.
  • Its last three reported values are $23.8 million in Q3 2025, $22.6 million for Q2 2025, and $19.5 million during Q1 2025.