Balance Sheet
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Capital 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 RepaymentsNet Cash FlowNet IncomeOther financing activitiesShare-based CompensationShort-Term Debt issuances
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Mercantile Bank (MBWM) Net Income (2016 - 2025)

Mercantile Bank's Net Income history spans 10 years, with the latest figure at $24.9 million for Q4 2025.

  • For Q4 2025, Net Income rose 29.62% year-over-year to $24.9 million; the TTM value through Dec 2025 reached $90.8 million, up 14.7%, while the annual FY2025 figure was $90.8 million, 14.7% up from the prior year.
  • Net Income reached $24.9 million in Q4 2025 per MBWM's latest filing, up from $23.8 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $24.9 million in Q4 2025 to a low of $11.5 million in Q1 2022.
  • Average Net Income over 5 years is $18.6 million, with a median of $19.4 million recorded in 2024.
  • Peak YoY movement for Net Income: skyrocketed 107.99% in 2021, then tumbled 35.12% in 2022.
  • A 5-year view of Net Income shows it stood at $13.7 million in 2021, then soared by 59.62% to $21.8 million in 2022, then fell by 17.47% to $18.0 million in 2023, then grew by 6.86% to $19.2 million in 2024, then increased by 29.62% to $24.9 million in 2025.
  • Per Business Quant, the three most recent readings for MBWM's Net Income are $24.9 million (Q4 2025), $23.8 million (Q3 2025), and $22.6 million (Q2 2025).