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Mercantile Bank (MBWM) Net Income (2016 - 2025)

Historic Net Income for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $23.8 million.

  • Mercantile Bank's Net Income rose 2110.31% 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 921.24%. This contributed to the annual value of $79.2 million for FY2024, which is 122.85% down from last year.
  • As of Q3 2025, Mercantile Bank's Net Income stood at $23.8 million, which was up 2110.31% from $22.6 million recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's Net Income ranged from a high of $23.8 million in Q3 2025 and a low of $11.5 million during Q1 2022
  • For the 5-year period, Mercantile Bank's Net Income averaged around $18.1 million, with its median value being $19.2 million (2024).
  • Its Net Income has fluctuated over the past 5 years, first skyrocketed by 10799.03% in 2021, then tumbled by 3512.24% in 2022.
  • Quarter analysis of 5 years shows Mercantile Bank's Net Income stood at $11.6 million in 2021, then soared by 75.7% to $20.4 million in 2022, then dropped by 12.01% to $18.0 million in 2023, then grew by 6.86% to $19.2 million in 2024, then increased by 23.55% to $23.8 million in 2025.
  • Its Net Income was $23.8 million in Q3 2025, compared to $22.6 million in Q2 2025 and $19.5 million in Q1 2025.