Mercantile Bank (MBWM) Net Income towards Common Stockholders: 2009-2024

Historic Net Income towards Common Stockholders for Mercantile Bank (MBWM) over the last 16 years, with Dec 2024 value amounting to $79.2 million.

  • Mercantile Bank's Net Income towards Common Stockholders 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.
  • Per Mercantile Bank's latest filing, its Net Income towards Common Stockholders stood at $79.2 million for FY2024, which was down 1.23% from $80.2 million recorded in FY2023.
  • Mercantile Bank's Net Income towards Common Stockholders' 5-year high stood at $80.2 million during FY2023, with a 5-year trough of $39.9 million in FY2020.
  • Over the past 3 years, Mercantile Bank's median Net Income towards Common Stockholders value was $79.2 million (recorded in 2024), while the average stood at $73.0 million.
  • As far as peak fluctuations go, Mercantile Bank's Net Income towards Common Stockholders fell by 19.32% in 2020, and later surged by 47.91% in 2021.
  • Mercantile Bank's Net Income towards Common Stockholders (Yearly) stood at $39.9 million in 2020, then soared by 47.91% to $59.0 million in 2021, then grew by 1.17% to $59.7 million in 2022, then surged by 34.28% to $80.2 million in 2023, then decreased by 1.23% to $79.2 million in 2024.