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Mercantile Bank (MBWM) Operating Expenses: 2011-2025

Historic Operating Expenses for Mercantile Bank (MBWM) over the last 14 years, with Sep 2025 value amounting to $34.8 million.

  • Mercantile Bank's Operating Expenses rose 7.58% to $34.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $133.0 million, marking a year-over-year increase of 9.12%. This contributed to the annual value of $125.8 million for FY2024, which is 9.11% up from last year.
  • As of Q3 2025, Mercantile Bank's Operating Expenses stood at $34.8 million, which was up 4.11% from $33.4 million recorded in Q2 2025.
  • Mercantile Bank's 5-year Operating Expenses high stood at $34.8 million for Q3 2025, and its period low was $25.1 million during Q1 2021.
  • For the 3-year period, Mercantile Bank's Operating Expenses averaged around $30.9 million, with its median value being $29.9 million (2024).
  • As far as peak fluctuations go, Mercantile Bank's Operating Expenses grew by 28.55% in 2021, and later dropped by 14.55% in 2022.
  • Over the past 5 years, Mercantile Bank's Operating Expenses (Quarterly) stood at $33.3 million in 2021, then decreased by 14.55% to $28.5 million in 2022, then rose by 5.07% to $29.9 million in 2023, then rose by 12.91% to $33.8 million in 2024, then increased by 7.58% to $34.8 million in 2025.
  • Its last three reported values are $34.8 million in Q3 2025, $33.4 million for Q2 2025, and $31.1 million during Q1 2025.