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Mercantile Bank (MBWM) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $34.8 million.

  • Mercantile Bank's Operating Expenses rose 757.51% 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 911.63%. This contributed to the annual value of $125.8 million for FY2024, which is 910.75% up from last year.
  • Latest data reveals that Mercantile Bank reported Operating Expenses of $34.8 million as of Q3 2025, which was up 757.51% 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.
  • Moreover, its 5-year median value for Operating Expenses was $28.9 million (2023), whereas its average is $29.4 million.
  • Its Operating Expenses has fluctuated over the past 5 years, first soared by 2854.94% in 2021, then tumbled by 1455.3% in 2022.
  • Mercantile Bank's Operating Expenses (Quarter) stood at $33.3 million in 2021, then fell by 14.55% to $28.5 million in 2022, then grew by 5.07% to $29.9 million in 2023, then increased by 12.91% to $33.8 million in 2024, then grew by 2.79% to $34.8 million in 2025.
  • Its Operating Expenses stands at $34.8 million for Q3 2025, versus $33.4 million for Q2 2025 and $31.1 million for Q1 2025.