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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.
  • According to the latest figures from Q3 2025, Mercantile Bank's Operating Expenses is $34.8 million, which was up 757.51% from $33.4 million recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's Operating Expenses ranged from a high of $34.8 million in Q3 2025 and a low of $25.1 million during Q1 2021
  • Its 5-year average for Operating Expenses is $29.4 million, with a median of $28.9 million in 2023.
  • Per our database at Business Quant, Mercantile Bank's Operating Expenses skyrocketed by 2854.94% in 2021 and then crashed by 1455.3% in 2022.
  • Over the past 5 years, Mercantile Bank's Operating Expenses (Quarter) stood at $33.3 million in 2021, then dropped by 14.55% to $28.5 million in 2022, then increased by 5.07% to $29.9 million in 2023, then rose by 12.91% to $33.8 million in 2024, then increased by 2.79% to $34.8 million in 2025.
  • Its Operating Expenses was $34.8 million in Q3 2025, compared to $33.4 million in Q2 2025 and $31.1 million in Q1 2025.