Mercantile Bank (MBWM) Other Operating Expenses (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Other Operating Expenses of $32.4 million for Q2 2026, up 17.3% year-over-year from $27.6 million in Q2 2025, and down 7.32% on a QoQ basis from $35.0 million in Q1 2026.
Mercantile Bank (MBWM) Other Operating Expenses (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Other Operating Expenses for 17 years, with the latest figure at $32.4 million in Q2 2026.
- Other Operating Expenses for Q2 2026 came in at $32.4 million, up 17.3% year-over-year; the trailing twelve-month figure through Jun 2026 was $124.9 million (up 15.92% YoY), and the FY2025 annual result was $110.4 million, up 6.76% from the prior year.
- Other Operating Expenses eased to $32.4 million in Q2 2026, from $35.0 million in the prior quarter.
- Over five years, Other Operating Expenses peaked at $35.0 million in Q1 2026 and troughed at -$391000.0 in Q4 2023.
- A 5-year average of $20.5 million and a median of $24.4 million in 2024 frame the typical range for Other Operating Expenses.
- The widest annual swing landed in 2023, when Other Operating Expenses sank 731.91%; it then soared 7309.21% in 2024.
- A 5-year view of Other Operating Expenses shows it stood at -$47000.0 in 2022, then slumped by 731.91% to -$391000.0 in 2023, then soared by 7309.21% to $28.2 million in 2024, then rose by 4.53% to $29.5 million in 2025, then rose by 9.97% to $32.4 million in 2026.
- Per Business Quant data, the three most recent Other Operating Expenses figures were $32.4 million in Q2 2026, $35.0 million in Q1 2026, and $29.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.40 Mn |
| Mar 31, 2026 | 34.96 Mn |
| Dec 31, 2025 | 29.47 Mn |
| Sep 30, 2025 | 28.08 Mn |
| Jun 30, 2025 | 27.63 Mn |
| Mar 31, 2025 | 25.22 Mn |
| Dec 31, 2024 | 28.19 Mn |
| Sep 30, 2024 | 26.72 Mn |
| Jun 30, 2024 | 24.10 Mn |
| Mar 31, 2024 | 24.37 Mn |
| Dec 31, 2023 | -391,000.00 |
| Sep 30, 2023 | 391,000.00 |
| Jun 30, 2023 | 22.85 Mn |
| Mar 31, 2023 | 23.15 Mn |
| Dec 31, 2022 | -47,000.00 |
| Sep 30, 2022 | 27,000.00 |
| Mar 31, 2022 | 20.67 Mn |
| Jun 30, 2021 | 1.06 Mn |
| Mar 31, 2021 | 20.49 Mn |
| Mar 31, 2020 | 18.40 Mn |