Mercantile Bank (MBWM) Other Operating Expenses (2010 - 2026)

Mercantile Bank posted quarterly Other Operating Expenses of $23.1 million for Q1 2026, up 5.5% year-on-year from $21.9 million in Q1 2025, and down 19.08% on a QoQ basis from $28.6 million in Q4 2025.

Mercantile Bank (MBWM) has 17 years of Other Operating Expenses data on file, last reported at $23.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Operating Expenses rose 5.5% year-over-year to $23.1 million; the trailing twelve-month figure through Mar 2026 stood at $105.7 million (up 7.72% YoY), and the FY2025 full-year result was $93.8 million, up 11.1% from the prior year.
  • Other Operating Expenses for Q1 2026 stood at $23.1 million, down from $28.6 million in the prior quarter.
  • Across five years, Other Operating Expenses topped out at $28.6 million in Q4 2025 and bottomed at $19.7 million in Q1 2022.
  • The 5-year median for Other Operating Expenses is $23.3 million (2024), against an average of $24.1 million.
  • Peak annual rise in Other Operating Expenses reached 15.62% in 2025, while the deepest fall reached 6.51% in 2025.
  • A 5-year view of Other Operating Expenses shows it stood at $19.7 million in 2022, then grew by 21.7% to $24.0 million in 2023, then grew by 13.53% to $27.3 million in 2024, then climbed by 4.78% to $28.6 million in 2025, then slipped by 19.08% to $23.1 million in 2026.
  • The last three Other Operating Expenses figures came in at $23.1 million (Q1 2026), $28.6 million (Q4 2025), and $27.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn -
3 Lloyds Banking 426.28 Bn 426.28 Bn -
4 NatWest 184.56 Bn 184.56 Bn -
5 First Capital 181.18 Bn 181.03 Bn -
6 Landmark Bancorp 164.67 Bn 164.64 Bn -
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn -
8 KB Financial 150.02 Bn 142.15 Bn -
9 Pnc Financial Services 88.79 Bn 88.84 Bn -
10 Mercantile Bank 899.78 Mn 301.62 Mn -

Historic Data

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DateValue
Mar 31, 2026 23.12 Mn
Dec 31, 2025 28.57 Mn
Sep 30, 2025 27.23 Mn
Jun 30, 2025 26.80 Mn
Mar 31, 2025 21.91 Mn
Dec 31, 2024 27.26 Mn
Sep 30, 2024 25.78 Mn
Jun 30, 2024 23.18 Mn
Mar 31, 2024 23.44 Mn
Dec 31, 2023 24.01 Mn
Sep 30, 2023 22.75 Mn
Jun 30, 2023 21.97 Mn
Mar 31, 2023 22.33 Mn
Mar 31, 2022 19.73 Mn
Jun 30, 2021 1.06 Mn
Mar 31, 2021 19.60 Mn
Mar 31, 2020 17.62 Mn
Dec 31, 2019 18.29 Mn
Sep 30, 2019 17.36 Mn
Jun 30, 2019 17.54 Mn
Mar 31, 2019 17.22 Mn
Dec 31, 2018 17.47 Mn
Sep 30, 2018 17.19 Mn
Jun 30, 2018 17.07 Mn
Mar 31, 2018 16.70 Mn
Dec 31, 2017 15.76 Mn
Sep 30, 2017 16.00 Mn
Jun 30, 2017 15.71 Mn
Mar 31, 2017 15.68 Mn
Dec 31, 2016 14.40 Mn
Sep 30, 2016 15.63 Mn
Jun 30, 2016 15.22 Mn
Mar 31, 2016 15.75 Mn
Dec 31, 2015 16.06 Mn
Sep 30, 2015 15.64 Mn
Jun 30, 2015 16.40 Mn
Mar 31, 2015 15.27 Mn
Dec 31, 2014 10.95 Mn
Sep 30, 2014 3.28 Mn
Jun 30, 2014 5.71 Mn
Mar 31, 2014 6.40 Mn
Dec 31, 2013 6.45 Mn
Sep 30, 2013 693,000.00
Jun 30, 2013 900,000.00
Mar 31, 2013 7.66 Mn
Dec 31, 2012 8.34 Mn
Sep 30, 2012 9.31 Mn
Jun 30, 2012 9.63 Mn
Mar 31, 2012 8.67 Mn
Dec 31, 2011 8.54 Mn
Sep 30, 2011 8.96 Mn
Jun 30, 2011 9.43 Mn
Mar 31, 2011 10.58 Mn
Dec 31, 2010 11.20 Mn
Sep 30, 2010 10.85 Mn
Jun 30, 2010 10.32 Mn