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

Mercantile Bank has reported Other Operating Expenses for 17 years, with the latest figure 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.
• The five-year high for Other Operating Expenses was $28.6 million in Q4 2025, with the low at $19.7 million in Q1 2022.
• Historically, Other Operating Expenses has averaged $24.1 million across 5 years, with a median of $23.3 million in 2024.
• The largest YoY upside for Other Operating Expenses was 15.62% in 2025 against a maximum downside of 6.51% in 2025.
• Mercantile Bank's Other Operating Expenses stood at $19.7 million in 2022, then climbed by 21.7% to $24.0 million in 2023, then climbed by 13.53% to $27.3 million in 2024, then advanced by 4.78% to $28.6 million in 2025, then decreased 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.