Mercantile Bank (MBWM) Other Operating Expenses: 2011-2025
Historic Other Operating Expenses for Mercantile Bank (MBWM) over the last 14 years, with Sep 2025 value amounting to $27.2 million.
- Mercantile Bank's Other Operating Expenses rose 5.62% to $27.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $105.7 million, marking a year-over-year increase of 9.66%. This contributed to the annual value of $99.7 million for FY2024, which is 9.45% up from last year.
- As of Q3 2025, Mercantile Bank's Other Operating Expenses stood at $27.2 million, which was up 1.61% from $26.8 million recorded in Q2 2025.
- In the past 5 years, Mercantile Bank's Other Operating Expenses registered a high of $27.4 million during Q4 2021, and its lowest value of $19.6 million during Q1 2021.
- Moreover, its 3-year median value for Other Operating Expenses was $24.0 million (2023), whereas its average is $24.5 million.
- Per our database at Business Quant, Mercantile Bank's Other Operating Expenses spiked by 33.96% in 2021 and then fell by 18.36% in 2022.
- Quarterly analysis of 5 years shows Mercantile Bank's Other Operating Expenses stood at $27.4 million in 2021, then dropped by 18.36% to $22.4 million in 2022, then climbed by 7.43% to $24.0 million in 2023, then rose by 13.53% to $27.3 million in 2024, then rose by 5.62% to $27.2 million in 2025.
- Its Other Operating Expenses was $27.2 million in Q3 2025, compared to $26.8 million in Q2 2025 and $24.4 million in Q1 2025.