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
Download Data| Date | Value |
|---|---|
| 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 |