Mercantile Bank (MBWM) Other Operating Expenses (2010 - 2026)
Mercantile Bank (MBWM) posted Other Operating Expenses of $35.0 million for Q1 2026, up 18.65% on a QoQ basis from $29.5 million in Q4 2025, and up 38.65% year-over-year from $25.2 million in Q1 2025.
Mercantile Bank (MBWM) Other Operating Expenses (2010 - 2026) Analysis & Trends
Mercantile Bank's Other Operating Expenses history runs 17 years deep, the most recent figure standing at $35.0 million for Q1 2026.
- Quarterly Other Operating Expenses rose 38.65% year-over-year to $35.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $120.1 million (up 15.26% YoY) and the FY2025 annual result came in at $110.4 million, up 6.76% from the prior year.
- Other Operating Expenses was $35.0 million for Q1 2026 at Mercantile Bank, up from $29.5 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $35.0 million in Q1 2026 and bottomed at -$391000.0 in Q4 2023.
- A 5-year average of $19.7 million and a median of $24.2 million in 2024 frame the typical range for Other Operating Expenses.
- Annual changes were most pronounced in 2023 — Other Operating Expenses sank 731.91% — and 2024, when it soared 7309.21%.
- Mercantile Bank's Other Operating Expenses stood at -$47000.0 in 2022, then slumped by 731.91% to -$391000.0 in 2023, then surged by 7309.21% to $28.2 million in 2024, then advanced by 4.53% to $29.5 million in 2025, then increased by 18.65% to $35.0 million in 2026.
- Business Quant data shows MBWM's Other Operating Expenses at $35.0 million in Q1 2026, $29.5 million in Q4 2025, and $28.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - |
| 10 | Mercantile Bank | 985.63 Mn | 406.32 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2019 | 18.98 Mn |