Mercantile Bank (MBWM) Other Operating Expenses (2010 - 2026)
Mercantile Bank's Other Operating Expenses came in at $5.41 million for Q2 2026, down 11.2% from $6.09 million a year earlier and down 17.3% from the prior quarter.
Mercantile Bank (MBWM) Other Operating Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mercantile Bank reported Other Operating Expenses of $19.37 million, up 13.1% year-over-year; for FY2025, it was $18.36 million, up 15.3% from FY2024.
- Other Operating Expenses carries a five-year compound annual growth rate of 4.8% (FY2020 to FY2025).
- Going back by year, Other Operating Expenses was $15.93 million in FY2024 (-10.4%), $17.77 million in FY2023 (+24.0%), $14.32 million in FY2022 (-1.6%) and $14.56 million in FY2021 (unchanged).
- The five-year range for quarterly Other Operating Expenses is $678,000 (Q4 2024) to $6.54 million (Q1 2026).
- Year-over-year, Other Operating Expenses increased in six of the last eight quarters, with growth averaging 17.5%.
- The fastest year-over-year change in Other Operating Expenses over five years came in Q4 2025 (growth of 134.7%), and the weakest in Q4 2024 (a decline of 55.9%).
- Business Quant data shows MBWM's Other Operating Expenses at $6.54 million (Q1 2026), $1.59 million (Q4 2025) and $5.84 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | Mercantile Bank | 1.01 Bn | 1.01 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.41 Mn |
| Mar 31, 2026 | 6.54 Mn |
| Dec 31, 2025 | 1.59 Mn |
| Sep 30, 2025 | 5.84 Mn |
| Jun 30, 2025 | 6.09 Mn |
| Mar 31, 2025 | 4.87 Mn |
| Dec 31, 2024 | 678,000.00 |
| Sep 30, 2024 | 5.49 Mn |
| Jun 30, 2024 | 5.26 Mn |
| Mar 31, 2024 | 4.50 Mn |
| Dec 31, 2023 | 1.54 Mn |
| Sep 30, 2023 | 5.09 Mn |
| Jun 30, 2023 | 5.51 Mn |
| Mar 31, 2023 | 5.63 Mn |
| Dec 31, 2022 | 1.38 Mn |
| Sep 30, 2022 | 4.03 Mn |
| Jun 30, 2022 | 4.66 Mn |
| Mar 31, 2022 | 4.22 Mn |
| Dec 31, 2021 | 1.17 Mn |
| Sep 30, 2021 | 4.53 Mn |
Mercantile Bank Other Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=MBWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();