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
DateValue
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