Mercantile Bank (MBWM) Profit After Tax (2010 - 2026)

Mercantile Bank has reported Profit After Tax for 17 years, with the latest figure at $25.9 million in Q2 2026.

• Profit After Tax for Q2 2026 came in at $25.9 million, up 14.63% year-over-year; the trailing twelve-month figure through Jun 2026 was $95.2 million (up 16.97% YoY), and the FY2025 annual result was $88.8 million, up 11.51% from the prior year.
• Profit After Tax advanced to $25.9 million in Q2 2026, from $22.7 million in the prior quarter.
• Over five years, Profit After Tax peaked at $25.9 million in Q2 2026 and troughed at $11.5 million in Q1 2022.
• A 5-year average of $20.0 million and a median of $20.6 million in 2023 frame the typical range for Profit After Tax.
• The largest YoY upside for Profit After Tax was 87.33% in 2022 against a maximum downside of 35.12% in 2022.
• A 5-year view of Profit After Tax shows it stood at $21.8 million in 2022, then retreated by 8.13% to $20.0 million in 2023, then fell by 2.02% to $19.6 million in 2024, then gained by 16.38% to $22.8 million in 2025, then gained by 13.52% to $25.9 million in 2026.
• Per Business Quant data, the three most recent Profit After Tax figures were $25.9 million in Q2 2026, $22.7 million in Q1 2026, and $22.8 million in Q4 2025.