Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Amortization - IntangiblesConsolidated Net IncomeDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Income from Continuing OperationsIncome towards Parent CompanyInterest Expense - DebtInterest Expense - DepositsInterest ExpensesInterest ExpensesInterest Income - Debt SecuritiesInterest Income - DepositsInterest Income - NetInterest Income - TotalInterest Income - TotalInterest income - LoansInvestment Banking IncomeMortgage BankingNet Income towards Common StockholdersNon-Interest IncomeOperating ExpensesOther Non-Interest IncomeOther Operating ExpensesProfit After TaxProvisionsRent ExpenseResearch & DevelopmentRestructuring CostsRevenueShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax RateWages, Salaries and Other
Others
Ratios

Mercantile Bank (MBWM) Profit After Tax (2016 - 2026)

Mercantile Bank (MBWM) has disclosed Profit After Tax for 11 consecutive years, with $22.7 million as the latest value for Q1 2026.

  • For Q1 2026, Profit After Tax rose 16.11% year-over-year to $22.7 million; the TTM value through Mar 2026 reached $91.9 million, up 18.48%, while the annual FY2025 figure was $88.8 million, 11.51% up from the prior year.
  • Profit After Tax hit $22.7 million in Q1 2026 for Mercantile Bank, down from $22.8 million in the prior quarter.
  • Across five years, Profit After Tax topped out at $23.8 million in Q3 2025 and bottomed at $11.5 million in Q1 2022.
  • Average Profit After Tax over 5 years is $19.7 million, with a median of $20.4 million recorded in 2023.
  • On a YoY basis, Profit After Tax climbed as much as 87.33% in 2022 and fell as far as 35.12% in 2022.
  • Mercantile Bank's Profit After Tax stood at $21.8 million in 2022, then fell by 8.13% to $20.0 million in 2023, then decreased by 2.02% to $19.6 million in 2024, then rose by 16.38% to $22.8 million in 2025, then decreased by 0.68% to $22.7 million in 2026.
  • According to Business Quant data, Profit After Tax over the past three periods came in at $22.7 million, $22.8 million, and $23.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.