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Mercantile Bank (MBWM) Profit After Tax: 2011-2025

Historic Profit After Tax for Mercantile Bank (MBWM) over the last 14 years, with Sep 2025 value amounting to $23.8 million.

  • Mercantile Bank's Profit After Tax rose 21.10% to $23.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $85.5 million, marking a year-over-year increase of 6.93%. This contributed to the annual value of $79.6 million for FY2024, which is 3.19% down from last year.
  • According to the latest figures from Q3 2025, Mercantile Bank's Profit After Tax is $23.8 million, which was up 5.04% from $22.6 million recorded in Q2 2025.
  • Over the past 5 years, Mercantile Bank's Profit After Tax peaked at $23.8 million during Q3 2025, and registered a low of $11.5 million during Q1 2022.
  • Over the past 3 years, Mercantile Bank's median Profit After Tax value was $20.4 million (recorded in 2023), while the average stood at $20.7 million.
  • Per our database at Business Quant, Mercantile Bank's Profit After Tax surged by 107.99% in 2021 and then slumped by 35.12% in 2022.
  • Quarterly analysis of 5 years shows Mercantile Bank's Profit After Tax stood at $11.6 million in 2021, then spiked by 87.33% to $21.8 million in 2022, then dropped by 8.13% to $20.0 million in 2023, then dropped by 2.02% to $19.6 million in 2024, then climbed by 21.10% to $23.8 million in 2025.
  • Its Profit After Tax stands at $23.8 million for Q3 2025, versus $22.6 million for Q2 2025 and $19.5 million for Q1 2025.