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

Mercantile Bank has reported Profit After Tax for 17 years, with the latest figure at $22.7 million in Q1 2026.

• For the quarter ending Q1 2026, Profit After Tax rose 16.11% year-over-year to $22.7 million; the trailing twelve-month figure through Mar 2026 stood at $91.9 million (up 18.48% YoY), and the FY2025 full-year result was $88.8 million, up 11.51% from the prior year.
• Profit After Tax for Q1 2026 stood at $22.7 million, down from $22.8 million in the prior quarter.
• The five-year high for Profit After Tax was $23.8 million in Q3 2025, with the low at $11.5 million in Q1 2022.
• Historically, Profit After Tax has averaged $19.7 million across 5 years, with a median of $20.4 million in 2023.
• The largest YoY upside for Profit After Tax was 87.33% in 2022 against a maximum downside of 35.12% in 2022.
• Mercantile Bank's Profit After Tax 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 slipped by 0.68% to $22.7 million in 2026.
• The last three Profit After Tax figures came in at $22.7 million (Q1 2026), $22.8 million (Q4 2025), and $23.8 million (Q3 2025), per Business Quant data.