Mercantile Bank (MBWM) Retained Earnings (2016 - 2025)
Historic Retained Earnings for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $382.7 million.
- Mercantile Bank's Retained Earnings rose 1931.8% to $382.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $382.7 million, marking a year-over-year increase of 1931.8%. This contributed to the annual value of $334.6 million for FY2024, which is 2058.19% up from last year.
- Mercantile Bank's Retained Earnings amounted to $382.7 million in Q3 2025, which was up 1931.8% from $365.0 million recorded in Q2 2025.
- In the past 5 years, Mercantile Bank's Retained Earnings ranged from a high of $382.7 million in Q3 2025 and a low of $143.6 million during Q1 2021
- Moreover, its 5-year median value for Retained Earnings was $247.3 million (2023), whereas its average is $252.6 million.
- Per our database at Business Quant, Mercantile Bank's Retained Earnings surged by 3462.41% in 2021 and then surged by 1864.29% in 2025.
- Mercantile Bank's Retained Earnings (Quarter) stood at $174.5 million in 2021, then rose by 23.94% to $216.3 million in 2022, then rose by 28.3% to $277.5 million in 2023, then increased by 20.58% to $334.6 million in 2024, then rose by 14.35% to $382.7 million in 2025.
- Its Retained Earnings stands at $382.7 million for Q3 2025, versus $365.0 million for Q2 2025 and $348.3 million for Q1 2025.