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.
- As of Q3 2025, Mercantile Bank's Retained Earnings stood at $382.7 million, which was up 1931.8% from $365.0 million recorded in Q2 2025.
- Mercantile Bank's Retained Earnings' 5-year high stood at $382.7 million during Q3 2025, with a 5-year trough of $143.6 million in Q1 2021.
- Its 5-year average for Retained Earnings is $252.6 million, with a median of $247.3 million in 2023.
- Per our database at Business Quant, Mercantile Bank's Retained Earnings soared by 3462.41% in 2021 and then soared by 1864.29% in 2025.
- Quarter analysis of 5 years shows Mercantile Bank's Retained Earnings stood at $174.5 million in 2021, then grew by 23.94% to $216.3 million in 2022, then grew by 28.3% to $277.5 million in 2023, then rose by 20.58% to $334.6 million in 2024, then grew by 14.35% to $382.7 million in 2025.
- Its Retained Earnings was $382.7 million in Q3 2025, compared to $365.0 million in Q2 2025 and $348.3 million in Q1 2025.