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Mercantile Bank (MBWM) Retained Earnings: 2012-2024

Historic Retained Earnings for Mercantile Bank (MBWM) over the last 11 years, with Dec 2024 value amounting to $334.6 million.

  • Mercantile Bank's Retained Earnings rose 19.32% 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 19.32%. This contributed to the annual value of $334.6 million for FY2024, which is 20.58% up from last year.
  • Mercantile Bank's Retained Earnings amounted to $334.6 million in FY2024, which was up 20.58% from $277.5 million recorded in FY2023.
  • Mercantile Bank's 5-year Retained Earnings high stood at $334.6 million for FY2024, and its period low was $134.0 million during FY2020.
  • For the 3-year period, Mercantile Bank's Retained Earnings averaged around $276.2 million, with its median value being $277.5 million (2023).
  • Data for Mercantile Bank's Retained Earnings shows a peak YoY soared of 30.21% (in 2021) over the last 5 years.
  • Mercantile Bank's Retained Earnings (Yearly) stood at $134.0 million in 2020, then skyrocketed by 30.21% to $174.5 million in 2021, then climbed by 23.94% to $216.3 million in 2022, then rose by 28.30% to $277.5 million in 2023, then climbed by 20.58% to $334.6 million in 2024.