Mercantile Bank (MBWM) Revenue: 2009-2024
Historic Revenue for Mercantile Bank (MBWM) over the last 16 years, with Dec 2024 value amounting to $8.8 million.
- Mercantile Bank's Revenue rose 5.05% to $2.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $9.1 million, marking a year-over-year increase of 2.92%. This contributed to the annual value of $8.8 million for FY2024, which is 1.04% down from last year.
- Latest data reveals that Mercantile Bank reported Revenue of $8.8 million as of FY2024, which was down 1.04% from $8.9 million recorded in FY2023.
- Mercantile Bank's Revenue's 5-year high stood at $8.9 million during FY2023, with a 5-year trough of $6.0 million in FY2020.
- Moreover, its 3-year median value for Revenue was $8.8 million (2024), whereas its average is $8.7 million.
- As far as peak fluctuations go, Mercantile Bank's Revenue increased by 25.83% in 2021, and later dropped by 1.04% in 2024.
- Over the past 5 years, Mercantile Bank's Revenue (Yearly) stood at $6.0 million in 2020, then increased by 25.83% to $7.5 million in 2021, then climbed by 9.31% to $8.2 million in 2022, then grew by 8.50% to $8.9 million in 2023, then fell by 1.04% to $8.8 million in 2024.