Mercantile Bank (MBWM) Times Interest Earned (2010 - 2026)

Mercantile Bank has reported Times Interest Earned for 17 years, with the latest figure at $1.92 in Q1 2026.

• For the quarter ending Q1 2026, Times Interest Earned rose 9.54% year-over-year to $1.92; the trailing twelve-month figure through Mar 2026 stood at $1.84 (up 7.19% YoY), and the FY2025 full-year result was $0.17, up 6.33% from the prior year.
• Times Interest Earned for Q1 2026 stood at $1.92, up from $1.83 in the prior quarter.
• The five-year high for Times Interest Earned was $4.53 in Q4 2022, with the low at $1.68 in Q4 2024.
• Historically, Times Interest Earned has averaged $2.5 across 5 years, with a median of $1.92 in 2026.
• Annual changes were most pronounced in 2023 — Times Interest Earned slumped 55.76% — and 2026, when it gained 9.54%.
• Mercantile Bank's Times Interest Earned stood at $4.53 in 2022, then tumbled by 55.76% to $2.0 in 2023, then retreated by 16.06% to $1.68 in 2024, then grew by 9.11% to $1.83 in 2025, then gained by 4.92% to $1.92 in 2026.
• The last three Times Interest Earned figures came in at $1.92 (Q1 2026), $1.83 (Q4 2025), and $1.82 (Q3 2025), per Business Quant data.