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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalNet MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Mercantile Bank (MBWM) Times Interest Earned (2016 - 2025)

Mercantile Bank's Times Interest Earned history spans 10 years, with the latest figure at $1.83 for Q4 2025.

  • For Q4 2025, Times Interest Earned rose 9.11% year-over-year to $1.83; the TTM value through Dec 2025 reached $1.8, up 2.72%, while the annual FY2025 figure was $0.17, 6.33% up from the prior year.
  • Times Interest Earned reached $1.83 in Q4 2025 per MBWM's latest filing, up from $1.82 in the prior quarter.
  • In the past five years, Times Interest Earned ranged from a high of $5.56 in Q2 2021 to a low of $1.68 in Q4 2024.
  • Average Times Interest Earned over 5 years is $2.99, with a median of $2.28 recorded in 2023.
  • Peak YoY movement for Times Interest Earned: surged 111.32% in 2021, then plummeted 55.76% in 2023.
  • A 5-year view of Times Interest Earned shows it stood at $4.37 in 2021, then grew by 3.51% to $4.53 in 2022, then tumbled by 55.76% to $2.0 in 2023, then fell by 16.06% to $1.68 in 2024, then rose by 9.11% to $1.83 in 2025.
  • Per Business Quant, the three most recent readings for MBWM's Times Interest Earned are $1.83 (Q4 2025), $1.82 (Q3 2025), and $1.8 (Q2 2025).