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Mercantile Bank (MBWM) Times Interest Earned: 2011-2025

Historic Times Interest Earned for Mercantile Bank (MBWM) over the last 14 years, with Sep 2025 value amounting to $1.82.

  • Mercantile Bank's Times Interest Earned rose 6.85% to $1.82 in Q3 2025 from the same period last year, while for Sep 2025 it was $1.76, marking a year-over-year decrease of 3.46%. This contributed to the annual value of $0.16 for FY2024, which is 42.90% down from last year.
  • Mercantile Bank's Times Interest Earned amounted to $1.82 in Q3 2025, which was up 0.91% from $1.80 recorded in Q2 2025.
  • Mercantile Bank's 5-year Times Interest Earned high stood at $5.56 for Q2 2021, and its period low was $1.68 during Q4 2024.
  • In the last 3 years, Mercantile Bank's Times Interest Earned had a median value of $1.82 in 2025 and averaged $2.01.
  • Per our database at Business Quant, Mercantile Bank's Times Interest Earned spiked by 111.32% in 2021 and then plummeted by 55.76% in 2023.
  • Mercantile Bank's Times Interest Earned (Quarterly) stood at $4.37 in 2021, then rose by 3.51% to $4.53 in 2022, then slumped by 55.76% to $2.00 in 2023, then dropped by 16.06% to $1.68 in 2024, then grew by 6.85% to $1.82 in 2025.
  • Its Times Interest Earned was $1.82 in Q3 2025, compared to $1.80 in Q2 2025 and $1.76 in Q1 2025.