Mercantile Bank (MBWM) Income Statement (2010 - 2026)
Income Statement report data from Jun 30, 2010 to Mar 31, 2026 for Mercantile Bank (MBWM).
All data is split-adjusted. You can find the most accurate data from the reports on the SEC official website. We recommend verify information using official company filings before making investment decisions.
Reported currency: USD
| Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | Sep 30, 2010 | Jun 30, 2010 | |
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Revenue and COGS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Revenue | 85M (+3.85%) | 82M (-3.95%) | 86M (+4.49%) | 82M (+2.02%) | 80M (-2.61%) | 82M (-1.10%) | 83M (+5.74%) | 79M (+2.82%) | 77M (+3.96%) | 74M (+3.72%) | 71M (+7.93%) | 66M (+8.98%) | 60M (+3.79%) | 58M (+21.09%) | 48M (+21.69%) | 40M (+10.23%) | 36M (-3.16%) | 37M (+3.23%) | 36M (+0.34%) | 36M (+2.85%) | 35M (-7.55%) | 38M (+5.70%) | 36M (-4.22%) | 37M (-2.03%) | 38M (-4.14%) | 40M (-1.86%) | 40M (+1.26%) | 40M (+3.05%) | 39M (+3.87%) | 37M (+4.82%) | 35M (+3.41%) | 34M (-1.89%) | 35M (+6.32%) | 33M (-0.39%) | 33M (+6.89%) | 31M (+7.67%) | 29M (-3.43%) | 30M (+0.03%) | 30M (-1.46%) | 30M (+4.36%) | 29M (+1.08%) | 29M (+0.28%) | 29M (+3.04%) | 28M (+0.25%) | 28M (-1.99%) | 28M (-2.60%) | 29M (+56.39%) | 18M (+35.98%) | 14M (-11.58%) | 15M (+4.77%) | 15M (+4.86%) | 14M (-1.55%) | 14M (-3.14%) | 15M (-0.68%) | 15M (-1.07%) | 15M (-3.99%) | 16M (-5.24%) | 16M (-3.70%) | 17M (-7.69%) | 18M (-3.65%) | 19M (-11.83%) | 22M (-4.27%) | 23M |
Operating Expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Depreciation And Amortization | 1.50M (+15.38%) | 1.30M (0.00%) | 1.30M (0.00%) | 1.30M (0.00%) | 1.30M (-7.14%) | 1.40M (-6.67%) | 1.50M (0.00%) | 1.50M (-6.25%) | 1.60M (0.00%) | 1.60M (+6.67%) | 1.50M (+7.14%) | 1.40M (-6.67%) | 1.50M (+7.14%) | 1.40M (-6.67%) | 1.50M (0.00%) | 1.50M (-6.25%) | 1.60M (+6.67%) | 1.50M (0.00%) | 1.50M (+7.14%) | 1.40M (0.00%) | 1.40M (+7.69%) | 1.30M (0.00%) | 1.30M (0.00%) | 1.30M (0.00%) | 1.30M (+8.33%) | 1.20M (+33.33%) | 900K (0.00%) | 900K (0.00%) | 900K (-10.00%) | 1.00M (+11.11%) | 900K (0.00%) | 900K (+12.50%) | 800K (+14.29%) | 700K (-12.50%) | 800K (0.00%) | 800K (+14.29%) | 700K (-12.50%) | 800K (+14.29%) | 700K (0.00%) | 700K (0.00%) | 700K (0.00%) | 700K (0.00%) | 700K (-12.50%) | 800K (0.00%) | 800K (0.00%) | 800K (+14.29%) | 700K (+40.00%) | 500K (+66.67%) | 300K (-25.00%) | 400K (+33.33%) | 300K (0.00%) | 300K (0.00%) | 300K (-25.00%) | 400K (+33.33%) | 300K (-25.00%) | 400K (0.00%) | 400K (-50.00%) | 800K (+100.00%) | 400K (0.00%) | 400K | - | - | - |
Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ebit | 27M (+4.72%) | 26M (-5.07%) | 27M (+5.70%) | 26M (+7.94%) | 24M | -6.13M | 25M (+4.42%) | 24M (-58.26%) | 56M (+11.89%) | 50M (+4.52%) | 48M (+10.18%) | 44M (+14.36%) | 38M (+10.87%) | 34M (+34.05%) | 26M (+29.62%) | 20M (+2.74%) | 19M (-2.08%) | 20M (-15.50%) | 23M (-14.28%) | 27M (+19.32%) | 23M (-2.89%) | 24M (+21.94%) | 19M (+11.25%) | 17M (-16.64%) | 21M (-14.23%) | 24M (-0.12%) | 24M (+4.75%) | 23M (+2.57%) | 23M (+9.61%) | 21M (+13.62%) | 18M (+8.23%) | 17M (-8.01%) | 18M (+7.43%) | 17M (+3.23%) | 16M (+14.81%) | 14M (+0.92%) | 14M (-7.50%) | 15M (+4.07%) | 15M (+5.82%) | 14M (-10.25%) | 16M (-26.87%) | 21M (+107.74%) | 10M (+11.22%) | 9.18M (-2.24%) | 9.39M (-45.22%) | 17M (+93.45%) | 8.86M (+99.55%) | 4.44M (-27.21%) | 6.10M (-61.71%) | 16M (+159.87%) | 6.13M (-8.51%) | 6.70M (-6.42%) | 7.16M (-38.33%) | 12M (+100.17%) | 5.80M (-21.73%) | 7.41M (+12.96%) | 6.56M (-6.69%) | 7.03M (-9.52%) | 7.77M (-3.12%) | 8.02M (+12.48%) | 7.13M (+192.21%) | 2.44M (-69.15%) | 7.91M |
EBITDA | 29M (+5.23%) | 27M (-4.84%) | 29M (+5.43%) | 27M (+7.53%) | 25M | -4.73M | 26M (+4.16%) | 25M (-56.82%) | 58M (+11.53%) | 52M (+4.59%) | 50M (+10.08%) | 45M (+13.56%) | 40M (+10.73%) | 36M (+31.80%) | 27M (+27.54%) | 21M (+2.06%) | 21M (-1.46%) | 21M (-14.57%) | 25M (-13.23%) | 29M (+18.20%) | 24M (-2.34%) | 25M (+20.55%) | 21M (+10.47%) | 19M (-15.66%) | 22M (-13.17%) | 25M (+1.07%) | 25M (+4.57%) | 24M (+2.47%) | 23M (+8.70%) | 22M (+13.50%) | 19M (+7.81%) | 18M (-7.15%) | 19M (+7.70%) | 18M (+2.50%) | 17M (+14.03%) | 15M (+1.55%) | 15M (-7.75%) | 16M (+4.54%) | 15M (+5.54%) | 15M (-9.81%) | 16M (-26.02%) | 22M (+100.82%) | 11M (+9.32%) | 9.98M (-2.06%) | 10M (-43.20%) | 18M (+87.66%) | 9.56M (+93.52%) | 4.94M (-22.81%) | 6.40M (-60.81%) | 16M (+153.97%) | 6.43M (-8.14%) | 7.00M (-6.17%) | 7.46M (-37.89%) | 12M (+96.89%) | 6.10M (-21.90%) | 7.81M (+12.21%) | 6.96M (-11.11%) | 7.83M (-4.16%) | 8.17M (-2.97%) | 8.42M (+18.09%) | 7.13M (+192.21%) | 2.44M (-69.15%) | 7.91M |
Other Income / Expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Interest Expense | - | - | - | - | - | -29.36M | - | - | 29M (+16.74%) | 25M (+13.34%) | 22M (+20.79%) | 18M (+51.82%) | 12M (+58.79%) | 7.62M (+32.52%) | 5.75M (+10.15%) | 5.22M (+4.40%) | 5.00M (+10.86%) | 4.51M (-5.25%) | 4.76M (-2.86%) | 4.90M (-6.67%) | 5.25M (-9.01%) | 5.77M (-5.25%) | 6.09M (-7.59%) | 6.59M (-13.52%) | 7.62M (-9.29%) | 8.40M (-3.56%) | 8.71M (+0.11%) | 8.70M (+8.89%) | 7.99M (+25.24%) | 6.38M (+12.92%) | 5.65M (+11.00%) | 5.09M (+6.49%) | 4.78M (+6.22%) | 4.50M (+2.51%) | 4.39M (+18.33%) | 3.71M (+15.94%) | 3.20M (-2.44%) | 3.28M (+0.61%) | 3.26M (+6.89%) | 3.05M (+1.33%) | 3.01M (+3.08%) | 2.92M (+1.39%) | 2.88M (+9.92%) | 2.62M (-4.38%) | 2.74M (-8.05%) | 2.98M (+2.41%) | 2.91M (-0.68%) | 2.93M (+16.27%) | 2.52M (-5.97%) | 2.68M (+0.37%) | 2.67M (-0.37%) | 2.68M (-2.90%) | 2.76M (-5.80%) | 2.93M (-7.86%) | 3.18M (-7.02%) | 3.42M (-7.07%) | 3.68M (-9.58%) | 4.07M (-14.32%) | 4.75M (-10.38%) | 5.30M (-7.18%) | 5.71M (-26.79%) | 7.80M (-5.80%) | 8.28M |
Net Interest Income | - | - | - | - | - | 29M | - | - | -29.36M (+16.74%) | -25.15M (+13.34%) | -22.19M (+20.79%) | -18.37M (+51.82%) | -12.10M (+58.79%) | -7.62M (+32.52%) | -5.75M (+10.15%) | -5.22M (+4.40%) | -5.00M (+10.86%) | -4.51M (-5.25%) | -4.76M (-2.86%) | -4.90M (-6.67%) | -5.25M (-9.01%) | -5.77M (-5.10%) | -6.08M (-7.74%) | -6.59M (-13.52%) | -7.62M (-9.29%) | -8.40M (-3.56%) | -8.71M (+0.11%) | -8.70M (+8.89%) | -7.99M (+25.24%) | -6.38M (+12.92%) | -5.65M (+11.00%) | -5.09M (+6.49%) | -4.78M (+6.22%) | -4.50M (+2.51%) | -4.39M (+18.33%) | -3.71M (+16.30%) | -3.19M (-2.74%) | -3.28M (+0.61%) | -3.26M (+6.89%) | -3.05M (+1.33%) | -3.01M (+3.08%) | -2.92M (+1.39%) | -2.88M (+9.92%) | -2.62M (-4.38%) | -2.74M (-8.05%) | -2.98M (+2.41%) | -2.91M (-0.68%) | -2.93M (+16.27%) | -2.52M (-5.97%) | -2.68M (+0.37%) | -2.67M (-0.37%) | -2.68M (-2.55%) | -2.75M (-6.14%) | -2.93M (-7.86%) | -3.18M (-7.02%) | -3.42M (-7.07%) | -3.68M (-9.58%) | -4.07M (-14.32%) | -4.75M (-10.38%) | -5.30M (-7.18%) | -5.71M (-26.79%) | -7.80M (-5.68%) | -8.27M |
Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income Before Tax | 27M (+4.72%) | 26M (-5.07%) | 27M (+5.70%) | 26M (+7.94%) | 24M (+3.53%) | 23M (-5.42%) | 25M (+4.42%) | 24M (-12.86%) | 27M (+7.06%) | 25M (-3.00%) | 26M (+2.44%) | 25M (-2.95%) | 26M (-2.72%) | 27M (+34.55%) | 20M (+36.50%) | 15M (+2.16%) | 14M (-5.91%) | 15M (-18.08%) | 19M (-16.83%) | 22M (+27.08%) | 18M (-57.80%) | 42M (+215.85%) | 13M | - | - | 60M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Income Tax Expense | 4.60M (+43.30%) | 3.21M (-12.77%) | 3.68M (+10.18%) | 3.34M (-25.94%) | 4.51M (+25.28%) | 3.60M (-27.13%) | 4.94M (+4.44%) | 4.73M (-12.73%) | 5.42M (+4.63%) | 5.18M (+0.97%) | 5.13M (+2.40%) | 5.01M (-2.91%) | 5.16M (+1.78%) | 5.07M (+28.68%) | 3.94M (+36.33%) | 2.89M (+2.12%) | 2.83M (-20.95%) | 3.58M (+1.42%) | 3.53M (-16.75%) | 4.24M (+26.95%) | 3.34M (-8.74%) | 3.66M (+45.82%) | 2.51M (+23.04%) | 2.04M (-18.40%) | 2.50M (-1.19%) | 2.53M (-14.24%) | 2.95M (+7.27%) | 2.75M (-0.72%) | 2.77M (+4.14%) | 2.66M (+11.76%) | 2.38M (+7.21%) | 2.22M (-12.94%) | 2.55M (-43.08%) | 4.48M (+21.08%) | 3.70M (+13.50%) | 3.26M (-3.26%) | 3.37M (-14.90%) | 3.96M (+9.09%) | 3.63M (+5.52%) | 3.44M (-12.91%) | 3.95M (-66.55%) | 12M | - | - | - | 7.87M | - | - | - | 8.09M | - | - | - | 5.64M | - | - | - | -27.36M | - | - | - | - | - |
Net Income From Continuing Operations | 23M (-0.66%) | 23M (-3.87%) | 24M (+5.04%) | 23M (+15.76%) | 20M (-0.46%) | 20M (+0.05%) | 20M (+4.42%) | 19M (-12.85%) | 22M (+7.64%) | 20M (-3.98%) | 21M (+2.46%) | 20M (-2.91%) | 21M (-3.81%) | 22M (+36.00%) | 16M (+36.54%) | 12M (+2.18%) | 11M (-1.29%) | 12M (-22.66%) | 15M (-16.80%) | 18M (+27.04%) | 14M (+1.14%) | 14M (+31.71%) | 11M (+22.87%) | 8.70M (-18.46%) | 11M (-19.89%) | 13M (+5.71%) | 13M (+7.51%) | 12M (-0.85%) | 12M (+2.16%) | 12M (+14.33%) | 10M (+7.09%) | 9.45M (-13.14%) | 11M (+36.34%) | 7.98M (-4.32%) | 8.34M (+13.62%) | 7.34M (-3.67%) | 7.62M (-5.81%) | 8.09M (+3.06%) | 7.85M (+5.65%) | 7.43M (-13.10%) | 8.55M (+31.94%) | 6.48M (-11.72%) | 7.34M (+11.89%) | 6.56M (-1.35%) | 6.65M (+5.56%) | 6.30M (+5.88%) | 5.95M (+294.04%) | 1.51M (-57.82%) | 3.58M (-30.62%) | 5.16M (+49.57%) | 3.45M (-14.18%) | 4.02M (-8.64%) | 4.40M (+44.26%) | 3.05M (+16.41%) | 2.62M (-34.34%) | 3.99M (+38.54%) | 2.88M (-90.50%) | 30M (+903.97%) | 3.02M (+11.03%) | 2.72M (+91.55%) | 1.42M | -5.36M (+1388.89%) | -360.00K |
Net Income | 23M (-0.66%) | 23M (-3.87%) | 24M (+5.04%) | 23M (+15.76%) | 20M (-0.46%) | 20M (+0.05%) | 20M (+4.42%) | 19M (-12.85%) | 22M (+7.64%) | 20M (-3.98%) | 21M (+2.46%) | 20M (-2.91%) | 21M (-3.81%) | 22M (+36.00%) | 16M (+36.54%) | 12M (+2.18%) | 11M (-1.29%) | 12M (-22.66%) | 15M (-16.80%) | 18M (+27.04%) | 14M (+1.14%) | 14M (+31.71%) | 11M (+22.87%) | 8.70M (-18.46%) | 11M (-19.89%) | 13M (+5.71%) | 13M (+7.51%) | 12M (-0.85%) | 12M (+2.16%) | 12M (+14.33%) | 10M (+7.09%) | 9.45M (-13.14%) | 11M (+36.34%) | 7.98M (-4.32%) | 8.34M (+13.62%) | 7.34M (-3.67%) | 7.62M (-5.81%) | 8.09M (+3.06%) | 7.85M (+5.65%) | 7.43M (-13.10%) | 8.55M (+31.94%) | 6.48M (-11.72%) | 7.34M (+11.89%) | 6.56M (-1.35%) | 6.65M (+5.56%) | 6.30M (+5.88%) | 5.95M (+294.04%) | 1.51M (-57.82%) | 3.58M (-30.62%) | 5.16M (+49.57%) | 3.45M (-14.18%) | 4.02M (-8.64%) | 4.40M (+44.26%) | 3.05M (+16.41%) | 2.62M (-34.34%) | 3.99M (+38.54%) | 2.88M (-90.50%) | 30M (+903.97%) | 3.02M (+11.03%) | 2.72M (+91.55%) | 1.42M | -5.36M (+1388.89%) | -360.00K |
Comprehensive Income Net Of Tax | 17M (-84.74%) | 115M (+269.49%) | 31M (+12.68%) | 28M (-4.11%) | 29M (-64.24%) | 80M (+118.39%) | 37M (+98.43%) | 19M (-2.88%) | 19M (-80.35%) | 97M (+1005.58%) | 8.78M (-41.89%) | 15M (-49.72%) | 30M | -550.00K (-93.72%) | -8.76M (+116.83%) | -4.04M (-75.76%) | -16.67M | 50M (+275.92%) | 13M (-37.94%) | 21M (+205.00%) | 7.00M (-84.76%) | 46M (+352.51%) | 10M (+1.60%) | 9.99M (-15.12%) | 12M (-80.83%) | 61M (+337.56%) | 14M (-27.19%) | 19M (+25.62%) | 15M (-60.31%) | 39M (+405.23%) | 7.65M (-15.56%) | 9.06M (+72.90%) | 5.24M (-84.03%) | 33M (+340.54%) | 7.45M (-34.65%) | 11M (+37.68%) | 8.28M (-66.97%) | 25M (+260.72%) | 6.95M (-8.91%) | 7.63M (-21.98%) | 9.78M (-65.41%) | 28M (+251.62%) | 8.04M (+65.43%) | 4.86M (-42.07%) | 8.39M (-63.39%) | 23M (+247.27%) | 6.60M (+176.15%) | 2.39M (-54.82%) | 5.29M (-46.08%) | 9.81M | -190.00K | 2.05M (-46.34%) | 3.82M (-64.83%) | 11M (+395.89%) | 2.19M (-40.16%) | 3.66M (+57.76%) | 2.32M (-94.20%) | 40M (+559.90%) | 6.06M (+40.60%) | 4.31M (+295.41%) | 1.09M | - | - |