tradingkey.logo
tradingkey.logo
Search

Mercantile Bank Corp

MBWM
Add to Watchlist
60.080USD
+0.350+0.59%
Close 07-31 16:00ETQuotes delayed by 15 min
1.04BMarket Cap
10.78P/E TTM

MBWM Income Statement

You can find the annual or quarterly income statement of Mercantile Bank Corp here for insights into the performance and operational efficiency of Mercantile Bank Corp.
Quarterly
Quarterly+Annual
Quarterly
Annual
YOY
Hide blank rows
FY2026Q2
FY2026Q1
FY2025Q4
FY2025Q3
FY2025Q2
FY2025Q1
FY2024Q4
FY2024Q3
FY2024Q2
FY2024Q1
FY2023Q4
FY2023Q3
FY2023Q2
FY2023Q1
FY2022Q4
FY2022Q3
FY2022Q2
FY2022Q1
FY2021Q4
FY2021Q3
FY2021Q2
FY2021Q1
FY2020Q4
FY2020Q3
FY2020Q2
FY2020Q1
FY2019Q4
FY2019Q3
FY2019Q2
FY2019Q1
FY2018Q4
FY2018Q3
FY2018Q2
FY2018Q1
FY2017Q4
FY2017Q3
FY2017Q2
FY2017Q1
FY2016Q4
FY2016Q3
FY2016Q2
FY2016Q1
FY2015Q4
FY2015Q3
FY2015Q2
FY2015Q1
FY2014Q4
FY2014Q3
FY2014Q2
FY2014Q1
FY2013Q4
FY2013Q3
FY2013Q2
FY2013Q1
FY2012Q4
FY2012Q3
FY2012Q2
FY2012Q1
Total revenue
3.07%55.83M
15.65%59.52M
4.88%54.94M
6.45%55.56M
6.97%54.17M
2.80%51.47M
1.49%52.38M
-0.22%52.19M
1.29%50.64M
1.20%50.07M
-2.15%51.62M
17.10%52.30M
35.82%49.99M
43.44%49.47M
32.41%52.75M
16.92%44.67M
-5.42%36.81M
-10.53%34.49M
-4.80%39.84M
-2.25%38.20M
2.43%38.92M
16.66%38.55M
19.69%41.85M
12.04%39.08M
15.77%38.00M
3.59%33.04M
7.87%34.97M
10.99%34.88M
7.63%32.82M
2.08%31.90M
7.26%32.41M
4.11%31.43M
8.40%30.50M
16.85%31.25M
6.43%30.22M
8.10%30.19M
0.32%28.13M
-9.10%26.75M
6.05%28.39M
4.97%27.93M
7.62%28.04M
19.90%29.42M
12.63%26.77M
-0.04%26.61M
67.29%26.06M
112.48%24.54M
110.95%23.77M
111.50%26.62M
28.98%15.58M
-5.95%11.55M
3.70%11.27M
-0.74%12.59M
-3.30%12.08M
-3.81%12.28M
--10.87M
--12.68M
--12.49M
--12.77M
Operating expenses
9.56%30.90M
5.86%29.03M
-4.29%26.95M
-1.53%27.21M
4.00%28.20M
22.53%27.42M
9.28%28.16M
5.06%27.63M
10.12%27.12M
-4.11%22.38M
3.58%25.77M
6.54%26.30M
13.56%24.63M
15.71%23.34M
20.76%24.88M
25.83%24.69M
22.92%21.69M
-3.81%20.17M
-4.66%20.60M
-13.53%19.62M
-10.25%17.64M
5.55%20.97M
13.01%21.61M
17.38%22.69M
7.08%19.66M
14.82%19.87M
5.15%19.12M
2.10%19.33M
-2.53%18.36M
-2.89%17.30M
2.37%18.18M
4.30%18.93M
7.44%18.84M
13.05%17.82M
8.65%17.76M
10.29%18.15M
2.08%17.53M
-6.86%15.76M
-7.45%16.35M
3.52%16.46M
2.54%17.17M
14.06%16.92M
21.87%17.66M
-5.48%15.90M
73.56%16.75M
151.10%14.84M
367.55%14.49M
162.36%16.82M
54.14%9.65M
-2.86%5.91M
-52.64%3.10M
-27.34%6.41M
-5.75%6.26M
-29.42%6.08M
--6.55M
--8.82M
--6.64M
--8.62M
Depreciation, depletion, and amortization
----
43.59%2.37M
-40.63%1.40M
-49.61%1.34M
-47.65%1.42M
-40.61%1.65M
-10.65%2.36M
-8.88%2.67M
-6.04%2.71M
-9.05%2.77M
-14.60%2.64M
-7.46%2.93M
-10.92%2.88M
-11.83%3.05M
-11.16%3.09M
-8.19%3.16M
-1.94%3.23M
0.03%3.46M
9.96%3.48M
19.74%3.44M
58.18%3.30M
165.92%3.46M
23.75%3.16M
26.52%2.88M
-18.07%2.08M
-40.31%1.30M
5.58%2.56M
-5.92%2.27M
4.09%2.54M
-12.28%2.18M
-4.61%2.42M
-2.07%2.42M
-12.80%2.44M
-2.55%2.48M
-10.82%2.54M
0.53%2.47M
85.94%2.80M
-7.91%2.55M
-6.93%2.85M
-18.38%2.46M
-45.26%1.51M
-2.33%2.77M
6.22%3.06M
8.71%3.01M
89.35%2.75M
453.32%2.83M
397.24%2.88M
409.58%2.77M
172.98%1.46M
-7.41%512.00K
1.76%579.00K
-6.54%543.00K
-7.79%533.00K
8.43%553.00K
--569.00K
--581.00K
--578.00K
--510.00K
Other operating expenses
36.67%3.98M
1.61%2.90M
72.45%1.13M
-6.59%2.95M
13.58%2.91M
860.11%2.86M
7.53%657.00K
20.95%3.16M
-19.66%2.56M
-112.77%-376.00K
440.71%611.00K
19.83%2.61M
28.02%3.19M
93.50%2.94M
-82.09%113.00K
279.64%2.18M
49.16%2.49M
-43.23%1.52M
-69.20%631.00K
-139.61%-1.21M
-40.76%1.67M
-2.58%2.68M
10.58%2.05M
16.69%3.06M
46.59%2.82M
164.36%2.75M
41.56%1.85M
-20.32%2.62M
-39.28%1.92M
-67.07%1.04M
-32.21%1.31M
-2.40%3.29M
-16.50%3.17M
75.61%3.16M
21.14%1.93M
27.32%3.37M
15.99%3.79M
-43.70%1.80M
-49.68%1.59M
-25.52%2.65M
-22.11%3.27M
8.23%3.20M
291.11%3.17M
-20.22%3.56M
106.80%4.20M
82.46%2.95M
151.49%810.00K
125.94%4.46M
6.90%2.03M
-10.60%1.62M
-114.31%-1.57M
-43.50%1.97M
-50.25%1.90M
-38.40%1.81M
---734.00K
--3.49M
--3.82M
--2.94M
Operating profit
-3.98%24.93M
26.81%30.50M
15.54%27.99M
15.43%28.35M
10.39%25.96M
-13.14%24.05M
-6.27%24.23M
-5.55%24.56M
-7.29%23.52M
5.94%27.69M
-7.27%25.85M
30.15%26.00M
67.73%25.37M
82.51%26.14M
44.89%27.88M
7.51%19.98M
-28.91%15.13M
-18.54%14.32M
-4.95%19.24M
13.35%18.58M
16.02%21.28M
33.41%17.58M
27.74%20.24M
5.39%16.39M
26.80%18.34M
-9.73%13.18M
11.35%15.85M
24.45%15.55M
24.03%14.46M
8.67%14.60M
14.23%14.23M
3.81%12.50M
9.98%11.66M
22.30%13.43M
3.42%12.46M
4.95%12.04M
-2.47%10.60M
-12.13%10.98M
32.25%12.04M
7.12%11.47M
16.74%10.87M
28.84%12.50M
-1.81%9.11M
9.31%10.71M
57.09%9.31M
72.02%9.70M
13.57%9.28M
58.68%9.80M
1.91%5.93M
-8.99%5.64M
89.07%8.17M
60.11%6.17M
-0.51%5.82M
49.36%6.20M
--4.32M
--3.86M
--5.85M
--4.15M
Net non-operating interest income (expenses)
Special income (expenses)
-31400.00%-630.00K
-107066.67%-3.21M
-94.51%-1.95M
---906.00K
50.00%-2.00K
99.57%-3.00K
-300.40%-1.00M
100.00%0.00
-100.00%-4.00K
---703.00K
75.12%-250.00K
-10000.00%-404.00K
99.60%-2.00K
----
75.00%-1.00M
---4.00K
-147.26%-500.00K
----
-60.80%-4.02M
100.00%0.00
113.92%1.06M
----
---2.50M
---3.20M
---7.60M
----
----
----
----
----
----
----
----
----
----
----
----
----
--0.00
----
----
----
100.00%0.00
100.00%0.00
100.00%0.00
----
21.63%-366.00K
-73.85%-1.25M
-7406.52%-3.45M
---377.00K
---467.00K
---719.00K
---46.00K
----
--0.00
----
----
----
- Gains from disposal of fixed assets
----
----
----
----
----
----
----
----
----
----
---391.00K
--391.00K
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Income before tax
20.10%31.18M
13.46%27.28M
12.13%26.05M
11.74%27.44M
10.40%25.96M
-10.89%24.05M
-7.86%23.23M
-5.51%24.56M
-7.30%23.52M
3.25%26.98M
-6.19%25.21M
30.11%25.99M
73.45%25.37M
82.51%26.14M
76.55%26.87M
7.49%19.97M
-34.52%14.63M
-18.54%14.32M
-14.21%15.22M
40.85%18.58M
107.98%22.34M
33.41%17.58M
11.97%17.74M
-15.18%13.19M
-25.75%10.74M
-9.73%13.18M
11.35%15.85M
24.45%15.55M
24.03%14.46M
8.67%14.60M
14.23%14.23M
3.81%12.50M
9.98%11.66M
22.30%13.43M
3.42%12.46M
4.95%12.04M
-2.47%10.60M
-12.13%10.98M
32.25%12.04M
7.12%11.47M
16.74%10.87M
28.84%12.50M
2.22%9.11M
25.30%10.71M
276.24%9.31M
84.34%9.70M
15.70%8.91M
56.68%8.55M
-57.11%2.48M
-15.07%5.26M
78.26%7.70M
41.47%5.46M
-1.30%5.77M
49.36%6.20M
--4.32M
--3.86M
--5.85M
--4.15M
Income tax
57.12%5.25M
1.95%4.60M
-11.00%3.21M
-25.44%3.68M
-29.30%3.34M
-16.85%4.51M
-30.47%3.60M
-3.78%4.94M
-5.59%4.73M
5.06%5.42M
2.19%5.18M
30.15%5.13M
73.48%5.01M
82.53%5.16M
41.52%5.07M
11.67%3.94M
-31.95%2.89M
-15.33%2.83M
-2.13%3.58M
40.85%3.53M
107.94%4.24M
33.39%3.34M
44.74%3.66M
-15.13%2.51M
-25.73%2.04M
-9.70%2.50M
-4.82%2.53M
24.38%2.95M
24.06%2.75M
8.66%2.77M
-15.47%2.66M
-35.85%2.38M
-32.06%2.21M
-24.25%2.55M
-20.66%3.14M
2.10%3.70M
-5.15%3.26M
-14.73%3.37M
50.68%3.96M
7.50%3.63M
24.80%3.44M
29.29%3.95M
0.42%2.63M
29.73%3.37M
185.09%2.75M
81.58%3.06M
3.11%2.62M
29.87%2.60M
-44.96%966.00K
-6.34%1.68M
99.69%2.54M
61.45%2.00M
-5.44%1.75M
41.61%1.80M
--1.27M
--1.24M
--1.86M
--1.27M
Income after tax
14.63%25.93M
16.11%22.68M
16.38%22.84M
21.10%23.76M
20.40%22.62M
-9.39%19.54M
-2.02%19.63M
-5.93%19.62M
-7.72%18.79M
2.80%21.56M
-8.13%20.03M
30.10%20.86M
73.44%20.36M
82.51%20.97M
87.33%21.80M
6.50%16.03M
-35.12%11.74M
-19.29%11.49M
-17.35%11.64M
40.85%15.05M
107.99%18.09M
33.41%14.24M
5.74%14.08M
-15.19%10.69M
-25.75%8.70M
-9.73%10.67M
15.06%13.32M
24.47%12.60M
24.02%11.71M
8.67%11.82M
24.25%11.57M
21.42%10.12M
28.64%9.45M
42.89%10.88M
15.21%9.31M
6.27%8.34M
-1.22%7.34M
-10.93%7.62M
24.77%8.09M
6.94%7.84M
13.36%7.43M
28.63%8.55M
2.97%6.48M
23.36%7.34M
334.59%6.56M
85.64%6.65M
21.89%6.29M
72.23%5.95M
-62.43%1.51M
-18.64%3.58M
69.33%5.16M
32.00%3.45M
0.63%4.02M
52.78%4.40M
--3.05M
--2.62M
--3.99M
--2.88M
Net income from continuous operations
14.63%25.93M
16.11%22.68M
16.38%22.84M
21.10%23.76M
20.40%22.62M
-9.39%19.54M
-2.02%19.63M
-5.93%19.62M
-7.72%18.79M
2.80%21.56M
-8.13%20.03M
30.10%20.86M
73.44%20.36M
82.51%20.97M
87.33%21.80M
6.50%16.03M
-35.12%11.74M
-19.29%11.49M
-17.35%11.64M
40.85%15.05M
107.99%18.09M
33.41%14.24M
5.74%14.08M
-15.19%10.69M
-25.75%8.70M
-9.73%10.67M
15.06%13.32M
24.47%12.60M
24.02%11.71M
8.67%11.82M
24.25%11.57M
21.42%10.12M
28.64%9.45M
42.89%10.88M
15.21%9.31M
6.27%8.34M
-1.22%7.34M
-10.93%7.62M
24.77%8.09M
6.94%7.84M
13.36%7.43M
28.63%8.55M
2.97%6.48M
23.36%7.34M
334.59%6.56M
85.64%6.65M
21.89%6.29M
72.23%5.95M
-62.43%1.51M
-18.64%3.58M
69.33%5.16M
32.00%3.45M
0.63%4.02M
52.78%4.40M
--3.05M
--2.62M
--3.99M
--2.88M
Non-recurring net income
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
---1.34M
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Net income attributable to controlling interests
14.63%25.93M
16.11%22.68M
16.38%22.84M
21.10%23.76M
20.40%22.62M
-9.39%19.54M
-2.02%19.63M
-5.93%19.62M
-7.72%18.79M
2.80%21.56M
-8.13%20.03M
30.10%20.86M
73.44%20.36M
82.51%20.97M
87.33%21.80M
6.50%16.03M
-35.12%11.74M
-19.29%11.49M
-17.35%11.64M
40.85%15.05M
107.99%18.09M
33.41%14.24M
5.74%14.08M
-15.19%10.69M
-25.75%8.70M
-9.73%10.67M
15.06%13.32M
24.47%12.60M
24.02%11.71M
8.67%11.82M
45.06%11.57M
21.42%10.12M
28.64%9.45M
42.89%10.88M
-1.31%7.98M
6.27%8.34M
-1.22%7.34M
-10.93%7.62M
24.77%8.09M
6.94%7.84M
13.36%7.43M
28.63%8.55M
2.97%6.48M
23.36%7.34M
334.59%6.56M
85.64%6.65M
21.89%6.29M
72.23%5.95M
-62.43%1.51M
-18.64%3.58M
69.33%5.16M
32.00%3.45M
22.14%4.02M
72.41%4.40M
--3.05M
--2.62M
--3.29M
--2.55M
Preferred share dividend
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
--0.00
----
----
-100.00%0.00
--0.00
--0.00
--703.00K
--328.00K
Net income attributable to common shareholders
14.63%25.93M
16.11%22.68M
16.38%22.84M
21.10%23.76M
20.40%22.62M
-9.39%19.54M
-2.02%19.63M
-5.93%19.62M
-7.72%18.79M
2.80%21.56M
-8.13%20.03M
30.10%20.86M
73.44%20.36M
82.51%20.97M
87.33%21.80M
6.50%16.03M
-35.12%11.74M
-19.29%11.49M
-17.35%11.64M
40.85%15.05M
107.99%18.09M
33.41%14.24M
5.74%14.08M
-15.19%10.69M
-25.75%8.70M
-9.73%10.67M
15.06%13.32M
24.47%12.60M
24.02%11.71M
8.67%11.82M
45.06%11.57M
21.42%10.12M
28.64%9.45M
42.89%10.88M
-1.31%7.98M
6.27%8.34M
-1.22%7.34M
-10.93%7.62M
24.77%8.09M
6.94%7.84M
13.36%7.43M
28.63%8.55M
2.97%6.48M
23.36%7.34M
334.59%6.56M
85.64%6.65M
21.89%6.29M
72.23%5.95M
-62.43%1.51M
-18.64%3.58M
69.33%5.16M
32.00%3.45M
22.14%4.02M
72.41%4.40M
--3.05M
--2.62M
--3.29M
--2.55M
Basic earnings per share
7.74%1.50
9.11%1.32
15.51%1.40
20.28%1.46
19.53%1.39
-9.83%1.21
-2.61%1.22
-6.63%1.22
-8.40%1.17
2.02%1.34
-9.03%1.25
28.83%1.30
71.76%1.27
80.74%1.31
85.01%1.37
6.49%1.01
-34.03%0.74
-17.04%0.73
-14.25%0.74
44.16%0.95
109.23%1.12
33.96%0.87
6.35%0.87
-14.37%0.66
-24.77%0.54
-9.30%0.65
16.19%0.81
26.15%0.77
25.33%0.71
9.76%0.72
44.98%0.70
20.49%0.61
27.63%0.57
41.51%0.66
-2.35%0.48
4.98%0.51
-2.60%0.45
-11.70%0.46
24.46%0.49
7.88%0.48
17.03%0.46
33.74%0.52
7.05%0.40
26.56%0.45
195.65%0.39
-4.22%0.39
-37.29%0.37
-11.02%0.35
-71.32%0.13
-18.94%0.41
68.12%0.59
30.72%0.40
20.80%0.46
70.43%0.51
--0.35
--0.30
--0.38
--0.30
Diluted earnings per share
7.74%1.50
9.11%1.32
15.51%1.40
20.28%1.46
19.53%1.39
-9.83%1.21
-2.61%1.22
-6.63%1.22
-8.40%1.17
2.02%1.34
-9.03%1.25
28.83%1.30
71.76%1.27
80.74%1.31
85.01%1.37
6.50%1.01
-34.02%0.74
-17.04%0.73
-14.25%0.74
44.16%0.95
109.24%1.12
33.97%0.87
6.35%0.87
-14.36%0.66
-24.74%0.54
-9.27%0.65
16.19%0.81
26.19%0.77
25.35%0.71
9.78%0.72
45.04%0.70
20.51%0.61
27.67%0.57
41.55%0.66
-2.38%0.48
5.07%0.51
-2.52%0.45
-11.60%0.46
24.65%0.49
7.95%0.48
17.09%0.46
33.78%0.52
6.96%0.40
26.84%0.45
195.77%0.39
-4.43%0.39
-37.23%0.37
-11.22%0.35
-71.35%0.13
-18.85%0.41
68.08%0.59
30.91%0.40
26.70%0.46
77.81%0.50
--0.35
--0.30
--0.36
--0.28
Dividend per share
5.41%0.39
5.41%0.39
5.56%0.38
5.56%0.38
5.71%0.37
5.71%0.37
5.88%0.36
5.88%0.36
6.06%0.35
6.06%0.35
6.25%0.34
6.25%0.34
6.45%0.33
6.45%0.33
6.67%0.32
6.67%0.32
6.90%0.31
6.90%0.31
7.14%0.30
7.14%0.30
3.57%0.29
3.57%0.29
3.70%0.28
3.70%0.28
7.69%0.28
7.69%0.28
8.00%0.27
12.50%0.27
18.18%0.26
18.18%0.26
31.58%0.25
26.32%0.24
22.22%0.22
22.22%0.22
11.76%0.19
11.76%0.19
12.50%0.18
12.50%0.18
13.33%0.17
13.33%0.17
14.29%0.16
14.29%0.16
25.00%0.15
25.00%0.15
16.67%0.14
16.67%0.14
0.00%0.12
0.00%0.12
--0.12
9.09%0.12
--0.12
--0.12
--0.00
--0.11
----
--0.00
--0.00
--0.00
Currency unit
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
Audit opinions
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----

FAQs

How do I read Mercantile Bank Corp's income statement on TradingKey?

Start with total revenue, then review cost of revenue, gross profit, operating expenses, operating profit, income before tax, net income, and EPS. Revenue shows the scale of the business, while margins and profit lines show whether that revenue is being converted into earnings efficiently.

What is the difference between quarterly and annual income statements?

A quarterly income statement shows performance for a three-month fiscal period, while an annual income statement summarizes the full fiscal year. Quarterly data is useful for tracking recent momentum and seasonality, while annual data is better for judging long-term growth, profitability, and business cycles.

What does YOY mean on the income statement page?

YOY means year over year. It compares a financial metric with the same period in the previous year, such as this quarter's revenue versus revenue in the same quarter last year. YOY comparison helps investors see growth trends while reducing the impact of normal seasonal changes.

Which income statement metrics matter most when analyzing MBWM stock?

Important metrics include revenue growth, gross profit, gross margin, operating profit, operating margin, net income, EPS, R&D expenses, SG&A expenses, and tax expense. Investors usually look at these together to judge whether the company is growing, controlling costs, and improving profitability.

What was Mercantile Bank Corp's revenue at year end?

Mercantile Bank Corp reported 216.13M in revenue for fiscal year 2025, up from 205.28M in the previous year.

How much revenue did Mercantile Bank Corp report in the most recent quarter?

Mercantile Bank Corp reported 55.83M in revenue for the most recent quarter, an increase of 3.07% year over year.

What was Mercantile Bank Corp's net income for the year?

Mercantile Bank Corp posted 88.75M in net income for fiscal year 2025.

How much net income did Mercantile Bank Corp post in the last quarter?

Mercantile Bank Corp reported 25.93M in net income for the latest quarter。

What was Mercantile Bank Corp's annual operating profit?

Mercantile Bank Corp's operating income was 106.37M for fiscal year 2025.

How is EPS related to the income statement?

EPS, or earnings per share, is based on net income divided by the number of shares outstanding. It helps investors understand how much profit the company generated for each share, but it should be reviewed alongside share count changes, margins, cash flow, and valuation metrics.
tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.