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MERCANTILE BANK CORP MBWM
Nasdaq · XNAS · stock · State Commercial Banks · website · IPO 1997-10-24
MERCANTILE BANK CORP financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Interest expense | — | — | $77.8M | $23.6M | $19.4M |
| Income tax | $14.7M | $18.7M | $20.5M | $14.7M | $14.7M |
| Net income | $88.8M | $79.6M | $82.2M | $61.1M | $59.0M |
| EPS (diluted) | $5.47 | $4.93 | $5.13 | $3.85 | $3.69 |
| Operating cash flow | $18.0M | $101.1M | $66.6M | $119.9M | $64.6M |
| Total assets | $6.8B | $6.1B | $5.4B | $4.9B | $5.3B |
| Total liabilities | $6.1B | $5.5B | $4.8B | $4.4B | $4.8B |
| Shareholders' equity | $724.9M | $584.5M | $522.1M | $441.4M | $456.6M |
Source: SEC EDGAR filings · CIK 0001042729 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.