CSI Market
Sign In | Register

Mercantile Bank (MBWM) Annual Income Statement

Annual · GAAP · USD millions
Access MBWM quarterly income statements →
By examining income statement figures across successive periods, users can identify shifts in Mercantile Bank's profitability and expense structure.
View historic periods: Download as CSV:
Download as CSV
Commercial Data Licensing & OEM
Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms
API & Data Feeds
Programmatic access to normalized fundamentals & ratios.
Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2025)
2025 		(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Revenues
Interest and Fee Income, Loans and Leases291.36
Interest and Dividend Income, Securities, Operating4.96
Interest Income, Deposits with Financial Institutions16.34
Other Income17.54
Total Interest Income330.19
Interest Expense, Deposits102.51
Interest Expense, Short-term Borrowings7.46
Interest Expense, Long-term Debt and Capital Securities7.77
Total Interest Expense129.15
Net Interest Income201.04
Provision for loan losses3.20
Total Net Interest Income197.84
Fees and Commissions, Mortgage Banking and Servicing13.02
Revenue From Contract With Customer Including Assessed Tax9.21
Other Non-interest Income2.52
Gain (Loss) on Disposition of Assets and Other Investments0.00
Loss / Gain on Investment0.00
Other Non-Interest Income15.79
Total Non-interest Income41.61
Total Revenues239.45
Costs & Expenses
Salaries & employee benefits, SGA83.20
Restructuring, Accretion & impairment charges1.82
Depreciation & Amortization0.00
Communications, Occupancy and Information Technology8.51
Federal Deposit Insurance Corporation Premium Expense2.72
Other Noninterest Expense18.36
Other loss /-income21.36
Total Operating Expenses135.96
Total Costs & Expenses253.71
Income & Taxes
Income /-loss before income taxes103.49
Income taxes expenses/-benefit14.74
Income after income taxes88.75
Net income/-loss of other equity0.00
Income /-loss after income taxes88.75
Net Income/-loss88.75
Income/-loss to shareholder88.75
Earnings Per Share
Basic EPS (excl. extra items)5.47
Basic Net EPS5.47
Basic shares outstanding (Mill. of Units)16.24
Diluted Net EPS5.47
Diluted average shares (Mill. of Units)16.24
Dividend per share1.50
4 historic quarters locked

Sign in to unlock the full Mercantile Bank income statement history.

Sign In Create Free Account

About Mercantile Bank Corp Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.