Mercantile Bank Corporation MBWM
NASDAQ
| 09/30/2026 | 06/30/2026 | 03/31/2026 | 12/31/2025 | 09/30/2025 | |
|---|---|---|---|---|---|
| Revenue | 12.30M | 11.50M | 11.69M | 10.36M | 10.39M |
| Total Other Revenue | 60.20M | 59.06M | 57.70M | 51.72M | 51.80M |
| Total Revenue | 72.50M | 70.56M | 69.39M | 62.07M | 62.19M |
| Cost of Revenue | -- | -- | -- | -- | -- |
| Gross Profit | 72.50M | 70.56M | 69.39M | 62.07M | 62.19M |
| SG&A Expenses | 35.01M | 32.47M | 31.49M | 30.47M | 28.01M |
| Depreciation & Amortization | -- | -- | -- | -- | -- |
| Other Operating Expenses | 7.53M | 5.94M | 9.46M | 1.59M | 6.14M |
| Total Operating Expenses | 42.54M | 38.42M | 40.94M | 32.06M | 34.14M |
| Operating Income | 29.97M | 32.14M | 28.45M | 30.01M | 28.05M |
| Income Before Tax | 28.95M | 31.18M | 27.28M | 26.05M | 27.44M |
| Income Tax Expenses | 4.88M | 5.25M | 4.60M | 3.21M | 3.68M |
| Earnings from Continuing Operations | 24.07M | 25.93M | 22.69M | 22.84M | 23.76M |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 24.07M | 25.93M | 22.69M | 22.84M | 23.76M |
| EBIT | -- | -- | -- | -- | -- |
| EBITDA | -- | -- | -- | -- | -- |
| EPS Basic | 1.39 | 1.50 | 1.32 | 1.40 | 1.46 |
| Normalized Basic EPS | 1.05 | 1.13 | 1.00 | 1.02 | 1.08 |
| EPS Diluted | 1.39 | 1.50 | 1.32 | 1.40 | 1.46 |
| Normalized Diluted EPS | 1.05 | 1.13 | 1.00 | 1.02 | 1.08 |
| Average Basic Shares Outstanding | 17.29M | 17.28M | 17.24M | 16.26M | 16.25M |
| Average Diluted Shares Outstanding | 17.29M | 17.28M | 17.24M | 16.26M | 16.25M |
| Dividend Per Share | 0.40 | 0.39 | 0.39 | 0.38 | 0.38 |
| Payout Ratio | 28.30% | 25.61% | 29.24% | 26.58% | 25.55% |