Mercantile Bank Corporation
MBWM
$49.87
-$1.23-2.41%
NASDAQ
| 03/31/2026 | 12/31/2025 | 09/30/2025 | 06/30/2025 | 03/31/2025 | |
|---|---|---|---|---|---|
| Revenue | 11.69M | 10.06M | 10.39M | 11.46M | 8.70M |
| Total Other Revenue | 57.70M | 51.72M | 51.80M | 47.88M | 46.45M |
| Total Revenue | 69.39M | 61.77M | 62.19M | 59.34M | 55.15M |
| Cost of Revenue | -- | -- | -- | -- | -- |
| Gross Profit | 69.39M | 61.77M | 62.19M | 59.34M | 55.15M |
| SG&A Expenses | 31.49M | 30.47M | 28.01M | 27.29M | 26.23M |
| Depreciation & Amortization | -- | -- | -- | -- | -- |
| Other Operating Expenses | 9.46M | 1.59M | 5.84M | 6.09M | 4.87M |
| Total Operating Expenses | 40.94M | 32.06M | 33.84M | 33.38M | 31.10M |
| Operating Income | 28.45M | 29.71M | 28.35M | 25.96M | 24.05M |
| Income Before Tax | 27.28M | 26.05M | 27.44M | 25.96M | 24.05M |
| Income Tax Expenses | 4.60M | 3.21M | 3.68M | 3.34M | 4.51M |
| Earnings from Continuing Operations | 22.69M | 22.84M | 23.76M | 22.62M | 19.54M |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 22.69M | 22.84M | 23.76M | 22.62M | 19.54M |
| EBIT | -- | -- | -- | -- | -- |
| EBITDA | -- | -- | -- | -- | -- |
| EPS Basic | 1.32 | 1.40 | 1.46 | 1.39 | 1.21 |
| Normalized Basic EPS | 1.00 | 1.01 | 1.08 | 1.00 | 0.93 |
| EPS Diluted | 1.32 | 1.40 | 1.46 | 1.39 | 1.21 |
| Normalized Diluted EPS | 1.00 | 1.01 | 1.08 | 1.00 | 0.93 |
| Average Basic Shares Outstanding | 17.24M | 16.26M | 16.25M | 16.24M | 16.20M |
| Average Diluted Shares Outstanding | 17.24M | 16.26M | 16.25M | 16.24M | 16.20M |
| Dividend Per Share | -- | 0.38 | 0.38 | 0.37 | 0.37 |
| Payout Ratio | 29.24% | 26.58% | 25.55% | 26.12% | 30.21% |