Mercantile Bank Corporation
MBWM
$49.67
-$0.04-0.08%
NASDAQ
| 12/31/2025 | 09/30/2025 | 06/30/2025 | 03/31/2025 | 12/31/2024 | |
|---|---|---|---|---|---|
| Revenue | 10.06M | 10.39M | 11.46M | 8.70M | 9.47M |
| Total Other Revenue | 51.72M | 51.80M | 47.88M | 46.45M | 46.86M |
| Total Revenue | 61.77M | 62.19M | 59.34M | 55.15M | 56.33M |
| Cost of Revenue | -- | -- | -- | -- | -- |
| Gross Profit | 61.77M | 62.19M | 59.34M | 55.15M | 56.33M |
| SG&A Expenses | 30.47M | 28.01M | 27.29M | 26.23M | 29.63M |
| Depreciation & Amortization | -- | -- | -- | -- | -- |
| Other Operating Expenses | 1.59M | 5.84M | 6.09M | 4.87M | 678.00K |
| Total Operating Expenses | 32.06M | 33.84M | 33.38M | 31.10M | 30.31M |
| Operating Income | 29.71M | 28.35M | 25.96M | 24.05M | 26.03M |
| Income Before Tax | 26.05M | 27.44M | 25.96M | 24.05M | 23.23M |
| Income Tax Expenses | 3.21M | 3.68M | 3.34M | 4.51M | 3.60M |
| Earnings from Continuing Operations | 22.84M | 23.76M | 22.62M | 19.54M | 19.63M |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 22.84M | 23.76M | 22.62M | 19.54M | 19.63M |
| EBIT | -- | -- | -- | -- | -- |
| EBITDA | -- | -- | -- | -- | -- |
| EPS Basic | 1.40 | 1.46 | 1.39 | 1.21 | 1.22 |
| Normalized Basic EPS | 1.01 | 1.08 | 1.00 | 0.93 | 0.87 |
| EPS Diluted | 1.40 | 1.46 | 1.39 | 1.21 | 1.21 |
| Normalized Diluted EPS | 1.01 | 1.08 | 1.00 | 0.93 | 0.87 |
| Average Basic Shares Outstanding | 16.26M | 16.25M | 16.24M | 16.20M | 16.14M |
| Average Diluted Shares Outstanding | 16.26M | 16.25M | 16.24M | 16.20M | 16.14M |
| Dividend Per Share | 0.38 | 0.38 | 0.37 | 0.37 | 0.36 |
| Payout Ratio | 26.58% | 25.55% | 26.12% | 30.21% | 29.05% |