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 | 43.59M | 40.61M | 40.02M | 39.30M | 37.52M |
| Total Other Revenue | 209.10M | 197.84M | 192.99M | 188.38M | 184.07M |
| Total Revenue | 252.69M | 238.45M | 233.01M | 227.68M | 221.60M |
| Cost of Revenue | -- | -- | -- | -- | -- |
| Gross Profit | 252.69M | 238.45M | 233.01M | 227.68M | 221.60M |
| SG&A Expenses | 117.26M | 112.00M | 111.16M | 109.97M | 107.15M |
| Depreciation & Amortization | -- | -- | -- | -- | -- |
| Other Operating Expenses | 22.97M | 18.39M | 17.47M | 17.13M | 16.30M |
| Total Operating Expenses | 140.23M | 130.39M | 128.63M | 127.09M | 123.45M |
| Operating Income | 112.46M | 108.06M | 104.38M | 100.59M | 98.15M |
| Income Before Tax | 106.73M | 103.49M | 100.68M | 97.79M | 95.35M |
| Income Tax Expenses | 14.83M | 14.74M | 15.14M | 16.39M | 17.78M |
| Earnings from Continuing Operations | 91.90 | 88.75 | 85.54 | 81.40 | 77.57 |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 91.90M | 88.75M | 85.54M | 81.40M | 77.57M |
| EBIT | -- | -- | -- | -- | -- |
| EBITDA | -- | -- | -- | -- | -- |
| EPS Basic | 5.58 | 5.47 | 5.28 | 5.03 | 4.80 |
| Normalized Basic EPS | 4.09 | 4.01 | 3.88 | 3.75 | 3.66 |
| EPS Diluted | 5.57 | 5.46 | 5.27 | 5.02 | 4.80 |
| Normalized Diluted EPS | 4.09 | 4.01 | 3.88 | 3.75 | 3.66 |
| Average Basic Shares Outstanding | 65.99M | 64.95M | 64.83M | 64.72M | 64.60M |
| Average Diluted Shares Outstanding | 65.99M | 64.95M | 64.83M | 64.72M | 64.60M |
| Dividend Per Share | 1.13 | 1.50 | 1.48 | 1.46 | 1.44 |
| Payout Ratio | 26.86% | 26.99% | 27.57% | 28.52% | 29.45% |