Mercantile Bank Corporation
MBWM
$49.53
-$0.18-0.36%
NASDAQ
| 12/31/2025 | 09/30/2025 | 06/30/2025 | 03/31/2025 | 12/31/2024 | |
|---|---|---|---|---|---|
| Revenue | 40.61M | 40.02M | 39.30M | 37.52M | 39.69M |
| Total Other Revenue | 197.84M | 192.99M | 188.38M | 184.07M | 183.69M |
| Total Revenue | 238.45M | 233.01M | 227.68M | 221.60M | 223.37M |
| Cost of Revenue | -- | -- | -- | -- | -- |
| Gross Profit | 238.45M | 233.01M | 227.68M | 221.60M | 223.37M |
| SG&A Expenses | 112.00M | 111.16M | 109.97M | 107.15M | 105.66M |
| Depreciation & Amortization | -- | -- | -- | -- | -- |
| Other Operating Expenses | 18.38M | 17.47M | 17.12M | 16.30M | 15.93M |
| Total Operating Expenses | 130.39M | 128.63M | 127.09M | 123.45M | 121.59M |
| Operating Income | 108.07M | 104.38M | 100.59M | 98.15M | 101.79M |
| Income Before Tax | 103.49M | 100.68M | 97.79M | 95.35M | 98.28M |
| Income Tax Expenses | 14.74M | 15.14M | 16.39M | 17.78M | 18.69M |
| Earnings from Continuing Operations | 88.75 | 85.54 | 81.40 | 77.57 | 79.59 |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 88.75M | 85.54M | 81.40M | 77.57M | 79.59M |
| EBIT | -- | -- | -- | -- | -- |
| EBITDA | -- | -- | -- | -- | -- |
| EPS Basic | 5.47 | 5.28 | 5.03 | 4.80 | 4.93 |
| Normalized Basic EPS | 4.01 | 3.88 | 3.75 | 3.66 | 3.78 |
| EPS Diluted | 5.46 | 5.27 | 5.02 | 4.80 | 4.93 |
| Normalized Diluted EPS | 4.01 | 3.88 | 3.75 | 3.66 | 3.78 |
| Average Basic Shares Outstanding | 64.95M | 64.83M | 64.72M | 64.60M | 64.52M |
| Average Diluted Shares Outstanding | 64.95M | 64.83M | 64.72M | 64.60M | 64.52M |
| Dividend Per Share | 1.50 | 1.48 | 1.46 | 1.44 | 1.42 |
| Payout Ratio | 26.99% | 27.57% | 28.52% | 29.45% | 28.24% |