B
Mercantile Bank Corporation MBWM
$60.21 $0.470.78% NASDAQ
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Avg Vol (90D)
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EPS (TTM)

06/30/2026 03/31/2026 12/31/2025 09/30/2025 06/30/2025
Revenue 43.63M 43.59M 40.61M 40.42M 40.00M
Total Other Revenue 220.28M 209.10M 197.84M 192.99M 188.38M
Total Revenue 263.91M 252.69M 238.45M 233.41M 228.38M
Cost of Revenue -- -- -- -- --
Gross Profit 263.91M 252.69M 238.45M 233.41M 228.38M
SG&A Expenses 122.44M 117.26M 112.00M 111.16M 109.97M
Depreciation & Amortization -- -- -- -- --
Other Operating Expenses 22.83M 22.97M 18.39M 17.48M 17.13M
Total Operating Expenses 145.27M 140.23M 130.39M 128.64M 127.09M
Operating Income 118.64M 112.46M 108.06M 104.78M 101.29M
Income Before Tax 111.95M 106.73M 103.49M 100.68M 97.79M
Income Tax Expenses 16.74M 14.83M 14.74M 15.14M 16.39M
Earnings from Continuing Operations 95.21 91.90 88.75 85.54 81.40
Earnings from Discontinued Operations -- -- -- -- --
Extraordinary Item & Accounting Change -- -- -- -- --
Minority Interest in Earnings -- -- -- -- --
Net Income 95.21M 91.90M 88.75M 85.54M 81.40M
EBIT -- -- -- -- --
EBITDA -- -- -- -- --
EPS Basic 5.68 5.58 5.47 5.28 5.03
Normalized Basic EPS 4.22 4.09 4.01 3.89 3.78
EPS Diluted 5.68 5.57 5.46 5.27 5.02
Normalized Diluted EPS 4.22 4.09 4.01 3.89 3.78
Average Basic Shares Outstanding 67.03M 65.99M 64.95M 64.83M 64.72M
Average Diluted Shares Outstanding 67.03M 65.99M 64.95M 64.83M 64.72M
Dividend Per Share 1.54 1.52 1.50 1.48 1.46
Payout Ratio 26.69% 26.86% 26.99% 27.57% 28.52%