Mercantile Bank Corporation MBWM
NASDAQ
| 09/30/2026 | 06/30/2026 | 03/31/2026 | 12/31/2025 | 09/30/2025 | |
|---|---|---|---|---|---|
| Revenue | 45.85M | 43.93M | 43.89M | 40.91M | 40.72M |
| Total Other Revenue | 228.67M | 220.28M | 209.10M | 197.84M | 192.99M |
| Total Revenue | 274.52M | 264.21M | 252.99M | 238.75M | 233.71M |
| Cost of Revenue | -- | -- | -- | -- | -- |
| Gross Profit | 274.52M | 264.21M | 252.99M | 238.75M | 233.71M |
| SG&A Expenses | 129.44M | 122.44M | 117.26M | 112.00M | 111.16M |
| Depreciation & Amortization | -- | -- | -- | -- | -- |
| Other Operating Expenses | 24.52M | 23.13M | 23.27M | 18.69M | 17.78M |
| Total Operating Expenses | 153.96M | 145.57M | 140.53M | 130.69M | 128.94M |
| Operating Income | 120.56M | 118.64M | 112.46M | 108.06M | 104.78M |
| Income Before Tax | 113.46M | 111.95M | 106.73M | 103.49M | 100.68M |
| Income Tax Expenses | 17.93M | 16.74M | 14.83M | 14.74M | 15.14M |
| Earnings from Continuing Operations | 95.52 | 95.21 | 91.90 | 88.75 | 85.54 |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 95.52M | 95.21M | 91.90M | 88.75M | 85.54M |
| EBIT | -- | -- | -- | -- | -- |
| EBITDA | -- | -- | -- | -- | -- |
| EPS Basic | 5.61 | 5.68 | 5.58 | 5.47 | 5.28 |
| Normalized Basic EPS | 4.20 | 4.23 | 4.10 | 4.03 | 3.91 |
| EPS Diluted | 5.61 | 5.68 | 5.57 | 5.46 | 5.27 |
| Normalized Diluted EPS | 4.20 | 4.23 | 4.10 | 4.03 | 3.91 |
| Average Basic Shares Outstanding | 68.07M | 67.03M | 65.99M | 64.95M | 64.83M |
| Average Diluted Shares Outstanding | 68.07M | 67.03M | 65.99M | 64.95M | 64.83M |
| Dividend Per Share | 1.56 | 1.54 | 1.52 | 1.50 | 1.48 |
| Payout Ratio | 27.38% | 26.69% | 26.86% | 26.99% | 27.57% |