Mercantile Bank Financial Statements 2009-2024 | MBWM

Prices Financials Revenue & Profit Assets & Liabilities Margins Price Ratios Other Ratios Other Metrics

Income Statement Balance Sheet Cash Flow Stmt Key Financial Ratios

Fifteen years of historical annual and quarterly income statements for Mercantile Bank (MBWM).

Annual Data | Millions of US $ except per share data

Metric Name
Revenue
Cost Of Goods Sold
Gross Profit
Research And Development Expenses
SG&A Expenses
Other Operating Income Or Expenses
Operating Expenses
Operating Income
Total Non-Operating Income/Expense
Pre-Tax Income
Income Taxes
Income After Taxes
Other Income
Income From Continuous Operations
Income From Discontinued Operations
Net Income
EBITDA
EBIT
Basic EPS
EPS - Earnings Per Share

TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
$351	$304	$214	$200	$193	$185	$161	$145	$139	$128	$99.15	$65.11	$67.91	$78.35	$97.39	$112
$121	$77.81	$23.60	$19.43	$26.07	$33.80	$21.90	$15.80	$12.59	$11.15	$11.34	$10.79	$13.22	$19.83	$31.79	$53.58
$230	$226	$190	$180	$167	$151	$139	$129	$127	$117	$87.81	$54.33	$54.70	$58.52	$65.59	$58.89
$0.00	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$127	$123	$115	$107	$113	$91.03	$87.27	$82.67	$80.02	$78.38	$57.16	$27.96	$36.52	$48.40	$78.96	$105
$0.00	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$127	$123	$115	$107	$113	$91.03	$87.27	$82.67	$80.02	$78.38	$57.16	$27.96	$36.52	$48.40	$78.96	$105
$103	$103	$75.79	$73.72	$54.85	$60.46	$51.82	$46.08	$46.89	$38.83	$30.64	$26.37	$18.17	$10.12	$-13.36	$-46.60
$0.00	$0	$0	$0	$0	$0	$0	$0	$0	$0	$-5.45	$-1.25	$0	$0	$0	$0
$100	$103	$75.79	$73.72	$54.85	$60.46	$51.82	$46.08	$46.89	$38.83	$25.20	$25.13	$18.17	$10.12	$-13.36	$-46.60
$20.27	$20.48	$14.73	$14.70	$10.71	$11.00	$9.80	$14.81	$14.97	$11.81	$7.87	$8.09	$5.64	$-27.36	$-0.05	$5.49
$80.00	$82.22	$61.06	$59.02	$44.14	$49.46	$42.02	$31.27	$31.91	$27.02	$17.33	$17.03	$12.54	$37.49	$-13.32	$-52.09
$0.00	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$80.00	$82.22	$61.06	$59.02	$44.14	$49.46	$42.02	$31.27	$31.91	$27.02	$17.33	$17.03	$12.54	$37.49	$-13.32	$-52.09
$0.00	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$80.00	$82.22	$61.06	$59.02	$44.14	$49.46	$42.02	$31.27	$31.91	$27.02	$17.33	$17.03	$11.51	$36.14	$-14.61	$-52.89
$0.00	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$0.00	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$4.98	$5.13	$3.85	$3.69	$2.71	$3.01	$2.53	$1.90	$1.96	$1.63	$1.28	$1.96	$1.33	$4.20	$-1.72	$-6.23
$4.98	$5.13	$3.85	$3.69	$2.71	$3.01	$2.53	$1.90	$1.96	$1.62	$1.28	$1.95	$1.30	$4.07	$-1.72	$-6.23

Quarterly Data | Millions of US $ except per share data

Metric Name
Revenue
Cost Of Goods Sold
Gross Profit
Research And Development Expenses
SG&A Expenses
Other Operating Income Or Expenses
Operating Expenses
Operating Income
Total Non-Operating Income/Expense
Pre-Tax Income
Income Taxes
Income After Taxes
Other Income
Income From Continuous Operations
Income From Discontinued Operations
Net Income
EBITDA
EBIT
Basic EPS
EPS - Earnings Per Share

2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31
$93.08	$88.56	$87.59	$82.10	$80.40	$73.56	$67.44	$66.06	$55.41	$47.29	$45.16	$49.68	$51.46	$50.33	$48.25	$51.95	$48.90	$48.15	$44.48	$46.88	$46.99	$46.15	$45.27	$42.57	$40.19	$38.87	$39.36	$37.41	$37.64	$34.95	$34.56	$34.32	$34.99	$34.21	$35.98	$32.62	$32.78	$31.68	$31.28	$31.48	$31.80	$20.77	$15.09	$16.96	$16.35	$15.76	$16.04	$16.73	$16.83	$16.87	$17.49	$18.43	$18.85	$20.16	$20.91	$22.83	$24.02	$24.69	$25.84	$26.08	$27.60	$28.73	$30.05
$35.12	$31.81	$29.36	$25.15	$22.19	$18.37	$12.10	$7.62	$5.75	$5.22	$5.00	$4.51	$4.76	$4.90	$5.25	$5.77	$6.09	$6.59	$7.62	$8.40	$8.71	$8.70	$7.99	$6.38	$5.65	$5.09	$4.78	$4.50	$4.39	$3.71	$3.20	$3.28	$3.26	$3.05	$3.01	$2.92	$2.88	$2.62	$2.74	$2.98	$2.91	$2.93	$2.52	$2.68	$2.67	$2.68	$2.76	$2.93	$3.18	$3.42	$3.68	$4.07	$4.75	$5.30	$5.71	$6.84	$7.80	$8.28	$8.88	$10.62	$12.33	$14.42	$16.22
$57.96	$56.75	$58.23	$56.95	$58.21	$55.20	$55.34	$58.44	$49.66	$42.07	$40.16	$45.17	$46.69	$45.43	$43.00	$46.18	$42.82	$41.56	$36.87	$38.48	$38.28	$37.45	$37.28	$36.19	$34.55	$33.78	$34.58	$32.91	$33.25	$31.24	$31.36	$31.04	$31.73	$31.16	$32.97	$29.71	$29.90	$29.06	$28.54	$28.51	$28.89	$17.84	$12.57	$14.29	$13.68	$13.08	$13.28	$13.80	$13.64	$13.45	$13.80	$14.36	$14.10	$14.86	$15.20	$15.99	$16.22	$16.42	$16.96	$15.46	$15.28	$14.31	$13.84
$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$33.40	$33.24	$31.24	$29.48	$32.22	$29.83	$29.20	$30.33	$29.68	$27.44	$25.84	$28.13	$28.11	$23.09	$25.42	$27.30	$29.62	$30.82	$23.69	$22.41	$22.73	$22.99	$22.68	$21.03	$22.05	$22.11	$21.15	$19.49	$21.21	$20.63	$20.38	$18.99	$20.26	$20.29	$20.47	$20.60	$19.19	$19.75	$18.84	$18.85	$19.09	$11.91	$7.31	$6.12	$7.50	$7.27	$7.07	$9.48	$9.79	$7.60	$9.65	$11.40	$11.08	$12.14	$13.78	$18.98	$22.30	$17.64	$20.03	$36.14	$24.32	$23.86	$21.17
$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$33.40	$33.24	$31.24	$29.48	$32.22	$29.83	$29.20	$30.33	$29.68	$27.44	$25.84	$28.13	$28.11	$23.09	$25.42	$27.30	$29.62	$30.82	$23.69	$22.41	$22.73	$22.99	$22.68	$21.03	$22.05	$22.11	$21.15	$19.49	$21.21	$20.63	$20.38	$18.99	$20.26	$20.29	$20.47	$20.60	$19.19	$19.75	$18.84	$18.85	$19.09	$11.91	$7.31	$6.12	$7.50	$7.27	$7.07	$9.48	$9.79	$7.60	$9.65	$11.40	$11.08	$12.14	$13.78	$18.98	$22.30	$17.64	$20.03	$36.14	$24.32	$23.86	$21.17
$24.56	$23.52	$26.99	$27.47	$25.99	$25.37	$26.14	$28.11	$19.97	$14.63	$14.32	$17.04	$18.58	$22.34	$17.58	$18.88	$13.19	$10.74	$13.18	$16.07	$15.55	$14.46	$14.60	$15.16	$12.50	$11.66	$13.43	$13.42	$12.04	$10.60	$10.98	$12.05	$11.47	$10.87	$12.50	$9.11	$10.71	$9.31	$9.70	$9.66	$9.80	$5.93	$5.26	$8.17	$6.17	$5.82	$6.21	$4.32	$3.86	$5.85	$4.15	$2.96	$3.02	$2.72	$1.42	$-2.99	$-6.08	$-1.23	$-3.07	$-20.67	$-9.04	$-9.55	$-7.34
$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$-0.74	$-1.25	$-3.45	$0	$-0.47	$-0.72	$-0.05	$-0.01	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$24.56	$23.52	$26.99	$25.21	$25.99	$25.37	$26.14	$26.87	$19.97	$14.63	$14.32	$15.22	$18.58	$22.34	$17.58	$17.74	$13.19	$10.74	$13.18	$15.85	$15.55	$14.46	$14.60	$14.23	$12.50	$11.66	$13.43	$12.46	$12.04	$10.60	$10.98	$12.05	$11.47	$10.87	$12.50	$9.11	$10.71	$9.31	$9.70	$8.91	$8.55	$2.48	$5.26	$7.70	$5.46	$5.77	$6.20	$4.32	$3.86	$5.85	$4.15	$2.96	$3.02	$2.72	$1.42	$-2.99	$-6.08	$-1.23	$-3.07	$-20.67	$-9.04	$-9.55	$-7.34
$4.94	$4.73	$5.42	$5.18	$5.13	$5.01	$5.16	$5.07	$3.94	$2.89	$2.83	$3.58	$3.53	$4.24	$3.34	$3.66	$2.51	$2.04	$2.50	$2.53	$2.95	$2.75	$2.77	$2.66	$2.38	$2.22	$2.55	$4.48	$3.70	$3.26	$3.37	$3.96	$3.63	$3.44	$3.95	$2.63	$3.37	$2.75	$3.06	$2.62	$2.60	$0.97	$1.68	$2.54	$2.00	$1.76	$1.80	$1.27	$1.24	$1.86	$1.27	$0	$0.00	$0.00	$0.00	$1.96	$-0.72	$-0.86	$-0.43	$15.42	$-3.75	$-3.33	$-2.85
$19.62	$18.79	$21.56	$20.03	$20.86	$20.36	$20.97	$21.80	$16.03	$11.74	$11.49	$11.64	$15.05	$18.09	$14.24	$14.08	$10.69	$8.70	$10.67	$13.32	$12.60	$11.72	$11.82	$11.57	$10.12	$9.45	$10.88	$7.98	$8.34	$7.34	$7.62	$8.09	$7.85	$7.43	$8.55	$6.48	$7.34	$6.56	$6.65	$6.30	$5.95	$1.51	$3.58	$5.16	$3.45	$4.02	$4.40	$3.05	$2.62	$3.99	$2.88	$30.32	$3.02	$2.72	$1.42	$-4.95	$-5.36	$-0.36	$-2.64	$-36.09	$-5.29	$-6.23	$-4.49
$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$19.62	$18.79	$21.56	$20.03	$20.86	$20.36	$20.97	$21.80	$16.03	$11.74	$11.49	$11.64	$15.05	$18.09	$14.24	$14.08	$10.69	$8.70	$10.67	$13.32	$12.60	$11.72	$11.82	$11.57	$10.12	$9.45	$10.88	$7.98	$8.34	$7.34	$7.62	$8.09	$7.85	$7.43	$8.55	$6.48	$7.34	$6.56	$6.65	$6.30	$5.95	$1.51	$3.58	$5.16	$3.45	$4.02	$4.40	$3.05	$2.62	$3.99	$2.88	$30.32	$3.02	$2.72	$1.42	$-4.95	$-5.36	$-0.36	$-2.64	$-36.09	$-5.29	$-6.23	$-4.49
$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$19.62	$18.79	$21.56	$20.03	$20.86	$20.36	$20.97	$21.80	$16.03	$11.74	$11.49	$11.64	$15.05	$18.09	$14.24	$14.08	$10.69	$8.70	$10.67	$13.32	$12.60	$11.72	$11.82	$11.57	$10.12	$9.45	$10.88	$7.98	$8.34	$7.34	$7.62	$8.09	$7.85	$7.43	$8.55	$6.48	$7.34	$6.56	$6.65	$6.30	$5.95	$1.51	$3.58	$5.16	$3.45	$4.02	$4.40	$3.05	$2.62	$3.29	$2.55	$29.99	$2.68	$2.38	$1.09	$-5.28	$-5.68	$-0.68	$-2.96	$-36.41	$-5.61	$-6.39	$-4.49
$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$1.22	$1.17	$1.34	$1.25	$1.30	$1.27	$1.31	$1.37	$1.01	$0.74	$0.73	$0.75	$0.95	$1.12	$0.87	$0.86	$0.66	$0.54	$0.65	$0.81	$0.77	$0.71	$0.72	$0.69	$0.61	$0.57	$0.66	$0.48	$0.51	$0.45	$0.46	$0.50	$0.48	$0.46	$0.52	$0.40	$0.45	$0.39	$0.39	$0.39	$0.35	$0.13	$0.41	$0.59	$0.40	$0.46	$0.51	$0.35	$0.30	$0.38	$0.30	$3.48	$0.31	$0.28	$0.13	$-0.62	$-0.67	$-0.08	$-0.35	$-4.29	$-0.66	$-0.75	$-0.53
$1.22	$1.17	$1.34	$1.25	$1.30	$1.27	$1.31	$1.37	$1.01	$0.74	$0.73	$0.75	$0.95	$1.12	$0.87	$0.86	$0.66	$0.54	$0.65	$0.81	$0.77	$0.71	$0.72	$0.69	$0.61	$0.57	$0.66	$0.48	$0.51	$0.45	$0.46	$0.50	$0.48	$0.46	$0.52	$0.39	$0.45	$0.39	$0.39	$0.39	$0.35	$0.13	$0.41	$0.59	$0.40	$0.46	$0.50	$0.36	$0.30	$0.36	$0.28	$3.38	$0.30	$0.27	$0.12	$-0.62	$-0.67	$-0.08	$-0.35	$-4.29	$-0.66	$-0.75	$-0.53