Mercantile Bank annual operating expenses
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2025
Mercantile Bank Operating Expenses Growth & History (MBWM)
Mercantile Bank's operating expenses was $136.0M for fiscal 2025.
View full Mercantile Bank company overviewMercantile Bank annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $136.0M | $10.2M | +8.08% |
| 2024 | 2024-12-31 | $125.8M | $10.5M | +9.11% |
| 2023 | 2023-12-31 | $115.3M | $7.3M | +6.77% |
| 2022 | 2022-12-31 | $108.0M | −$2.9M | −2.60% |
| 2021 | 2021-12-31 | $110.9M | $12.3M | +12.53% |
| 2020 | 2020-12-31 | $98.5M | $9.2M | +10.35% |
| 2019 | 2019-12-31 | $89.3M | $3.1M | +3.61% |
| 2018 | 2018-12-31 | $86.2M | $6.5M | +8.10% |
| 2017 | 2017-12-31 | $79.7M | $2.6M | +3.37% |
| 2016 | 2016-12-31 | $77.1M | −$2.3M | −2.85% |
| 2015 | 2015-12-31 | $79.4M | $13.8M | +20.99% |
| 2014 | 2014-12-31 | $65.6M | $29.2M | +80.23% |
| 2013 | 2013-12-31 | $36.4M | −$3.2M | −8.13% |
| 2012 | 2012-12-31 | $39.6M | −$1.9M | −4.51% |
| 2011 | 2011-12-31 | $41.5M | −$5.7M | −12.00% |
| 2010 | 2010-12-31 | $47.2M | $668,000 | +1.44% |
| 2009 | 2009-12-31 | $46.5M | — | — |
Mercantile Bank quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $39.4M | $6.0M | +17.96% |
| Q1 2026 | 2026-03-31 | $42.1M | $11.0M | +35.37% |
| Q4 2025 | 2025-12-31 | $36.7M | $2.9M | +8.64% |
| Q3 2025 | 2025-09-30 | $34.8M | $2.4M | +7.58% |
| Q2 2025 | 2025-06-30 | $33.4M | $3.6M | +12.25% |
| Q1 2025 | 2025-03-31 | $31.1M | $1.2M | +3.87% |
| Q4 2024 | 2024-12-31 | $33.8M | $3.9M | +12.91% |
| Q3 2024 | 2024-09-30 | $32.3M | $3.4M | +11.70% |
| Q2 2024 | 2024-06-30 | $29.7M | $1.9M | +6.86% |
| Q1 2024 | 2024-03-31 | $29.9M | $1.3M | +4.70% |
| Q4 2023 | 2023-12-31 | $29.9M | $1.4M | +5.00% |
| Q3 2023 | 2023-09-30 | $28.9M | $2.1M | +7.98% |
| Q2 2023 | 2023-06-30 | $27.8M | $887,000 | +3.29% |
| Q1 2023 | 2023-03-31 | $28.6M | $2.9M | +11.10% |
| Q4 2022 | 2022-12-31 | $28.5M | −$4.8M | −14.49% |
| Q3 2022 | 2022-09-30 | $26.8M | $573,000 | +2.19% |
| Q2 2022 | 2022-06-30 | $26.9M | $750,000 | +2.86% |
| Q1 2022 | 2022-03-31 | $25.7M | $625,000 | +2.49% |
| Q4 2021 | 2021-12-31 | $33.3M | $7.4M | +28.55% |
| Q3 2021 | 2021-09-30 | $26.2M | −$213,000 | −0.81% |
| Q2 2021 | 2021-06-30 | $26.2M | $3.0M | +12.82% |
| Q1 2021 | 2021-03-31 | $25.1M | $2.2M | +9.49% |
| Q4 2020 | 2020-12-31 | $25.9M | $2.6M | +11.16% |
| Q3 2020 | 2020-09-30 | $26.4M | $4.4M | +19.96% |
| Q2 2020 | 2020-06-30 | $23.2M | $1.1M | +5.11% |
| Q1 2020 | 2020-03-31 | $22.9M | $1.1M | +5.08% |
| Q4 2019 | 2019-12-31 | $23.3M | $1.4M | +6.27% |
| Q3 2019 | 2019-09-30 | $22.0M | $377,000 | +1.74% |
| Q2 2019 | 2019-06-30 | $22.1M | $673,000 | +3.14% |
| Q1 2019 | 2019-03-31 | $21.8M | $683,000 | +3.23% |
| Q4 2018 | 2018-12-31 | $22.0M | $2.1M | +10.64% |
| Q3 2018 | 2018-09-30 | $21.6M | $1.4M | +7.13% |
| Q2 2018 | 2018-06-30 | $21.4M | $1.5M | +7.71% |
| Q1 2018 | 2018-03-31 | $21.1M | $1.4M | +6.93% |
| Q4 2017 | 2017-12-31 | $19.8M | $1.5M | +7.90% |
| Q3 2017 | 2017-09-30 | $20.2M | $547,000 | +2.78% |
| Q2 2017 | 2017-06-30 | $19.9M | $689,000 | +3.59% |
| Q1 2017 | 2017-03-31 | $19.8M | −$92,000 | −0.46% |
| Q4 2016 | 2016-12-31 | $18.4M | −$1.7M | −8.47% |
| Q3 2016 | 2016-09-30 | $19.7M | −$30,000 | −0.15% |
| Q2 2016 | 2016-06-30 | $19.2M | −$1.2M | −5.69% |
| Q1 2016 | 2016-03-31 | $19.9M | $627,000 | +3.26% |
| Q4 2015 | 2015-12-31 | $20.1M | $501,000 | +2.56% |
| Q3 2015 | 2015-09-30 | $19.7M | −$1.0M | −5.05% |
| Q2 2015 | 2015-06-30 | $20.4M | $4.3M | +26.67% |
| Q1 2015 | 2015-03-31 | $19.2M | $10.0M | +108.98% |
| Q4 2014 | 2014-12-31 | $19.6M | $10.5M | +115.72% |
| Q3 2014 | 2014-09-30 | $20.7M | $10.8M | +109.04% |
| Q2 2014 | 2014-06-30 | $16.1M | $7.3M | +82.30% |
| Q1 2014 | 2014-03-31 | $9.2M | $623,000 | +7.26% |
| Q4 2013 | 2013-12-31 | $9.1M | −$97,000 | −1.06% |
| Q3 2013 | 2013-09-30 | $9.9M | −$263,000 | −2.58% |
| Q2 2013 | 2013-06-30 | $8.8M | −$1.8M | −16.89% |
| Q1 2013 | 2013-03-31 | $8.6M | −$1.1M | −11.08% |
| Q4 2012 | 2012-12-31 | $9.2M | −$315,000 | −3.32% |
| Q3 2012 | 2012-09-30 | $10.2M | $210,000 | +2.11% |
| Q2 2012 | 2012-06-30 | $10.6M | $161,000 | +1.54% |
| Q1 2012 | 2012-03-31 | $9.7M | −$1.9M | −16.64% |
| Q4 2011 | 2011-12-31 | $9.5M | — | — |
| Q3 2011 | 2011-09-30 | $10.0M | −$1.9M | −16.17% |
| Q2 2011 | 2011-06-30 | $10.4M | −$999,000 | −8.73% |
| Q1 2011 | 2011-03-31 | $11.6M | — | — |
| Q3 2010 | 2010-09-30 | $11.9M | — | — |
| Q2 2010 | 2010-06-30 | $11.4M | — | — |
Mercantile Bank operating expenses trends
Over the last five fiscal years, Mercantile Bank's operating expenses increased from $98.5M to $136.0M, a change of $37.4M. The latest reported quarter, Q2 2026, shows $39.4M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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