Mercantile Bank annual revenue
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2025
Mercantile Bank Revenue Growth & History (MBWM)
Mercantile Bank reported $242.7M in revenue for fiscal 2025, an increase of 4.83% from the previous fiscal year.
View full Mercantile Bank company overviewMercantile Bank annual revenue and growth
| Fiscal year | Period ended | Revenue | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $242.7M | $11.2M | +4.83% |
| 2024 | 2024-12-31 | $231.5M | $5.8M | +2.56% |
| 2023 | 2023-12-31 | $225.7M | $35.4M | +18.58% |
| 2022 | 2022-12-31 | $190.3M | $10.0M | +5.57% |
| 2021 | 2021-12-31 | $180.3M | $12.9M | +7.68% |
| 2020 | 2020-12-31 | $167.4M | $15.9M | +10.51% |
| 2019 | 2019-12-31 | $151.5M | $12.4M | +8.91% |
| 2018 | 2018-12-31 | $139.1M | $10.3M | +8.03% |
| 2017 | 2017-12-31 | $128.7M | $1.8M | +1.45% |
| 2016 | 2016-12-31 | $126.9M | $9.7M | +8.27% |
| 2015 | 2015-12-31 | $117.2M | $29.4M | +33.49% |
| 2014 | 2014-12-31 | $87.8M | $33.5M | +61.62% |
| 2013 | 2013-12-31 | $54.3M | −$367,000 | −0.67% |
| 2012 | 2012-12-31 | $54.7M | −$3.8M | −6.53% |
| 2011 | 2011-12-31 | $58.5M | −$7.1M | −10.78% |
| 2010 | 2010-12-31 | $65.6M | $6.7M | +11.38% |
| 2009 | 2009-12-31 | $58.9M | — | — |
Mercantile Bank quarterly revenue
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| Fiscal quarter | Period ended | Revenue | Change | YoY growth |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $68.8M | $7.8M | +12.82% |
| Q1 2026 | 2026-03-31 | $67.6M | $10.3M | +18.06% |
| Q4 2025 | 2025-12-31 | $62.1M | $3.5M | +6.04% |
| Q3 2025 | 2025-09-30 | $62.4M | $4.4M | +7.65% |
| Q2 2025 | 2025-06-30 | $60.9M | $4.2M | +7.38% |
| Q1 2025 | 2025-03-31 | $57.3M | −$979,000 | −1.68% |
| Q4 2024 | 2024-12-31 | $58.5M | $1.6M | +2.78% |
| Q3 2024 | 2024-09-30 | $58.0M | −$248,000 | −0.43% |
| Q2 2024 | 2024-06-30 | $56.8M | $1.6M | +2.82% |
| Q1 2024 | 2024-03-31 | $58.2M | $2.9M | +5.23% |
| Q4 2023 | 2023-12-31 | $57.0M | −$1.5M | −2.54% |
| Q3 2023 | 2023-09-30 | $58.2M | $8.6M | +17.22% |
| Q2 2023 | 2023-06-30 | $55.2M | $13.1M | +31.21% |
| Q1 2023 | 2023-03-31 | $55.3M | $15.2M | +37.78% |
| Q4 2022 | 2022-12-31 | $58.4M | $13.3M | +29.38% |
| Q3 2022 | 2022-09-30 | $49.7M | $3.0M | +6.35% |
| Q2 2022 | 2022-06-30 | $42.1M | −$3.4M | −7.40% |
| Q1 2022 | 2022-03-31 | $40.2M | −$2.8M | −6.59% |
| Q4 2021 | 2021-12-31 | $45.2M | −$1.0M | −2.19% |
| Q3 2021 | 2021-09-30 | $46.7M | $3.9M | +9.05% |
| Q2 2021 | 2021-06-30 | $45.4M | $3.9M | +9.32% |
| Q1 2021 | 2021-03-31 | $43.0M | $6.1M | +16.62% |
| Q4 2020 | 2020-12-31 | $46.2M | $7.7M | +20.00% |
| Q3 2020 | 2020-09-30 | $42.8M | $4.5M | +11.85% |
| Q2 2020 | 2020-06-30 | $41.6M | $4.1M | +10.96% |
| Q1 2020 | 2020-03-31 | $36.9M | −$410,000 | −1.10% |
| Q4 2019 | 2019-12-31 | $38.5M | $2.3M | +6.34% |
| Q3 2019 | 2019-09-30 | $38.3M | $3.7M | +10.81% |
| Q2 2019 | 2019-06-30 | $37.5M | $3.7M | +10.88% |
| Q1 2019 | 2019-03-31 | $37.3M | $2.7M | +7.80% |
| Q4 2018 | 2018-12-31 | $36.2M | $3.3M | +9.98% |
| Q3 2018 | 2018-09-30 | $34.5M | $1.3M | +3.91% |
| Q2 2018 | 2018-06-30 | $33.8M | $2.5M | +8.13% |
| Q1 2018 | 2018-03-31 | $34.6M | $3.2M | +10.27% |
| Q4 2017 | 2017-12-31 | $32.9M | $1.9M | +6.01% |
| Q3 2017 | 2017-09-30 | $33.2M | $1.5M | +4.77% |
| Q2 2017 | 2017-06-30 | $31.2M | $71,000 | +0.23% |
| Q1 2017 | 2017-03-31 | $31.4M | −$1.6M | −4.88% |
| Q4 2016 | 2016-12-31 | $31.0M | $1.3M | +4.49% |
| Q3 2016 | 2016-09-30 | $31.7M | $1.8M | +6.13% |
| Q2 2016 | 2016-06-30 | $31.2M | $2.1M | +7.23% |
| Q1 2016 | 2016-03-31 | $33.0M | $4.4M | +15.50% |
| Q4 2015 | 2015-12-31 | $29.7M | $1.2M | +4.20% |
| Q3 2015 | 2015-09-30 | $29.9M | $1.0M | +3.51% |
| Q2 2015 | 2015-06-30 | $29.1M | $11.2M | +62.89% |
| Q1 2015 | 2015-03-31 | $28.5M | $16.0M | +127.07% |
| Q4 2014 | 2014-12-31 | $28.5M | $14.2M | +99.55% |
| Q3 2014 | 2014-09-30 | $28.9M | $15.2M | +111.22% |
| Q2 2014 | 2014-06-30 | $17.8M | $4.8M | +36.36% |
| Q1 2014 | 2014-03-31 | $12.6M | −$711,000 | −5.35% |
| Q4 2013 | 2013-12-31 | $14.3M | $486,000 | +3.52% |
| Q3 2013 | 2013-09-30 | $13.7M | $36,000 | +0.26% |
| Q2 2013 | 2013-06-30 | $13.1M | −$367,000 | −2.73% |
| Q1 2013 | 2013-03-31 | $13.3M | −$522,000 | −3.78% |
| Q4 2012 | 2012-12-31 | $13.8M | −$558,000 | −3.89% |
| Q3 2012 | 2012-09-30 | $13.6M | −$458,000 | −3.25% |
| Q2 2012 | 2012-06-30 | $13.5M | −$1.4M | −9.49% |
| Q1 2012 | 2012-03-31 | $13.8M | −$1.4M | −9.20% |
| Q4 2011 | 2011-12-31 | $14.4M | −$1.9M | −11.50% |
| Q3 2011 | 2011-09-30 | $14.1M | −$2.3M | −14.12% |
| Q2 2011 | 2011-06-30 | $14.9M | — | — |
| Q1 2011 | 2011-03-31 | $15.2M | — | — |
| Q3 2010 | 2010-09-30 | $16.2M | — | — |
| Q2 2010 | 2010-06-30 | $16.4M | — | — |
Mercantile Bank revenue growth trends
Over the last five reported fiscal years, revenue grew from $167.4M to $242.7M, a compound annual growth rate of 7.71%. Mercantile Bank's latest reported quarter, Q2 2026, generated $68.8M in revenue, an increase of 12.82% year over year.
About the data
What revenue means
Revenue is the top-line amount a company reports from selling goods and services before expenses are deducted. Fiscal periods can differ from calendar years, so each table includes the exact period end date.
Primary source
SEC company filings
TickerStat standardizes reported company facts from SEC EDGAR. Derived growth rates use the displayed revenue values and are not company guidance or forecasts.
Review Mercantile Bank filings at SEC.gov ↗