MERCANTILE BANK CORP Income Statement
MBWM / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
N/A
FY2025
Gross Profit
N/A
FY2025
Operating Income
N/A
FY2025
Net Income
$89M
FY2025
Key Data Points
- Piotroski F-Score: 2/9 criteria passed
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Expense | $201.0M | $191.1M | $193.5M | $158.2M | $19.4M | $26.1M | $33.8M | $21.9M | $15.8M | $12.6M | $11.2M | $11.3M | $10.8M | $13.2M | $19.8M |
| Income Tax | $14.7M | $18.7M | $20.5M | $14.7M | $14.7M | $10.7M | $11.0M | $9.8M | $14.8M | $15.0M | $11.8M | $7.9M | $8.1M | $5.6M | -$27.4M |
| Net Income | $88.8M | $79.6M | $82.2M | $61.1M | $59.0M | $44.1M | $49.5M | $42.0M | $31.3M | $31.9M | $27.0M | $17.3M | $17.0M | $12.5M | $37.5M |
| EPS (Basic) | $5.47 | $4.93 | $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 |
| EPS (Diluted) | $5.47 | $4.93 | $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 |
| Shares Outstanding | - | 16.1M | 16.0M | 15.9M | 16.0M | 16.3M | 16.4M | 16.6M | 16.5M | 16.3M | 16.6M | 13.5M | 8.7M | 8.8M | 8.9M |