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Mercantile Bank Corporation MBWM Net (decrease) increase in time deposits

Net (decrease) increase in time deposits at other companies

First Merchants Corporation logo
First Merchants CorporationFRME
-$206.19M-52.4%
Amerant Bancorp logo
Amerant BancorpAMTB
$51.37M+171%
International Bancshares logo
International BancsharesIBOC
$39.81M-13.7%

Other financials

Income statement

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Revenue$67.6M+18.1%
Net income$22.7M+16.1%
EPS (diluted)$1.32+9.1%

Cash flow

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Operating cash flow$28.3M+1,051%
CapEx$938.0K-39.0%
Free cash flow$27.4M+706%

Valuation

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Market cap$963.74M+35.3%
P/E10.5×+1.3×
P/S3.8×+0.7×

Profitability

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Net margin36.3%+2.7pp
FCF margin17%

Returns & leverage

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Return on equity8.6%
Debt / equity

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInTimeDeposits.

The official record: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mercantile Bank Corporation's net (decrease) increase in time deposits?
Mercantile Bank Corporation (MBWM) reported net (decrease) increase in time deposits of -$33.72M in Q1 2026.
How has Mercantile Bank Corporation's net (decrease) increase in time deposits changed year-over-year?
Mercantile Bank Corporation's net (decrease) increase in time deposits decreased by 596.1% year-over-year, from $6.8M to -$33.72M.
What is the long-term trend for Mercantile Bank Corporation's net (decrease) increase in time deposits?
Over 2 years (2021 to 2024), Mercantile Bank Corporation's net (decrease) increase in time deposits has grown at a 15.1% compound annual growth rate (CAGR), from -$120.51M to $159.73M.
What does net (decrease) increase in time deposits mean?
The net change in customer deposits held in certificates of deposit or other time-bound accounts over a specific period. This reflects the bank's ability to attract and retain stable, interest-bearing core funding.