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Discontinued — last reported Q1 '26

Pre-Tax Income at other companies

Fifth Third Bank logo
Fifth Third BankFITB
$207M-68.3%
Huntington Bancshares logo
Huntington BancsharesHBAN
$641M-1.8%
First Merchants Corporation logo
First Merchants CorporationFRME
$27.09M-57.2%
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
$46.15M+10.9%
Amerant Bancorp logo
Amerant BancorpAMTB
$22.94M+48.7%
Shore Bancshares logo
Shore BancsharesSHBI
$22.66M+24.1%

Segments

By segment

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Mercantile Bank$28.77M
Eastern Michigan Bank$2.47M

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$972.03M+36.5%
P/E10.6×+1.4×
P/S3.8×+0.8×

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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 pre-tax income?
Mercantile Bank Corporation (MBWM) reported pre-tax income of $27.28M in Q1 2026.
How has Mercantile Bank Corporation's pre-tax income changed year-over-year?
Mercantile Bank Corporation's pre-tax income increased by 13.5% year-over-year, from $24.05M to $27.28M.
What is the long-term trend for Mercantile Bank Corporation's pre-tax income?
Over 2 years (2023 to 2025), Mercantile Bank Corporation's pre-tax income has grown at a 0.4% compound annual growth rate (CAGR), from $102.7M to $103.49M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.