Skip to content

Discontinued — last reported Q1 '26

Interest Expense at other companies

Fifth Third Bank logo
Fifth Third BankFITB
$1.04B+4.3%
Huntington Bancshares logo
Huntington BancsharesHBAN
$1.2B+12.4%
First Merchants Corporation logo
First Merchants CorporationFRME
$97.27M+5.4%
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
$39.22M-3.4%
Amerant Bancorp logo
Amerant BancorpAMTB
$52.74M-12.8%
Shore Bancshares logo
Shore BancsharesSHBI
$25.84M-14.0%

Segments

By segment

See full
Mercantile Bank$27.46M
Eastern Michigan Bank$612K

Other financials

Income statement

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

Cash flow

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

Valuation

See full
Market cap$963.74M+36.5%
P/E10.5×+1.4×
P/S3.8×+0.7×

Profitability

See full
Net margin36.3%+2.7pp
FCF margin17%

Returns & leverage

See full
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:InterestExpenseOperating.

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

Ask your AI about Mercantile Bank Corporation's interest expense.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Mercantile Bank Corporation's interest expense?
Mercantile Bank Corporation (MBWM) reported interest expense of $29.53M in Q1 2026.
How has Mercantile Bank Corporation's interest expense changed year-over-year?
Mercantile Bank Corporation's interest expense decreased by 7.1% year-over-year, from $31.79M to $29.53M.
What is the long-term trend for Mercantile Bank Corporation's interest expense?
Over 2 years (2023 to 2025), Mercantile Bank Corporation's interest expense has grown at a 28.8% compound annual growth rate (CAGR), from $77.81M to $129.15M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.