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Discontinued — last reported Q2 '26

Interest Expense at other companies

Fifth Third Bank logo
Fifth Third BankFITB
$1.16B+17.0%
Huntington Bancshares logo
Huntington BancsharesHBAN
$1.33B+22.1%
Western New England Bancorp logo
Western New England BancorpWNEB
$11.46M-4.3%
Ameris Bancorp logo
Ameris BancorpABCB
$113.09M-2.4%
International Bancshares logo
International BancsharesIBOC
$49.31M-7.8%
BankUnited logo
BankUnitedBKU
$171.18M-17.6%

Segments

By segment

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Mercantile Bank$27.46M
Eastern Michigan Bank$612K

Other financials

Income statement

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Revenue$68.8M+12.8%
Net income$25.9M+14.6%
EPS (diluted)$1.50+7.9%

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$1.05B+44.7%
P/E11×+2.1×
P/S+0.9×

Profitability

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Net margin36.5%+1.8pp
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:InterestExpenseOperating.

The source filing: Mercantile Bank Corporation’s 8-K, filed July 21, 2026. Open the filing →

Filed
Jul 21, 2026, 9:01 AM EDT
Accession
0001437749-26-023919

FAQ

What is Mercantile Bank Corporation's interest expense?
Mercantile Bank Corporation (MBWM) reported interest expense of $29.44M in Q2 2026.
How has Mercantile Bank Corporation's interest expense changed year-over-year?
Mercantile Bank Corporation's interest expense decreased by 9.4% year-over-year, from $32.48M to $29.44M.
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.

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