Skip to content

Mercantile Bank Corporation MBWM Eastern Michigan Bank — Net Income Loss

Other segment segments

Mercantile Bank
$23.82M

Similar metrics at other companies

Merchants Bancorp logo
MBINBanking — Net Income Loss
$37.98M-19.4%
Peapack-Gladstone Financial logo
PGCBanking — Net Income Loss
$8.6M+203%
JPMorgan Chase logo
JPMEMEA — Net Income Loss
$1.7B+1.5%
Hanmi Financial logo
HAFCBanking — Net Income Loss
$22.56M+27.6%
Great Southern Bancorp logo
GSBCBanking — Net Income Loss
$17.48M+1.8%
NBT
NBTBBanking — Net Income Loss
$44.89M+50.0%

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+35.3%
P/E10.5×+1.3×
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:NetIncomeLoss.

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 eastern michigan bank — net income loss.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Mercantile Bank Corporation's eastern michigan bank — net income loss?
Mercantile Bank Corporation (MBWM) reported eastern michigan bank — net income loss of $1.97M in Q1 2026.
What does eastern michigan bank — net income loss mean?
This metric represents the final net profit or loss attributable to the Eastern Michigan Bank segment after all operating expenses, provisions, and taxes. It is the ultimate measure of the segment's financial performance and contribution to the bank's total earnings.