What does mercantile bank — interest expense operating mean?

This reflects the total costs incurred by the banking segment to fund its operations, primarily through interest paid on customer deposits, borrowings, and other liabilities. Monitoring this metric is essential for assessing the segment's cost of funds and its sensitivity to interest rate fluctuations.

Mercantile Bank Corporation MBWM Mercantile Bank — Interest Expense Operating

Other segment segments

Eastern Michigan Bank

$612K—

Similar metrics at other companies

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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+36.5%

P/E10.5×+1.4×

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 / equity0×—

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 →

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Questions, answered.

What is Mercantile Bank Corporation's mercantile bank — interest expense operating?: Mercantile Bank Corporation (MBWM) reported mercantile bank — interest expense operating of $27.46M in Q1 2026.
What does mercantile bank — interest expense operating mean?: This reflects the total costs incurred by the banking segment to fund its operations, primarily through interest paid on customer deposits, borrowings, and other liabilities. Monitoring this metric is essential for assessing the segment's cost of funds and its sensitivity to interest rate fluctuations.