What does mercantile bank — net income loss mean?

This represents the final bottom-line profit or loss generated by the banking segment after all revenues, expenses, provisions, and taxes have been accounted for. It is the ultimate measure of the segment's financial performance and its contribution to the parent company's total earnings.

Mercantile Bank Corporation MBWM Mercantile Bank — Net Income Loss

Other segment segments

Eastern Michigan Bank

$1.97M—

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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

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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 / equity0×—

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 →

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Questions, answered.

What is Mercantile Bank Corporation's mercantile bank — net income loss?: Mercantile Bank Corporation (MBWM) reported mercantile bank — net income loss of $23.82M in Q1 2026.
What does mercantile bank — net income loss mean?: This represents the final bottom-line profit or loss generated by the banking segment after all revenues, expenses, provisions, and taxes have been accounted for. It is the ultimate measure of the segment's financial performance and its contribution to the parent company's total earnings.