What does mercantile bank — noninterest expense mean?

This represents the operating costs required to run the banking segment, including personnel expenses, occupancy costs, technology investments, and professional fees. It is a primary metric for evaluating the segment's operational efficiency and cost management discipline.

Mercantile Bank Corporation MBWM Mercantile Bank — Noninterest Expense

Other segment segments

Eastern Michigan Bank

$4.05M—

Similar metrics at other companies

OFGBanking — Noninterest Expense

$87.36M0.0%

TMPBanking — Noninterest expense

$43.58M+9.8%

NBT

NBTBBanking — Noninterest Expense

$101.24M+13.1%

MBINBanking — Noninterest Expense

$27.75M+60.3%

HTHBanking — Noninterest Expense

$60.98M+17.4%

ALRSBanking — Noninterest Expense

$27.39M-6.2%

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 / equity0×—

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:NoninterestExpense.

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 mercantile bank — noninterest expense.

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

Connect your AI

Claude

Questions, answered.

What is Mercantile Bank Corporation's mercantile bank — noninterest expense?: Mercantile Bank Corporation (MBWM) reported mercantile bank — noninterest expense of $36.02M in Q1 2026.
What does mercantile bank — noninterest expense mean?: This represents the operating costs required to run the banking segment, including personnel expenses, occupancy costs, technology investments, and professional fees. It is a primary metric for evaluating the segment's operational efficiency and cost management discipline.