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Net Income at other companies

Fifth Third Bank logo
Fifth Third BankFITB
$165M-68.0%
Huntington Bancshares logo
Huntington BancsharesHBAN
$523M-0.8%
Shore Bancshares logo
Shore BancsharesSHBI
$17.09M+24.1%
Bank First Corporation logo
Bank First CorporationBFC
$19.99M+9.6%
Banner Corporation logo
Banner CorporationBANR
$54.72M+21.2%
Ameris Bancorp logo
Ameris BancorpABCB
$110.49M+25.7%

Segments

By segment

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Mercantile Bank$23.82M
Eastern Michigan Bank$1.97M

Other financials

Income statement

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Revenue$67.6M+18.1%
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$972.03M+36.5%
P/E10.6×+1.4×
P/S3.8×+0.8×

Profitability

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Net margin36.3%+2.7pp
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: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 net income?
Mercantile Bank Corporation (MBWM) reported net income of $22.69M in Q1 2026.
How has Mercantile Bank Corporation's net income changed year-over-year?
Mercantile Bank Corporation's net income increased by 16.1% year-over-year, from $19.54M to $22.69M.
What is the long-term trend for Mercantile Bank Corporation's net income?
Over 4 years (2021 to 2025), Mercantile Bank Corporation's net income has grown at a 10.7% compound annual growth rate (CAGR), from $59.02M to $88.75M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.