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Net Income at other companies

Fifth Third Bank logo
Fifth Third BankFITB
$801M+27.5%
Huntington Bancshares logo
Huntington BancsharesHBAN
$731M+34.9%
Western New England Bancorp logo
Western New England BancorpWNEB
$3.6M-21.6%
Ameris Bancorp logo
Ameris BancorpABCB
$51.45M-53.2%
International Bancshares logo
International BancsharesIBOC
$95.81M-4.3%
BankUnited logo
BankUnitedBKU
$70.66M+2.8%

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$68.8M+12.8%
Net income$25.9M+14.6%
EPS (diluted)$1.50+7.9%

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$1.06B+46.1%
P/E11.1×+2.2×
P/S4.1×+1.0×

Profitability

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Net margin36.5%+1.8pp
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 source filing: Mercantile Bank Corporation’s 8-K, filed July 21, 2026. Open the filing →

Filed
Jul 21, 2026, 9:01 AM EDT
Accession
0001437749-26-023919

FAQ

What is Mercantile Bank Corporation's net income?
Mercantile Bank Corporation (MBWM) reported net income of $25.93M in Q2 2026.
How has Mercantile Bank Corporation's net income changed year-over-year?
Mercantile Bank Corporation's net income increased by 14.6% year-over-year, from $22.62M to $25.93M.
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?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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