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Discontinued — last reported Q1 '26

Net Interest Income at other companies

Fifth Third Bank logo
Fifth Third BankFITB
$1.93B+34.6%
Huntington Bancshares logo
Huntington BancsharesHBAN
$1.89B+32.6%
First Merchants Corporation logo
First Merchants CorporationFRME
$151.3M+16.1%
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
$78.42M+11.2%
Amerant Bancorp logo
Amerant BancorpAMTB
$80.28M-6.5%
Shore Bancshares logo
Shore BancsharesSHBI
$52.56M+14.5%

Segments

By segment

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Mercantile Bank$52.02M
Eastern Michigan Bank$5.87M

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 / equity

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNet.

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 interest income?
Mercantile Bank Corporation (MBWM) reported net interest income of $55.9M in Q1 2026.
How has Mercantile Bank Corporation's net interest income changed year-over-year?
Mercantile Bank Corporation's net interest income increased by 15.1% year-over-year, from $48.55M to $55.9M.
What is the long-term trend for Mercantile Bank Corporation's net interest income?
Over 2 years (2023 to 2025), Mercantile Bank Corporation's net interest income has grown at a 1.9% compound annual growth rate (CAGR), from $193.54M to $201.04M.
What does net interest income mean?
The difference between interest earned on assets, such as loans and securities, and interest paid on liabilities, such as deposits and borrowings. It serves as the primary indicator of a bank's core profitability and its ability to manage interest rate risk.