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Mercantile Bank Corporation MBWM Increase in accrued expenses and other liabilities

Increase in accrued expenses and other liabilities at other companies

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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+35.3%
P/E10.5×+1.3×
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:IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities.

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 increase in accrued expenses and other liabilities?
Mercantile Bank Corporation (MBWM) reported increase in accrued expenses and other liabilities of -$7.02M in Q1 2026.
How has Mercantile Bank Corporation's increase in accrued expenses and other liabilities changed year-over-year?
Mercantile Bank Corporation's increase in accrued expenses and other liabilities increased by 56.8% year-over-year, from -$16.26M to -$7.02M.
What is the long-term trend for Mercantile Bank Corporation's increase in accrued expenses and other liabilities?
Over 2 years (2021 to 2025), Mercantile Bank Corporation's increase in accrued expenses and other liabilities has grown at a 561.8% compound annual growth rate (CAGR), from $547K to -$23.96M.
What does increase in accrued expenses and other liabilities mean?
Captures the net change in obligations for expenses incurred but not yet paid, such as accrued compensation or taxes. This metric provides insight into the bank's short-term working capital management and timing of operational cash outflows.