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Mercantile Bank Corporation MBWM Interest Expense Deferred Compensation Plan

Interest Expense Deferred Compensation Plan 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 mbwm:InterestExpenseDeferredCompensationPlan.

The official record: Mercantile Bank Corporation’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mercantile Bank Corporation's interest expense deferred compensation plan?
Mercantile Bank Corporation (MBWM) reported interest expense deferred compensation plan of $25K in Q4 2025.
How has Mercantile Bank Corporation's interest expense deferred compensation plan changed year-over-year?
Mercantile Bank Corporation's interest expense deferred compensation plan decreased by 0.0% year-over-year, from $25K to $25K.
What is the long-term trend for Mercantile Bank Corporation's interest expense deferred compensation plan?
Over 2 years (2023 to 2025), Mercantile Bank Corporation's interest expense deferred compensation plan has grown at a 0.0% compound annual growth rate (CAGR), from $100K to $100K.
What does interest expense deferred compensation plan mean?
The interest expense accrued on liabilities related to employee deferred compensation plans. This represents the cost of carrying these long-term obligations and reflects the company's internal financing costs associated with employee benefit programs.