Skip to content

Mercantile Bank Corporation MBWM Total Interest Expense

Total Interest Expense at other companies

Huntington Bancshares logo
Huntington BancsharesHBAN
$920M+13.6%
First Merchants Corporation logo
First Merchants CorporationFRME
$84.09M+4.4%
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
$35.46M+2.5%
Shore Bancshares logo
Shore BancsharesSHBI
$1.57M+15.2%
Bank First Corporation logo
Bank First CorporationBFC
$20.05M+19.0%
Fifth Third Bank logo
Fifth Third BankFITB

Other financials

Income statement

See full
Revenue$67.6M+18.1%
Net income$22.7M+16.1%
EPS (diluted)$1.32+9.1%

Cash flow

See full
Operating cash flow$28.3M+1,051%
CapEx$938.0K-39.0%
Free cash flow$27.4M+706%

Valuation

See full
Market cap$963.74M+35.3%
P/E10.5×+1.3×
P/S3.8×+0.7×

Profitability

See full
Net margin36.3%+2.7pp
FCF margin17%

Returns & leverage

See full
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:InterestExpenseDeposits.

The official record: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

Ask your AI about Mercantile Bank Corporation's total interest expense.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Mercantile Bank Corporation's total interest expense?
Mercantile Bank Corporation (MBWM) reported total interest expense of $23.25M in Q1 2026.
How has Mercantile Bank Corporation's total interest expense changed year-over-year?
Mercantile Bank Corporation's total interest expense decreased by 7.7% year-over-year, from $25.19M to $23.25M.
What is the long-term trend for Mercantile Bank Corporation's total interest expense?
Over 2 years (2023 to 2025), Mercantile Bank Corporation's total interest expense has grown at a 36.0% compound annual growth rate (CAGR), from $55.44M to $102.51M.
What does total interest expense mean?
The aggregate cost incurred by the bank on interest-bearing liabilities, including customer deposits, wholesale borrowings, and subordinated debt. This represents the primary cost of funding for the institution's lending and investment activities.