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Mercantile Bank Corporation MBWM Total Interest Expense

Total Interest Expense at other companies

Huntington Bancshares logo
Huntington BancsharesHBAN
$1.05B+27.5%
Western New England Bancorp logo
Western New England BancorpWNEB
$10.36M-0.8%
Ameris Bancorp logo
Ameris BancorpABCB
$99M-7.3%
BankUnited logo
BankUnitedBKU
$146.61M-14.1%
Merchants Bancorp logo
Merchants BancorpMBIN
$3.09M-57.8%
Fifth Third Bank logo
Fifth Third BankFITB

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$1.05B+44.9%
P/E11×+2.1×
P/S+0.9×

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:InterestExpenseDeposits.

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 total interest expense?
Mercantile Bank Corporation (MBWM) reported total interest expense of $23.14M in Q2 2026.
How has Mercantile Bank Corporation's total interest expense changed year-over-year?
Mercantile Bank Corporation's total interest expense decreased by 10.0% year-over-year, from $25.73M to $23.14M.
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.

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