Mercantile Bank Corporation
Statements
Income Statement
All figures as a percentage of revenue in the same period.
Tick rows to compare them in a chart (up to 4)
| Line item | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | LTM* |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| 31.7% | 32.8% | 35.0% | 39.9% | 38.9% | 38.4% | 38.1% | 36.5% | 35.2% | 34.2% | 28.7% | 30.0% | 32.0% | |
| 68.3% | 67.2% | 65.0% | 60.1% | 61.1% | 61.6% | 61.9% | 63.5% | 64.8% | 65.8% | 71.3% | 70.0% | 68.0% | |
| 21.5% | 25.2% | 20.8% | 20.2% | 21.8% | 25.9% | 22.0% | 20.9% | 22.0% | 23.4% | 28.0% | 25.1% | 24.6% | |
| 36.0% | 36.5% | 34.2% | 33.6% | 34.7% | 36.5% | 34.9% | 35.7% | 36.2% | 39.4% | 43.0% | 38.3% | 39.2% | |
| 32.3% | 30.7% | 30.8% | 26.6% | 26.4% | 25.1% | 27.0% | 27.8% | 28.6% | 26.4% | 28.3% | 31.8% | 28.8% | |
| 27.6% | 30.6% | 33.5% | 35.9% | 37.7% | 36.8% | 35.7% | 34.8% | 35.0% | 33.5% | 30.6% | 30.0% | 32.2% | |
| 32.3% | 30.7% | 30.8% | 26.6% | 26.4% | 25.1% | 27.0% | 27.8% | 28.6% | 26.4% | 28.3% | 31.8% | 28.8% | |
| 6.4% | 6.3% | 6.2% | 5.3% | 5.3% | 3.9% | 5.1% | 3.6% | 3.8% | 1.9% | 4.8% | 5.4% | 4.0% | |
| 25.9% | 24.4% | 24.6% | 21.2% | 21.1% | 21.2% | 21.9% | 24.2% | 24.7% | 24.5% | 23.5% | 26.4% | 24.8% | |
| 36.0% | 33.9% | 34.0% | 29.6% | 29.2% | 27.6% | 28.9% | 29.3% | 30.0% | 27.9% | 30.0% | 33.5% | 30.4% |
LTM = last twelve months (sum of the four most recent quarters).
Data as of: September 24, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.