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Mercantile Bank Corp (MBWM)

Mercantile Bank Corp (MBWM)
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[[ session ]] by (Cboe BZX)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services in a friendly, hometown banking environment.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 371,800 361,890 303,500 213,920 199,710
Sales Growth +2.74% +19.24% +41.88% +7.12% +3.21%
Net Income 88,750 79,590 82,220 61,060 59,020
Net Income Growth +11.51% -3.20% +34.65% +3.46% +33.71%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 6,835,220 6,052,160 5,353,220 4,872,620 5,257,750
Total Assets Growth +12.94% +13.06% +9.86% -7.33% +18.49%
Total Liabilities 6,110,340 5,467,640 4,831,080 4,431,210 4,801,190
Total Liabilities Growth +11.75% +13.18% +9.02% -7.71% +20.16%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 17,970 101,120 66,610 119,860 64,570
Operating Cash Flow Growth -82.23% +51.81% -44.43% +85.63% +70.46%
Net Cash Flow 80,310 262,480 33,760 -878,390 349,150
Change in Net Cash Flow -69.40% +677.49% +103.84% -351.58% -10.99%
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