MBWM Q2 2025 Earnings — Mercantile Bank Corporation Revenue & Financial Results | Market Cap Arena

MBWMMercantile Bank Corporation

$872M

Q2 2025 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$93M+5.5% YoY

Gross Profit

$59M63.5% margin

Operating Income

$26M27.8% margin

Net Income

$23M24.2% margin

EPS (Diluted)

$1.39

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$10M

Stock-Based Comp.

$937,000

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$5.5B

Stockholders' Equity

$632M

Cash & Equivalents

$296M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$93M	$89M	+5.5%
Gross Profit	$59M	$53M	+11.4%
Operating Income	$26M	$24M	+10.4%
Net Income	$23M	$19M	+20.4%

Revenue Segments

Credit and Debit Card

$2M45%

Service Charges on Deposit and Sweep Accounts

$2M37%

Payroll Processing

$783,00015%

Customer Service

$179,0003%