MBWM Q3 2025 Earnings — Mercantile Bank Corporation Revenue & Financial Results | Market Cap Arena

MBWMMercantile Bank Corporation

$872M

Q3 2025 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$96M+3.2% YoY

Gross Profit

$62M64.8% margin

Operating Income

$27M28.6% margin

Net Income

$24M24.7% margin

EPS (Diluted)

$1.46

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$20M

Stock-Based Comp.

$929,000

Balance Sheet

Total Assets

$6.3B

Total Liabilities

$5.7B

Stockholders' Equity

$658M

Cash & Equivalents

$477M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$96M	$93M	+3.2%
Gross Profit	$62M	$57M	+9.4%
Operating Income	$27M	$25M	+11.7%
Net Income	$24M	$20M	+21.1%

Revenue Segments

Credit and Debit Card

$2M43%

Service Charges on Deposit and Sweep Accounts

$2M37%

Payroll Processing

$825,00015%

Customer Service

$298,0005%