MBWM Q4 2025 Earnings — Mercantile Bank Corporation Revenue & Financial Results | Market Cap Arena

MBWMMercantile Bank Corporation

$872M

Q4 2025 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$93M+0.7% YoY

Gross Profit

$61M65.8% margin

Operating Income

$25M26.4% margin

Net Income

$23M24.5% margin

EPS (Diluted)

$1.40

QoQ Revenue Growth

-2.8%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$5M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6.8B

Total Liabilities

$6.1B

Stockholders' Equity

$725M

Cash & Equivalents

$473M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$93M	$93M	+0.7%
Gross Profit	$61M	$57M	+7.6%
Operating Income	$25M	$23M	+6.1%
Net Income	$23M	$20M	+16.4%

Revenue Segments

Credit and Debit Card

$2M41%

Service Charges on Deposit and Sweep Accounts

$2M41%

Payroll Processing

$825,00015%

Customer Service

$202,0004%