Mercantile Bank

Quarterly Financials

Values in thousands2026-03-312025-12-312025-09-302025-06-30
Revenue
$96,514
$93,310
$96,031
$93,420
Gross Profit
68,789
61,371
62,190
59,341
EBITDA
27,282
24,645
28,784
27,379
EBIT
27,440
25,962
Net Income
22,685
22,841
23,758
22,618
Net Change In Cash
96,514
93,310
96,031
93,420
Free Cash Flow
27,371
5,422
20,466
-10,166
Cash
48,431
473,324
477,019
296,072
Basic Shares
17,237
16,263
16,229
16,219

Annual Financials

Values in thousands2025-12-312024-12-312023-12-312022-12-31
Revenue
$371,801
$361,891
$303,501
$213,916
Gross Profit
238,052
224,075
217,988
183,771
EBITDA
106,501
108,791
114,195
88,735
EBIT
102,093
98,286
102,699
75,790
Net Income
88,754
79,593
82,217
61,063
Net Change In Cash
371,801
361,891
303,501
213,916
Cost of Revenue
-878,388
Free Cash Flow
11,209
92,588
59,926
116,845
Cash
473,324
393,010
130,533
96,772
Basic Shares
16,263
16,131
16,016
15,860

Earnings Calls

QuarterEPS
2026-03-31
$1.46
2025-12-31
$1.40
2025-09-30
$1.46
2025-06-30
$1.39