Mercantile Bank

Mercantile Bank

Quarterly Financials

Values in thousands2026-06-302026-03-312025-12-312025-09-30
Revenue
$98,194
$96,514
$93,310
$96,031
Gross Profit
68,756
68,789
61,371
62,190
EBITDA
32,878
28,979
26,034
28,784
EBIT
31,181
27,282
24,645
27,440
Net Income
25,927
22,685
22,841
23,758
Net Change In Cash
98,194
96,514
93,310
96,031
Free Cash Flow
14,941
27,371
5,422
20,466
Cash
48,431
48,431
473,324
477,019
Basic Shares
17,257
17,237
16,263
16,229

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
2026-06-30
$1.53
2026-03-31
$1.46
2025-12-31
$1.40
2025-09-30
$1.46