Quick Answer
MERCANTILE BANK CORP reported Net Income of $88.75 million for fiscal year 2025.
MERCANTILE BANK CORP — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net Income | $88.75M +11.5% |
$79.59M -3.2% |
$82.22M +34.6% |
$61.06M +3.5% |
$59.02M +33.7% |
$44.14M -10.8% |
| Diluted EPS | $5.47 +11.0% |
$4.93 -3.9% |
$5.13 +33.2% |
$3.85 +4.3% |
$3.69 +36.2% |
$2.71 -10.0% |
| Total Assets | $6.84B +12.9% |
$6.05B +13.1% |
$5.35B +9.9% |
$4.87B -7.3% |
$5.26B +18.5% |
$4.44B +22.1% |
| Cash and Equivalents | — | — | — | — | — | — |
| Stockholders Equity | $724.88M +24.0% |
$584.53M +11.9% |
$522.14M +18.3% |
$441.41M -3.3% |
$456.56M +3.4% |
$441.55M +6.0% |
| Shares Outstanding | 17.18M +6.4% |
16.15M +0.1% |
16.13M +0.8% |
15.99M +1.0% |
15.84M -3.0% |
16.33M -0.6% |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Net Income | September 30, 2025 | $23.76M | +21.1% | +5.0% |
| Diluted EPS | September 30, 2025 | $1.46 | +19.7% | +5.0% |
| Total Assets | September 30, 2025 | $6.31B | +6.6% | +2.1% |
| Cash and Equivalents | March 31, 2013 | $114.78M | +35.0% | -15.6% |
| Stockholders Equity | September 30, 2025 | $657.63M | +12.7% | +4.1% |
| Shares Outstanding | September 30, 2025 | 16.25M | +0.7% | +0.0% |
- MERCANTILE BANK CORP reported Net Income of $88.75 million for fiscal year 2025.
- MERCANTILE BANK CORP showed an increase of +11.5% in Net Income compared to the prior fiscal year.
- MERCANTILE BANK CORP reported Diluted EPS of $5.47 per share for fiscal year 2025.
- MERCANTILE BANK CORP showed an increase of +11.0% in Diluted EPS compared to the prior fiscal year.
- MERCANTILE BANK CORP reported Total Assets of $6.84 billion for fiscal year 2025.
- MERCANTILE BANK CORP showed an increase of +12.9% in Total Assets compared to the prior fiscal year.
- MERCANTILE BANK CORP reported Cash and Equivalents of $136.00 million for fiscal year 2012.
- MERCANTILE BANK CORP showed an increase of +78.1% in Cash and Equivalents compared to the prior fiscal year.
- MERCANTILE BANK CORP reported Stockholders Equity of $724.88 million for fiscal year 2025.
- MERCANTILE BANK CORP showed an increase of +24.0% in Stockholders Equity compared to the prior fiscal year.
- MERCANTILE BANK CORP reported Shares Outstanding of 17.18 million shares for fiscal year 2025.
- MERCANTILE BANK CORP showed an increase of +6.4% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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