undamentalytics Newsletter
Sign in

Mercantile Bank Corp revenue

Mercantile Bank Corp's revenue was $243m in fiscal 2025, up 4.8% on the year before. Since fiscal 2009 ($58.9m) it has grown at a compound 9.3% a year. Over the last twelve months it was $272m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue596659555488117127129139151167180190226231243272
Growth on the year before—+11.4%−10.8%−6.5%−0.7%+61.6%+33.5%+8.3%+1.5%+8.0%+8.9%+10.5%+7.7%+5.6%+18.6%+2.6%+4.8%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Credit and Debit Card $9.2M ▲ 4.4%
Service Charges On Deposit and Sweep Accounts $8.1M ▲ 18.9%
Payroll Processing $3.5M ▲ 13.6%
Interest Rate Swap Fees $2M ▼ 39.0%
Customer Service $876,000 ▲ 9.9%

These categories overlap or exclude eliminations, so shares aren't shown.

From Mercantile Bank Corp's 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Regional Banks: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Mercantile Bank Corp $272m 13.6% 6.1%
HBT Financial, Inc. $269m 15.6% 8.8%
First Financial Corp $276m 12.4% 8.6%
Camden National Corp $265m 23.4% 13.5%
Southside Bancshares Inc $278m 15.9% 2.1%
MID Penn Bancorp Inc $265m 35.8% 15.3%

Compare with peers

Head to head: HBT vs MBWMMBWM vs THFFCAC vs MBWMMBWM vs SBSI

More: Regional Banks stocks compared, Financials sector, rankings of US companies

Figures from Mercantile Bank Corp's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Mercantile Bank Corp.