Mercantile Bank

Mercantile Bank

Quarterly Financials

Values in thousands2026-09-302026-06-302026-03-312025-12-31
Revenue
$102,572
$98,194
$96,514
$93,310
Gross Profit
72,503
68,756
68,789
61,371
EBITDA
28,950
32,359
28,979
26,034
EBIT
31,181
27,282
24,645
Net Income
24,072
25,927
22,685
22,841
Net Change In Cash
102,572
98,194
96,514
93,310
Free Cash Flow
45,519
14,941
27,371
5,422
Cash
628,498
69,802
579,304
473,324
Basic Shares
17,286
17,257
17,237
16,263

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
107,890
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
2026-09-30
$1.42
2026-06-30
$1.53
2026-03-31
$1.46
2025-12-31
$1.40