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MERCANTILE BANK CORP financial statement history
Source-linked financial facts for MERCANTILE BANK CORP with exact reported periods, units and filing dates. Historical periods ending 2021–2025.
What this record covers
This historical reference uses a locally cached SEC companyfacts snapshot and reports periods ending from 2021 through 2025. It is not a current quotation feed, a screening recommendation or a verification of the company's present condition.
Each value retains its reported unit and exact period. Filing fiscal year describes the submitting filing and can differ from the year of a comparative fact. Values with different currencies or period boundaries are not combined.
Total assets
| Reported period | Value | Unit | Filed | Filing FY / FP | Taxonomy concept | Source filing |
|---|---|---|---|---|---|---|
| As of 2021-12-31 | 5257749000 | USD | 2023-03-03 | 2022 / FY | us-gaap:Assets | 10-K · 0001437749-23-005339 |
| As of 2022-12-31 | 4872619000 | USD | 2024-03-01 | 2023 / FY | us-gaap:Assets | 10-K · 0001437749-24-006268 |
| As of 2023-12-31 | 5353224000 | USD | 2025-03-03 | 2024 / FY | us-gaap:Assets | 10-K · 0001437749-25-005844 |
| As of 2024-12-31 | 6052161000 | USD | 2026-02-27 | 2025 / FY | us-gaap:Assets | 10-K · 0001437749-26-005997 |
| As of 2025-12-31 | 6835219000 | USD | 2026-02-27 | 2025 / FY | us-gaap:Assets | 10-K · 0001437749-26-005997 |
Cash and cash equivalents
| Reported period | Value | Unit | Filed | Filing FY / FP | Taxonomy concept | Source filing |
|---|---|---|---|---|---|---|
| As of 2021-12-31 | 59405000 | USD | 2023-03-03 | 2022 / FY | us-gaap:CashAndDueFromBanks | 10-K · 0001437749-23-005339 |
| As of 2022-12-31 | 61894000 | USD | 2024-03-01 | 2023 / FY | us-gaap:CashAndDueFromBanks | 10-K · 0001437749-24-006268 |
| As of 2023-12-31 | 70408000 | USD | 2025-03-03 | 2024 / FY | us-gaap:CashAndDueFromBanks | 10-K · 0001437749-25-005844 |
| As of 2024-12-31 | 56991000 | USD | 2026-02-27 | 2025 / FY | us-gaap:CashAndDueFromBanks | 10-K · 0001437749-26-005997 |
| As of 2025-12-31 | 54755000 | USD | 2026-02-27 | 2025 / FY | us-gaap:CashAndDueFromBanks | 10-K · 0001437749-26-005997 |
Property, plant and equipment
| Reported period | Value | Unit | Filed | Filing FY / FP | Taxonomy concept | Source filing |
|---|---|---|---|---|---|---|
| As of 2021-12-31 | 57298000 | USD | 2023-03-03 | 2022 / FY | us-gaap:PropertyPlantAndEquipmentNet | 10-K · 0001437749-23-005339 |
| As of 2022-12-31 | 51476000 | USD | 2024-03-01 | 2023 / FY | us-gaap:PropertyPlantAndEquipmentNet | 10-K · 0001437749-24-006268 |
| As of 2023-12-31 | 50928000 | USD | 2025-03-03 | 2024 / FY | us-gaap:PropertyPlantAndEquipmentNet | 10-K · 0001437749-25-005844 |
| As of 2024-12-31 | 53427000 | USD | 2026-02-27 | 2025 / FY | us-gaap:PropertyPlantAndEquipmentNet | 10-K · 0001437749-26-005997 |
| As of 2025-12-31 | 62468000 | USD | 2026-02-27 | 2025 / FY | us-gaap:PropertyPlantAndEquipmentNet | 10-K · 0001437749-26-005997 |
Total liabilities
| Reported period | Value | Unit | Filed | Filing FY / FP | Taxonomy concept | Source filing |
|---|---|---|---|---|---|---|
| As of 2021-12-31 | 4801190000 | USD | 2023-03-03 | 2022 / FY | us-gaap:Liabilities | 10-K · 0001437749-23-005339 |
| As of 2022-12-31 | 4431211000 | USD | 2024-03-01 | 2023 / FY | us-gaap:Liabilities | 10-K · 0001437749-24-006268 |
| As of 2023-12-31 | 4831079000 | USD | 2025-03-03 | 2024 / FY | us-gaap:Liabilities | 10-K · 0001437749-25-005844 |
| As of 2024-12-31 | 5467635000 | USD | 2026-02-27 | 2025 / FY | us-gaap:Liabilities | 10-K · 0001437749-26-005997 |
| As of 2025-12-31 | 6110335000 | USD | 2026-02-27 | 2025 / FY | us-gaap:Liabilities | 10-K · 0001437749-26-005997 |
Stockholders equity
| Reported period | Value | Unit | Filed | Filing FY / FP | Taxonomy concept | Source filing |
|---|---|---|---|---|---|---|
| As of 2021-12-31 | 456559000 | USD | 2025-03-03 | 2024 / FY | us-gaap:StockholdersEquity | 10-K · 0001437749-25-005844 |
| As of 2022-12-31 | 441408000 | USD | 2026-02-27 | 2025 / FY | us-gaap:StockholdersEquity | 10-K · 0001437749-26-005997 |
| As of 2023-12-31 | 522145000 | USD | 2026-02-27 | 2025 / FY | us-gaap:StockholdersEquity | 10-K · 0001437749-26-005997 |
| As of 2024-12-31 | 584526000 | USD | 2026-02-27 | 2025 / FY | us-gaap:StockholdersEquity | 10-K · 0001437749-26-005997 |
| As of 2025-12-31 | 724884000 | USD | 2026-02-27 | 2025 / FY | us-gaap:StockholdersEquity | 10-K · 0001437749-26-005997 |
Net income
| Reported period | Value | Unit | Filed | Filing FY / FP | Taxonomy concept | Source filing |
|---|---|---|---|---|---|---|
| 2021-01-01 to 2021-12-31 | 59021000 | USD | 2024-03-01 | 2023 / FY | us-gaap:NetIncomeLoss | 10-K · 0001437749-24-006268 |
| 2022-01-01 to 2022-12-31 | 61063000 | USD | 2025-03-03 | 2024 / FY | us-gaap:NetIncomeLoss | 10-K · 0001437749-25-005844 |
| 2023-01-01 to 2023-12-31 | 82217000 | USD | 2026-02-27 | 2025 / FY | us-gaap:NetIncomeLoss | 10-K · 0001437749-26-005997 |
| 2024-01-01 to 2024-12-31 | 79593000 | USD | 2026-02-27 | 2025 / FY | us-gaap:NetIncomeLoss | 10-K · 0001437749-26-005997 |
| 2025-01-01 to 2025-12-31 | 88753000 | USD | 2026-02-27 | 2025 / FY | us-gaap:NetIncomeLoss | 10-K · 0001437749-26-005997 |
Diluted earnings per share
| Reported period | Value | Unit | Filed | Filing FY / FP | Taxonomy concept | Source filing |
|---|---|---|---|---|---|---|
| 2021-01-01 to 2021-12-31 | 3.69 | USD/shares | 2024-03-01 | 2023 / FY | us-gaap:EarningsPerShareDiluted | 10-K · 0001437749-24-006268 |
| 2022-01-01 to 2022-12-31 | 3.85 | USD/shares | 2025-03-03 | 2024 / FY | us-gaap:EarningsPerShareDiluted | 10-K · 0001437749-25-005844 |
| 2023-01-01 to 2023-12-31 | 5.13 | USD/shares | 2026-02-27 | 2025 / FY | us-gaap:EarningsPerShareDiluted | 10-K · 0001437749-26-005997 |
| 2024-01-01 to 2024-12-31 | 4.93 | USD/shares | 2026-02-27 | 2025 / FY | us-gaap:EarningsPerShareDiluted | 10-K · 0001437749-26-005997 |
| 2025-01-01 to 2025-12-31 | 5.47 | USD/shares | 2026-02-27 | 2025 / FY | us-gaap:EarningsPerShareDiluted | 10-K · 0001437749-26-005997 |
Operating cash flow
| Reported period | Value | Unit | Filed | Filing FY / FP | Taxonomy concept | Source filing |
|---|---|---|---|---|---|---|
| 2021-01-01 to 2021-12-31 | 64573000 | USD | 2024-03-01 | 2023 / FY | us-gaap:NetCashProvidedByUsedInOperatingActivities | 10-K · 0001437749-24-006268 |
| 2022-01-01 to 2022-12-31 | 119862000 | USD | 2025-03-03 | 2024 / FY | us-gaap:NetCashProvidedByUsedInOperatingActivities | 10-K · 0001437749-25-005844 |
| 2023-01-01 to 2023-12-31 | 66613000 | USD | 2026-02-27 | 2025 / FY | us-gaap:NetCashProvidedByUsedInOperatingActivities | 10-K · 0001437749-26-005997 |
| 2024-01-01 to 2024-12-31 | 101118000 | USD | 2026-02-27 | 2025 / FY | us-gaap:NetCashProvidedByUsedInOperatingActivities | 10-K · 0001437749-26-005997 |
| 2025-01-01 to 2025-12-31 | 17973000 | USD | 2026-02-27 | 2025 / FY | us-gaap:NetCashProvidedByUsedInOperatingActivities | 10-K · 0001437749-26-005997 |
Dividends paid
| Reported period | Value | Unit | Filed | Filing FY / FP | Taxonomy concept | Source filing |
|---|---|---|---|---|---|---|
| 2021-01-01 to 2021-12-31 | 18524000 | USD | 2024-03-01 | 2023 / FY | us-gaap:PaymentsOfDividendsCommonStock | 10-K · 0001437749-24-006268 |
| 2022-01-01 to 2022-12-31 | 19602000 | USD | 2025-03-03 | 2024 / FY | us-gaap:PaymentsOfDividendsCommonStock | 10-K · 0001437749-25-005844 |
| 2023-01-01 to 2023-12-31 | 21004000 | USD | 2026-02-27 | 2025 / FY | us-gaap:PaymentsOfDividendsCommonStock | 10-K · 0001437749-26-005997 |
| 2024-01-01 to 2024-12-31 | 22473000 | USD | 2026-02-27 | 2025 / FY | us-gaap:PaymentsOfDividendsCommonStock | 10-K · 0001437749-26-005997 |
| 2025-01-01 to 2025-12-31 | 23951000 | USD | 2026-02-27 | 2025 / FY | us-gaap:PaymentsOfDividendsCommonStock | 10-K · 0001437749-26-005997 |
Share repurchases
| Reported period | Value | Unit | Filed | Filing FY / FP | Taxonomy concept | Source filing |
|---|---|---|---|---|---|---|
| 2021-01-01 to 2021-12-31 | 21380000 | USD | 2024-03-01 | 2023 / FY | us-gaap:PaymentsForRepurchaseOfCommonStock | 10-K · 0001437749-24-006268 |
| 2022-01-01 to 2022-12-31 | 0 | USD | 2024-03-01 | 2023 / FY | us-gaap:PaymentsForRepurchaseOfCommonStock | 10-K · 0001437749-24-006268 |
| 2023-01-01 to 2023-12-31 | 0 | USD | 2024-03-01 | 2023 / FY | us-gaap:PaymentsForRepurchaseOfCommonStock | 10-K · 0001437749-24-006268 |
Source and method
SEC public numeric facts are reorganized into a standard reference. Tag priority follows the native app's declared concept chains; the latest filed observation is selected within the same exact start, end and unit. A missing value stays missing. No currency, quarterly total, ratio, share-price series or dividend calendar is inferred.
The ticker below belongs to the native source snapshot. Company names, tickers and reporting structures may change; CIK identifies the source filer.
- Source filer CIK
- 1042729
- Ticker in native snapshot
- MBWM
- Reported numeric facts
- 48
- Units present
- USD · USD/shares