Mercantile Bank CorporationMBWMNASDAQ
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EBITDA Over Time
Above historical average, modest growth trend.
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Earnings before interest, taxes, depreciation, and amortization

Latest
$108.79M
↑ 43% above average
Average (9y)
$75.84M
Historical baseline
Range
High:$114.19M
Low:$50.48M
CAGR
+8.9%
Consistent expansion
PeriodValueChange
2024$108.79M-4.7%
2023$114.19M+28.7%
2022$88.73M+1.5%
2021$87.39M+36.0%
2020$64.27M-8.2%
2019$70.01M+13.7%
2018$61.59M+9.1%
2017$56.44M-0.0%
2016$56.46M+11.8%
2015$50.48M-