Mercantile Bank CorporationMBWMNASDAQ
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Net Income Performance
Above historical average, strong compound growth.
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Total earnings after all expenses, taxes, and interest
Latest
$79.59M
↑ 57% above average
Average (9y)
$50.77M
Historical baseline
Range
High:$82.22M
Low:$27.02M
CAGR
+12.8%
Consistent expansion
| Period | Value | Change |
|---|---|---|
| 2024 | $79.59M | -3.2% |
| 2023 | $82.22M | +34.6% |
| 2022 | $61.06M | +3.5% |
| 2021 | $59.02M | +33.7% |
| 2020 | $44.14M | -10.8% |
| 2019 | $49.46M | +17.7% |
| 2018 | $42.02M | +34.4% |
| 2017 | $31.27M | -2.0% |
| 2016 | $31.91M | +18.1% |
| 2015 | $27.02M | - |