Mercantile Bank CorporationMBWMNASDAQ
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SG&A Expense Growth Under PressureDecelerating
Percentile Rank56
5Y CAGR-8.7%
Year-over-Year Change

Year-over-year SG&A expense growth

5Y CAGR
-8.7%/yr
Long-term compound
Percentile
P56
Within normal range
vs 5Y Ago
0.6x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 20253.52%
Q3 20257.86%
Q2 20250.00%
Q1 2025-23.55%
Q4 202426.07%
Q3 202413.28%
Q2 2024-1.78%
Q1 2024-17.94%
Q4 202328.77%
Q3 20234.84%
Q2 2023-1.32%
Q1 202354.99%
Q4 2022-35.38%
Q3 20226.25%
Q2 20221.07%
Q1 2022-38.34%
Q4 202134.36%
Q3 2021-1.31%
Q2 20217.15%
Q1 2021-13.59%
Q4 20205.55%
Q3 202015.82%
Q2 20204.67%
Q1 2020-10.57%
Q4 201911.74%
Q3 20192.83%
Q2 20192.30%
Q1 2019-13.47%
Q4 201816.72%
Q3 20181.26%
Q2 20182.97%
Q1 2018-6.85%
Q4 201713.29%
Q3 20175.76%
Q2 2017-2.43%
Q1 2017-6.91%
Q4 20165.70%
Q3 20162.77%
Q2 2016-1.82%
Q1 2016-8.07%