Provides commercial and retail banking services to small- to medium-sized businesses.
Jun 2026Revenue $340M/yrExpenses $228M/yr
No trend
Figures by year
Is Mercantile Bank profitable?
Yes. In the 12 months to Jun 2026, revenue was $340M and expenses $228M.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2025 | $330M | $227M | $103M |
| Dec 2024 | $322M | $223M | $98.3M |
| Dec 2023 | $271M | $169M | $103M |
| Dec 2022 | $182M | $106M | $75.8M |
| Dec 2021 | $143M | $69.8M | $73.7M |
| Dec 2020 | $148M | $93.5M | $54.8M |
| Dec 2019 | $158M | $97.9M | $60.5M |
| Dec 2018 | $142M | $90.2M | $51.8M |
| Dec 2017 | $126M | $79.5M | $46.1M |
| Dec 2016 | $118M | $71.6M | $46.9M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.