MBWM Mercantile Bank Earnings and EPS analysis

EPS in 2026 (TTM): $5.69

Last Report Period Date: Jun 30, 2026

As of September this year, based on Mercantile Bank's most recent financial report, the company's trailing twelve months EPS is $5.69. During 2025, MBWM reported a per-share earnings of $5.47, which shows a rise compared to the EPS of $4.93 recorded in 2024. Mercantile Bank's EPS for the quarterly period ending on Jun 30, 2026 came in at $1.5.

The yearly earnings per share during 2025 was $5.47, a rise of 11% compared to $4.93 recorded in 2024. Over the quarter ending Jun 30, 2026, the earnings per share came in at $1.5, reflecting a 7.9% increase compared to the same quarter a year earlier. As of June 2026, the TTM EPS is $5.69. During 2024, the annual earnings per share was $4.93, representing a decrease of 3.9% compared to 2023.

Mercantile Bank has recorded a growth in earnings per share of 7.9% in the past 12 months (YoY, quarterly). Over an extended period, the company registered an average EPS annual growth rate of 12.4% per year during the last 3 years. Mercantile Bank had an average annual EPS growth of 15.1% in the last five years. A ten-year view shows that MBWM has seen an average earnings per share growth of 12.9% per year.