MBWM Financials

Income Statement
MetricQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025
Revenue
98.2M
+1.1%
97.1M
+4.1%
93.3M
-2.8%
96.0M
+2.8%
93.4M
Cost of Revenue
29.4M
-0.3%
29.5M
-5.5%
31.2M
-7.1%
33.6M
+3.6%
32.5M
Gross Profit
68.8M
+1.7%
67.6M
+8.9%
62.1M
-0.5%
62.4M
+2.4%
60.9M
Operating Expenses
39.4M
-6.5%
42.1M
+14.7%
36.7M
+5.7%
34.8M
+4.1%
33.4M
R&D
SG&A
7.9M
+0.7%
7.8M
-9.6%
8.6M
+24.9%
6.9M
+5.1%
6.6M
Operating Income
31.2M
+14.3%
27.3M
+4.7%
26.0M
-5.1%
27.4M
+5.7%
26.0M
EBITDA
31.3M
+13.4%
27.6M
+1.3%
27.2M
-2.9%
28.0M
+8.0%
26.0M
Net Income
25.9M
+14.3%
22.7M
-0.7%
22.8M
-3.9%
23.8M
+5.0%
22.6M
EPS (Basic)
$1.50
+13.6%
$1.32
-5.7%
$1.40
-4.1%
$1.46
+5.0%
$1.39
EPS (Diluted)
$1.50
+13.6%
$1.32
-5.7%
$1.40
-4.1%
$1.46
+5.0%
$1.39
Shares (Diluted)
17.3M
+0.2%
17.2M
+6.0%
16.3M
+0.1%
16.2M
+0.1%
16.2M
Mercantile Bank (MBWM) — Financials