Mercantile Bank Corporation (MBWM)

USD 39.49

(-0.89%)

EBITDA Summary of Mercantile Bank Corporation

  • Mercantile Bank Corporation's latest annual EBITDA in 2023 was 114.19 Million USD , down -89.77% from previous year.
  • Mercantile Bank Corporation's latest quarterly EBITDA in 2024 Q3 was 24.55 Million USD , up 3.81% from previous quarter.
  • Mercantile Bank Corporation reported an annual EBITDA of 88.73 Million USD in 2022, up 28.53% from previous year.
  • Mercantile Bank Corporation reported an annual EBITDA of 87.39 Million USD in 2021, up 35.97% from previous year.
  • Mercantile Bank Corporation reported a quarterly EBITDA of 24.55 Million USD for 2024 Q3, up 3.81% from previous quarter.
  • Mercantile Bank Corporation reported a quarterly EBITDA of -703 Thousand USD for 2024 Q1, up 6.86% from previous quarter.

Annual EBITDA Chart of Mercantile Bank Corporation (2023 - 1998)

Historical Annual EBITDA of Mercantile Bank Corporation (2023 - 1998)

Year EBITDA EBITDA Growth
2023 114.19 Million USD -89.77%
2022 88.73 Million USD 28.53%
2021 87.39 Million USD 35.97%
2020 64.27 Million USD -8.2%
2019 70.01 Million USD -16.14%
2018 61.58 Million USD 15.58%
2017 56.44 Million USD 4.61%
2016 56.46 Million USD 12.03%
2015 46.86 Million USD 39.62%
2014 32.8 Million USD 15.82%
2013 27.33 Million USD 13.37%
2012 20.4 Million USD 4.57%
2011 - USD 54.07%
2010 - USD 118.41%
2009 - USD -85.9%
2008 - USD -34.63%
2007 - USD -3.41%
2006 39.74 Million USD 42.33%
2005 - USD 59.99%
2004 24.48 Million USD 20.6%
2003 - USD 7.8%
2002 - USD 2.67%
2001 - USD 20.78%
2000 - USD 79.44%
1999 - USD 240.29%
1998 - USD 0.0%

Peer EBITDA Comparison of Mercantile Bank Corporation

Name EBITDA EBITDA Difference
Heritage Financial Corporation 78.51 Million USD -45.436%
LCNB Corp. 17.67 Million USD -546.155%
Medallion Bank -3.17 Million USD 3695.56%
MidWestOne Financial Group, Inc. 37.4 Million USD -205.293%
Amerant Bancorp Inc. - USD -Infinity%
Northrim BanCorp, Inc. - USD -Infinity%
Northwest Bancshares, Inc. - USD -Infinity%
Old National Bancorp 816.55 Million USD 86.015%
OP Bancorp 34.82 Million USD -227.892%
Pioneer Bancorp, Inc. 22 Million USD -418.95%
Peoples Bancorp Inc. 164.07 Million USD 30.399%
Peoples Financial Services Corp. - USD -Infinity%
Pinnacle Financial Partners, Inc. 792.7 Million USD 85.594%
Republic Bancorp, Inc. 128.21 Million USD 10.938%
Richmond Mutual Bancorporation, Inc. - USD -Infinity%
Red River Bancshares, Inc. 45.69 Million USD -149.934%
BayCom Corp 41.12 Million USD -177.705%
Riverview Bancorp, Inc. 7.36 Million USD -1451.141%
Burke & Herbert Bank & Trust Company 27.93 Million USD -308.818%
Shore Bancshares, Inc. - USD -Infinity%
Southern Missouri Bancorp, Inc. 73.2 Million USD -56.0%
Brookline Bancorp, Inc. 109.91 Million USD -3.896%
Territorial Bancorp Inc. 10.75 Million USD -962.279%
Texas Capital Bancshares, Inc. 287.06 Million USD 60.22%
Capital Bancorp, Inc. 46.69 Million USD -144.539%
William Penn Bancorporation - USD -Infinity%
WesBanco, Inc. - USD -Infinity%
Waterstone Financial, Inc. - USD -Infinity%
Wintrust Financial Corporation - USD -Infinity%
Zions Bancorporation, National Association 1.02 Billion USD 88.87%
The First Bancshares, Inc. - USD -Infinity%
First Community Corporation 16.95 Million USD -573.399%
First Guaranty Bancshares, Inc. 15.92 Million USD -617.215%
First Interstate BancSystem, Inc. 390.6 Million USD 70.764%
FinWise Bancorp 27.62 Million USD -313.391%
Fifth Third Bancorp 3.46 Billion USD 96.708%
Farmers & Merchants Bancorp, Inc. 34.12 Million USD -234.608%
First United Corporation - USD -Infinity%
Hope Bancorp, Inc. 1.8 Million USD -6244.167%
MainStreet Bancshares, Inc. - USD -Infinity%
Landmark Bancorp, Inc. 17.3 Million USD -559.934%
Flushing Financial Corporation 45.79 Million USD -149.345%
Pinnacle Financial Partners, Inc. 792.7 Million USD 85.594%
FS Bancorp, Inc. 57.92 Million USD -97.156%
Renasant Corporation 197.44 Million USD 42.165%
TFS Financial Corporation 100.31 Million USD -13.839%
First Financial Corporation 79.02 Million USD -44.509%
United Security Bancshares 29.58 Million USD -286.042%
USCB Financial Holdings, Inc. 22.38 Million USD -410.118%
Valley National Bancorp 761.53 Million USD 85.005%
WSFS Financial Corporation - USD -Infinity%
Auburn National Bancorporation, Inc. 2.31 Million USD -4826.445%
Merchants Bancorp 350.75 Million USD 67.443%
Cullman Bancorp, Inc. - USD -Infinity%
Columbia Banking System, Inc. 615.45 Million USD 81.445%
Fidelity D & D Bancorp, Inc. - USD -Infinity%
First Guaranty Bancshares, Inc. 15.92 Million USD -617.215%
Merchants Bancorp 350.75 Million USD 67.443%
Mid Penn Bancorp, Inc. 51.55 Million USD -121.506%
NBT Bancorp Inc. 175.73 Million USD 35.017%
Southern California Bancorp 38.77 Million USD -194.507%
Civista Bancshares, Inc. - USD -Infinity%
Simmons First National Corporation - USD -Infinity%
HomeStreet, Inc. - USD -Infinity%
MVB Financial Corp. - USD -Infinity%
CrossFirst Bankshares, Inc. 93.57 Million USD -22.042%
First Mid Bancshares, Inc. 103.3 Million USD -10.537%
Veritex Holdings, Inc. 163.76 Million USD 30.271%
Independent Bank Corp. 351.23 Million USD 67.488%
Kearny Financial Corp. - USD -Infinity%
HarborOne Bancorp, Inc. 20.62 Million USD -453.646%
NB Bancorp, Inc. Common Stock 14.67 Million USD -678.372%
OptimumBank Holdings, Inc. - USD -Infinity%
Univest Financial Corporation - USD -Infinity%
Bank OZK 904.39 Million USD 87.373%
OceanFirst Financial Corp. - USD -Infinity%
The Bank of Princeton 32.31 Million USD -253.403%
Provident Bancorp, Inc. - USD -Infinity%
Premier Financial Corp. - USD -Infinity%
Citizens Financial Services, Inc. 23.03 Million USD -395.746%
Oconee Federal Financial Corp. 7.24 Million USD -1476.19%
First Financial Northwest, Inc. 9.88 Million USD -1055.118%
ESSA Bancorp, Inc. 21.05 Million USD -442.417%
First Western Financial, Inc. 9.43 Million USD -1109.949%
Triumph Financial, Inc. 78.07 Million USD -46.273%
QCR Holdings, Inc. 138.28 Million USD 17.419%
ChoiceOne Financial Services, Inc. 37.99 Million USD -200.537%
Blue Foundry Bancorp - USD -Infinity%
Huntington Bancshares Incorporated 3.18 Billion USD 96.411%
First Bank - USD -Infinity%
Five Star Bancorp - USD -Infinity%
Financial Institutions, Inc. 71.14 Million USD -60.512%
CF Bankshares Inc. - USD -Infinity%
United Bankshares, Inc. 459.34 Million USD 75.139%
Capital City Bank Group, Inc. -3.01 Million USD 3891.335%
RBB Bancorp 69.87 Million USD -63.43%
Southern States Bancshares, Inc. 51.92 Million USD -119.914%
Northeast Bank 91.17 Million USD -25.243%
Hawthorn Bancshares, Inc. 2.53 Million USD -4399.409%
SmartFinancial, Inc. - USD -Infinity%
AmeriServ Financial, Inc. - USD -Infinity%
FFBW, Inc. 2.9 Million USD -3825.576%
Sandy Spring Bancorp, Inc. 186.14 Million USD 38.651%
Citizens & Northern Corporation - USD -Infinity%
Preferred Bank 211.57 Million USD 46.026%
Primis Financial Corp. -10.11 Million USD 1229.302%
Union Bankshares, Inc. 14.51 Million USD -686.684%
CNB Financial Corporation 79.56 Million USD -43.519%
Sound Financial Bancorp, Inc. 10.65 Million USD -972.052%
Fulton Financial Corporation 381.72 Million USD 70.084%
Generations Bancorp NY, Inc. - USD -Infinity%
Ames National Corporation - USD -Infinity%
United Bancorp, Inc. 10.63 Million USD -973.463%
SB Financial Group, Inc. 18.28 Million USD -524.562%
Wintrust Financial Corporation - USD -Infinity%
Hanmi Financial Corporation - USD -Infinity%
Commerce Bancshares, Inc. 669.23 Million USD 82.937%
BOK Financial Corporation 1.36 Billion USD 91.614%
Southern First Bancshares, Inc. 22.24 Million USD -413.397%
Middlefield Banc Corp. 21.8 Million USD -423.806%
Eagle Bancorp Montana, Inc. 9.65 Million USD -1083.245%
Coastal Financial Corporation 59.46 Million USD -92.05%
Glen Burnie Bancorp - USD -Infinity%
Northfield Bancorp, Inc. (Staten Island, NY) 60.29 Million USD -89.4%
CNB Financial Corporation 79.56 Million USD -43.519%
Investar Holding Corporation - USD -Infinity%
West Bancorporation, Inc. 31.64 Million USD -260.897%
Plumas Bancorp - USD -Infinity%
Eagle Bancorp, Inc. 131 Million USD 12.828%
SR Bancorp, Inc. Common stock - USD -Infinity%
Columbia Financial, Inc. -239 Thousand USD 47880.335%
First Community Bankshares, Inc. - USD -Infinity%
Pathfinder Bancorp, Inc. 13.12 Million USD -770.123%
Popular, Inc. 741.41 Million USD 84.598%
TowneBank - USD -Infinity%
Arrow Financial Corporation - USD -Infinity%
Colony Bankcorp, Inc. 31.11 Million USD -267.033%
Trustmark Corporation 233.09 Million USD 51.009%
Wintrust Financial Corporation - USD -Infinity%
Finward Bancorp 15.2 Million USD -650.888%
Provident Financial Holdings, Inc. 13.54 Million USD -743.265%
Eastern Bankshares, Inc. - USD -Infinity%
Esquire Financial Holdings, Inc. - USD -Infinity%
Bank First Corporation 107.19 Million USD -6.534%
Peapack-Gladstone Financial Corporation - USD -Infinity%
Camden National Corporation 57.79 Million USD -97.573%
Stock Yards Bancorp, Inc. - USD -Infinity%
BCB Bancorp, Inc. - USD -Infinity%
Oak Valley Bancorp 41.4 Million USD -175.807%
Summit State Bank 15.66 Million USD -628.935%
MainStreet Bancshares, Inc. - USD -Infinity%
C&F Financial Corporation - USD -Infinity%
Valley National Bancorp 761.53 Million USD 85.005%
SHF Holdings, Inc. -16.62 Million USD 786.996%
Bridgewater Bancshares, Inc. 55.66 Million USD -105.147%
Westamerica Bancorporation 233.35 Million USD 51.063%
Chemung Financial Corporation 34.3 Million USD -232.901%
Hancock Whitney Corporation 536.4 Million USD 78.711%
Fifth Third Bancorp 3.46 Billion USD 96.708%
Sierra Bancorp 49.69 Million USD -129.787%
ACNB Corporation - USD -Infinity%
City Holding Company 153.82 Million USD 25.764%
Rhinebeck Bancorp, Inc. 7.1 Million USD -1507.022%
Enterprise Financial Services Corp 257.86 Million USD 55.715%
PB Bankshares, Inc. 2.79 Million USD -3993.011%
Ponce Financial Group, Inc. 10.37 Million USD -1000.251%
Guaranty Bancshares, Inc. 41.78 Million USD -173.305%
Broadway Financial Corporation 7.29 Million USD -1464.744%
Lake Shore Bancorp, Inc. 7.02 Million USD -1525.32%
Affinity Bancshares, Inc. 9.12 Million USD -1151.864%
Business First Bancshares, Inc. 95.25 Million USD -19.882%
Amalgamated Financial Corp. - USD -Infinity%
German American Bancorp, Inc. 113.05 Million USD -1.007%
Citizens Community Bancorp, Inc. 22.05 Million USD -417.703%
Meridian Corporation - USD -Infinity%
Capitol Federal Financial, Inc. 54.1 Million USD -111.07%
Old Second Bancorp, Inc. 131.35 Million USD 13.063%
First National Corporation 13.42 Million USD -750.868%
Huntington Bancshares Incorporated 3.18 Billion USD 96.411%
Western New England Bancorp, Inc. 22.17 Million USD -414.902%
Hingham Institution for Savings - USD -Infinity%
CFSB Bancorp, Inc. - USD -Infinity%
Old National Bancorp 816.55 Million USD 86.015%
Bank7 Corp. 38.52 Million USD -196.418%
Carver Bancorp, Inc. - USD -Infinity%
Fifth Third Bancorp 3.46 Billion USD 96.708%
Bank OZK 904.39 Million USD 87.373%
Hanover Bancorp, Inc. - USD -Infinity%
OceanFirst Financial Corp. - USD -Infinity%
Fulton Financial Corporation 381.72 Million USD 70.084%
Equity Bancshares, Inc. 11.05 Million USD -933.158%
Ameris Bancorp - USD -Infinity%
Pathward Financial, Inc. 244.67 Million USD 53.329%
Independent Bank Group, Inc. - USD -Infinity%
Bank of Marin Bancorp 29.48 Million USD -287.312%
Carter Bankshares, Inc. - USD -Infinity%
First Citizens BancShares, Inc. 971 Million USD 88.239%
1st Source Corporation - USD -Infinity%
BancFirst Corporation 292.13 Million USD 60.91%
Huntington Bancshares Incorporated 3.18 Billion USD 96.411%
South Plains Financial, Inc. - USD -Infinity%
Old National Bancorp 816.55 Million USD 86.015%
Independent Bank Corporation 79.42 Million USD -43.781%
S&T Bancorp, Inc. 186.32 Million USD 38.712%
PCB Bancorp 47.32 Million USD -141.279%
Parke Bancorp, Inc. 38.15 Million USD -199.3%
Bogota Financial Corp. 938.77 Thousand USD -12064.218%
Pacific Premier Bancorp, Inc. 60.18 Million USD -89.727%
Catalyst Bancorp, Inc. 1.08 Million USD -10415.193%
SHF Holdings, Inc. -16.62 Million USD 786.996%
BayFirst Financial Corp. 5.91 Million USD -1830.6%
Patriot National Bancorp, Inc. -4.27 Million USD 2768.108%
MetroCity Bankshares, Inc. - USD -Infinity%
First Capital, Inc. - USD -Infinity%
Peoples Bancorp of North Carolina, Inc. - USD -Infinity%
Mid-Southern Bancorp, Inc. 1.62 Million USD -6936.044%
Texas Capital Bancshares, Inc. 287.06 Million USD 60.22%
Orrstown Financial Services, Inc. - USD -Infinity%
First Hawaiian, Inc. -24.18 Million USD 572.231%
First Merchants Corporation 270.94 Million USD 57.853%
Signature Bank - USD -Infinity%
Enterprise Bancorp, Inc. 57.43 Million USD -98.832%
TriCo Bancshares 179.75 Million USD 36.471%
First Business Financial Services, Inc. - USD -Infinity%
Zions Bancorporation, National Association 1.02 Billion USD 88.87%
Midland States Bancorp, Inc. 120.29 Million USD 5.07%
First Financial Bankshares, Inc. - USD -Infinity%
Merchants Bancorp 350.75 Million USD 67.443%
Tectonic Financial, Inc. -1.55 Million USD 7453.187%
First US Bancshares, Inc. 13.04 Million USD -775.259%
The Bancorp, Inc. - USD -Infinity%
Merchants Bancorp 350.75 Million USD 67.443%
Alerus Financial Corporation - USD -Infinity%
Old Point Financial Corporation - USD -Infinity%
ConnectOne Bancorp, Inc. 122.89 Million USD 7.082%
John Marshall Bancorp, Inc. 9.69 Million USD -1077.754%
First Bancorp - USD -Infinity%
Community West Bancshares -8.93 Million USD 1377.778%
The First Bancorp, Inc. 2.69 Million USD -4131.011%
Farmers National Banc Corp. 66.02 Million USD -72.957%
First Internet Bancorp - Fixed- 10.68 Million USD -968.441%
International Bancshares Corporation - USD -Infinity%
Washington Federal, Inc. 256.05 Million USD 55.402%
Bridgewater Bancshares, Inc. 55.66 Million USD -105.147%
Bank of the James Financial Group, Inc. 12.24 Million USD -832.509%
Valley National Bancorp 761.53 Million USD 85.005%
Lakeland Financial Corporation 117.96 Million USD 3.192%
The First of Long Island Corporation 35.21 Million USD -224.233%
CVB Financial Corp. 328.48 Million USD 65.236%
Orange County Bancorp, Inc. 39.11 Million USD -191.947%
Heritage Commerce Corp 93.94 Million USD -21.562%
First Financial Bancorp. 356.39 Million USD 67.958%
National Bankshares, Inc. 19.42 Million USD -487.755%
Virginia National Bankshares Corporation 28.04 Million USD -307.228%
TrustCo Bank Corp NY 88.39 Million USD -29.181%
First Busey Corporation - USD -Infinity%
Dime Community Bancshares, Inc. 144.32 Million USD 20.879%
Triumph Financial, Inc. 78.07 Million USD -46.273%
Zions Bancorporation, National Association 1.02 Billion USD 88.87%
Greene County Bancorp, Inc. - USD -Infinity%
WesBanco, Inc. - USD -Infinity%
Midland States Bancorp, Inc. 120.29 Million USD 5.07%
Huntington Bancshares Incorporated 3.18 Billion USD 96.411%
NSTS Bancorp, Inc. -2.69 Million USD 4342.013%
Dime Community Bancshares, Inc. 144.32 Million USD 20.879%
UMB Financial Corporation - USD -Infinity%
1895 Bancorp of Wisconsin, Inc. -5.91 Million USD 2031.58%
Home Federal Bancorp, Inc. of Louisiana 5.34 Million USD -2035.684%
Timberland Bancorp, Inc. 30.63 Million USD -272.796%
Cathay General Bancorp - USD -Infinity%
HomeTrust Bancshares, Inc. -628 Thousand USD 18283.917%
CB Financial Services, Inc. - USD -Infinity%
First Savings Financial Group, Inc. 67.5 Million USD -69.178%
HBT Financial, Inc. 94.35 Million USD -21.022%
Kentucky First Federal Bancorp - USD -Infinity%
Fifth Third Bancorp 3.46 Billion USD 96.708%
FVCBankcorp, Inc. 4.82 Million USD -2265.755%
Magyar Bancorp, Inc. 11.1 Million USD -928.784%
Heartland Financial USA, Inc. 126.91 Million USD 10.023%
First Merchants Corporation 270.94 Million USD 57.853%
Third Coast Bancshares, Inc. - USD -Infinity%
ECB Bancorp, Inc. 6.26 Million USD -1723.036%
Republic First Bancorp, Inc. - USD -Infinity%
Heartland Financial USA, Inc. 126.91 Million USD 10.023%
Unity Bancorp, Inc. 55.37 Million USD -106.21%
Franklin Financial Services Corporation 17.76 Million USD -542.664%
SouthState Corporation - USD -Infinity%
Bankwell Financial Group, Inc. 51.66 Million USD -121.025%
Banner Corporation 248.71 Million USD 54.086%
Hancock Whitney Corporation - 6 536.4 Million USD 78.711%
Washington Federal, Inc. 256.05 Million USD 55.402%
Sterling Bancorp, Inc. (Southfield, MI) 11.89 Million USD -860.187%
Stellar Bancorp, Inc. - USD -Infinity%
Atlantic Union Bankshares Corporation 261.59 Million USD 56.347%
Great Southern Bancorp, Inc. 94.65 Million USD -20.642%
ConnectOne Bancorp, Inc. 122.89 Million USD 7.082%
First Citizens BancShares, Inc. 971 Million USD 88.239%
Norwood Financial Corp. 22.6 Million USD -405.153%
First Citizens BancShares, Inc. 971 Million USD 88.239%
Enterprise Financial Services Corp 257.86 Million USD 55.715%
First Foundation Inc. -191.86 Million USD 159.518%
Seacoast Banking Corporation of Florida 179.27 Million USD 36.302%
Northeast Community Bancorp, Inc. 65.96 Million USD -73.128%
Southside Bancshares, Inc. 111.7 Million USD -2.228%
BankFinancial Corporation 14.29 Million USD -698.958%
United Bancshares, Inc. 10.88 Million USD -949.49%
Penns Woods Bancorp, Inc. - USD -Infinity%
First Seacoast Bancorp -6.22 Million USD 1934.163%
Home Bancorp, Inc. 53.71 Million USD -112.586%
Texas Community Bancshares, Inc. - USD -Infinity%
Bank of South Carolina Corporation 372.95 Thousand USD -30519.386%
First Northwest Bancorp 4.29 Million USD -2561.888%
First Internet Bancorp 10.68 Million USD -968.441%
Ohio Valley Banc Corp. 16.78 Million USD -580.502%
TC Bancshares, Inc. - USD -Infinity%
HMN Financial, Inc. - USD -Infinity%
IF Bancorp, Inc. 3.02 Million USD -3673.794%
Horizon Bancorp, Inc. - USD -Infinity%