Mercantile Bank Corporation (MBWM)

USD 39.49

(-0.89%)

Operating Expenses Summary of Mercantile Bank Corporation

  • Mercantile Bank Corporation's latest annual operating expenses in 2023 was 225.68 Million USD , up 137.25% from previous year.
  • Mercantile Bank Corporation's latest quarterly operating expenses in 2024 Q3 was 8.92 Million USD , up 567.65% from previous quarter.
  • Mercantile Bank Corporation reported a annual operating expenses of -90.93 Million USD in annual operating expenses 2022, up 13.81% from previous year.
  • Mercantile Bank Corporation reported a annual operating expenses of -105.5 Million USD in annual operating expenses 2021, up 6.27% from previous year.
  • Mercantile Bank Corporation reported a quarterly operating expenses of 8.92 Million USD for 2024 Q3, up 567.65% from previous quarter.
  • Mercantile Bank Corporation reported a quarterly operating expenses of 8.48 Million USD for 2024 Q1, up 117.47% from previous quarter.

Annual Operating Expenses Chart of Mercantile Bank Corporation (2023 - 1998)

Historical Annual Operating Expenses of Mercantile Bank Corporation (2023 - 1998)

Year Operating Expenses Operating Expenses Growth
2023 225.68 Million USD 137.25%
2022 -90.93 Million USD 13.81%
2021 -105.5 Million USD 6.27%
2020 -112.57 Million USD -23.66%
2019 -91.03 Million USD -39.25%
2018 -65.37 Million USD 2.24%
2017 -66.87 Million USD 0.83%
2016 -67.42 Million USD -0.3%
2015 -67.22 Million USD -31.12%
2014 -51.27 Million USD -178.38%
2013 -18.41 Million USD 20.98%
2012 -23.3 Million USD 18.4%
2011 -28.56 Million USD 39.44%
2010 -47.16 Million USD 9.15%
2009 -51.91 Million USD -549.96%
2008 11.53 Million USD -70.57%
2007 39.19 Million USD 4.15%
2006 37.63 Million USD 215.45%
2005 11.93 Million USD 1034.3%
2004 -1.27 Million USD -186.52%
2003 1.47 Million USD -81.99%
2002 8.19 Million USD -49.96%
2001 16.37 Million USD 7.81%
2000 15.19 Million USD 171.26%
1999 5.6 Million USD 283.56%
1998 1.46 Million USD 0.0%

Peer Operating Expenses Comparison of Mercantile Bank Corporation

Name Operating Expenses Operating Expenses Difference
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Zions Bancorporation, National Association 2.09 Billion USD 89.238%
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Hope Bancorp, Inc. 276.18 Million USD 18.284%
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Landmark Bancorp, Inc. 2.45 Million USD -9104.241%
Flushing Financial Corporation 121.95 Million USD -85.063%
Pinnacle Financial Partners, Inc. 705.86 Million USD 68.027%
FS Bancorp, Inc. 70.78 Million USD -218.836%
Renasant Corporation 13.67 Million USD -1550.852%
TFS Financial Corporation 63.5 Million USD -255.375%
First Financial Corporation 209.96 Million USD -7.489%
United Security Bancshares 25.95 Million USD -769.569%
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Valley National Bancorp 868.72 Million USD 74.021%
WSFS Financial Corporation 425.71 Million USD 46.987%
Auburn National Bancorporation, Inc. 16.35 Million USD -1280.017%
Merchants Bancorp 559.33 Million USD 59.65%
Cullman Bancorp, Inc. 11.42 Million USD -1876.079%
Columbia Banking System, Inc. 1.99 Billion USD 88.699%
Fidelity D & D Bancorp, Inc. 44.91 Million USD -402.489%
First Guaranty Bancshares, Inc. 52.37 Million USD -330.9%
Merchants Bancorp 559.33 Million USD 59.65%
Mid Penn Bancorp, Inc. 165.01 Million USD -36.767%
NBT Bancorp Inc. 517.77 Million USD 56.412%
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MVB Financial Corp. 146.48 Million USD -54.071%
CrossFirst Bankshares, Inc. 245.43 Million USD 8.047%
First Mid Bancshares, Inc. 274.92 Million USD 17.91%
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Independent Bank Corp. 722.12 Million USD 68.747%
Kearny Financial Corp. 140.6 Million USD -60.517%
HarborOne Bancorp, Inc. 166.35 Million USD -35.669%
NB Bancorp, Inc. Common Stock 145.63 Million USD -54.969%
OptimumBank Holdings, Inc. 27.16 Million USD -730.804%
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Bank OZK 347.58 Million USD 35.07%
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The Bank of Princeton 38.75 Million USD -482.391%
Provident Bancorp, Inc. 64.07 Million USD -252.208%
Premier Financial Corp. 300.56 Million USD 24.911%
Citizens Financial Services, Inc. 91.86 Million USD -145.674%
Oconee Federal Financial Corp. 3.3 Million USD -6730.751%
First Financial Northwest, Inc. 43.31 Million USD -421.027%
ESSA Bancorp, Inc. 15.03 Million USD -1401.384%
First Western Financial, Inc. 70.01 Million USD -222.352%
Triumph Financial, Inc. 417.5 Million USD 45.944%
QCR Holdings, Inc. 188.67 Million USD -19.617%
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Huntington Bancshares Incorporated 115 Million USD -96.25%
First Bank 52.01 Million USD -333.899%
Five Star Bancorp 38.3 Million USD -489.141%
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CF Bankshares Inc. 51.05 Million USD -342.075%
United Bankshares, Inc. 1.04 Billion USD 78.454%
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RBB Bancorp 63.59 Million USD -254.9%
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Northeast Bank 151.19 Million USD -49.268%
Hawthorn Bancshares, Inc. 38.48 Million USD -486.462%
SmartFinancial, Inc. 152.4 Million USD -48.084%
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FFBW, Inc. 8.42 Million USD -2577.518%
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Primis Financial Corp. 143.96 Million USD -56.77%
Union Bankshares, Inc. 26.02 Million USD -767.097%
CNB Financial Corporation 218.13 Million USD -3.461%
Sound Financial Bancorp, Inc. 38.84 Million USD -481.026%
Fulton Financial Corporation 581.41 Million USD 61.183%
Generations Bancorp NY, Inc. 12.78 Million USD -1665.947%
Ames National Corporation 53.84 Million USD -319.183%
United Bancorp, Inc. 14.89 Million USD -1414.888%
SB Financial Group, Inc. 56.99 Million USD -295.986%
Wintrust Financial Corporation 1.11 Billion USD 79.681%
Hanmi Financial Corporation 125.27 Million USD -80.158%
Commerce Bancshares, Inc. 1.58 Billion USD 85.771%
BOK Financial Corporation 1.97 Billion USD 88.572%
Southern First Bancshares, Inc. 87.51 Million USD -157.888%
Middlefield Banc Corp. 71.89 Million USD -213.918%
Eagle Bancorp Montana, Inc. 83.31 Million USD -170.895%
Coastal Financial Corporation 517 Thousand USD -43553.385%
Glen Burnie Bancorp 11.63 Million USD -1839.234%
Northfield Bancorp, Inc. (Staten Island, NY) 136.56 Million USD -65.263%
CNB Financial Corporation 218.13 Million USD -3.461%
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Plumas Bancorp 80.09 Million USD -181.782%
Eagle Bancorp, Inc. 312.08 Million USD 27.683%
SR Bancorp, Inc. Common stock 26.88 Million USD -739.613%
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First Community Bankshares, Inc. 156.22 Million USD -44.461%
Pathfinder Bancorp, Inc. 43.07 Million USD -423.93%
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Colony Bankcorp, Inc. 71.59 Million USD -215.211%
Trustmark Corporation 360.28 Million USD 37.359%
Wintrust Financial Corporation 1.11 Billion USD 79.681%
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Eastern Bankshares, Inc. 308.19 Million USD 26.77%
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Bank First Corporation 137.47 Million USD -64.173%
Peapack-Gladstone Financial Corporation 122.12 Million USD -84.795%
Camden National Corporation 156.33 Million USD -44.364%
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Oak Valley Bancorp 82.43 Million USD -173.784%
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C&F Financial Corporation 79.7 Million USD -183.165%
Valley National Bancorp 868.72 Million USD 74.021%
SHF Holdings, Inc. 17.99 Million USD -1154.256%
Bridgewater Bancshares, Inc. 49.65 Million USD -354.485%
Westamerica Bancorporation 323.64 Million USD 30.267%
Chemung Financial Corporation 97.95 Million USD -130.39%
Hancock Whitney Corporation 716.83 Million USD 68.516%
Fifth Third Bancorp 3.76 Billion USD 93.999%
Sierra Bancorp 118.16 Million USD -90.997%
ACNB Corporation 106.42 Million USD -112.057%
City Holding Company 108.13 Million USD -108.702%
Rhinebeck Bancorp, Inc. 28.2 Million USD -700.199%
Enterprise Financial Services Corp 541.18 Million USD 58.298%
PB Bankshares, Inc. 12.78 Million USD -1664.704%
Ponce Financial Group, Inc. 68.66 Million USD -228.689%
Guaranty Bancshares, Inc. 116.58 Million USD -93.576%
Broadway Financial Corporation 34.81 Million USD -548.175%
Lake Shore Bancorp, Inc. 26.99 Million USD -736.098%
Affinity Bancshares, Inc. 29.66 Million USD -660.814%
Business First Bancshares, Inc. 247.42 Million USD 8.784%
Amalgamated Financial Corp. 285.71 Million USD 21.009%
German American Bancorp, Inc. 144.49 Million USD -56.189%
Citizens Community Bancorp, Inc. 34.74 Million USD -549.537%
Meridian Corporation 100.9 Million USD -123.659%
Capitol Federal Financial, Inc. 4.26 Million USD -5192.871%
Old Second Bancorp, Inc. 280.98 Million USD 19.68%
First National Corporation 53.57 Million USD -321.28%
Huntington Bancshares Incorporated 115 Million USD -96.25%
Western New England Bancorp, Inc. 78.8 Million USD -186.373%
Hingham Institution for Savings 25.55 Million USD -783.112%
CFSB Bancorp, Inc. 7.49 Million USD -2910.377%
Old National Bancorp 1.01 Billion USD 77.675%
Bank7 Corp. 91.78 Million USD -145.88%
Carver Bancorp, Inc. 29.28 Million USD -670.687%
Fifth Third Bancorp 3.76 Billion USD 93.999%
Bank OZK 347.58 Million USD 35.07%
Hanover Bancorp, Inc. 32.1 Million USD -602.925%
OceanFirst Financial Corp. 209.01 Million USD -7.98%
Fulton Financial Corporation 581.41 Million USD 61.183%
Equity Bancshares, Inc. 136.98 Million USD -64.759%
Ameris Bancorp 1.04 Billion USD 78.351%
Pathward Financial, Inc. 233.43 Million USD 3.32%
Independent Bank Group, Inc. 507.66 Million USD 55.544%
Bank of Marin Bancorp 65.53 Million USD -244.394%
Carter Bankshares, Inc. 136.61 Million USD -65.202%
First Citizens BancShares, Inc. 4.27 Billion USD 94.718%
1st Source Corporation 369.27 Million USD 38.883%
BancFirst Corporation 257.15 Million USD 12.236%
Huntington Bancshares Incorporated 115 Million USD -96.25%
South Plains Financial, Inc. 131.53 Million USD -71.578%
Old National Bancorp 1.01 Billion USD 77.675%
Independent Bank Corporation 109.27 Million USD -106.542%
S&T Bancorp, Inc. 407.03 Million USD 44.552%
PCB Bancorp 99.18 Million USD -127.538%
Parke Bancorp, Inc. 18.65 Million USD -1109.669%
Bogota Financial Corp. 16.11 Million USD -1300.701%
Pacific Premier Bancorp, Inc. 7.08 Million USD -3087.684%
Catalyst Bancorp, Inc. 7.68 Million USD -2837.116%
SHF Holdings, Inc. 17.99 Million USD -1154.256%
BayFirst Financial Corp. 56.23 Million USD -301.309%
Patriot National Bancorp, Inc. 34.24 Million USD -559.02%
MetroCity Bankshares, Inc. 47.72 Million USD -372.883%
First Capital, Inc. 42.22 Million USD -434.552%
Peoples Bancorp of North Carolina, Inc. 37.06 Million USD -508.849%
Mid-Southern Bancorp, Inc. 2.95 Million USD -7545.257%
Texas Capital Bancshares, Inc. 25.85 Million USD -772.933%
Orrstown Financial Services, Inc. 71.46 Million USD -215.798%
First Hawaiian, Inc. 805.31 Million USD 71.975%
First Merchants Corporation 651 Million USD 65.332%
Signature Bank 74.03 Million USD -204.835%
Enterprise Bancorp, Inc. 170.69 Million USD -32.219%
TriCo Bancshares 411.13 Million USD 45.105%
First Business Financial Services, Inc. - USD -Infinity%
Zions Bancorporation, National Association 2.09 Billion USD 89.238%
Midland States Bancorp, Inc. 298.4 Million USD 24.368%
First Financial Bankshares, Inc. 243.29 Million USD 7.238%
Merchants Bancorp 559.33 Million USD 59.65%
Tectonic Financial, Inc. 36.58 Million USD -516.904%
First US Bancshares, Inc. 22.41 Million USD -906.817%
The Bancorp, Inc. 168.22 Million USD -34.159%
Merchants Bancorp 559.33 Million USD 59.65%
Alerus Financial Corporation 166.16 Million USD -35.821%
Old Point Financial Corporation 61.96 Million USD -264.248%
ConnectOne Bancorp, Inc. 269.1 Million USD 16.134%
John Marshall Bancorp, Inc. 22.71 Million USD -893.651%
First Bancorp 404.29 Million USD 44.178%
Community West Bancshares 88.11 Million USD -156.135%
The First Bancorp, Inc. 31.83 Million USD -608.841%
Farmers National Banc Corp. 78.95 Million USD -185.855%
First Internet Bancorp - Fixed- 95.31 Million USD -136.781%
International Bancshares Corporation 275.35 Million USD 18.037%
Washington Federal, Inc. 1.17 Billion USD 80.816%
Bridgewater Bancshares, Inc. 49.65 Million USD -354.485%
Bank of the James Financial Group, Inc. 41.8 Million USD -439.898%
Valley National Bancorp 868.72 Million USD 74.021%
Lakeland Financial Corporation 246.89 Million USD 8.589%
The First of Long Island Corporation 92.96 Million USD -142.777%
CVB Financial Corp. 191.18 Million USD -18.044%
Orange County Bancorp, Inc. 101.69 Million USD -121.937%
Heritage Commerce Corp 192.22 Million USD -17.41%
First Financial Bancorp. 387.41 Million USD 41.746%
National Bankshares, Inc. 24.61 Million USD -817.021%
Virginia National Bankshares Corporation 58.07 Million USD -288.648%
TrustCo Bank Corp NY 94.44 Million USD -138.972%
First Busey Corporation 441.83 Million USD 48.92%
Dime Community Bancshares, Inc. 175.9 Million USD -28.303%
Triumph Financial, Inc. 417.5 Million USD 45.944%
Zions Bancorporation, National Association 2.09 Billion USD 89.238%
Greene County Bancorp, Inc. 64.88 Million USD -247.817%
WesBanco, Inc. 297.02 Million USD 24.016%
Midland States Bancorp, Inc. 298.4 Million USD 24.368%
Huntington Bancshares Incorporated 115 Million USD -96.25%
NSTS Bancorp, Inc. 4.95 Million USD -4456.592%
Dime Community Bancshares, Inc. 175.9 Million USD -28.303%
UMB Financial Corporation 1.32 Billion USD 82.979%
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Home Federal Bancorp, Inc. of Louisiana 20.38 Million USD -1007.399%
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HBT Financial, Inc. 225.71 Million USD 0.012%
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Fifth Third Bancorp 3.76 Billion USD 93.999%
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Magyar Bancorp, Inc. -41.08 Million USD 649.333%
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ECB Bancorp, Inc. 25.84 Million USD -773.338%
Republic First Bancorp, Inc. -128.25 Million USD 275.97%
Heartland Financial USA, Inc. 580.38 Million USD 61.114%
Unity Bancorp, Inc. 102.22 Million USD -120.784%
Franklin Financial Services Corporation 67.25 Million USD -235.581%
SouthState Corporation 28.02 Million USD -705.425%
Bankwell Financial Group, Inc. 99.31 Million USD -127.256%
Banner Corporation 335.51 Million USD 32.734%
Hancock Whitney Corporation - 6 716.83 Million USD 68.516%
Washington Federal, Inc. 1.17 Billion USD 80.816%
Sterling Bancorp, Inc. (Southfield, MI) 63.22 Million USD -256.971%
Stellar Bancorp, Inc. 11.58 Million USD -1848.61%
Atlantic Union Bankshares Corporation 233.1 Million USD 3.182%
Great Southern Bancorp, Inc. 223.28 Million USD -1.075%
ConnectOne Bancorp, Inc. 269.1 Million USD 16.134%
First Citizens BancShares, Inc. 4.27 Billion USD 94.718%
Norwood Financial Corp. 70.19 Million USD -221.534%
First Citizens BancShares, Inc. 4.27 Billion USD 94.718%
Enterprise Financial Services Corp 541.18 Million USD 58.298%
First Foundation Inc. 15.18 Million USD -1386.354%
Seacoast Banking Corporation of Florida 289.38 Million USD 22.012%
Northeast Community Bancorp, Inc. 25.22 Million USD -794.877%
Southside Bancshares, Inc. 250.86 Million USD 10.035%
BankFinancial Corporation 37.36 Million USD -504.058%
United Bancshares, Inc. 38.74 Million USD -482.526%
Penns Woods Bancorp, Inc. 63.33 Million USD -256.318%
First Seacoast Bancorp 14.56 Million USD -1449.629%
Home Bancorp, Inc. 135.32 Million USD -66.771%
Texas Community Bancshares, Inc. 11.41 Million USD -1876.771%
Bank of South Carolina Corporation 2.61 Million USD -8542.083%
First Northwest Bancorp 65.45 Million USD -244.815%
First Internet Bancorp 95.31 Million USD -136.781%
Ohio Valley Banc Corp. 34.73 Million USD -549.668%
TC Bancshares, Inc. 15.06 Million USD -1397.768%
HMN Financial, Inc. -34.92 Million USD 746.226%
IF Bancorp, Inc. 22.11 Million USD -920.566%
Horizon Bancorp, Inc. 118.37 Million USD -90.652%