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Stock impact report

Mercantile Bank Corp (MBWM) Q4 2025 Earnings Call Highlights: Strong Financial Performance and ... [Yahoo! Finance]

Mercantile Bank Corporation (MBWM) 
Last mercantile bank corporation earnings: 4/21 06:01 am Check Earnings Report
US:NASDAQ Investor Relations: mercbank.com/about
Company Research Source: Yahoo! Finance
Net Income (Full Year 2025): $88.8 million or $5.47 per diluted share. Net Interest Margin: Increased by 2 basis points to 3.43%. Loan to Deposit Ratio: 91% as of December 31, 2025. Allowance for Credit Losses: 1.21% of total loans as of December 31, 2025. Average Loans (Q4 2025): $4.63 billion, an increase of $62 million from Q4 2024. Average Deposits (Q4 2025): $4.83 billion, an increase of $302 million from Q4 2024. EPS Growth Rate (2025): 11% year over year. Return on Average Assets (2025): Return on Average Equity (2025): Tangible Book Value Per Share Growth (2025): 11% increase over the last four quarters. Service Charges on Accounts Growth (2025): 19% increase. Mortgage Banking Income Growth (2025): 6% increase. Federal Income Tax Expense Reduction (2025): $4.0 million reduction. Effective Tax Rate (2025): 14% for the full year. Total Risk-Based Capital Ratio (Year End 2025): 13.8% for Mercantile Bank, 15.3% for Eastern Michigan Bank. Warning! Gur Show less Read more
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