The Tip Desk

MERCANTILE BANK CORP

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Net income$88.8$79.6$82.2$61.1$59.0
Cash Flow Statement
Dividends$24.0$22.5$21.0$19.6$18.5
Share repurchases——$0.0$0.0$21.4

Shares outstanding 17.3M · Free float 95.8%

Annual filing data through FY ended December 31, 2025; float as of September 24, 2026.

Coverage