MERCANTILE BANK CORPORATION
Profit History
| Fiscal Year | Revenue | Operating Income | Net Income |
|---|---|---|---|
| FY2011 | $58.5M | $30.0M | $37.5M |
| FY2012 | $54.7M | $31.4M | $12.5M |
| FY2013 | $54.3M | $35.9M | $17.0M |
| FY2014 | $92.2M | $36.5M | $17.3M |
| FY2015 | $117.2M | $50.0M | $27.0M |
| FY2016 | $126.9M | $59.5M | $31.9M |
| FY2017 | $128.7M | $61.9M | $31.3M |
| FY2018 | $136.2M | $73.7M | $42.0M |
| FY2019 | $148.2M | $94.3M | $49.5M |
| FY2020 | $168.3M | $80.9M | $44.1M |
| FY2021 | $177.2M | $93.1M | $59.0M |
| FY2022 | $190.3M | $99.4M | $61.1M |
| FY2023 | $225.7M | $180.5M | $82.2M |
| FY2024 | $231.5M | $98.3M | $79.6M |
| FY2025 | $242.7M | $103.5M | $88.8M |