Category: Markets
Published: 2026-07-31T12:11:12.000Z
MERCANTILE BANK CORP (MBWM) reported its Q2 2026 financial results, with revenue reaching $86.7M, marking a 5.8% increase year-over-year. Net income grew by 14.6% to $25.9M, and diluted EPS rose by 7.9% to $1.50, primarily driven by higher net interest income and reduced credit provisions. The company also highlighted significant growth in local deposits and commercial loans, alongside the completion of an acquisition in late 2025.
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