Company

MERCANTILE BANK CORP (MBWM)

Standardized SEC financial data for MERCANTILE BANK CORP — income statement, balance sheet, cash flow and 40+ ratios, available as a clean JSON API. CIK 0001042729 · NASDAQ · State Commercial Banks.

Operating margin

58.2%

Net margin

26.7%

Revenue growth (YoY)

0.2%

Return on equity

12.2%

Free cash flow

$18.0M

EPS (diluted)

$5.47

Ratios for fiscal year 2025, standardized from SEC filings.

Income statement

USD	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$182.6M	$191.3M	$198.9M	$284.5M	$332.3M	$333.0M
Operating income	$70.0M	$76.1M	$84.4M	$161.5M	$199.1M	$193.8M
Interest expense	$27.7M	$20.4M	$23.6M	$77.8M

Balance sheet

USD	FY2023	FY2023	FY2023	FY2023	FY2024	FY2025
Property, plant & equipment	—	—	—	$50.9M	$53.4M	$62.5M
Goodwill	—	—	—	$49.5M	$49.5M	$72.7M
Total assets	—	—	—	$5.35B	$6.05B

Cash flow

USD	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$37.9M	$64.6M	$119.9M	$66.6M	$101.1M	$18.0M
Investing cash flow	-$398.8M	-$495.5M	-$555.0M	-$395.9M	-$425.4M	-$105.7M
Financing cash flow	$753.2M	$780.1M	-$443.3M	$363.1M

Get MBWM data via API

# JSON
curl https://sec-financial-api-production.up.railway.app/v1/company/MBWM/financials \
  -H "X-API-Key: YOUR_KEY"

# CSV export (income / balance / cash-flow)
curl "https://sec-financial-api-production.up.railway.app/v1/company/MBWM/income-statement?format=csv" \
  -H "X-API-Key: YOUR_KEY"

Get a free API key Use with Claude (MCP) →View MBWM filings on SEC EDGAR →