Mercantile Bank Reports Q2 2025 Earnings with Commercial Loan Growth and Mortgage Banking Income Increase
Mercantile Bank (MBWM) reported Q2 2025 earnings with commercial loan growth of $114 million at a 6.2% annualized rate, despite customer-driven reductions. Mortgage banking income rose 23.4% year-over-year, and net income reached $22.6 million, or $1.39 per share, up from $18.8 million in the prior year quarter.
Tickers: $MBWM
Topics: Asset quality Commercial loan growth Lending commitments Mortgage banking income Net income