MERCANTILE BANK CORPORATION Labor and Related Expense
MERCANTILE BANK CORPORATION (MBWM) reported Labor and Related Expense of $24.61 million for the 3-month period ending 2026-06-30, per its 10-Q filed 2026-07-31.
Financial Statements › Expense Statement › Operating Expenses
us-gaap:LaborAndRelatedExpense · last filed 2026-07-31
- MERCANTILE BANK CORPORATION labor and related expense for the quarter ending 2026-06-30 was $24.61M, a 18.82% increase year-over-year.
- MERCANTILE BANK CORPORATION labor and related expense for the quarter ending 2026-03-31 was $23.68M, a 21.08% increase year-over-year.
- MERCANTILE BANK CORPORATION labor and related expense for the quarter ending 2025-12-31 was $21.84M, a 1.65% increase year-over-year.
- MERCANTILE BANK CORPORATION labor and related expense for the quarter ending 2025-09-30 was $21.09M, a 3.95% increase year-over-year.
- MERCANTILE BANK CORPORATION labor and related expense for fiscal 2025 was $83.20M, a 6.77% increase from fiscal 2024.
- MERCANTILE BANK CORPORATION labor and related expense for fiscal 2024 was $77.92M, a 13.26% increase from fiscal 2023.
- MERCANTILE BANK CORPORATION labor and related expense for fiscal 2023 was $68.80M, a 5.65% increase from fiscal 2022.
- MERCANTILE BANK CORPORATION labor and related expense for fiscal 2022 was $65.12M, a 1.99% decline from fiscal 2021.
| Period end | Labor and Related Expense 3 month | Labor and Related Expense 6 month | Labor and Related Expense 9 month | Labor and Related Expense 12 month |
|---|---|---|---|---|
| 2026-06-30 | $24.61M 10-Q · filed 2026-07-31 | $48.29M 10-Q · filed 2026-07-31 | $70.12M derived: sum of 3 quarters · filed 2026-07-31 | $91.22M derived: sum of 4 quarters · filed 2026-07-31 |
| 2026-03-31 | $23.68M 10-Q · filed 2026-05-01 | $45.52M derived: sum of 2 quarters · filed 2026-05-01 | $66.61M derived: sum of 3 quarters · filed 2026-05-01 | $87.32M derived: sum of 4 quarters · filed 2026-07-31 |
| 2025-12-31 | $21.84M derived: 10-K 12 month − 10-Q 9 month · filed 2026-02-27 | $42.93M derived: sum of 2 quarters · filed 2026-02-27 | $63.64M derived: sum of 3 quarters · filed 2026-07-31 | $83.20M 10-K · filed 2026-02-27 |
| 2025-09-30 | $21.09M 10-Q · filed 2025-10-31 | $41.80M derived: sum of 2 quarters · filed 2026-07-31 | $61.36M 10-Q · filed 2025-10-31 | $82.84M derived: sum of 4 quarters · filed 2026-07-31 |
| 2025-06-30 | $20.71M 10-Q · filed 2026-07-31 | $40.27M 10-Q · filed 2026-07-31 | $61.75M derived: sum of 3 quarters · filed 2026-07-31 | $82.04M derived: sum of 4 quarters · filed 2026-07-31 |
| 2025-03-31 | $19.56M 10-Q · filed 2026-05-01 | $41.04M derived: sum of 2 quarters · filed 2026-05-01 | $61.33M derived: sum of 3 quarters · filed 2026-05-01 | $79.24M derived: sum of 4 quarters · filed 2026-05-01 |
| 2024-12-31 | $21.48M derived: 10-K 12 month − 10-Q 9 month · filed 2026-02-27 | $41.77M derived: sum of 2 quarters · filed 2026-02-27 | $59.69M derived: sum of 3 quarters · filed 2026-02-27 | $77.92M 10-K · filed 2026-02-27 |
| 2024-09-30 | $20.29M 10-Q · filed 2025-10-31 | $38.20M derived: sum of 2 quarters · filed 2025-10-31 | $56.44M 10-Q · filed 2025-10-31 | $74.84M derived: sum of 4 quarters · filed 2026-02-27 |
| 2024-06-30 | $17.91M 10-Q · filed 2025-08-01 | $36.15M 10-Q · filed 2025-08-01 | $54.55M derived: sum of 3 quarters · filed 2026-02-27 | $71.81M derived: sum of 4 quarters · filed 2026-02-27 |
| 2024-03-31 | $18.24M 10-Q · filed 2025-05-02 | $36.64M derived: sum of 2 quarters · filed 2026-02-27 | $53.90M derived: sum of 3 quarters · filed 2026-02-27 | $70.36M derived: sum of 4 quarters · filed 2026-02-27 |
| 2023-12-31 | $18.40M derived: 10-K 12 month − 10-Q 9 month · filed 2026-02-27 | $35.66M derived: sum of 2 quarters · filed 2026-02-27 | $52.12M derived: sum of 3 quarters · filed 2026-02-27 | $68.80M 10-K · filed 2026-02-27 |
| 2023-09-30 | $17.26M 10-Q · filed 2024-11-01 | $33.72M derived: sum of 2 quarters · filed 2024-11-01 | $50.40M 10-Q · filed 2024-11-01 | $67.68M derived: sum of 4 quarters · filed 2025-03-03 |
| 2023-06-30 | $16.46M 10-Q · filed 2024-08-02 | $33.14M 10-Q · filed 2024-08-02 | $50.42M derived: sum of 3 quarters · filed 2025-03-03 | $67.08M derived: sum of 4 quarters · filed 2025-03-03 |
| 2023-03-31 | $16.68M 10-Q · filed 2024-05-03 | $33.96M derived: sum of 2 quarters · filed 2025-03-03 | $50.62M derived: sum of 3 quarters · filed 2025-03-03 | $66.30M derived: sum of 4 quarters · filed 2025-03-03 |
| 2022-12-31 | $17.28M derived: 10-K 12 month − 10-Q 9 month · filed 2025-03-03 | $33.94M derived: sum of 2 quarters · filed 2025-03-03 | $49.61M derived: sum of 3 quarters · filed 2025-03-03 | $65.12M 10-K · filed 2025-03-03 |
| 2022-09-30 | $16.66M 10-Q · filed 2023-11-03 | $32.33M derived: sum of 2 quarters · filed 2023-11-03 | $47.84M 10-Q · filed 2023-11-03 | $67.03M derived: sum of 4 quarters · filed 2024-03-01 |
| 2022-06-30 | $15.68M 10-Q · filed 2023-08-04 | $31.19M 10-Q · filed 2023-08-04 | $50.38M derived: sum of 3 quarters · filed 2024-03-01 | $66.35M derived: sum of 4 quarters · filed 2024-03-01 |
| 2022-03-31 | $15.51M 10-Q · filed 2023-05-05 | $34.70M derived: sum of 2 quarters · filed 2024-03-01 | $50.68M derived: sum of 3 quarters · filed 2024-03-01 | $66.87M derived: sum of 4 quarters · filed 2024-03-01 |
| 2021-12-31 | $19.19M derived: 10-K 12 month − 10-Q 9 month · filed 2024-03-01 | $35.17M derived: sum of 2 quarters · filed 2024-03-01 | $51.36M derived: sum of 3 quarters · filed 2024-03-01 | $66.45M 10-K · filed 2024-03-01 |
| 2021-09-30 | $15.97M 10-Q · filed 2022-11-04 | $32.17M derived: sum of 2 quarters · filed 2022-11-04 | $47.26M 10-Q · filed 2022-11-04 | $62.67M derived: sum of 4 quarters · filed 2023-03-03 |
| 2021-06-30 | $16.19M 10-Q · filed 2022-08-05 | $31.28M 10-Q · filed 2022-08-05 | $46.69M derived: sum of 3 quarters · filed 2023-03-03 | $63.42M derived: sum of 4 quarters · filed 2023-03-03 |
| 2021-03-31 | $15.09M 10-Q · filed 2022-05-06 | $30.50M derived: sum of 2 quarters · filed 2023-03-03 | $47.23M derived: sum of 3 quarters · filed 2023-03-03 | $61.36M derived: sum of 4 quarters · filed 2023-03-03 |
| 2020-12-31 | $15.41M derived: 10-K 12 month − 10-Q 9 month · filed 2023-03-03 | $32.15M derived: sum of 2 quarters · filed 2023-03-03 | $46.27M derived: sum of 3 quarters · filed 2023-03-03 | $59.80M 10-K · filed 2023-03-03 |
| 2020-09-30 | $16.73M 10-Q · filed 2021-11-05 | $30.86M derived: sum of 2 quarters · filed 2021-11-05 | $44.39M 10-Q · filed 2021-11-05 | $58.24M derived: sum of 4 quarters · filed 2022-03-04 |
| 2020-06-30 | $14.13M 10-Q · filed 2021-08-06 | $27.65M 10-Q · filed 2021-08-06 | $41.51M derived: sum of 3 quarters · filed 2022-03-04 | $55.19M derived: sum of 4 quarters · filed 2022-03-04 |
| 2020-03-31 | $13.53M 10-Q · filed 2021-05-07 | $27.38M derived: sum of 2 quarters · filed 2022-03-04 | $41.06M derived: sum of 3 quarters · filed 2022-03-04 | $54.34M derived: sum of 4 quarters · filed 2022-03-04 |
| 2019-12-31 | $13.85M derived: 10-K 12 month − 10-Q 9 month · filed 2022-03-04 | $27.53M derived: sum of 2 quarters · filed 2022-03-04 | $40.82M derived: sum of 3 quarters · filed 2022-03-04 | $53.83M 10-K · filed 2022-03-04 |
| 2019-09-30 | $13.68M 10-Q · filed 2020-11-06 | $26.97M derived: sum of 2 quarters · filed 2020-11-06 | $39.98M 10-Q · filed 2020-11-06 | $52.86M derived: sum of 4 quarters · filed 2021-03-05 |
| 2019-06-30 | $13.29M 10-Q · filed 2020-08-07 | $26.30M 10-Q · filed 2020-08-07 | $39.18M derived: sum of 3 quarters · filed 2021-03-05 | $52.12M derived: sum of 4 quarters · filed 2021-03-05 |
| 2019-03-31 | $13.02M 10-Q · filed 2020-05-11 | $25.90M derived: sum of 2 quarters · filed 2021-03-05 | $38.83M derived: sum of 3 quarters · filed 2021-03-05 | $51.59M derived: sum of 4 quarters · filed 2021-03-05 |
| 2018-12-31 | $12.88M derived: 10-K 12 month − 10-Q 9 month · filed 2021-03-05 | $25.82M derived: sum of 2 quarters · filed 2021-03-05 | $38.57M derived: sum of 3 quarters · filed 2021-03-05 | $50.91M 10-K · filed 2021-03-05 |
| 2018-09-30 | $12.93M 10-Q · filed 2019-11-06 | $25.69M derived: sum of 2 quarters · filed 2019-11-06 | $38.03M 10-Q · filed 2019-11-06 | $49.63M derived: sum of 4 quarters · filed 2020-03-02 |
| 2018-06-30 | $12.76M 10-Q · filed 2019-08-05 | $25.09M 10-Q · filed 2019-08-05 | $36.70M derived: sum of 3 quarters · filed 2020-03-02 | $48.33M derived: sum of 4 quarters · filed 2020-03-02 |
| 2018-03-31 | $12.34M 10-Q · filed 2019-05-06 | $23.94M derived: sum of 2 quarters · filed 2020-03-02 | $35.57M derived: sum of 3 quarters · filed 2020-03-02 | $46.46M derived: sum of 4 quarters · filed 2020-03-02 |
| 2017-12-31 | $11.60M derived: 10-K 12 month − 10-Q 9 month · filed 2020-03-02 | $23.24M derived: sum of 2 quarters · filed 2020-03-02 | $34.13M derived: sum of 3 quarters · filed 2020-03-02 | $45.40M 10-K · filed 2020-03-02 |
| 2017-09-30 | $11.64M 10-Q · filed 2018-11-05 | $22.52M derived: sum of 2 quarters · filed 2018-11-05 | $33.80M 10-Q · filed 2018-11-05 | $44.36M derived: sum of 4 quarters · filed 2019-03-04 |
| 2017-06-30 | $10.89M 10-Q · filed 2018-08-06 | $22.16M 10-Q · filed 2018-08-06 | $32.73M derived: sum of 3 quarters · filed 2019-03-04 | $43.89M derived: sum of 4 quarters · filed 2019-03-04 |
| 2017-03-31 | $11.27M 10-Q · filed 2018-05-07 | $21.84M derived: sum of 2 quarters · filed 2019-03-04 | $33.00M derived: sum of 3 quarters · filed 2019-03-04 | $43.80M derived: sum of 4 quarters · filed 2019-03-04 |
| 2016-12-31 | $10.56M derived: 10-K 12 month − 10-Q 9 month · filed 2019-03-04 | $21.73M derived: sum of 2 quarters · filed 2019-03-04 | $32.53M derived: sum of 3 quarters · filed 2019-03-04 | $43.52M 10-K · filed 2019-03-04 |
| 2016-09-30 | $11.16M 10-Q · filed 2017-11-06 | $21.96M derived: sum of 2 quarters · filed 2017-11-06 | $32.96M 10-Q · filed 2017-11-06 | $43.65M derived: sum of 4 quarters · filed 2018-03-05 |
| 2016-06-30 | $10.80M 10-Q · filed 2017-08-07 | $21.80M 10-Q · filed 2017-08-07 | $32.49M derived: sum of 3 quarters · filed 2018-03-05 | $43.23M derived: sum of 4 quarters · filed 2018-03-05 |
| 2016-03-31 | $10.99M 10-Q · filed 2017-05-05 | $21.69M derived: sum of 2 quarters · filed 2018-03-05 | $32.43M derived: sum of 3 quarters · filed 2018-03-05 | $43.51M derived: sum of 4 quarters · filed 2018-03-05 |
| 2015-12-31 | $10.69M derived: 10-K 12 month − 10-Q 9 month · filed 2018-03-05 | $21.44M derived: sum of 2 quarters · filed 2018-03-05 | $32.51M derived: sum of 3 quarters · filed 2018-03-05 | $42.59M 10-K · filed 2018-03-05 |
| 2015-09-30 | $10.74M 10-Q · filed 2016-11-04 | $21.82M derived: sum of 2 quarters · filed 2016-11-04 | $31.90M 10-Q · filed 2016-11-04 | $42.21M derived: sum of 4 quarters · filed 2017-03-06 |
| 2015-06-30 | $11.07M 10-Q · filed 2016-08-05 | $21.16M 10-Q · filed 2016-08-05 | $31.47M derived: sum of 3 quarters · filed 2017-03-06 | $42.15M derived: sum of 4 quarters · filed 2017-03-06 |
| 2015-03-31 | $10.08M 10-Q · filed 2016-05-06 | $20.39M derived: sum of 2 quarters · filed 2017-03-06 | $31.08M derived: sum of 3 quarters · filed 2017-03-06 | $38.12M derived: sum of 4 quarters · filed 2017-03-06 |
| 2014-12-31 | $10.31M derived: 10-K 12 month − 10-Q 9 month · filed 2017-03-06 | $21.00M derived: sum of 2 quarters · filed 2017-03-06 | $28.03M derived: sum of 3 quarters · filed 2017-03-06 | $33.70M 10-K · filed 2017-03-06 |
| 2014-09-30 | $10.69M 10-Q · filed 2015-11-06 | $17.72M derived: sum of 2 quarters · filed 2015-11-06 | $23.39M 10-Q · filed 2015-11-06 | $28.16M derived: sum of 4 quarters · filed 2016-03-07 |
| 2014-06-30 | $7.04M 10-Q · filed 2015-08-07 | $12.27M 10-Q · filed 2015-08-07 | $17.47M derived: sum of 3 quarters · filed 2016-03-07 | $22.73M derived: sum of 4 quarters · filed 2016-03-07 |
| 2014-03-31 | $5.23M 10-Q · filed 2015-05-07 | $10.43M derived: sum of 2 quarters · filed 2016-03-07 | $15.69M derived: sum of 3 quarters · filed 2016-03-07 | $20.67M derived: sum of 4 quarters · filed 2016-03-07 |
| 2013-12-31 | $5.20M derived: 10-K 12 month − 10-Q 9 month · filed 2016-03-07 | $10.46M derived: sum of 2 quarters · filed 2016-03-07 | $15.44M derived: sum of 3 quarters · filed 2016-03-07 | $20.30M 10-K · filed 2016-03-07 |
| 2013-09-30 | $5.26M 10-Q · filed 2014-11-07 | $10.24M derived: sum of 2 quarters · filed 2014-11-07 | $15.09M 10-Q · filed 2014-11-07 | $20.07M derived: sum of 4 quarters · filed 2015-03-10 |
| 2013-06-30 | $4.98M 10-Q · filed 2014-08-08 | $9.84M 10-Q · filed 2014-08-08 | $14.81M derived: sum of 3 quarters · filed 2015-03-10 | $19.66M derived: sum of 4 quarters · filed 2015-03-10 |
| 2013-03-31 | $4.86M 10-Q · filed 2014-04-30 | $9.83M derived: sum of 2 quarters · filed 2015-03-10 | $14.68M derived: sum of 3 quarters · filed 2015-03-10 | $19.53M derived: sum of 4 quarters · filed 2015-03-10 |
| 2012-12-31 | $4.97M derived: 10-K 12 month − 10-Q 9 month · filed 2015-03-10 | $9.82M derived: sum of 2 quarters · filed 2015-03-10 | $14.68M derived: sum of 3 quarters · filed 2015-03-10 | $19.37M 10-K · filed 2015-03-10 |
| 2012-09-30 | $4.85M 10-Q · filed 2013-11-12 | $9.70M derived: sum of 2 quarters · filed 2013-11-12 | $14.39M 10-Q · filed 2013-11-12 | $18.91M derived: sum of 4 quarters · filed 2014-02-28 |
| 2012-06-30 | $4.86M 10-Q · filed 2013-08-05 | $9.54M 10-Q · filed 2013-08-05 | $14.07M derived: sum of 3 quarters · filed 2014-02-28 | $18.70M derived: sum of 4 quarters · filed 2014-02-28 |
| 2012-03-31 | $4.69M 10-Q · filed 2013-05-09 | $9.21M derived: sum of 2 quarters · filed 2014-02-28 | $13.85M derived: sum of 3 quarters · filed 2014-02-28 | $18.21M derived: sum of 4 quarters · filed 2014-02-28 |
| 2011-12-31 | $4.52M derived: 10-K 12 month − 10-Q 9 month · filed 2014-02-28 | $9.16M derived: sum of 2 quarters · filed 2014-02-28 | $13.52M derived: sum of 3 quarters · filed 2014-02-28 | $17.89M 10-K · filed 2014-02-28 |
| 2011-09-30 | $4.64M 10-Q · filed 2012-11-08 | $9.00M derived: sum of 2 quarters · filed 2012-11-08 | $13.37M 10-Q · filed 2012-11-08 | $17.79M derived: sum of 4 quarters · filed 2013-03-14 |
| 2011-06-30 | $4.36M 10-Q · filed 2012-08-08 | $8.73M 10-Q · filed 2012-08-08 | $13.16M derived: sum of 3 quarters · filed 2013-03-14 | $17.81M derived: sum of 4 quarters · filed 2013-03-14 |
| 2011-03-31 | $4.37M 10-Q · filed 2012-05-09 | $8.79M derived: sum of 2 quarters · filed 2013-03-14 | $13.44M derived: sum of 3 quarters · filed 2013-03-14 | $18.00M derived: sum of 4 quarters · filed 2013-03-14 |
| 2010-12-31 | $4.42M derived: 10-K 12 month − 10-Q 9 month · filed 2013-03-14 | $9.07M derived: sum of 2 quarters · filed 2013-03-14 | $13.63M derived: sum of 3 quarters · filed 2013-03-14 | $18.30M 10-K · filed 2013-03-14 |
| 2010-09-30 | $4.65M 10-Q · filed 2011-11-08 | $9.21M derived: sum of 2 quarters · filed 2011-11-08 | $13.87M 10-Q · filed 2011-11-08 | |
| 2010-06-30 | $4.56M 10-Q · filed 2011-08-08 | $9.22M 10-Q · filed 2011-08-08 | ||
| 2009-12-31 | $20.33M 10-K · filed 2012-03-14 |
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