MERCANTILE BANK CORP Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Mercantile Bank Corp quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Mercantile Bank Corp Interest Expense for the quarter ending March 31, 2024 was $29.4M, a 143% increase year-over-year.
  • Mercantile Bank Corp Interest Expense for the twelve months ending March 31, 2024 was $95.1M, a 210% increase year-over-year.
  • Mercantile Bank Corp annual Interest Expense for 2023 was $77.8M, a 230% increase from 2022.
  • Mercantile Bank Corp annual Interest Expense for 2022 was $23.6M, a 21.4% increase from 2021.
  • Mercantile Bank Corp annual Interest Expense for 2021 was $19.4M, a 25.5% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
* An asterisk sign (*) next to the value indicates that the value is likely invalid.