Mercantile Bank (MBWM) Accumulated Expenses (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Accumulated Expenses of $79.0 million for Q2 2026, down 20.87% year-over-year from $99.8 million in Q2 2025, and down 7.39% on a QoQ basis from $85.3 million in Q1 2026.
Mercantile Bank (MBWM) Accumulated Expenses (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Accumulated Expenses for 17 years, with the latest figure at $79.0 million in Q2 2026.
- Accumulated Expenses for Q2 2026 came in at $79.0 million, down 20.87% year-over-year; the trailing twelve-month figure through Jun 2026 was $79.0 million (down 20.87% YoY), and the FY2025 annual result was $96.7 million, down 20.1% from the prior year.
- Accumulated Expenses retreated to $79.0 million in Q2 2026, from $85.3 million in the prior quarter.
- Over five years, Accumulated Expenses peaked at $121.0 million in Q4 2024 and troughed at $39.8 million in Q1 2022.
- A 5-year average of $89.4 million and a median of $95.3 million in 2023 frame the typical range for Accumulated Expenses.
- The widest annual swing landed in 2022, when Accumulated Expenses soared 218.77%; it then dropped 20.87% in 2026.
- A 5-year view of Accumulated Expenses shows it stood at $78.2 million in 2022, then advanced by 20.06% to $93.9 million in 2023, then climbed by 28.88% to $121.0 million in 2024, then retreated by 20.1% to $96.7 million in 2025, then slipped by 18.3% to $79.0 million in 2026.
- Per Business Quant data, the three most recent Accumulated Expenses figures were $79.0 million in Q2 2026, $85.3 million in Q1 2026, and $96.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 79.00 Mn |
| Mar 31, 2026 | 85.31 Mn |
| Dec 31, 2025 | 96.70 Mn |
| Sep 30, 2025 | 100.91 Mn |
| Jun 30, 2025 | 99.83 Mn |
| Mar 31, 2025 | 102.85 Mn |
| Dec 31, 2024 | 121.02 Mn |
| Sep 30, 2024 | 100.51 Mn |
| Jun 30, 2024 | 116.55 Mn |
| Mar 31, 2024 | 106.93 Mn |
| Dec 31, 2023 | 93.90 Mn |
| Sep 30, 2023 | 106.72 Mn |
| Jun 30, 2023 | 76.63 Mn |
| Mar 31, 2023 | 70.07 Mn |
| Dec 31, 2022 | 78.21 Mn |
| Sep 30, 2022 | 80.39 Mn |
| Jun 30, 2022 | 53.04 Mn |
| Mar 31, 2022 | 39.80 Mn |
| Dec 31, 2021 | 24.64 Mn |
| Sep 30, 2021 | 25.22 Mn |