Mercantile Bank MBWM
NASDAQ MBWM
$59.61 -0.19 (-0.32%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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