Mercantile Bank (MBWM) Assets Average (2011 - 2026)
Mercantile Bank (MBWM) posted quarterly Assets Average of $6.9 billion for Q2 2026, up 11.71% year-over-year from $6.2 billion in Q2 2025, and little changed on a QoQ basis from $6.9 billion in Q1 2026.
Mercantile Bank (MBWM) Assets Average (2011 - 2026) Analysis & Trends
Mercantile Bank has reported Assets Average for 14 years, with the latest figure at $6.9 billion in Q2 2026.
- Assets Average for Q2 2026 came in at $6.9 billion, up 11.71% year-over-year; the trailing twelve-month figure through Jun 2026 was $6.9 billion (up 11.71% YoY), and the FY2025 annual result was $6.4 billion, up 12.99% from the prior year.
- Assets Average steadied at $6.9 billion in Q2 2026, from $6.9 billion in the prior quarter.
- Over five years, Assets Average peaked at $6.9 billion in Q1 2026 and troughed at $4.9 billion in Q1 2023.
- A 5-year average of $5.7 billion and a median of $5.5 billion in 2024 frame the typical range for Assets Average.
- The widest annual swing landed in 2022, when Assets Average gained 14.06%; it then declined 6.38% in 2023.
- A 5-year view of Assets Average shows it stood at $4.9 billion in 2022, then grew by 7.23% to $5.3 billion in 2023, then grew by 12.87% to $6.0 billion in 2024, then gained by 9.81% to $6.6 billion in 2025, then grew by 4.72% to $6.9 billion in 2026.
- Per Business Quant data, the three most recent Assets Average figures were $6.9 billion in Q2 2026, $6.9 billion in Q1 2026, and $6.6 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 121.20 Bn | 85.00 Bn | - | 562.44 Bn |
| 2 | Pnc Financial Services | 97.59 Bn | 97.59 Bn | - | 609.53 Bn |
| 3 | Us Bancorp | 95.78 Bn | 95.78 Bn | - | 713.46 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 1,319.52 Bn |
| 5 | NatWest | 74.72 Bn | -144.37 Bn | - | 1,005.35 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.75 Bn | -81.57 Bn | - | 1,758.31 Bn |
| 7 | Nu Holdings | 71.00 Bn | 57.31 Bn | 2.35 Bn | 78.82 Bn |
| 8 | Truist Financial | 61.56 Bn | 61.56 Bn | - | 552.50 Bn |
| 9 | Fifth Third Bancorp | 49.49 Bn | 25.77 Bn | - | 257.28 Bn |
| 10 | Mercantile Bank | 1.03 Bn | 688.41 Mn | - | 6.88 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.88 Bn |
| Mar 31, 2026 | 6.89 Bn |
| Dec 31, 2025 | 6.57 Bn |
| Sep 30, 2025 | 6.24 Bn |
| Jun 30, 2025 | 6.16 Bn |
| Mar 31, 2025 | 6.10 Bn |
| Dec 31, 2024 | 5.98 Bn |
| Sep 30, 2024 | 5.76 Bn |
| Jun 30, 2024 | 5.53 Bn |
| Mar 31, 2024 | 5.41 Bn |
| Dec 31, 2023 | 5.30 Bn |
| Sep 30, 2023 | 5.19 Bn |
| Jun 30, 2023 | 5.02 Bn |
| Mar 31, 2023 | 4.88 Bn |
| Dec 31, 2022 | 4.94 Bn |
| Sep 30, 2022 | 5.04 Bn |
| Jun 30, 2022 | 5.12 Bn |
| Mar 31, 2022 | 5.22 Bn |
| Dec 31, 2021 | 5.11 Bn |
| Sep 30, 2021 | 4.86 Bn |