Mercantile Bank (MBWM) Capital Expenditures (2010 - 2026)
Mercantile Bank posted quarterly Capital Expenditures of $938000.0 for Q1 2026, down 38.97% year-on-year from $1.5 million in Q1 2025, and up 313.22% on a QoQ basis from $227000.0 in Q4 2025.
Mercantile Bank (MBWM) has 17 years of Capital Expenditures data on file, last reported at $938000.0 in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures fell 38.97% year-over-year to $938000.0; the trailing twelve-month figure through Mar 2026 stood at $6.2 million (down 28.36% YoY), and the FY2025 full-year result was $6.8 million, down 20.7% from the prior year.
- Capital Expenditures for Q1 2026 stood at $938000.0, up from $227000.0 in the prior quarter.
- Across five years, Capital Expenditures topped out at $5.6 million in Q3 2024 and bottomed at $67000.0 in Q2 2022.
- The 5-year median for Capital Expenditures is $1.5 million (2023), against an average of $1.5 million.
- The widest annual swing landed in 2022, when Capital Expenditures plunged 96.57%; it then soared 3141.79% in 2023.
- A 5-year view of Capital Expenditures shows it stood at $851000.0 in 2022, then tumbled by 35.84% to $546000.0 in 2023, then gained by 8.06% to $590000.0 in 2024, then slumped by 61.53% to $227000.0 in 2025, then jumped by 313.22% to $938000.0 in 2026.
- The last three Capital Expenditures figures came in at $938000.0 (Q1 2026), $227000.0 (Q4 2025), and $2.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -5,461.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 489,000.00 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 119,000.00 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -390,677.59 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | - |
| 10 | Mercantile Bank | 899.78 Mn | 301.62 Mn | - | 938,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 938,000.00 |
| Mar 31, 2026 | 938,000.00 |
| Dec 31, 2025 | 227,000.00 |
| Dec 31, 2025 | 227,000.00 |
| Sep 30, 2025 | 2.64 Mn |
| Sep 30, 2025 | 2.64 Mn |
| Jun 30, 2025 | 2.36 Mn |
| Jun 30, 2025 | 2.36 Mn |
| Mar 31, 2025 | 1.54 Mn |
| Mar 31, 2025 | 1.54 Mn |
| Dec 31, 2024 | 590,000.00 |
| Dec 31, 2024 | 590,000.00 |
| Sep 30, 2024 | 5.61 Mn |
| Sep 30, 2024 | 5.61 Mn |
| Jun 30, 2024 | 869,000.00 |
| Jun 30, 2024 | 869,000.00 |
| Mar 31, 2024 | 1.46 Mn |
| Mar 31, 2024 | 1.46 Mn |
| Dec 31, 2023 | 546,000.00 |
| Dec 31, 2023 | 546,000.00 |
| Sep 30, 2023 | 1.46 Mn |
| Sep 30, 2023 | 1.46 Mn |
| Jun 30, 2023 | 2.17 Mn |
| Jun 30, 2023 | 2.17 Mn |
| Mar 31, 2023 | 2.51 Mn |
| Mar 31, 2023 | 2.51 Mn |
| Dec 31, 2022 | 851,000.00 |
| Dec 31, 2022 | 851,000.00 |
| Sep 30, 2022 | 1.77 Mn |
| Sep 30, 2022 | 1.77 Mn |
| Jun 30, 2022 | 67,000.00 |
| Jun 30, 2022 | 67,000.00 |
| Mar 31, 2022 | 332,000.00 |
| Mar 31, 2022 | 332,000.00 |
| Dec 31, 2021 | 1.35 Mn |
| Dec 31, 2021 | 1.35 Mn |
| Sep 30, 2021 | 695,000.00 |
| Sep 30, 2021 | 695,000.00 |
| Jun 30, 2021 | 1.95 Mn |
| Jun 30, 2021 | 1.95 Mn |
| Mar 31, 2021 | 1.60 Mn |
| Mar 31, 2021 | 1.60 Mn |
| Dec 31, 2020 | 1.79 Mn |
| Dec 31, 2020 | 1.79 Mn |
| Sep 30, 2020 | 2.77 Mn |
| Sep 30, 2020 | 2.77 Mn |
| Jun 30, 2020 | 1.27 Mn |
| Jun 30, 2020 | 1.27 Mn |
| Mar 31, 2020 | 3.16 Mn |
| Mar 31, 2020 | 3.16 Mn |
| Dec 31, 2019 | 4.38 Mn |
| Dec 31, 2019 | 4.38 Mn |
| Sep 30, 2019 | 3.75 Mn |
| Sep 30, 2019 | 3.75 Mn |
| Jun 30, 2019 | 2.63 Mn |
| Jun 30, 2019 | 2.63 Mn |
| Mar 31, 2019 | 2.73 Mn |
| Mar 31, 2019 | 2.73 Mn |
| Dec 31, 2018 | 1.23 Mn |
| Dec 31, 2018 | 1.23 Mn |
| Sep 30, 2018 | 1.99 Mn |
| Sep 30, 2018 | 1.99 Mn |
| Jun 30, 2018 | 1.67 Mn |
| Jun 30, 2018 | 1.67 Mn |
| Mar 31, 2018 | 1.43 Mn |
| Mar 31, 2018 | 1.43 Mn |
| Dec 31, 2017 | 1.23 Mn |
| Dec 31, 2017 | 1.23 Mn |
| Sep 30, 2017 | 2.03 Mn |
| Sep 30, 2017 | 2.03 Mn |
| Jun 30, 2017 | 1.02 Mn |
| Jun 30, 2017 | 1.02 Mn |
| Mar 31, 2017 | 1.14 Mn |
| Mar 31, 2017 | 1.14 Mn |
| Dec 31, 2016 | 974,000.00 |
| Dec 31, 2016 | 974,000.00 |
| Sep 30, 2016 | 744,000.00 |
| Sep 30, 2016 | 744,000.00 |
| Jun 30, 2016 | 351,000.00 |
| Jun 30, 2016 | 351,000.00 |
| Mar 31, 2016 | -44,000.00 |
| Mar 31, 2016 | -44,000.00 |
| Dec 31, 2015 | 149,000.00 |
| Dec 31, 2015 | 149,000.00 |
| Sep 30, 2015 | 343,000.00 |
| Sep 30, 2015 | 343,000.00 |
| Jun 30, 2015 | 301,000.00 |
| Jun 30, 2015 | 301,000.00 |
| Mar 31, 2015 | 288,000.00 |
| Mar 31, 2015 | 288,000.00 |
| Dec 31, 2014 | 1.01 Mn |
| Dec 31, 2014 | 1.01 Mn |
| Sep 30, 2014 | 293,000.00 |
| Sep 30, 2014 | 293,000.00 |
| Jun 30, 2014 | 563,000.00 |
| Jun 30, 2014 | 563,000.00 |
| Mar 31, 2014 | 311,000.00 |
| Mar 31, 2014 | 311,000.00 |
| Dec 31, 2013 | 76,000.00 |
| Dec 31, 2013 | 76,000.00 |
| Sep 30, 2013 | 116,000.00 |
| Sep 30, 2013 | 116,000.00 |
| Jun 30, 2013 | 54,000.00 |
| Jun 30, 2013 | 54,000.00 |
| Mar 31, 2013 | 80,000.00 |
| Mar 31, 2013 | 80,000.00 |
| Jun 30, 2012 | 67,000.00 |
| Jun 30, 2012 | 67,000.00 |
| Mar 31, 2012 | 70,000.00 |
| Mar 31, 2012 | 70,000.00 |
| Dec 31, 2011 | 334,000.00 |
| Dec 31, 2011 | 334,000.00 |
| Sep 30, 2011 | 130,000.00 |
| Sep 30, 2011 | 130,000.00 |
| Sep 30, 2010 | 54,000.00 |
| Sep 30, 2010 | 54,000.00 |