Mercantile Bank (MBWM) Capital Expenditures (2010 - 2026)
Mercantile Bank (MBWM) posted Capital Expenditures of $938000.0 for Q1 2026, up 313.22% on a QoQ basis from $227000.0 in Q4 2025, and down 38.97% year-over-year from $1.5 million in Q1 2025.
Mercantile Bank (MBWM) Capital Expenditures (2010 - 2026) Analysis & Trends
Mercantile Bank's Capital Expenditures history runs 17 years deep, the most recent figure standing at $938000.0 for Q1 2026.
- Quarterly Capital Expenditures fell 38.97% year-over-year to $938000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.2 million (down 28.36% YoY) and the FY2025 annual result came in at $6.8 million, down 20.7% from the prior year.
- Capital Expenditures was $938000.0 for Q1 2026 at Mercantile Bank, 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.
- A 5-year average of $1.5 million and a median of $1.5 million in 2023 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2022 — Capital Expenditures sank 96.57% — and 2023, when it soared 3141.79%.
- Mercantile Bank's Capital Expenditures stood at $851000.0 in 2022, then slumped by 35.84% to $546000.0 in 2023, then advanced by 8.06% to $590000.0 in 2024, then sank by 61.53% to $227000.0 in 2025, then surged by 313.22% to $938000.0 in 2026.
- Business Quant data shows MBWM's Capital Expenditures at $938000.0 in Q1 2026, $227000.0 in Q4 2025, and $2.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -385,108.26 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -26.15 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -5,461.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 489,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 119,000.00 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | Mercantile Bank | 985.63 Mn | 406.32 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 |