Mercantile Bank (MBWM) Capital Expenditures (2010 - 2026)
Mercantile Bank (MBWM) posted Capital Expenditures of $328,000 for Q2 2026, down 86.1% from $2.36 million a year earlier and down 65.0% from the prior quarter.
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Analysis
Mercantile Bank (MBWM) Capital Expenditures (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Mercantile Bank was $4.13 million, down 59.1% year-over-year; for FY2025, it was $6.76 million, down 20.7% from FY2024.
- Annual Capital Expenditures shows a five-year compound annual growth rate of -5.5% (FY2020 to FY2025).
- In prior years, Mercantile Bank's Capital Expenditures was $8.53 million in FY2024 (+27.6%), $6.69 million in FY2023 (+121.6%), $3.02 million in FY2022 (-46.1%) and $5.6 million in FY2021 (-37.7%).
- Quarterly Capital Expenditures has run from a low of $67,000 in Q2 2022 to a high of $5.61 million in Q3 2024 over five years.
- On a year-over-year basis, Capital Expenditures has declined in each of the last four quarters, with growth averaging 28.7% over the last eight quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q1 2023, with growth of 655.4%; the weakest was Q2 2022, with a decline of 96.6%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $938,000 (Q1 2026), $227,000 (Q4 2025) and $2.64 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 819.00 Mn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 502.00 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | - |
| 10 | Mercantile Bank | 1.01 Bn | 1.01 Bn | - | 328,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 328,000.00 |
| Mar 31, 2026 | 938,000.00 |
| Dec 31, 2025 | 227,000.00 |
| Sep 30, 2025 | 2.64 Mn |
| Jun 30, 2025 | 2.36 Mn |
| Mar 31, 2025 | 1.54 Mn |
| Dec 31, 2024 | 590,000.00 |
| Sep 30, 2024 | 5.61 Mn |
| Jun 30, 2024 | 869,000.00 |
| Mar 31, 2024 | 1.46 Mn |
| Dec 31, 2023 | 546,000.00 |
| Sep 30, 2023 | 1.46 Mn |
| Jun 30, 2023 | 2.17 Mn |
| Mar 31, 2023 | 2.51 Mn |
| Dec 31, 2022 | 851,000.00 |
| Sep 30, 2022 | 1.77 Mn |
| Jun 30, 2022 | 67,000.00 |
| Mar 31, 2022 | 332,000.00 |
| Dec 31, 2021 | 1.35 Mn |
| Sep 30, 2021 | 695,000.00 |
API Access
Mercantile Bank Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();