Mercantile Bank (MBWM) Capital Expenditures (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Capital Expenditures of $328000.0 for Q2 2026, down 86.11% year-over-year from $2.4 million in Q2 2025, and down 65.03% on a QoQ basis from $938000.0 in Q1 2026.
Mercantile Bank (MBWM) Capital Expenditures (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Capital Expenditures for 17 years, with the latest figure at $328000.0 in Q2 2026.
- Capital Expenditures for Q2 2026 came in at $328000.0, down 86.11% year-over-year; the trailing twelve-month figure through Jun 2026 was $4.1 million (down 59.08% YoY), and the FY2025 annual result was $6.8 million, down 20.7% from the prior year.
- Capital Expenditures eased to $328000.0 in Q2 2026, from $938000.0 in the prior quarter.
- Over five years, Capital Expenditures peaked at $5.6 million in Q3 2024 and troughed at $67000.0 in Q2 2022.
- A 5-year average of $1.5 million and a median of $1.2 million in 2023 frame the typical range for Capital Expenditures.
- The widest annual swing landed in 2022, when Capital Expenditures sank 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 slumped by 35.84% to $546000.0 in 2023, then rose by 8.06% to $590000.0 in 2024, then sank by 61.53% to $227000.0 in 2025, then soared by 44.49% to $328000.0 in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $328000.0 in Q2 2026, $938000.0 in Q1 2026, and $227000.0 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (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 | - | 84.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - | 328,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 328,000.00 |
| Jun 30, 2026 | 328,000.00 |
| 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 |