Mercantile Bank MBWM
NASDAQ MBWM
$59.50 +0.60 (+1.02%)
At close: Oct 2, 2026 · 4:00 PM EDT

Mercantile Bank (MBWM) Card Income (2014 - 2017)

Updated

Mercantile Bank (MBWM) reported Card Income of $1.26 million for Q4 2017, up 15.6% from $1.09 million a year earlier and up 4.0% from the prior quarter.

Analysis

Mercantile Bank (MBWM) Card Income (2014 - 2017) Analysis & Trends

For FY2017, Mercantile Bank posted Card Income of $4.76 million, up 11.3% from FY2016.

  • Card Income has a five-year compound annual growth rate of 39.8% (FY2012 to FY2017).
  • By year, Card Income came in at $4.28 million in FY2016 (-1.2%), $4.33 million in FY2015 (+73.6%), $2.49 million in FY2014 (+134.6%) and $1.06 million in FY2013 (+19.3%).
  • The Q4 2017 figure ranks as the highest quarterly Card Income in data going back to Q2 2014.
  • Year over year, Card Income has now increased in each of the last seven quarters, with growth averaging 5.4% over the last eight quarters.
  • The high point for year-over-year Card Income in five years was Q2 2015 (growth of 82.0%); the low point was Q1 2016 (a decline of 16.3%).
  • Per Business Quant data, the three quarters before Q4 2017 came in at $1.22 million (Q3 2017), $1.18 million (Q2 2017) and $1.11 million (Q1 2017).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Jpmorgan Chase 886.05 Bn 915.53 Bn -
2 Banco Santander Chile 409.93 Bn 529.88 Bn -
3 Bank Of America 377.01 Bn -1,999.06 Bn -
4 Hsbc Holdings 329.11 Bn 329.16 Bn -
5 Morgan Stanley 295.54 Bn -213.55 Bn -
6 Royal Bank Of Canada 273.59 Bn 124.33 Bn -
7 Mitsubishi Ufj Financial 268.33 Bn -1,320.16 Bn 10.89 Bn
8 Goldman Sachs 261.29 Bn -3,295.82 Bn -
9 Wells Fargo & Company 243.13 Bn 245.26 Bn -
10 Mercantile Bank 1.02 Bn 1.02 Bn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2017 1.26 Mn
Sep 30, 2017 1.22 Mn
Jun 30, 2017 1.18 Mn
Mar 31, 2017 1.11 Mn
Dec 31, 2016 1.09 Mn
Sep 30, 2016 1.09 Mn
Jun 30, 2016 1.08 Mn
Mar 31, 2016 1.02 Mn
Dec 31, 2015 1.03 Mn
Sep 30, 2015 1.01 Mn
Jun 30, 2015 1.08 Mn
Mar 31, 2015 1.21 Mn
Dec 31, 2014 865,000.00
Sep 30, 2014 782,000.00
Jun 30, 2014 593,000.00
API Access

Mercantile Bank Card Income 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=card-income&ticker=MBWM&period=max&api_key=YOUR_API_KEY