Mercantile Bank (MBWM) Cash & Equivalents (2010 - 2026)

Mercantile Bank has reported Cash & Equivalents for 17 years, with the latest figure at $579.3 million in Q1 2026.

• For the quarter ending Q1 2026, Cash & Equivalents rose 50.29% year-over-year to $579.3 million; the trailing twelve-month figure through Mar 2026 stood at $579.3 million (up 50.29% YoY), and the FY2025 full-year result was $473.3 million, up 20.44% from the prior year.
• Cash & Equivalents for Q1 2026 stood at $579.3 million, up from $473.3 million in the prior quarter.
• The five-year high for Cash & Equivalents was $770.2 million in Q1 2022, with the low at $57.9 million in Q1 2023.
• Historically, Cash & Equivalents has averaged $332.9 million across 5 years, with a median of $296.1 million in 2025.
• Annual changes were most pronounced in 2023 — Cash & Equivalents slumped 92.48% — and 2024, when it soared 309.46%.
• Mercantile Bank's Cash & Equivalents stood at $96.8 million in 2022, then jumped by 34.89% to $130.5 million in 2023, then surged by 201.08% to $393.0 million in 2024, then advanced by 20.44% to $473.3 million in 2025, then climbed by 22.39% to $579.3 million in 2026.
• The last three Cash & Equivalents figures came in at $579.3 million (Q1 2026), $473.3 million (Q4 2025), and $477.0 million (Q3 2025), per Business Quant data.