Mercantile Bank (MBWM) Change in Accured Expenses (2010 - 2026)
Mercantile Bank posted quarterly Change in Accured Expenses of -$7.0 million for Q1 2026, up 56.82% year-on-year from -$4.5 million in Q1 2025, and down 114.15% on a QoQ basis from -$3.3 million in Q4 2025.
Mercantile Bank (MBWM) has 17 years of Change in Accured Expenses data on file, last reported at -$7.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Accured Expenses rose 56.82% year-over-year to -$7.0 million; the trailing twelve-month figure through Mar 2026 stood at -$12.8 million (down 2136.68% YoY), and the FY2025 full-year result was -$22.0 million, down 178.91% from the prior year.
- Change in Accured Expenses for Q1 2026 stood at -$7.0 million, down from -$3.3 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $23.8 million in Q4 2024 and bottomed at -$16.3 million in Q1 2025.
- The 5-year median for Change in Accured Expenses is $1.9 million (2025), against an average of $2.7 million.
- The widest annual swing landed in 2022, when Change in Accured Expenses surged 2122.15%; it then tumbled 1158.41% in 2023.
- A 5-year view of Change in Accured Expenses shows it stood at $464000.0 in 2022, then sank by 1158.41% to -$4.9 million in 2023, then soared by 585.12% to $23.8 million in 2024, then sank by 113.76% to -$3.3 million in 2025, then sank by 114.15% to -$7.0 million in 2026.
- The last three Change in Accured Expenses figures came in at -$7.0 million (Q1 2026), -$3.3 million (Q4 2025), and $1.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | -39,000.00 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 7.01 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | -1.76 Bn |
| 10 | Mercantile Bank | 899.78 Mn | 301.62 Mn | - | -7.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.02 Mn |
| Mar 31, 2026 | -7.02 Mn |
| Dec 31, 2025 | -3.28 Mn |
| Dec 31, 2025 | -3.28 Mn |
| Sep 30, 2025 | 1.95 Mn |
| Sep 30, 2025 | 1.95 Mn |
| Jun 30, 2025 | -4.42 Mn |
| Jun 30, 2025 | -4.42 Mn |
| Mar 31, 2025 | -16.26 Mn |
| Mar 31, 2025 | -16.26 Mn |
| Dec 31, 2024 | 23.82 Mn |
| Dec 31, 2024 | 23.82 Mn |
| Sep 30, 2024 | -16.04 Mn |
| Sep 30, 2024 | -16.04 Mn |
| Jun 30, 2024 | 9.11 Mn |
| Jun 30, 2024 | 9.11 Mn |
| Mar 31, 2024 | 11.00 Mn |
| Mar 31, 2024 | 11.00 Mn |
| Dec 31, 2023 | -4.91 Mn |
| Dec 31, 2023 | -4.91 Mn |
| Sep 30, 2023 | 22.04 Mn |
| Sep 30, 2023 | 22.04 Mn |
| Jun 30, 2023 | 2.62 Mn |
| Jun 30, 2023 | 2.62 Mn |
| Mar 31, 2023 | -5.50 Mn |
| Mar 31, 2023 | -5.50 Mn |
| Dec 31, 2022 | 464,000.00 |
| Dec 31, 2022 | 464,000.00 |
| Sep 30, 2022 | 15.32 Mn |
| Sep 30, 2022 | 15.32 Mn |
| Jun 30, 2022 | 6.97 Mn |
| Jun 30, 2022 | 6.97 Mn |
| Mar 31, 2022 | 9.77 Mn |
| Mar 31, 2022 | 9.77 Mn |
| Dec 31, 2021 | -363,000.00 |
| Dec 31, 2021 | -363,000.00 |
| Sep 30, 2021 | -1.46 Mn |
| Sep 30, 2021 | -1.46 Mn |
| Jun 30, 2021 | -1.21 Mn |
| Jun 30, 2021 | -1.21 Mn |
| Mar 31, 2021 | -483,000.00 |
| Mar 31, 2021 | -483,000.00 |
| Dec 31, 2020 | 5.03 Mn |
| Dec 31, 2020 | 5.03 Mn |
| Sep 30, 2020 | 138,000.00 |
| Sep 30, 2020 | 138,000.00 |
| Jun 30, 2020 | -1.13 Mn |
| Jun 30, 2020 | -1.13 Mn |
| Mar 31, 2020 | -3.15 Mn |
| Mar 31, 2020 | -3.15 Mn |
| Dec 31, 2019 | 1.03 Mn |
| Dec 31, 2019 | 1.03 Mn |
| Sep 30, 2019 | 4.79 Mn |
| Sep 30, 2019 | 4.79 Mn |
| Jun 30, 2019 | 1.16 Mn |
| Jun 30, 2019 | 1.16 Mn |
| Mar 31, 2019 | -9.79 Mn |
| Mar 31, 2019 | -9.79 Mn |
| Dec 31, 2018 | 11.81 Mn |
| Dec 31, 2018 | 11.81 Mn |
| Sep 30, 2018 | 64,000.00 |
| Sep 30, 2018 | 64,000.00 |
| Jun 30, 2018 | -1.57 Mn |
| Jun 30, 2018 | -1.57 Mn |
| Mar 31, 2018 | 722,000.00 |
| Mar 31, 2018 | 722,000.00 |
| Dec 31, 2017 | -1.22 Mn |
| Dec 31, 2017 | -1.22 Mn |
| Sep 30, 2017 | 1.43 Mn |
| Sep 30, 2017 | 1.43 Mn |
| Jun 30, 2017 | -2.13 Mn |
| Jun 30, 2017 | -2.13 Mn |
| Mar 31, 2017 | 980,000.00 |
| Mar 31, 2017 | 980,000.00 |
| Dec 31, 2016 | -237,000.00 |
| Dec 31, 2016 | -237,000.00 |
| Sep 30, 2016 | -796,000.00 |
| Sep 30, 2016 | -796,000.00 |
| Jun 30, 2016 | -1.29 Mn |
| Jun 30, 2016 | -1.29 Mn |
| Mar 31, 2016 | 1.28 Mn |
| Mar 31, 2016 | 1.28 Mn |
| Dec 31, 2015 | -569,000.00 |
| Dec 31, 2015 | -569,000.00 |
| Sep 30, 2015 | 3.86 Mn |
| Sep 30, 2015 | 3.86 Mn |
| Jun 30, 2015 | -644,000.00 |
| Jun 30, 2015 | -644,000.00 |
| Mar 31, 2015 | 1.54 Mn |
| Mar 31, 2015 | 1.54 Mn |
| Dec 31, 2014 | -8.56 Mn |
| Dec 31, 2014 | -8.56 Mn |
| Sep 30, 2014 | -8.15 Mn |
| Sep 30, 2014 | -8.15 Mn |
| Jun 30, 2014 | 7.89 Mn |
| Jun 30, 2014 | 7.89 Mn |
| Mar 31, 2014 | -1.00 Mn |
| Mar 31, 2014 | -1.00 Mn |
| Dec 31, 2013 | 682,000.00 |
| Dec 31, 2013 | 682,000.00 |
| Sep 30, 2013 | 592,000.00 |
| Sep 30, 2013 | 592,000.00 |
| Jun 30, 2013 | 837,000.00 |
| Jun 30, 2013 | 837,000.00 |
| Mar 31, 2013 | -2.21 Mn |
| Mar 31, 2013 | -2.21 Mn |
| Jun 30, 2012 | 2.83 Mn |
| Jun 30, 2012 | 2.83 Mn |
| Mar 31, 2012 | 72,000.00 |
| Mar 31, 2012 | 72,000.00 |
| Dec 31, 2011 | -1.36 Mn |
| Dec 31, 2011 | -1.36 Mn |
| Sep 30, 2011 | -1.51 Mn |
| Sep 30, 2011 | -1.51 Mn |
| Sep 30, 2010 | -1.30 Mn |
| Sep 30, 2010 | -1.30 Mn |