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Mercantile Bank (MBWM) Change in Interest Receivables: 2011-2024

Historic Change in Interest Receivables for Mercantile Bank (MBWM) over the last 14 years, with Dec 2024 value amounting to $1.6 million.

  • Mercantile Bank's Change in Interest Receivables fell 18.90% to $1.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $432,000, marking a year-over-year decrease of 84.61%. This contributed to the annual value of $1.6 million for FY2024, which is 63.16% down from last year.
  • Latest data reveals that Mercantile Bank reported Change in Interest Receivables of $1.6 million as of FY2024, which was down 63.16% from $4.3 million recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Change in Interest Receivables registered a high of $6.2 million during FY2022, and its lowest value of -$1.5 million during FY2021.
  • Its 3-year average for Change in Interest Receivables is $4.0 million, with a median of $4.3 million in 2023.
  • Per our database at Business Quant, Mercantile Bank's Change in Interest Receivables spiked by 1,810.42% in 2020 and then tumbled by 266.63% in 2021.
  • Over the past 5 years, Mercantile Bank's Change in Interest Receivables (Yearly) stood at $917,000 in 2020, then slumped by 266.63% to -$1.5 million in 2021, then soared by 503.47% to $6.2 million in 2022, then declined by 29.76% to $4.3 million in 2023, then slumped by 63.16% to $1.6 million in 2024.