Mercantile Bank (MBWM) Change in Loans: 2011-2024

Historic Change in Loans for Mercantile Bank (MBWM) over the last 14 years, with Dec 2024 value amounting to $384.8 million.

  • Mercantile Bank's Change in Loans rose 1.27% to $122.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $428.8 million, marking a year-over-year increase of 33.16%. This contributed to the annual value of $384.8 million for FY2024, which is 96.10% up from last year.
  • Latest data reveals that Mercantile Bank reported Change in Loans of $384.8 million as of FY2024, which was up 96.10% from $196.2 million recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Change in Loans registered a high of $686.4 million during FY2021, and its lowest value of $196.2 million during FY2023.
  • Moreover, its 3-year median value for Change in Loans was $237.8 million (2022), whereas its average is $272.9 million.
  • Per our database at Business Quant, Mercantile Bank's Change in Loans spiked by 159.61% in 2020 and then crashed by 65.36% in 2022.
  • Over the past 5 years, Mercantile Bank's Change in Loans (Yearly) stood at $677.6 million in 2020, then increased by 1.30% to $686.4 million in 2021, then slumped by 65.36% to $237.8 million in 2022, then dropped by 17.48% to $196.2 million in 2023, then soared by 96.10% to $384.8 million in 2024.