Mercantile Bank MBWM
NASDAQ MBWM
$61.05 -0.31 (-0.51%)
As of: Nov 11, 2026 · 1:25 PM EST

Mercantile Bank (MBWM) Change in Net Loans (2009 - 2026)

Updated

Mercantile Bank (MBWM) reported Change in Net Loans of $98.21 million for Q2 2026, up 60.1% from $61.36 million a year earlier.

Analysis

Mercantile Bank (MBWM) Change in Net Loans (2009 - 2026) Analysis & Trends

Over the twelve months ended Jun 30, 2026, Mercantile Bank's Change in Net Loans came in at $14.74 million, down 94.6% year-over-year; for FY2025, it came in at $19.25 million, down 93.8% from FY2024.

  • Change in Net Loans has declined for three consecutive years, with a five-year compound annual growth rate of -43.7% (FY2020 to FY2025).
  • By year, Change in Net Loans came in at $309.83 million in FY2024 (-20.0%), $387.28 million in FY2023 (-16.2%), $462.43 million in FY2022 (+72.6%) and $267.9 million in FY2021 (-21.5%).
  • The Q2 2026 figure ranks as the highest quarterly Change in Net Loans since Q3 2024.
  • Year over year, Change in Net Loans gained in three of the last six quarters, with growth averaging 11.8%.
  • The high point for year-over-year Change in Net Loans in five years was Q4 2023 (growth of 460.0%); the low point was Q4 2025 (a decline of 90.8%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at -$5.71 million (Q1 2026), $5.65 million (Q4 2025) and -$83.41 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Net Loans (Qtr)
1 Jpmorgan Chase 909.02 Bn 886.77 Bn - 56.27 Bn
2 Banco Santander Chile 406.67 Bn -7,110.43 Bn - -
3 Bank Of America 350.91 Bn -2,025.20 Bn - -
4 Hsbc Holdings 308.71 Bn -2,966.46 Bn - -
5 Morgan Stanley 293.66 Bn -249.15 Bn - 8.09 Bn
6 Royal Bank Of Canada 283.56 Bn -546.44 Bn - -
7 Goldman Sachs 262.71 Bn -3,480.74 Bn - 14.56 Bn
8 Wells Fargo & Company 257.44 Bn 92.87 Bn - 20.45 Bn
9 Mitsubishi Ufj Financial 256.82 Bn -75.42 Bn 10.89 Bn -
10 Mercantile Bank 1.06 Bn -4.34 Bn - 37.09 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 37.09 Mn
Jun 30, 2026 98.21 Mn
Mar 31, 2026 -5.71 Mn
Dec 31, 2025 5.65 Mn
Sep 30, 2025 -83.41 Mn
Jun 30, 2025 61.36 Mn
Mar 31, 2025 35.66 Mn
Dec 31, 2024 61.35 Mn
Sep 30, 2024 114.69 Mn
Jun 30, 2024 115.97 Mn
Mar 31, 2024 17.82 Mn
Dec 31, 2023 199.28 Mn
Sep 30, 2023 52.60 Mn
Jun 30, 2023 86.47 Mn
Mar 31, 2023 48.94 Mn
Dec 31, 2022 35.59 Mn
Sep 30, 2022 156.91 Mn
Jun 30, 2022 167.69 Mn
Mar 31, 2022 102.24 Mn
Dec 31, 2021 138.38 Mn
API Access

Mercantile Bank Change in Net Loans 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=change-in-net-loans&ticker=MBWM&period=max&api_key=YOUR_API_KEY