Mercantile Bank (MBWM) Change in Net Loans: 2011-2024
Historic Change in Net Loans for Mercantile Bank (MBWM) over the last 14 years, with Dec 2024 value amounting to $309.8 million.
- Mercantile Bank's Change in Net Loans fell 172.73% to -$83.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $75.0 million, marking a year-over-year decrease of 83.26%. This contributed to the annual value of $309.8 million for FY2024, which is 20.00% down from last year.
- Mercantile Bank's Change in Net Loans amounted to $309.8 million in FY2024, which was down 20.00% from $387.3 million recorded in FY2023.
- In the past 5 years, Mercantile Bank's Change in Net Loans ranged from a high of $462.4 million in FY2022 and a low of $267.9 million during FY2021.
- In the last 3 years, Mercantile Bank's Change in Net Loans had a median value of $387.3 million in 2023 and averaged $386.5 million.
- Per our database at Business Quant, Mercantile Bank's Change in Net Loans surged by 242.76% in 2020 and then declined by 21.54% in 2021.
- Over the past 5 years, Mercantile Bank's Change in Net Loans (Yearly) stood at $341.5 million in 2020, then decreased by 21.54% to $267.9 million in 2021, then surged by 72.61% to $462.4 million in 2022, then fell by 16.25% to $387.3 million in 2023, then declined by 20.00% to $309.8 million in 2024.