Mercantile Bank (MBWM) Common Equity (2010 - 2026)

Mercantile Bank has reported Common Equity for 17 years, with the latest figure at $736.9 million in Q1 2026.

• For the quarter ending Q1 2026, Common Equity rose 21.14% year-over-year to $736.9 million; the trailing twelve-month figure through Mar 2026 stood at $736.9 million (up 21.14% YoY), and the FY2025 full-year result was $724.9 million, up 24.01% from the prior year.
• Common Equity for Q1 2026 stood at $736.9 million, up from $724.9 million in the prior quarter.
• The five-year high for Common Equity was $736.9 million in Q1 2026, with the low at $416.3 million in Q3 2022.
• Historically, Common Equity has averaged $546.4 million across 5 years, with a median of $536.6 million in 2024.
• Annual changes were most pronounced in 2022 — Common Equity slipped 7.96% — and 2025, when it advanced 24.01%.
• Mercantile Bank's Common Equity stood at $441.4 million in 2022, then advanced by 18.29% to $522.1 million in 2023, then increased by 11.95% to $584.5 million in 2024, then increased by 24.01% to $724.9 million in 2025, then grew by 1.66% to $736.9 million in 2026.
• The last three Common Equity figures came in at $736.9 million (Q1 2026), $724.9 million (Q4 2025), and $657.6 million (Q3 2025), per Business Quant data.