Mercantile Bank Corp (MBWM) Common Equity (2010 - 2026)
Mercantile Bank (MBWM) posted Common Equity of $755.12 million for Q2 2026, up 19.6% from $631.52 million a year earlier and up 2.5% from the prior quarter.
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Analysis
Mercantile Bank Corp (MBWM) Common Equity (2010 - 2026) Analysis & Trends
At the end of FY2025, Mercantile Bank's Common Equity came in at $724.88 million, up 24.0% from FY2024.
- Annual Common Equity has increased for three consecutive years, with a five-year compound annual growth rate of 10.4% (FY2020 to FY2025).
- In prior years, Mercantile Bank's Common Equity was $584.53 million in FY2024 (+11.9%), $522.15 million in FY2023 (+18.3%), $441.41 million in FY2022 (-3.3%) and $456.56 million in FY2021 (+3.4%).
- The Q2 2026 figure stands as the highest quarterly Common Equity in data going back to Q2 2010.
- On a year-over-year basis, Common Equity has increased in each of the last 14 quarters, with growth averaging 17.3% over the last eight quarters.
- The strongest year-over-year quarter for Common Equity in the past five years was Q4 2025, with growth of 24.0%; the weakest was Q3 2022, with a decline of 8.0%.
- According to Business Quant data, Common Equity for the three prior quarters was $736.95 million (Q1 2026), $724.88 million (Q4 2025) and $657.63 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 755.12 Mn |
| Mar 31, 2026 | 736.95 Mn |
| Dec 31, 2025 | 724.88 Mn |
| Sep 30, 2025 | 657.63 Mn |
| Jun 30, 2025 | 631.52 Mn |
| Mar 31, 2025 | 608.35 Mn |
| Dec 31, 2024 | 584.53 Mn |
| Sep 30, 2024 | 583.31 Mn |
| Jun 30, 2024 | 551.15 Mn |
| Mar 31, 2024 | 536.64 Mn |
| Dec 31, 2023 | 522.15 Mn |
| Sep 30, 2023 | 483.21 Mn |
| Jun 30, 2023 | 478.70 Mn |
| Mar 31, 2023 | 467.37 Mn |
| Dec 31, 2022 | 441.41 Mn |
| Sep 30, 2022 | 416.26 Mn |
| Jun 30, 2022 | 428.98 Mn |
| Mar 31, 2022 | 436.47 Mn |
| Dec 31, 2021 | 456.56 Mn |
| Sep 30, 2021 | 452.28 Mn |
API Access
Mercantile Bank Corp Common Equity 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=common-equity&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();