Mercantile Bank (MBWM) EBIT (2010 - 2026)
Mercantile Bank posted quarterly EBIT of $56.8 million for Q1 2026, up 1.74% year-on-year from $55.8 million in Q1 2025, and down 0.83% on a QoQ basis from $57.3 million in Q4 2025.
Mercantile Bank (MBWM) has 17 years of EBIT data on file, last reported at $56.8 million in Q1 2026.
- For the quarter ending Q1 2026, EBIT rose 1.74% year-over-year to $56.8 million; the trailing twelve-month figure through Mar 2026 stood at $233.6 million (up 2.38% YoY), and the FY2025 full-year result was $21.7 million, up 5.3% from the prior year.
- EBIT for Q1 2026 stood at $56.8 million, down from $57.3 million in the prior quarter.
- Across five years, EBIT topped out at $61.1 million in Q3 2025 and bottomed at $19.3 million in Q1 2022.
- The 5-year median for EBIT is $55.3 million (2024), against an average of $46.9 million.
- The widest annual swing landed in 2022, when EBIT slipped 27.13%; it then soared 120.33% in 2023.
- A 5-year view of EBIT shows it stood at $34.5 million in 2022, then surged by 46.01% to $50.4 million in 2023, then grew by 13.88% to $57.4 million in 2024, then decreased by 0.12% to $57.3 million in 2025, then declined by 0.83% to $56.8 million in 2026.
- The last three EBIT figures came in at $56.8 million (Q1 2026), $57.3 million (Q4 2025), and $61.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | 748,885.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 8.87 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 11.54 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 10.53 Bn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 832.02 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 4.67 Bn |
| 10 | Mercantile Bank | 899.78 Mn | 301.62 Mn | - | 56.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 56.81 Mn |
| Dec 31, 2025 | 57.28 Mn |
| Sep 30, 2025 | 61.08 Mn |
| Jun 30, 2025 | 58.44 Mn |
| Mar 31, 2025 | 55.84 Mn |
| Dec 31, 2024 | 57.35 Mn |
| Sep 30, 2024 | 59.68 Mn |
| Jun 30, 2024 | 55.32 Mn |
| Mar 31, 2024 | 56.35 Mn |
| Dec 31, 2023 | 50.36 Mn |
| Sep 30, 2023 | 48.18 Mn |
| Jun 30, 2023 | 43.73 Mn |
| Mar 31, 2023 | 38.24 Mn |
| Dec 31, 2022 | 34.49 Mn |
| Sep 30, 2022 | 25.73 Mn |
| Jun 30, 2022 | 19.85 Mn |
| Mar 31, 2022 | 19.32 Mn |
| Dec 31, 2021 | 19.73 Mn |
| Sep 30, 2021 | 23.35 Mn |
| Jun 30, 2021 | 27.24 Mn |
| Mar 31, 2021 | 22.83 Mn |
| Dec 31, 2020 | 23.51 Mn |
| Sep 30, 2020 | 19.28 Mn |
| Jun 30, 2020 | 17.33 Mn |
| Mar 31, 2020 | 20.79 Mn |
| Dec 31, 2019 | 24.24 Mn |
| Sep 30, 2019 | 24.27 Mn |
| Jun 30, 2019 | 23.17 Mn |
| Mar 31, 2019 | 22.59 Mn |
| Dec 31, 2018 | 20.61 Mn |
| Sep 30, 2018 | 18.14 Mn |
| Jun 30, 2018 | 16.76 Mn |
| Mar 31, 2018 | 18.22 Mn |
| Dec 31, 2017 | 16.96 Mn |
| Sep 30, 2017 | 16.43 Mn |
| Jun 30, 2017 | 14.31 Mn |
| Mar 31, 2017 | 14.18 Mn |
| Dec 31, 2016 | 15.33 Mn |
| Sep 30, 2016 | 14.73 Mn |
| Jun 30, 2016 | 13.92 Mn |
| Mar 31, 2016 | 15.51 Mn |
| Dec 31, 2015 | 12.03 Mn |
| Sep 30, 2015 | 13.59 Mn |
| Jun 30, 2015 | 11.93 Mn |
| Mar 31, 2015 | 12.44 Mn |
| Dec 31, 2014 | 11.88 Mn |
| Sep 30, 2014 | 11.46 Mn |
| Jun 30, 2014 | 5.40 Mn |
| Mar 31, 2014 | 7.79 Mn |
| Dec 31, 2013 | 10.38 Mn |
| Sep 30, 2013 | 8.13 Mn |
| Jun 30, 2013 | 8.45 Mn |
| Mar 31, 2013 | 8.95 Mn |
| Dec 31, 2012 | 7.25 Mn |
| Sep 30, 2012 | 7.04 Mn |
| Jun 30, 2012 | 9.27 Mn |
| Mar 31, 2012 | 7.83 Mn |
| Dec 31, 2011 | 7.03 Mn |
| Sep 30, 2011 | 7.77 Mn |
| Jun 30, 2011 | 8.02 Mn |
| Mar 31, 2011 | 7.13 Mn |
| Dec 31, 2010 | 3.85 Mn |
| Sep 30, 2010 | 1.72 Mn |
| Jun 30, 2010 | 7.05 Mn |