Mercantile Bank (MBWM) EBIT (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly EBIT of $74.7 million for Q2 2026, up 27.81% year-over-year from $58.4 million in Q2 2025, and up 9.94% on a QoQ basis from $67.9 million in Q1 2026.
Mercantile Bank (MBWM) EBIT (2010 - 2026) Analysis & Trends
Mercantile Bank has reported EBIT for 17 years, with the latest figure at $74.7 million in Q2 2026.
- EBIT for Q2 2026 came in at $74.7 million, up 27.81% year-over-year; the trailing twelve-month figure through Jun 2026 was $268.6 million (up 0.9% YoY), and the FY2025 annual result was $232.9 million, up 1.85% from the prior year.
- EBIT climbed to $74.7 million in Q2 2026, from $67.9 million in the prior quarter.
- Over five years, EBIT peaked at $119.2 million in Q3 2023 and troughed at $13.7 million in Q4 2022.
- A 5-year average of $75.2 million and a median of $74.4 million in 2024 frame the typical range for EBIT.
- The widest annual swing landed in 2022, when EBIT jumped 470.55%; it then tumbled 37.81% in 2024.
- A 5-year view of EBIT shows it stood at $13.7 million in 2022, then jumped by 296.8% to $54.4 million in 2023, then grew by 3.32% to $56.2 million in 2024, then advanced by 2.49% to $57.6 million in 2025, then increased by 29.74% to $74.7 million in 2026.
- Per Business Quant data, the three most recent EBIT figures were $74.7 million in Q2 2026, $67.9 million in Q1 2026, and $57.6 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.89 Bn | 84.69 Bn | - | - |
| 2 | Pnc Financial Services | 97.63 Bn | 97.63 Bn | - | 5.17 Bn |
| 3 | Us Bancorp | 95.95 Bn | 95.95 Bn | - | 5.96 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 3.04 Bn |
| 5 | NatWest | 74.74 Bn | -144.35 Bn | - | -1.13 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.98 Bn | -81.34 Bn | - | 11.84 Bn |
| 7 | Nu Holdings | 71.00 Bn | 57.31 Bn | 2.35 Bn | 2.95 Bn |
| 8 | Truist Financial | 61.53 Bn | 61.53 Bn | - | 4.16 Bn |
| 9 | Fifth Third Bancorp | 49.61 Bn | 25.88 Bn | - | 2.19 Bn |
| 10 | Mercantile Bank | 1.03 Bn | 689.01 Mn | - | 90.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 74.68 Mn |
| Mar 31, 2026 | 67.93 Mn |
| Dec 31, 2025 | -69.17 Mn |
| Sep 30, 2025 | 68.45 Mn |
| Jun 30, 2025 | 74.19 Mn |
| Mar 31, 2025 | 77.51 Mn |
| Dec 31, 2024 | 57.35 Mn |
| Sep 30, 2024 | 74.12 Mn |
| Jun 30, 2024 | 91.83 Mn |
| Mar 31, 2024 | 95.45 Mn |
| Dec 31, 2023 | 54.36 Mn |
| Sep 30, 2023 | 119.19 Mn |
| Jun 30, 2023 | 103.86 Mn |
| Mar 31, 2023 | 98.66 Mn |
| Dec 31, 2022 | 33.26 Mn |
| Sep 30, 2022 | 111.74 Mn |
| Jun 30, 2022 | 75.23 Mn |
| Mar 31, 2022 | 55.47 Mn |
| Dec 31, 2021 | 20.65 Mn |
| Sep 30, 2021 | 24.54 Mn |