Mercantile Bank (MBWM) EBT (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly EBT of $31.2 million for Q2 2026, up 20.1% year-over-year from $26.0 million in Q2 2025, and up 14.29% on a QoQ basis from $27.3 million in Q1 2026.
Mercantile Bank (MBWM) EBT (2010 - 2026) Analysis & Trends
Mercantile Bank has reported EBT for 17 years, with the latest figure at $31.2 million in Q2 2026.
- EBT for Q2 2026 came in at $31.2 million, up 20.1% year-over-year; the trailing twelve-month figure through Jun 2026 was $111.9 million (up 14.48% YoY), and the FY2025 annual result was $103.5 million, up 5.3% from the prior year.
- EBT rose to $31.2 million in Q2 2026, from $27.3 million in the prior quarter.
- Over five years, EBT peaked at $31.2 million in Q2 2026 and troughed at $14.3 million in Q1 2022.
- A 5-year average of $24.4 million and a median of $25.7 million in 2023 frame the typical range for EBT.
- The widest annual swing landed in 2022, when EBT plunged 34.52%; it then soared 82.51% in 2023.
- A 5-year view of EBT shows it stood at $26.9 million in 2022, then retreated by 6.19% to $25.2 million in 2023, then fell by 7.86% to $23.2 million in 2024, then gained by 12.13% to $26.0 million in 2025, then grew by 19.72% to $31.2 million in 2026.
- Per Business Quant data, the three most recent EBT figures were $31.2 million in Q2 2026, $27.3 million in Q1 2026, and $26.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 2.59 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 2.72 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 3.04 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | 3.07 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 3.91 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 1.24 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 1.82 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 1.04 Bn |
| 10 | Mercantile Bank | 1.03 Bn | 692.04 Mn | - | 31.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.18 Mn |
| Mar 31, 2026 | 27.28 Mn |
| Dec 31, 2025 | 26.05 Mn |
| Sep 30, 2025 | 27.44 Mn |
| Jun 30, 2025 | 25.96 Mn |
| Mar 31, 2025 | 24.05 Mn |
| Dec 31, 2024 | 23.23 Mn |
| Sep 30, 2024 | 24.56 Mn |
| Jun 30, 2024 | 23.52 Mn |
| Mar 31, 2024 | 26.99 Mn |
| Dec 31, 2023 | 25.21 Mn |
| Sep 30, 2023 | 25.99 Mn |
| Jun 30, 2023 | 25.37 Mn |
| Mar 31, 2023 | 26.14 Mn |
| Dec 31, 2022 | 26.87 Mn |
| Sep 30, 2022 | 19.97 Mn |
| Jun 30, 2022 | 14.63 Mn |
| Mar 31, 2022 | 14.32 Mn |
| Dec 31, 2021 | 15.22 Mn |
| Sep 30, 2021 | 18.58 Mn |