Mercantile Bank (MBWM) EBT (2010 - 2026)
Mercantile Bank (MBWM) recorded EBT of $31.18 million in Q2 2026, up 20.1% from $25.96 million a year earlier and up 14.3% from the prior quarter.
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Analysis
Mercantile Bank (MBWM) EBT (2010 - 2026) Analysis & Trends
On a TTM basis, Mercantile Bank's EBT came in at $111.95 million as of Jun 30, 2026, up 14.5% year-over-year; for FY2025, it came in at $103.49 million, up 5.3% from FY2024.
- Annual EBT has a five-year compound annual growth rate of 13.5% (FY2020 to FY2025).
- Across earlier years, EBT came in at $98.29 million in FY2024 (-4.3%), $102.7 million in FY2023 (+35.5%), $75.79 million in FY2022 (+2.8%) and $73.72 million in FY2021 (+34.4%).
- The Q2 2026 figure is the highest quarterly EBT in data going back to Q2 2010.
- On a year-over-year basis, EBT has increased for five consecutive quarters, with growth averaging 5.4% over the last eight quarters.
- Peak year-over-year performance for EBT in the last five years was growth of 82.5% in Q1 2023, against a decline of 34.5% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $27.28 million (Q1 2026), $26.05 million (Q4 2025) and $27.44 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 27.52 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | 279.77 Bn |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 11.57 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 7.35 Bn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 5.56 Bn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | 7.02 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 8.56 Bn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 8.05 Bn |
| 10 | Mercantile Bank | 1.02 Bn | 1.02 Bn | - | 31.18 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Mercantile Bank EBT 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=ebt&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();