Mercantile Bank (MBWM) Fed Funds Sold (2010 - 2025)

Mercantile Bank (MBWM) posted Fed Funds Sold of $21.5 million for Q3 2025, little changed on a QoQ basis from $21.5 million in Q2 2025, and little changed year-over-year from $21.5 million in Q3 2024.

Mercantile Bank (MBWM) Fed Funds Sold (2010 - 2025) Analysis & Trends

Mercantile Bank's Fed Funds Sold history runs 16 years deep, the most recent figure standing at $21.5 million for Q3 2025.

  • Quarterly Fed Funds Sold changed 0.0% year-over-year to $21.5 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $21.5 million (changed 0.0% YoY) and the FY2024 annual result came in at $21.5 million, changed 0.0% from the prior year.
  • Fed Funds Sold was $21.5 million for Q3 2025 at Mercantile Bank, roughly flat from $21.5 million in the prior quarter.
  • Across five years, Fed Funds Sold topped out at $21.5 million in Q2 2023 and bottomed at $17.7 million in Q1 2022.
  • A 5-year average of $19.8 million and a median of $21.5 million in 2023 frame the typical range for Fed Funds Sold.
  • Annual changes were most pronounced in 2022 — Fed Funds Sold retreated 1.56% — and 2023, when it advanced 21.4%.
  • Mercantile Bank's Fed Funds Sold stood at $18.0 million in 2021, then declined by 1.56% to $17.7 million in 2022, then gained by 21.4% to $21.5 million in 2023, then changed by 0.0% to $21.5 million in 2024, then changed by 0.0% to $21.5 million in 2025.
  • Business Quant data shows MBWM's Fed Funds Sold at $21.5 million in Q3 2025, $21.5 million in Q2 2025, and $21.5 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn -
6 Lloyds Banking 358.14 Bn 358.14 Bn -
7 First Capital 200.03 Bn 199.69 Bn -
8 Landmark Bancorp 187.97 Bn 187.94 Bn -
9 Pnc Financial Services 100.96 Bn 101.01 Bn -
10 Mercantile Bank 985.63 Mn 406.32 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2025 21.51 Mn
Jun 30, 2025 21.51 Mn
Mar 31, 2025 21.51 Mn
Dec 31, 2024 21.51 Mn
Sep 30, 2024 21.51 Mn
Jun 30, 2024 21.51 Mn
Mar 31, 2024 21.51 Mn
Dec 31, 2023 21.51 Mn
Sep 30, 2023 21.51 Mn
Jun 30, 2023 21.51 Mn
Mar 31, 2023 17.72 Mn
Dec 31, 2022 17.72 Mn
Sep 30, 2022 17.72 Mn
Jun 30, 2022 17.72 Mn
Mar 31, 2022 17.72 Mn
Dec 31, 2021 18.00 Mn
Sep 30, 2021 18.00 Mn
Jun 30, 2021 18.00 Mn
Mar 31, 2021 18.00 Mn
Dec 31, 2020 18.00 Mn