Mercantile Bank (MBWM) Income from Continuing Operations (2010 - 2026)
Mercantile Bank (MBWM) posted Income from Continuing Operations of 22685000.0 for Q1 2026, up 43.16% on a QoQ basis from 15846000.0 in Q4 2025, and up 16.11% year-over-year from 19537000.0 in Q1 2025.
Mercantile Bank (MBWM) Income from Continuing Operations (2010 - 2026) Analysis & Trends
Mercantile Bank's Income from Continuing Operations history runs 17 years deep, the most recent figure standing at 22685000.0 for Q1 2026.
- Quarterly Income from Continuing Operations rose 16.11% year-over-year to 22685000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 84907000.0 (down 11.57% YoY) and the FY2025 annual result came in at 81759000.0, down 16.61% from the prior year.
- Income from Continuing Operations was 22685000.0 for Q1 2026 at Mercantile Bank, up from 15846000.0 in the prior quarter.
- Across five years, Income from Continuing Operations topped out at 40299000.0 in Q4 2023 and bottomed at 11492000.0 in Q1 2022.
- A 5-year average of 21461588.24 and a median of 20615000.0 in 2022 frame the typical range for Income from Continuing Operations.
- Annual changes were most pronounced in 2023 — Income from Continuing Operations soared 95.48% — and 2025, when it slumped 58.39%.
- Mercantile Bank's Income from Continuing Operations stood at 20615000.0 in 2022, then surged by 95.48% to 40299000.0 in 2023, then fell by 5.51% to 38078000.0 in 2024, then slumped by 58.39% to 15846000.0 in 2025, then surged by 43.16% to 22685000.0 in 2026.
- Business Quant data shows MBWM's Income from Continuing Operations at 22685000.0 in Q1 2026, 15846000.0 in Q4 2025, and 23758000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 1.77 Bn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -385.94 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 424,936.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 3.45 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 2.24 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | 3.36 Bn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 4.33 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 5.07 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 1.77 Bn |
| 10 | Mercantile Bank | 985.63 Mn | 406.32 Mn | - | 22.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.69 Mn |
| Dec 31, 2025 | 15.85 Mn |
| Sep 30, 2025 | 23.76 Mn |
| Jun 30, 2025 | 22.62 Mn |
| Mar 31, 2025 | 19.54 Mn |
| Dec 31, 2024 | 38.08 Mn |
| Sep 30, 2024 | 19.62 Mn |
| Jun 30, 2024 | 18.79 Mn |
| Mar 31, 2024 | 21.56 Mn |
| Dec 31, 2023 | 40.30 Mn |
| Sep 30, 2023 | 20.86 Mn |
| Jun 30, 2023 | 20.36 Mn |
| Mar 31, 2023 | 20.97 Mn |
| Dec 31, 2022 | 20.62 Mn |
| Sep 30, 2022 | 16.03 Mn |
| Jun 30, 2022 | 11.74 Mn |
| Mar 31, 2022 | 11.49 Mn |
| Dec 31, 2021 | 13.66 Mn |
| Sep 30, 2021 | 15.05 Mn |
| Jun 30, 2021 | 18.09 Mn |