Mercantile Bank (MBWM) Income from Continuing Operations (2010 - 2026)

Mercantile Bank (MBWM) reported Income from Continuing Operations of 22685000.0 for Q1 2026, up 16.11% on a YoY basis from 19537000.0 in Q1 2025, and down 0.68% quarter-over-quarter from 22840000.0 in Q4 2025.

Mercantile Bank (MBWM) Income from Continuing Operations (2010 - 2026) Analysis & Trends

Mercantile Bank has reported Income from Continuing Operations for 17 years, with the latest figure at 22685000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Income from Continuing Operations rose 16.11% year-over-year to 22685000.0; the trailing twelve-month figure through Mar 2026 stood at 91901000.0 (up 18.48% YoY), and the FY2025 full-year result was 88753000.0, up 11.51% from the prior year.
  • Income from Continuing Operations for Q1 2026 stood at 22685000.0, down from 22840000.0 in the prior quarter.
  • The five-year high for Income from Continuing Operations was 23758000.0 in Q3 2025, with the low at 11492000.0 in Q1 2022.
  • Historically, Income from Continuing Operations has averaged 19585588.24 across 5 years, with a median of 20357000.0 in 2023.
  • Annual changes were most pronounced in 2022 — Income from Continuing Operations tumbled 35.12% — and 2023, when it surged 82.51%.
  • Mercantile Bank's Income from Continuing Operations stood at 20450000.0 in 2022, then decreased by 2.05% to 20030000.0 in 2023, then fell by 2.02% to 19626000.0 in 2024, then gained by 16.38% to 22840000.0 in 2025, then slipped by 0.68% to 22685000.0 in 2026.
  • The last three Income from Continuing Operations figures came in at 22685000.0 (Q1 2026), 22840000.0 (Q4 2025), and 23758000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Income (Continuing) (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - 424,936.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - 3.36 Bn
4 First Capital 215.78 Bn 215.63 Bn - 4.33 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 5.07 Mn
7 NatWest 168.65 Bn -51.67 Bn - 3.45 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - 1.13 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 1.91 Bn
10 Mercantile Bank 955.46 Mn 357.30 Mn - 22.69 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 22.69 Mn
Dec 31, 2025 22.84 Mn
Sep 30, 2025 23.76 Mn
Jun 30, 2025 22.62 Mn
Mar 31, 2025 19.54 Mn
Dec 31, 2024 19.63 Mn
Sep 30, 2024 19.62 Mn
Jun 30, 2024 18.79 Mn
Mar 31, 2024 21.56 Mn
Dec 31, 2023 20.03 Mn
Sep 30, 2023 20.86 Mn
Jun 30, 2023 20.36 Mn
Mar 31, 2023 20.97 Mn
Dec 31, 2022 20.45 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