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| Date | Value |
|---|---|
| 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 |