Mercantile Bank (MBWM) Income towards Parent Company (2010 - 2026)
Mercantile Bank (MBWM) posted Income towards Parent Company of $25.93 million for Q2 2026, up 14.6% from $22.62 million a year earlier and up 14.3% from the prior quarter.
Mercantile Bank (MBWM) Income towards Parent Company (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Income towards Parent Company at Mercantile Bank was $95.21 million, up 17.0% year-over-year; for FY2025, it came in at $88.75 million, up 11.5% from FY2024.
- Annual Income towards Parent Company shows a five-year compound annual growth rate of 15.0% (FY2020 to FY2025).
- In prior years, Mercantile Bank's Income towards Parent Company was $79.59 million in FY2024 (-3.2%), $82.22 million in FY2023 (+34.6%), $61.06 million in FY2022 (+3.5%) and $59.02 million in FY2021 (+33.7%).
- The Q2 2026 figure stands as the highest quarterly Income towards Parent Company since Q4 2011.
- On a year-over-year basis, Income towards Parent Company has increased in each of the last five quarters, with growth averaging 8.9% over the last eight quarters.
- The strongest year-over-year quarter for Income towards Parent Company in the past five years was Q4 2022, with growth of 87.3%; the weakest was Q2 2022, with a decline of 35.1%.
- According to Business Quant data, Income towards Parent Company for the three prior quarters was $22.69 million (Q1 2026), $22.84 million (Q4 2025) and $23.76 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - |
| 10 | Mercantile Bank | 1.03 Bn | 1.03 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.93 Mn |
| 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 | 21.80 Mn |
| Sep 30, 2022 | 16.03 Mn |
| Jun 30, 2022 | 11.74 Mn |
| Mar 31, 2022 | 11.49 Mn |
| Dec 31, 2021 | 11.64 Mn |
| Sep 30, 2021 | 15.05 Mn |
Mercantile Bank Income towards Parent Company 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=income-towards-parent-company&ticker=MBWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-towards-parent-company", "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=income-towards-parent-company&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();