Mercantile Bank MBWM
NASDAQ MBWM
$59.50 +0.60 (+1.02%)
At close: Oct 2, 2026 · 4:00 PM EDT

Mercantile Bank (MBWM) Income towards Parent Company (2010 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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