Mercantile Bank MBWM
NASDAQ MBWM
$58.90 +0.58 (+0.99%)
At close: Oct 1, 2026 · 4:00 PM EDT

Mercantile Bank (MBWM) Interest Deposits (2010 - 2026)

Updated

Mercantile Bank (MBWM) posted Interest Deposits of $271.13 million for Q2 2026, up 37.5% from $197.17 million a year earlier but down 48.9% from the prior quarter.

Analysis

Mercantile Bank (MBWM) Interest Deposits (2010 - 2026) Analysis & Trends

At the end of FY2025, Mercantile Bank's Interest Deposits came in at $418.57 million, up 24.6% from FY2024.

  • Annual Interest Deposits has increased for three consecutive years, though with a five-year compound annual growth rate of -5.8% (FY2020 to FY2025).
  • In prior years, Mercantile Bank's Interest Deposits was $336.02 million in FY2024 (+458.9%), $60.13 million in FY2023 (+72.4%), $34.88 million in FY2022 (-96.2%) and $915.76 million in FY2021 (+62.6%).
  • Quarterly Interest Deposits has run from a low of $10.79 million in Q1 2023 to a high of $915.76 million in Q4 2021 over five years.
  • On a year-over-year basis, Interest Deposits has increased in each of the last eight quarters, with growth averaging 99.8% over the last eight quarters.
  • The strongest year-over-year quarter for Interest Deposits in the past five years was Q4 2024, with growth of 458.9%; the weakest was Q1 2023, with a decline of 98.5%.
  • According to Business Quant data, Interest Deposits for the three prior quarters was $530.87 million (Q1 2026), $418.57 million (Q4 2025) and $418.43 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Deposits (Qtr)
1 Jpmorgan Chase 879.54 Bn 909.01 Bn - 285.09 Bn
2 Banco Santander Chile 418.48 Bn 538.42 Bn - -
3 Bank Of America 381.92 Bn -1,994.15 Bn - 201.65 Bn
4 Hsbc Holdings 341.10 Bn 341.15 Bn - -
5 Morgan Stanley 295.71 Bn -213.38 Bn - -
6 Royal Bank Of Canada 275.38 Bn 126.13 Bn - 36.17 Bn
7 Mitsubishi Ufj Financial 273.79 Bn -1,314.70 Bn 10.89 Bn -
8 Goldman Sachs 262.78 Bn -3,294.34 Bn - -
9 Wells Fargo & Company 242.61 Bn 244.75 Bn - 161.21 Bn
10 Mercantile Bank 1.01 Bn 1.01 Bn - 271.13 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 271.13 Mn
Mar 31, 2026 530.87 Mn
Dec 31, 2025 418.57 Mn
Sep 30, 2025 418.43 Mn
Jun 30, 2025 197.17 Mn
Mar 31, 2025 315.14 Mn
Dec 31, 2024 336.02 Mn
Sep 30, 2024 240.78 Mn
Jun 30, 2024 135.77 Mn
Mar 31, 2024 184.63 Mn
Dec 31, 2023 60.13 Mn
Sep 30, 2023 201.44 Mn
Jun 30, 2023 138.66 Mn
Mar 31, 2023 10.79 Mn
Dec 31, 2022 34.88 Mn
Sep 30, 2022 220.91 Mn
Jun 30, 2022 389.94 Mn
Mar 31, 2022 698.72 Mn
Dec 31, 2021 915.76 Mn
Sep 30, 2021 741.56 Mn
API Access

Mercantile Bank Interest Deposits 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=interest-deposits&ticker=MBWM&period=max&api_key=YOUR_API_KEY