Mercantile Bank (MBWM) Interest Deposits (2010 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-deposits", "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=interest-deposits&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();