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Mercantile Bank (MBWM) Interest Deposits: 2012-2024

Historic Interest Deposits for Mercantile Bank (MBWM) over the last 11 years, with Dec 2024 value amounting to $336.0 million.

  • Mercantile Bank's Interest Deposits rose 73.78% to $418.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $418.4 million, marking a year-over-year increase of 73.78%. This contributed to the annual value of $336.0 million for FY2024, which is 458.87% up from last year.
  • Mercantile Bank's Interest Deposits amounted to $336.0 million in FY2024, which was up 458.87% from $60.1 million recorded in FY2023.
  • Mercantile Bank's 5-year Interest Deposits high stood at $915.8 million for FY2021, and its period low was $34.9 million during FY2022.
  • Moreover, its 3-year median value for Interest Deposits was $60.1 million (2023), whereas its average is $143.7 million.
  • In the last 5 years, Mercantile Bank's Interest Deposits tumbled by 96.19% in 2022 and then skyrocketed by 458.87% in 2024.
  • Yearly analysis of 5 years shows Mercantile Bank's Interest Deposits stood at $563.2 million in 2020, then spiked by 62.61% to $915.8 million in 2021, then slumped by 96.19% to $34.9 million in 2022, then surged by 72.39% to $60.1 million in 2023, then skyrocketed by 458.87% to $336.0 million in 2024.