Mercantile Bank (MBWM) Interest Expense - Others (2009 - 2026)
Mercantile Bank's Interest Expense - Others came in at $1.43 million for Q3 2026, down 27.6% from $1.97 million a year earlier and down 3.9% from the prior quarter.
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Analysis
Mercantile Bank (MBWM) Interest Expense - Others (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Mercantile Bank reported Interest Expense - Others of $6.21 million, down 19.9% year-over-year; for FY2025, it was $7.46 million, down 3.3% from FY2024.
- Interest Expense - Others carries a five-year compound annual growth rate of 112.3% (FY2020 to FY2025).
- Going back by year, Interest Expense - Others was $7.72 million in FY2024 (+171.1%), $2.85 million in FY2023 (+868.4%), $294,000 in FY2022 (+72.9%) and $170,000 in FY2021 (-1.7%).
- The Q3 2026 figure represents the lowest quarterly Interest Expense - Others since Q4 2023.
- Year-over-year, Interest Expense - Others has declined for five consecutive quarters, with growth averaging 11.6% over the last eight quarters.
- The fastest year-over-year change in Interest Expense - Others over five years came in Q1 2023 (growth of 818.0%), and the weakest in Q3 2026 (a decline of 27.6%).
- Business Quant data shows MBWM's Interest Expense - Others at $1.49 million (Q2 2026), $1.48 million (Q1 2026) and $1.81 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn |
| 10 | Mercantile Bank | 1.06 Bn | -4.34 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.43 Mn |
| Jun 30, 2026 | 1.49 Mn |
| Mar 31, 2026 | 1.48 Mn |
| Dec 31, 2025 | 1.81 Mn |
| Sep 30, 2025 | 1.97 Mn |
| Jun 30, 2025 | 1.92 Mn |
| Mar 31, 2025 | 1.76 Mn |
| Dec 31, 2024 | 2.09 Mn |
| Sep 30, 2024 | 2.22 Mn |
| Jun 30, 2024 | 1.76 Mn |
| Mar 31, 2024 | 1.65 Mn |
| Dec 31, 2023 | 781,000.00 |
| Sep 30, 2023 | 693,000.00 |
| Jun 30, 2023 | 914,000.00 |
| Mar 31, 2023 | 459,000.00 |
| Dec 31, 2022 | 141,000.00 |
| Sep 30, 2022 | 53,000.00 |
| Jun 30, 2022 | 49,000.00 |
| Mar 31, 2022 | 50,000.00 |
| Dec 31, 2021 | 48,000.00 |
API Access
Mercantile Bank Interest Expense - Others 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-expense-others&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-others", "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-expense-others&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();