Mercantile Bank (MBWM) Interest Expense - Others (2010 - 2026)
Mercantile Bank's Interest Expense - Others came in at $2.97 million for Q2 2026, down 19.4% from $3.68 million a year earlier but up 100.6% from the prior quarter.
Mercantile Bank (MBWM) Interest Expense - Others (2010 - 2026) Analysis & Trends
For FY2025, Mercantile Bank's Interest Expense - Others 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 five-year range for quarterly Interest Expense - Others is $46,000 (Q3 2021) to $3.68 million (Q2 2025).
- Year-over-year, Interest Expense - Others has declined for four consecutive quarters, with growth averaging 55.4% 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 Q2 2026 (a decline of 19.4%).
- Business Quant data shows MBWM's Interest Expense - Others at $1.48 million (Q1 2026), $1.81 million (Q4 2025) and $1.97 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 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 | - |
| 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 | - |
| 10 | Mercantile Bank | 1.01 Bn | 1.01 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.97 Mn |
| Mar 31, 2026 | 1.48 Mn |
| Dec 31, 2025 | 1.81 Mn |
| Sep 30, 2025 | 1.97 Mn |
| Jun 30, 2025 | 3.68 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 |
| Sep 30, 2021 | 46,000.00 |
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_KEY
import 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();