Mercantile Bank (MBWM) Interest Income - Deposits (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Interest Income - Deposits of $4.2 million for Q2 2026, up 44.29% year-over-year from $2.9 million in Q2 2025, and down 9.64% on a QoQ basis from $4.7 million in Q1 2026.
Mercantile Bank (MBWM) Interest Income - Deposits (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Interest Income - Deposits for 17 years, with the latest figure at $4.2 million in Q2 2026.
- Interest Income - Deposits for Q2 2026 came in at $4.2 million, up 44.29% year-over-year; the trailing twelve-month figure through Jun 2026 was $20.2 million (up 588.43% YoY), and the FY2025 annual result was $16.3 million, up 5.14% from the prior year.
- Interest Income - Deposits declined to $4.2 million in Q2 2026, from $4.7 million in the prior quarter.
- Over five years, Interest Income - Deposits peaked at $7.2 million in Q4 2024 and troughed at $324000.0 in Q1 2023.
- A 5-year average of $3.0 million and a median of $2.9 million in 2023 frame the typical range for Interest Income - Deposits.
- The widest annual swing landed in 2023, when Interest Income - Deposits retreated 21.32%; it then surged 527.47% in 2024.
- A 5-year view of Interest Income - Deposits shows it stood at $1.6 million in 2022, then surged by 127.82% to $3.8 million in 2023, then surged by 90.8% to $7.2 million in 2024, then slipped by 2.87% to $7.0 million in 2025, then tumbled by 39.29% to $4.2 million in 2026.
- Per Business Quant data, the three most recent Interest Income - Deposits figures were $4.2 million in Q2 2026, $4.7 million in Q1 2026, and $7.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Income - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - | 8.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.23 Mn |
| Mar 31, 2026 | 4.68 Mn |
| Dec 31, 2025 | 6.97 Mn |
| Sep 30, 2025 | 4.30 Mn |
| Jun 30, 2025 | 2.14 Mn |
| Mar 31, 2025 | 3.65 Mn |
| Dec 31, 2024 | 7.17 Mn |
| Sep 30, 2024 | 3.90 Mn |
| Jun 30, 2024 | 2.44 Mn |
| Mar 31, 2024 | 2.03 Mn |
| Dec 31, 2023 | 3.76 Mn |
| Sep 30, 2023 | 2.81 Mn |
| Jun 30, 2023 | 801,000.00 |
| Mar 31, 2023 | 324,000.00 |
| Dec 31, 2022 | 1.65 Mn |
| Sep 30, 2022 | 1.62 Mn |
| Jun 30, 2022 | 1.02 Mn |
| Mar 31, 2022 | 366,000.00 |
| Dec 31, 2021 | 291,000.00 |
| Sep 30, 2021 | 291,000.00 |