Mercantile Bank (MBWM) Interest Income - Deposits (2010 - 2026)

Mercantile Bank has reported Interest Income - Deposits for 17 years, with the latest figure at $4.7 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Income - Deposits rose 28.18% year-over-year to $4.7 million; the trailing twelve-month figure through Mar 2026 stood at $4.7 million (down 72.73% YoY), and the FY2025 full-year result was $16.3 million, up 5.14% from the prior year.
• Interest Income - Deposits for Q1 2026 stood at $4.7 million, down from $7.0 million in the prior quarter.
• The five-year high for Interest Income - Deposits was $7.2 million in Q4 2024, with the low at $324000.0 in Q1 2023.
• Historically, Interest Income - Deposits has averaged $2.9 million across 5 years, with a median of $2.4 million in 2024.
• Annual changes were most pronounced in 2023 — Interest Income - Deposits dropped 21.32% — and 2024, when it surged 527.47%.
• Mercantile Bank's Interest Income - Deposits 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 slumped by 32.82% to $4.7 million in 2026.
• The last three Interest Income - Deposits figures came in at $4.7 million (Q1 2026), $7.0 million (Q4 2025), and $4.3 million (Q3 2025), per Business Quant data.