Mercantile Bank (MBWM) Interest Income - Net (2010 - 2026)
Mercantile Bank (MBWM) reported Interest Income - Net of $55.9 million for Q1 2026, up 15.15% on a YoY basis from $48.5 million in Q1 2025, and up 9.58% quarter-over-quarter from $51.0 million in Q4 2025.
Mercantile Bank (MBWM) Interest Income - Net (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Interest Income - Net for 17 years, with the latest figure at $55.9 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Income - Net rose 15.15% year-over-year to $55.9 million; the trailing twelve-month figure through Mar 2026 stood at $208.4 million (up 329.26% YoY), and the FY2025 full-year result was $201.0 million, up 5.21% from the prior year.
- Interest Income - Net for Q1 2026 stood at $55.9 million, up from $51.0 million in the prior quarter.
- The five-year high for Interest Income - Net was $55.9 million in Q1 2026, with the low at $30.9 million in Q1 2022.
- Historically, Interest Income - Net has averaged $47.0 million across 5 years, with a median of $48.4 million in 2023.
- The largest YoY upside for Interest Income - Net was 56.66% in 2023 against a maximum downside of 3.97% in 2023.
- Mercantile Bank's Interest Income - Net stood at $50.7 million in 2022, then fell by 3.97% to $48.6 million in 2023, then declined by 0.59% to $48.4 million in 2024, then gained by 5.49% to $51.0 million in 2025, then climbed by 9.58% to $55.9 million in 2026.
- The last three Interest Income - Net figures came in at $55.9 million (Q1 2026), $51.0 million (Q4 2025), and $52.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Income - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 11.42 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 15.02 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Mercantile Bank | 955.46 Mn | 357.30 Mn | - | 55.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 55.90 Mn |
| Dec 31, 2025 | 51.02 Mn |
| Sep 30, 2025 | 52.00 Mn |
| Jun 30, 2025 | 49.48 Mn |
| Mar 31, 2025 | 48.55 Mn |
| Dec 31, 2024 | 48.36 Mn |
| Sep 30, 2024 | 48.29 Mn |
| Jun 30, 2024 | 47.07 Mn |
| Mar 31, 2024 | 47.36 Mn |
| Dec 31, 2023 | 48.65 Mn |
| Sep 30, 2023 | 48.96 Mn |
| Jun 30, 2023 | 47.55 Mn |
| Mar 31, 2023 | 48.38 Mn |
| Dec 31, 2022 | 50.66 Mn |
| Sep 30, 2022 | 42.38 Mn |
| Jun 30, 2022 | 34.33 Mn |
| Mar 31, 2022 | 30.89 Mn |
| Dec 31, 2021 | 32.53 Mn |
| Sep 30, 2021 | 31.12 Mn |
| Jun 30, 2021 | 30.87 Mn |