Mercantile Bank (MBWM) Interest Income - Net (2009 - 2026)
Mercantile Bank's Interest Income - Net was $60.9 million in Q3 2026, up 17.1% from $52 million a year earlier and up 6.4% from the prior quarter.
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Analysis
Mercantile Bank (MBWM) Interest Income - Net (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mercantile Bank's Interest Income - Net was $225.07 million through Sep 30, 2026, up 13.5% year-over-year; for FY2025, it came in at $201.04 million, up 5.2% from FY2024.
- Interest Income - Net shows a five-year compound annual growth rate of 10.5% (FY2020 to FY2025).
- In earlier years, Interest Income - Net was $191.09 million in FY2024 (-1.3%), $193.55 million in FY2023 (+22.3%), $158.24 million in FY2022 (+27.6%) and $124.06 million in FY2021 (+1.5%).
- The Q3 2026 figure marks the highest quarterly Interest Income - Net since Q4 2015.
- Compared with a year earlier, Interest Income - Net has increased for seven straight quarters, with growth averaging 8.5% over the last eight quarters.
- The best year-over-year quarter for Interest Income - Net over five years was Q1 2023 (growth of 56.7%); the worst was Q4 2023 (a decline of 4.0%).
- Per Business Quant data, MBWM's Interest Income - Net in the three quarters before Q3 2026 was $57.26 million (Q2 2026), $55.9 million (Q1 2026) and $51.02 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Income - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 27.04 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 16.45 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 9.31 Bn |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 3.25 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 6.27 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 3.77 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 12.52 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 5.54 Bn |
| 10 | Mercantile Bank | 1.06 Bn | -4.34 Bn | - | 60.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 60.90 Mn |
| Jun 30, 2026 | 57.26 Mn |
| 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 |
API Access
Mercantile Bank Interest Income - Net 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-income-net&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-income-net", "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-income-net&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();