Mercantile Bank (MBWM) Interest Income - Net (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Interest Income - Net of $57.3 million for Q2 2026, up 15.72% year-over-year from $49.5 million in Q2 2025, and up 2.43% on a QoQ basis from $55.9 million in Q1 2026.
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 $57.3 million in Q2 2026.
- Interest Income - Net for Q2 2026 came in at $57.3 million, up 15.72% year-over-year; the trailing twelve-month figure through Jun 2026 was $57.3 million (down 70.36% YoY), and the FY2025 annual result was $201.0 million, up 5.21% from the prior year.
- Interest Income - Net rose to $57.3 million in Q2 2026, from $55.9 million in the prior quarter.
- Over five years, Interest Income - Net peaked at $57.3 million in Q2 2026 and troughed at $30.9 million in Q1 2022.
- A 5-year average of $47.6 million and a median of $48.5 million in 2023 frame the typical range for Interest Income - Net.
- The largest YoY upside for Interest Income - Net was 56.66% in 2023 against a maximum downside of 3.97% in 2023.
- A 5-year view of Interest Income - Net shows it 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 increased by 12.24% to $57.3 million in 2026.
- Per Business Quant data, the three most recent Interest Income - Net figures were $57.3 million in Q2 2026, $55.9 million in Q1 2026, and $51.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Income - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.11 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 4.36 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 | - | 3.62 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.22 Bn |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - | 113.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 31.12 Mn |