Mercantile Bank (MBWM) Interest Income - Total (2010 - 2026)
Mercantile Bank (MBWM) reported Interest Income - Total of $57.7 million for Q1 2026, up 24.23% on a YoY basis from $46.4 million in Q1 2025, and up 11.57% quarter-over-quarter from $51.7 million in Q4 2025.
Mercantile Bank (MBWM) Interest Income - Total (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Interest Income - Total for 17 years, with the latest figure at $57.7 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Income - Total rose 24.23% year-over-year to $57.7 million; the trailing twelve-month figure through Mar 2026 stood at $209.1 million (up 13.59% YoY), and the FY2025 full-year result was $197.8 million, up 7.71% from the prior year.
- Interest Income - Total for Q1 2026 stood at $57.7 million, up from $51.7 million in the prior quarter.
- The five-year high for Interest Income - Total was $85.6 million in Q3 2025, with the low at $35.9 million in Q1 2022.
- Historically, Interest Income - Total has averaged $70.0 million across 5 years, with a median of $76.7 million in 2024.
- Annual changes were most pronounced in 2023 — Interest Income - Total jumped 55.22% — and 2024, when it fell 4.34%.
- Mercantile Bank's Interest Income - Total stood at $47.6 million in 2022, then declined by 1.59% to $46.8 million in 2023, then gained by 0.03% to $46.9 million in 2024, then climbed by 10.36% to $51.7 million in 2025, then advanced by 11.57% to $57.7 million in 2026.
- The last three Interest Income - Total figures came in at $57.7 million (Q1 2026), $51.7 million (Q4 2025), and $51.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Income - Total (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 | - | 14.92 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 14.45 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 | - | 57.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 57.70 Mn |
| Mar 31, 2026 | 57.70 Mn |
| Mar 31, 2026 | 85.43 Mn |
| Mar 31, 2026 | 85.43 Mn |
| Dec 31, 2025 | 82.25 Mn |
| Dec 31, 2025 | 51.72 Mn |
| Dec 31, 2025 | 82.25 Mn |
| Dec 31, 2025 | 51.72 Mn |
| Sep 30, 2025 | 51.80 Mn |
| Sep 30, 2025 | 85.64 Mn |
| Sep 30, 2025 | 85.64 Mn |
| Sep 30, 2025 | 51.80 Mn |
| Jun 30, 2025 | 81.96 Mn |
| Jun 30, 2025 | 47.88 Mn |
| Jun 30, 2025 | 47.88 Mn |
| Jun 30, 2025 | 81.96 Mn |
| Mar 31, 2025 | 46.45 Mn |
| Mar 31, 2025 | 80.34 Mn |
| Mar 31, 2025 | 80.34 Mn |
| Mar 31, 2025 | 46.45 Mn |