Mercantile Bank (MBWM) Interest Income - Total (2010 - 2026)
Mercantile Bank's Interest Income - Total was $116.76 million in Q2 2026, up 23.8% from $94.33 million a year earlier and up 102.4% from the prior quarter.
Mercantile Bank (MBWM) Interest Income - Total (2010 - 2026) Analysis & Trends
For FY2025, Interest Income - Total at Mercantile Bank came in at $197.84 million, up 7.7% from FY2024.
- Interest Income - Total shows a five-year compound annual growth rate of 12.8% (FY2020 to FY2025).
- In earlier years, Interest Income - Total was $183.69 million in FY2024 (-1.2%), $185.85 million in FY2023 (+22.5%), $151.69 million in FY2022 (+18.2%) and $128.36 million in FY2021 (+18.6%).
- The Q2 2026 figure marks the highest quarterly Interest Income - Total in data going back to Q2 2010.
- Compared with a year earlier, Interest Income - Total has increased for six straight quarters, with growth averaging 23.6% over the last eight quarters.
- The best year-over-year quarter for Interest Income - Total over five years was Q2 2025 (growth of 116.5%); the worst was Q2 2024 (a decline of 4.3%).
- Per Business Quant data, MBWM's Interest Income - Total in the three quarters before Q2 2026 was $57.7 million (Q1 2026), $51.72 million (Q4 2025) and $51.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Income - Total (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 50.62 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 33.83 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 15.90 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 19.07 Bn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 22.05 Bn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 23.28 Bn |
| 10 | Mercantile Bank | 1.03 Bn | 1.03 Bn | - | 172.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 172.12 Mn |
| Mar 31, 2026 | 85.43 Mn |
| Dec 31, 2025 | 82.25 Mn |
| Sep 30, 2025 | 85.64 Mn |
| Jun 30, 2025 | 162.30 Mn |
| Mar 31, 2025 | 80.34 Mn |
| Dec 31, 2024 | 82.49 Mn |
| Sep 30, 2024 | 83.41 Mn |
| Jun 30, 2024 | 78.88 Mn |
| Mar 31, 2024 | 76.72 Mn |
| Dec 31, 2023 | 73.80 Mn |
| Sep 30, 2023 | 71.15 Mn |
| Jun 30, 2023 | 65.92 Mn |
| Mar 31, 2023 | 60.49 Mn |
| Dec 31, 2022 | 58.28 Mn |
| Sep 30, 2022 | 48.13 Mn |
| Jun 30, 2022 | 39.55 Mn |
| Mar 31, 2022 | 35.88 Mn |
| Dec 31, 2021 | 37.05 Mn |
| Sep 30, 2021 | 35.89 Mn |
Mercantile Bank Interest Income - Total 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-total&ticker=MBWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-income-total", "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-total&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();