Mercantile Bank (MBWM) Loans - Gross: 2011-2024

Historic Loans - Gross for Mercantile Bank (MBWM) over the last 12 years, with Dec 2024 value amounting to $4.6 billion.

  • Mercantile Bank's Loans - Gross rose 1.47% to $4.6 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $4.6 billion, marking a year-over-year increase of 1.47%. This contributed to the annual value of $4.6 billion for FY2024, which is 6.90% up from last year.
  • Per Mercantile Bank's latest filing, its Loans - Gross stood at $4.6 billion for FY2024, which was up 6.90% from $4.3 billion recorded in FY2023.
  • Over the past 5 years, Mercantile Bank's Loans - Gross peaked at $4.6 billion during FY2024, and registered a low of $365.0 million during FY2020.
  • Over the past 3 years, Mercantile Bank's median Loans - Gross value was $4.3 billion (recorded in 2023), while the average stood at $4.3 billion.
  • Its Loans - Gross has fluctuated over the past 5 years, first plummeted by 87.22% in 2020, then skyrocketed by 846.15% in 2021.
  • Yearly analysis of 5 years shows Mercantile Bank's Loans - Gross stood at $365.0 million in 2020, then skyrocketed by 846.15% to $3.5 billion in 2021, then grew by 13.41% to $3.9 billion in 2022, then climbed by 9.88% to $4.3 billion in 2023, then rose by 6.90% to $4.6 billion in 2024.