Mercantile Bank MBWM
NASDAQ MBWM
$59.61 -0.19 (-0.32%)
At close: Aug 21, 2026 · 4:00 PM EDT

Mercantile Bank (MBWM) Loans - Loss Allowance (2010 - 2026)

Mercantile Bank (MBWM) posted quarterly Loans - Loss Allowance of $55.4 million for Q2 2026, down 5.03% year-over-year from $58.4 million in Q2 2025, and down 2.28% on a QoQ basis from $56.7 million in Q1 2026.

Mercantile Bank (MBWM) Loans - Loss Allowance (2010 - 2026) Analysis & Trends

Mercantile Bank has reported Loans - Loss Allowance for 16 years, with the latest figure at $55.4 million in Q2 2026.

  • Loans - Loss Allowance for Q2 2026 came in at $55.4 million, down 5.03% year-over-year; the trailing twelve-month figure through Jun 2026 was $55.4 million (down 5.03% YoY), and the FY2025 annual result was $58.2 million, up 6.86% from the prior year.
  • Loans - Loss Allowance slipped to $55.4 million in Q2 2026, from $56.7 million in the prior quarter.
  • Over five years, Loans - Loss Allowance peaked at $59.1 million in Q3 2025 and troughed at $35.2 million in Q1 2022.
  • A 5-year average of $50.0 million and a median of $53.0 million in 2024 frame the typical range for Loans - Loss Allowance.
  • The widest annual swing landed in 2022, when Loans - Loss Allowance slipped 9.15%; it then grew 24.31% in 2023.
  • A 5-year view of Loans - Loss Allowance shows it stood at $42.2 million in 2022, then grew by 18.15% to $49.9 million in 2023, then gained by 9.1% to $54.5 million in 2024, then grew by 6.86% to $58.2 million in 2025, then retreated by 4.73% to $55.4 million in 2026.
  • Per Business Quant data, the three most recent Loans - Loss Allowance figures were $55.4 million in Q2 2026, $56.7 million in Q1 2026, and $58.2 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Loans - Loss Allowance (Qtr)
1 Hdfc Bank 120.66 Bn 84.46 Bn - -
2 Pnc Financial Services 97.86 Bn 97.86 Bn - 4.65 Bn
3 Us Bancorp 96.39 Bn 96.39 Bn - 7.65 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 - 4.98 Bn
9 Fifth Third Bancorp 49.88 Bn 26.16 Bn - 2.92 Bn
10 Mercantile Bank 1.03 Bn 688.32 Mn - 55.44 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 55.44 Mn
Mar 31, 2026 56.74 Mn
Dec 31, 2025 58.19 Mn
Sep 30, 2025 59.13 Mn
Jun 30, 2025 58.38 Mn
Mar 31, 2025 56.67 Mn
Dec 31, 2024 54.45 Mn
Sep 30, 2024 56.59 Mn
Jun 30, 2024 55.41 Mn
Mar 31, 2024 51.64 Mn
Dec 31, 2023 49.91 Mn
Sep 30, 2023 48.01 Mn
Jun 30, 2023 44.72 Mn
Mar 31, 2023 42.88 Mn
Dec 31, 2022 42.25 Mn
Sep 30, 2022 39.12 Mn
Jun 30, 2022 35.97 Mn
Mar 31, 2022 35.15 Mn
Dec 31, 2021 35.36 Mn
Sep 30, 2021 37.42 Mn