Mercantile Bank (MBWM) Loans - Loss Allowance (2010 - 2026)
Mercantile Bank (MBWM) posted Loans - Loss Allowance of $56.7 million for Q1 2026, down 2.5% on a QoQ basis from $58.2 million in Q4 2025, and little changed year-over-year from $56.7 million in Q1 2025.
Mercantile Bank (MBWM) Loans - Loss Allowance (2010 - 2026) Analysis & Trends
Mercantile Bank's Loans - Loss Allowance history runs 16 years deep, the most recent figure standing at $56.7 million for Q1 2026.
- Quarterly Loans - Loss Allowance changed 0.12% year-over-year to $56.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $56.7 million (changed 0.12% YoY) and the FY2025 annual result came in at $58.2 million, up 6.86% from the prior year.
- Loans - Loss Allowance was $56.7 million for Q1 2026 at Mercantile Bank, down from $58.2 million in the prior quarter.
- Across five years, Loans - Loss Allowance topped out at $59.1 million in Q3 2025 and bottomed at $35.2 million in Q1 2022.
- A 5-year average of $49.7 million and a median of $51.6 million in 2024 frame the typical range for Loans - Loss Allowance.
- Annual changes were most pronounced in 2022 — Loans - Loss Allowance slipped 9.15% — and 2023, when it grew 24.31%.
- Mercantile Bank's Loans - Loss Allowance stood at $42.2 million in 2022, then rose by 18.15% to $49.9 million in 2023, then climbed by 9.1% to $54.5 million in 2024, then rose by 6.86% to $58.2 million in 2025, then declined by 2.5% to $56.7 million in 2026.
- Business Quant data shows MBWM's Loans - Loss Allowance at $56.7 million in Q1 2026, $58.2 million in Q4 2025, and $59.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 4.83 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 10.35 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 12.61 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 4.66 Bn |
| 10 | Mercantile Bank | 985.63 Mn | 406.32 Mn | - | 56.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 35.91 Mn |