Mercantile Bank MBWM
NASDAQ MBWM
$61.36 -0.27 (-0.44%)
At close: Nov 10, 2026 · 4:00 PM EST

Mercantile Bank (MBWM) Loans - Loss Allowance (2009 - 2026)

Updated

Mercantile Bank (MBWM) posted Loans - Loss Allowance of $56.42 million for Q3 2026, down 4.6% from $59.13 million a year earlier but up 1.8% from the prior quarter.

Analysis

Mercantile Bank (MBWM) Loans - Loss Allowance (2009 - 2026) Analysis & Trends

At the end of FY2025, Mercantile Bank's Loans - Loss Allowance came in at $58.19 million, up 6.9% from FY2024.

  • Annual Loans - Loss Allowance has increased for four consecutive years, with a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
  • In prior years, Mercantile Bank's Loans - Loss Allowance was $54.45 million in FY2024 (+9.1%), $49.91 million in FY2023 (+18.2%), $42.25 million in FY2022 (+19.5%) and $35.36 million in FY2021 (-6.9%).
  • Quarterly Loans - Loss Allowance has run from a low of $35.15 million in Q1 2022 to a high of $59.13 million in Q3 2025 over five years.
  • On a year-over-year basis, Loans - Loss Allowance increased in six of the last eight quarters, with growth averaging 3.3%.
  • The strongest year-over-year quarter for Loans - Loss Allowance in the past five years was Q2 2023, with growth of 24.3%; the weakest was Q1 2022, with a decline of 9.2%.
  • According to Business Quant data, Loans - Loss Allowance for the three prior quarters was $55.44 million (Q2 2026), $56.74 million (Q1 2026) and $58.19 million (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Loans - Loss Allowance (Qtr)
1 Jpmorgan Chase 909.02 Bn 886.77 Bn - 26.27 Bn
2 Banco Santander Chile 406.67 Bn -7,110.43 Bn - -
3 Bank Of America 350.91 Bn -2,025.20 Bn - 13.01 Bn
4 Hsbc Holdings 308.71 Bn -2,966.46 Bn - -
5 Morgan Stanley 293.66 Bn -249.15 Bn - -
6 Royal Bank Of Canada 283.56 Bn -546.44 Bn - -5.30 Bn
7 Goldman Sachs 262.71 Bn -3,480.74 Bn - -
8 Wells Fargo & Company 257.44 Bn 92.87 Bn - 13.82 Bn
9 Mitsubishi Ufj Financial 256.82 Bn -75.42 Bn 10.89 Bn -7.49 Bn
10 Mercantile Bank 1.06 Bn -4.34 Bn - 56.42 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 56.42 Mn
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
API Access

Mercantile Bank Loans - Loss Allowance 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=loans-loss-allowance&ticker=MBWM&period=max&api_key=YOUR_API_KEY