Mercantile Bank (MBWM) Loans - Net (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Loans - Net of $4.9 billion for Q2 2026, up 4.75% year-over-year from $4.6 billion in Q2 2025, and up 2.1% on a QoQ basis from $4.8 billion in Q1 2026.
Mercantile Bank (MBWM) Loans - Net (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Loans - Net for 17 years, with the latest figure at $4.9 billion in Q2 2026.
- Loans - Net for Q2 2026 came in at $4.9 billion, up 4.75% year-over-year; the trailing twelve-month figure through Jun 2026 was $4.9 billion (up 4.75% YoY), and the FY2025 annual result was $4.8 billion, up 4.78% from the prior year.
- Loans - Net advanced to $4.9 billion in Q2 2026, from $4.8 billion in the prior quarter.
- Over five years, Loans - Net peaked at $4.9 billion in Q2 2026 and troughed at $3.5 billion in Q1 2022.
- A 5-year average of $4.3 billion and a median of $4.3 billion in 2024 frame the typical range for Loans - Net.
- The widest annual swing landed in 2022, when Loans - Net grew 17.26%; it then climbed 1.33% in 2025.
- A 5-year view of Loans - Net shows it stood at $3.9 billion in 2022, then grew by 9.79% to $4.3 billion in 2023, then grew by 6.88% to $4.5 billion in 2024, then rose by 4.78% to $4.8 billion in 2025, then increased by 2.02% to $4.9 billion in 2026.
- Per Business Quant data, the three most recent Loans - Net figures were $4.9 billion in Q2 2026, $4.8 billion in Q1 2026, and $4.8 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.94 Bn | 84.74 Bn | - | - |
| 2 | Pnc Financial Services | 98.07 Bn | 98.07 Bn | - | 363.30 Bn |
| 3 | Us Bancorp | 96.46 Bn | 96.46 Bn | - | 402.66 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.21 Bn | -81.11 Bn | - | - |
| 7 | Nu Holdings | 70.92 Bn | 57.24 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.86 Bn | 61.86 Bn | - | 324.81 Bn |
| 9 | Fifth Third Bancorp | 49.99 Bn | 26.26 Bn | - | 175.61 Bn |
| 10 | Mercantile Bank | 1.03 Bn | 693.85 Mn | - | 4.86 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.86 Bn |
| Jun 30, 2026 | 4.86 Bn |
| Mar 31, 2026 | 4.76 Bn |
| Mar 31, 2026 | 4.76 Bn |
| Dec 31, 2025 | 4.76 Bn |
| Dec 31, 2025 | 4.76 Bn |
| Sep 30, 2025 | 4.56 Bn |
| Sep 30, 2025 | 4.56 Bn |
| Jun 30, 2025 | 4.64 Bn |
| Jun 30, 2025 | 4.64 Bn |
| Mar 31, 2025 | 4.58 Bn |
| Mar 31, 2025 | 4.58 Bn |
| Dec 31, 2024 | 4.55 Bn |
| Dec 31, 2024 | 4.55 Bn |
| Sep 30, 2024 | 4.50 Bn |
| Sep 30, 2024 | 4.50 Bn |
| Jun 30, 2024 | 4.38 Bn |
| Jun 30, 2024 | 4.38 Bn |
| Mar 31, 2024 | 4.27 Bn |
| Mar 31, 2024 | 4.27 Bn |