Mercantile Bank MBWM
NASDAQ MBWM
$58.39 -0.50 (-0.85%)
As of: Sep 30, 2026 · 3:59 PM EDT

Mercantile Bank (MBWM) Loans - Net (2010 - 2026)

Updated

Mercantile Bank (MBWM) posted Loans - Net of $4.86 billion for Q2 2026, up 4.8% from $4.64 billion a year earlier and up 2.1% from the prior quarter.

Analysis

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

At the end of FY2025, Mercantile Bank's Loans - Net came in at $4.76 billion, up 4.8% from FY2024.

  • Annual Loans - Net has increased for 13 consecutive years, with a five-year compound annual growth rate of 8.6% (FY2020 to FY2025).
  • In prior years, Mercantile Bank's Loans - Net was $4.55 billion in FY2024 (+6.9%), $4.25 billion in FY2023 (+9.8%), $3.87 billion in FY2022 (+13.3%) and $3.42 billion in FY2021 (+8.3%).
  • The Q2 2026 figure stands as the highest quarterly Loans - Net in data going back to Q4 2010.
  • On a year-over-year basis, Loans - Net has increased in each of the last 19 quarters, with growth averaging 5.7% over the last eight quarters.
  • The strongest year-over-year quarter for Loans - Net in the past five years was Q3 2022, with growth of 17.3%; the weakest was Q3 2021, with a decline of 1.2%.
  • According to Business Quant data, Loans - Net for the three prior quarters was $4.76 billion (Q1 2026), $4.76 billion (Q4 2025) and $4.56 billion (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Loans - Net (Qtr)
1 Jpmorgan Chase 890.60 Bn 920.07 Bn - 1,516.31 Bn
2 Banco Santander Chile 421.74 Bn 541.68 Bn - -
3 Bank Of America 385.85 Bn -1,990.22 Bn - 1,204.51 Bn
4 Hsbc Holdings 345.94 Bn 345.99 Bn - -
5 Morgan Stanley 303.15 Bn -205.95 Bn - 289.32 Bn
6 Royal Bank Of Canada 279.82 Bn 130.57 Bn - 795.18 Bn
7 Mitsubishi Ufj Financial 274.62 Bn -1,313.87 Bn 10.89 Bn -
8 Goldman Sachs 267.07 Bn -3,290.04 Bn - 260.89 Bn
9 Wells Fargo & Company 243.79 Bn 245.93 Bn - 1,017.21 Bn
10 Mercantile Bank 1.02 Bn 1.02 Bn - 4.86 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.86 Bn
Mar 31, 2026 4.76 Bn
Dec 31, 2025 4.76 Bn
Sep 30, 2025 4.56 Bn
Jun 30, 2025 4.64 Bn
Mar 31, 2025 4.58 Bn
Dec 31, 2024 4.55 Bn
Sep 30, 2024 4.50 Bn
Jun 30, 2024 4.38 Bn
Mar 31, 2024 4.27 Bn
Dec 31, 2023 4.25 Bn
Sep 30, 2023 4.06 Bn
Jun 30, 2023 4.01 Bn
Mar 31, 2023 3.92 Bn
Dec 31, 2022 3.87 Bn
Sep 30, 2022 3.84 Bn
Jun 30, 2022 3.69 Bn
Mar 31, 2022 3.52 Bn
Dec 31, 2021 3.42 Bn
Sep 30, 2021 3.28 Bn
API Access

Mercantile Bank Loans - Net 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-net&ticker=MBWM&period=max&api_key=YOUR_API_KEY