Mercantile Bank (MBWM) Long-Term Debt Issuances (2016 - 2026)
Mercantile Bank (MBWM) has disclosed Long-Term Debt Issuances for 10 consecutive years, with $20.0 million as the latest value for Q1 2026.
- For Q1 2026, Long-Term Debt Issuances changed N/A year-over-year to $20.0 million; the TTM value through Mar 2026 reached $40.0 million, changed N/A, while the annual FY2025 figure was $20.0 million, 100.0% up from the prior year.
- Long-Term Debt Issuances hit $20.0 million in Q1 2026 for Mercantile Bank, roughly flat from $20.0 million in the prior quarter.
- Across five years, Long-Term Debt Issuances topped out at $120.0 million in Q2 2023 and bottomed at -$13.6 million in Q4 2022.
- Average Long-Term Debt Issuances over 5 years is $38.1 million, with a median of $24.1 million recorded in 2022.
- Year-over-year, Long-Term Debt Issuances soared 393.73% in 2023 and then plummeted 87.5% in 2024.
- Mercantile Bank's Long-Term Debt Issuances stood at -$13.6 million in 2022, then skyrocketed by 393.73% to $40.0 million in 2023, then crashed by 75.0% to $10.0 million in 2024, then skyrocketed by 100.0% to $20.0 million in 2025, then changed by 0.0% to $20.0 million in 2026.
- According to Business Quant data, Long-Term Debt Issuances over the past three periods came in at $20.0 million, $20.0 million, and $10.0 million for Q1 2026, Q2 2025, and Q1 2024 respectively.