Mercantile Bank (MBWM) Long-Term Debt Issuances (2010 - 2026)

Mercantile Bank (MBWM) has 16 years of Long-Term Debt Issuances data on file, last reported at $20.0 million in Q1 2026.

• For the quarter ending Q1 2026, Long-Term Debt Issuances changed N/A year-over-year to $20.0 million; the trailing twelve-month figure through Mar 2026 stood at $40.0 million (changed N/A YoY), and the FY2025 full-year result was $20.0 million, up 100.0% from the prior year.
• Long-Term Debt Issuances for Q1 2026 stood at $20.0 million, 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.
• The 5-year median for Long-Term Debt Issuances is $24.1 million (2022), against an average of $38.1 million.
• The widest annual swing landed in 2023, when Long-Term Debt Issuances surged 393.73%; it then plunged 87.5% in 2024.
• A 5-year view of Long-Term Debt Issuances shows it stood at -$13.6 million in 2022, then soared by 393.73% to $40.0 million in 2023, then sank by 75.0% to $10.0 million in 2024, then soared by 100.0% to $20.0 million in 2025, then changed by 0.0% to $20.0 million in 2026.
• The last three Long-Term Debt Issuances figures came in at $20.0 million (Q1 2026), $20.0 million (Q2 2025), and $10.0 million (Q1 2024), per Business Quant data.

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