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

Mercantile Bank's Long-Term Debt Issuances history runs 16 years deep, the most recent figure standing at $30.9 million for Q1 2026.

• Quarterly Long-Term Debt Issuances rose 48.11% year-over-year to $30.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $90.9 million (up 12.41% YoY) and the FY2025 annual result came in at $80.9 million, down 10.97% from the prior year.
• Long-Term Debt Issuances was $30.9 million for Q1 2026 at Mercantile Bank, down from $60.9 million in the prior quarter.
• Across five years, Long-Term Debt Issuances topped out at $189.6 million in Q4 2023 and bottomed at -$40.8 million in Q3 2024.
• A 5-year average of $29.4 million and a median of $20.4 million in 2022 frame the typical range for Long-Term Debt Issuances.
• Peak annual rise in Long-Term Debt Issuances reached 300.0% in 2023, while the deepest fall reached 640.37% in 2023.
• Mercantile Bank's Long-Term Debt Issuances stood at $13.6 million in 2022, then surged by 1292.62% to $189.6 million in 2023, then slumped by 57.38% to $80.8 million in 2024, then slipped by 24.7% to $60.9 million in 2025, then slumped by 49.23% to $30.9 million in 2026.
• Business Quant data shows MBWM's Long-Term Debt Issuances at $30.9 million in Q1 2026, $60.9 million in Q4 2025, and -$30.9 million in Q3 2025.