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

Mercantile Bank has reported Long-Term Debt Issuances for 17 years, with the latest figure at $20.0 million in Q2 2026.

• Long-Term Debt Issuances for Q2 2026 came in at $20.0 million, down 33.33% year-over-year; the trailing twelve-month figure through Jun 2026 was $80.9 million (down 10.96% YoY), and the FY2025 annual result was $80.9 million, down 10.97% from the prior year.
• Long-Term Debt Issuances declined to $20.0 million in Q2 2026, from $30.9 million in the prior quarter.
• Over five years, Long-Term Debt Issuances peaked at $120.0 million in Q2 2023 and troughed at $10.0 million in Q3 2024.
• A 5-year average of $32.7 million and a median of $28.3 million in 2022 frame the typical range for Long-Term Debt Issuances.
• The widest annual swing landed in 2023, when Long-Term Debt Issuances soared 922.41%; it then slumped 83.33% in 2024.
• A 5-year view of Long-Term Debt Issuances shows it stood at $30.0 million in 2022, then jumped by 33.33% to $40.0 million in 2023, then retreated by 25.0% to $30.0 million in 2024, then slumped by 33.33% to $20.0 million in 2025, then changed by 0.0% to $20.0 million in 2026.
• Per Business Quant data, the three most recent Long-Term Debt Issuances figures were $20.0 million in Q2 2026, $30.9 million in Q1 2026, and $20.0 million in Q4 2025.