Mercantile Bank MBWM
NASDAQ MBWM
$58.90 +0.58 (+0.99%)
At close: Oct 1, 2026 · 4:00 PM EDT

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

Updated

Mercantile Bank (MBWM) reported Long-Term Debt Repayments of $20 million for Q2 2026, down 33.3% from $30 million a year earlier and down 35.3% from the prior quarter.

Analysis

Mercantile Bank (MBWM) Long-Term Debt Repayments (2010 - 2026) Analysis & Trends

Over the twelve months ended Jun 30, 2026, Mercantile Bank's Long-Term Debt Repayments came in at $80.9 million, down 11.0% year-over-year; for FY2025, it was $80.86 million, down 11.0% from FY2024.

  • Long-Term Debt Repayments has a five-year compound annual growth rate of 32.2% (FY2020 to FY2025).
  • By year, Long-Term Debt Repayments came in at $90.83 million in FY2024 (+13.0%), $80.35 million in FY2023 (-14.5%), $94 million in FY2022 (+370.0%) and $20 million in FY2021 (unchanged).
  • Five-year quarterly Long-Term Debt Repayments spans a low of $10 million in Q3 2023 and a high of $30.9 million in Q1 2026.
  • Year over year, Long-Term Debt Repayments gained in two of the last eight quarters, with an average decline of 0.1%.
  • The high point for year-over-year Long-Term Debt Repayments in five years was Q1 2024 (growth of 197.8%); the low point was Q3 2023 (a decline of 58.3%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at $30.9 million (Q1 2026), $20 million (Q4 2025) and $10 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) LT Debt Repayment (Qtr)
1 Jpmorgan Chase 879.54 Bn 909.01 Bn - 28.02 Bn
2 Banco Santander Chile 418.48 Bn 538.42 Bn - -
3 Bank Of America 381.92 Bn -1,994.15 Bn - 27.22 Bn
4 Hsbc Holdings 341.10 Bn 341.15 Bn - -
5 Morgan Stanley 295.71 Bn -213.38 Bn - 26.48 Bn
6 Royal Bank Of Canada 275.38 Bn 126.13 Bn - -120.49 Mn
7 Mitsubishi Ufj Financial 273.79 Bn -1,314.70 Bn 10.89 Bn -
8 Goldman Sachs 262.78 Bn -3,294.34 Bn - 20.41 Bn
9 Wells Fargo & Company 242.61 Bn 244.75 Bn - 12.00 Bn
10 Mercantile Bank 1.01 Bn 1.01 Bn - 20.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.00 Mn
Mar 31, 2026 30.90 Mn
Dec 31, 2025 20.00 Mn
Sep 30, 2025 10.00 Mn
Jun 30, 2025 30.00 Mn
Mar 31, 2025 20.86 Mn
Dec 31, 2024 30.00 Mn
Sep 30, 2024 10.00 Mn
Jun 30, 2024 20.00 Mn
Mar 31, 2024 30.83 Mn
Dec 31, 2023 30.00 Mn
Sep 30, 2023 10.00 Mn
Jun 30, 2023 30.00 Mn
Mar 31, 2023 10.35 Mn
Dec 31, 2022 30.00 Mn
Sep 30, 2022 24.00 Mn
Jun 30, 2022 20.00 Mn
Mar 31, 2022 20.00 Mn
Dec 31, 2021 20.00 Mn
Jun 30, 2020 20.00 Mn
API Access

Mercantile Bank Long-Term Debt Repayments 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=long-term-debt-repayments&ticker=MBWM&period=max&api_key=YOUR_API_KEY