Mercantile Bank (MBWM) Mortgage Banking (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Mortgage Banking of $6.2 million for Q2 2026, up 55.4% year-over-year from $4.0 million in Q2 2025, and up 106.98% on a QoQ basis from $3.0 million in Q1 2026.
Mercantile Bank (MBWM) Mortgage Banking (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Mortgage Banking for 16 years, with the latest figure at $6.2 million in Q2 2026.
- Mortgage Banking for Q2 2026 came in at $6.2 million, up 55.4% year-over-year; the trailing twelve-month figure through Jun 2026 was $6.2 million (up 55.4% YoY), and the FY2025 annual result was $13.0 million, up 5.85% from the prior year.
- Mortgage Banking climbed to $6.2 million in Q2 2026, from $3.0 million in the prior quarter.
- Over five years, Mortgage Banking peaked at $6.2 million in Q2 2026 and troughed at $1.2 million in Q1 2023.
- A 5-year average of $2.8 million and a median of $2.9 million in 2023 frame the typical range for Mortgage Banking.
- The widest annual swing landed in 2022, when Mortgage Banking plunged 75.79%; it then jumped 104.47% in 2024.
- A 5-year view of Mortgage Banking shows it stood at $1.7 million in 2022, then increased by 5.56% to $1.8 million in 2023, then jumped by 104.47% to $3.6 million in 2024, then declined by 7.64% to $3.3 million in 2025, then jumped by 84.95% to $6.2 million in 2026.
- Per Business Quant data, the three most recent Mortgage Banking figures were $6.2 million in Q2 2026, $3.0 million in Q1 2026, and $3.3 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.17 Mn |
| Mar 31, 2026 | 2.98 Mn |
| Dec 31, 2025 | 3.34 Mn |
| Sep 30, 2025 | 3.07 Mn |
| Jun 30, 2025 | 3.97 Mn |
| Mar 31, 2025 | 2.65 Mn |
| Dec 31, 2024 | 3.61 Mn |
| Sep 30, 2024 | 3.33 Mn |
| Jun 30, 2024 | 3.02 Mn |
| Mar 31, 2024 | 2.34 Mn |
| Dec 31, 2023 | 1.77 Mn |
| Sep 30, 2023 | 2.78 Mn |
| Jun 30, 2023 | 1.84 Mn |
| Mar 31, 2023 | 1.22 Mn |
| Dec 31, 2022 | 1.67 Mn |
| Sep 30, 2022 | 1.76 Mn |
| Jun 30, 2022 | 1.95 Mn |
| Mar 31, 2022 | 3.28 Mn |
| Dec 31, 2021 | 6.91 Mn |
| Sep 30, 2021 | 6.55 Mn |