Mercantile Bank (MBWM) Mortgage Banking (2010 - 2026)

Mercantile Bank's Mortgage Banking history runs 16 years deep, the most recent figure standing at $3.0 million for Q1 2026.

• Quarterly Mortgage Banking rose 12.41% year-over-year to $3.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $13.4 million (up 403.58% YoY) and the FY2025 annual result came in at $13.0 million, up 5.85% from the prior year.
• Mortgage Banking was $3.0 million for Q1 2026 at Mercantile Bank, down from $3.3 million in the prior quarter.
• Across five years, Mortgage Banking topped out at $4.0 million in Q2 2025 and bottomed at $1.2 million in Q1 2023.
• A 5-year average of $2.6 million and a median of $2.8 million in 2023 frame the typical range for Mortgage Banking.
• Annual changes were most pronounced in 2022 — Mortgage Banking plunged 75.79% — and 2024, when it jumped 104.47%.
• Mercantile Bank's Mortgage Banking stood at $1.7 million in 2022, then gained by 5.56% to $1.8 million in 2023, then soared by 104.47% to $3.6 million in 2024, then retreated by 7.64% to $3.3 million in 2025, then declined by 10.64% to $3.0 million in 2026.
• Business Quant data shows MBWM's Mortgage Banking at $3.0 million in Q1 2026, $3.3 million in Q4 2025, and $3.1 million in Q3 2025.