Mercantile Bank (MBWM) Mortgage Banking (2010 - 2026)
Mercantile Bank posted quarterly Mortgage Banking of $3.0 million for Q1 2026, up 12.41% year-on-year from $2.7 million in Q1 2025, and down 10.64% on a QoQ basis from $3.3 million in Q4 2025.
Mercantile Bank (MBWM) has 16 years of Mortgage Banking data on file, last reported at $3.0 million in Q1 2026.
- For the quarter ending Q1 2026, Mortgage Banking rose 12.41% year-over-year to $3.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.0 million (up 12.41% YoY), and the FY2025 full-year result was $13.0 million, up 5.85% from the prior year.
- Mortgage Banking for Q1 2026 stood at $3.0 million, 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.
- The 5-year median for Mortgage Banking is $2.8 million (2023), against an average of $2.6 million.
- The widest annual swing landed in 2022, when Mortgage Banking tumbled 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 rose by 5.56% to $1.8 million in 2023, then surged by 104.47% to $3.6 million in 2024, then fell by 7.64% to $3.3 million in 2025, then dropped by 10.64% to $3.0 million in 2026.
- The last three Mortgage Banking figures came in at $3.0 million (Q1 2026), $3.3 million (Q4 2025), and $3.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - |
| 10 | Mercantile Bank | 899.78 Mn | 301.62 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 7.70 Mn |
| Mar 31, 2021 | 8.80 Mn |
| Dec 31, 2020 | 9.60 Mn |
| Sep 30, 2020 | 9.48 Mn |
| Jun 30, 2020 | 7.64 Mn |
| Mar 31, 2020 | 2.63 Mn |
| Dec 31, 2019 | 3.19 Mn |
| Sep 30, 2019 | 2.89 Mn |
| Jun 30, 2019 | 1.35 Mn |
| Mar 31, 2019 | 1.06 Mn |
| Dec 31, 2017 | 1.19 Mn |
| Sep 30, 2017 | 1.33 Mn |
| Jun 30, 2017 | 783,000.00 |
| Mar 31, 2017 | 1.12 Mn |
| Dec 31, 2016 | 1.29 Mn |
| Sep 30, 2016 | 1.24 Mn |
| Jun 30, 2016 | 744,000.00 |
| Mar 31, 2016 | 598,000.00 |
| Dec 31, 2015 | 835,000.00 |
| Sep 30, 2015 | 1.07 Mn |
| Jun 30, 2015 | 999,000.00 |
| Mar 31, 2015 | 688,000.00 |
| Dec 31, 2014 | 691,000.00 |
| Sep 30, 2014 | 569,000.00 |
| Jun 30, 2014 | 349,000.00 |
| Mar 31, 2014 | 63,000.00 |
| Dec 31, 2013 | 129,000.00 |
| Sep 30, 2013 | 194,000.00 |
| Jun 30, 2013 | 225,000.00 |
| Mar 31, 2013 | 252,000.00 |
| Dec 31, 2012 | 458,000.00 |
| Sep 30, 2012 | 447,000.00 |
| Jun 30, 2012 | 275,000.00 |
| Mar 31, 2012 | 299,000.00 |
| Dec 31, 2011 | 393,000.00 |
| Sep 30, 2011 | 195,000.00 |
| Jun 30, 2011 | 127,000.00 |
| Mar 31, 2011 | 132,000.00 |
| Dec 31, 2010 | 516,000.00 |
| Sep 30, 2010 | 346,000.00 |
| Jun 30, 2010 | 130,000.00 |