Mercantile Bank (MBWM) Mortgage Banking (2016 - 2026)
Mercantile Bank (MBWM) has disclosed Mortgage Banking for 10 consecutive years, with $3.0 million as the latest value for Q1 2026.
- For Q1 2026, Mortgage Banking rose 12.41% year-over-year to $3.0 million; the TTM value through Mar 2026 reached $3.0 million, up 12.41%, while the annual FY2025 figure was $13.0 million, 5.85% up from the prior year.
- Mortgage Banking hit $3.0 million in Q1 2026 for 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.
- Average Mortgage Banking over 5 years is $2.6 million, with a median of $2.8 million recorded in 2023.
- Year-over-year, Mortgage Banking tumbled 75.79% in 2022 and then surged 104.47% in 2024.
- Mercantile Bank's Mortgage Banking stood at $1.7 million in 2022, then grew by 5.56% to $1.8 million in 2023, then soared by 104.47% to $3.6 million in 2024, then dropped by 7.64% to $3.3 million in 2025, then decreased by 10.64% to $3.0 million in 2026.
- According to Business Quant data, Mortgage Banking over the past three periods came in at $3.0 million, $3.3 million, and $3.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.