Mercantile Bank (MBWM) Mortgage Banking (2016 - 2025)
Mercantile Bank's Mortgage Banking history spans 9 years, with the latest figure at $3.3 million for Q4 2025.
- For Q4 2025, Mortgage Banking fell 7.64% year-over-year to $3.3 million; the TTM value through Dec 2025 reached $13.0 million, up 5.84%, while the annual FY2025 figure was $13.0 million, 5.85% up from the prior year.
- Mortgage Banking reached $3.3 million in Q4 2025 per MBWM's latest filing, up from $3.1 million in the prior quarter.
- In the past five years, Mortgage Banking ranged from a high of $8.8 million in Q1 2021 to a low of $1.2 million in Q1 2023.
- Average Mortgage Banking over 5 years is $3.6 million, with a median of $3.0 million recorded in 2024.
- Peak YoY movement for Mortgage Banking: surged 234.98% in 2021, then tumbled 75.79% in 2022.
- A 5-year view of Mortgage Banking shows it stood at $6.9 million in 2021, then crashed by 75.79% to $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.
- Per Business Quant, the three most recent readings for MBWM's Mortgage Banking are $3.3 million (Q4 2025), $3.1 million (Q3 2025), and $4.0 million (Q2 2025).