Mercantile Bank MBWM
NASDAQ MBWM
$59.50 +0.60 (+1.02%)
At close: Oct 2, 2026 · 4:00 PM EDT

Mercantile Bank (MBWM) Net Income towards Common Stockholders (2010 - 2026)

Updated

Mercantile Bank (MBWM) recorded Net Income towards Common Stockholders of $25.93 million in Q2 2026, up 14.6% from $22.62 million a year earlier and up 14.3% from the prior quarter.

Analysis

Mercantile Bank (MBWM) Net Income towards Common Stockholders (2010 - 2026) Analysis & Trends

On a TTM basis, Mercantile Bank's Net Income towards Common Stockholders came in at $95.21 million as of Jun 30, 2026, up 17.0% year-over-year; for FY2025, it came in at $88.75 million, up 11.5% from FY2024.

  • Annual Net Income towards Common Stockholders has a five-year compound annual growth rate of 15.0% (FY2020 to FY2025).
  • Across earlier years, Net Income towards Common Stockholders came in at $79.59 million in FY2024 (-3.2%), $82.22 million in FY2023 (+34.6%), $61.06 million in FY2022 (+3.5%) and $59.02 million in FY2021 (+33.7%).
  • The Q2 2026 figure is the highest quarterly Net Income towards Common Stockholders since Q4 2016.
  • On a year-over-year basis, Net Income towards Common Stockholders has increased for five consecutive quarters, with growth averaging 8.9% over the last eight quarters.
  • Peak year-over-year performance for Net Income towards Common Stockholders in the last five years was growth of 87.3% in Q4 2022, against a decline of 35.1% in Q2 2022 at the low end.
  • Per Business Quant, the preceding three quarters came in at $22.69 million (Q1 2026), $22.84 million (Q4 2025) and $23.76 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Jpmorgan Chase 883.45 Bn 912.92 Bn - 20.75 Bn
2 Banco Santander Chile 401.52 Bn 521.46 Bn - 1.19 Mn
3 Bank Of America 377.43 Bn -1,998.64 Bn - 8.75 Bn
4 Hsbc Holdings 330.31 Bn 330.37 Bn - -
5 Morgan Stanley 299.17 Bn -209.92 Bn - 5.44 Bn
6 Royal Bank Of Canada 274.08 Bn 124.82 Bn - 4.32 Bn
7 Mitsubishi Ufj Financial 270.70 Bn -1,317.79 Bn 10.89 Bn 24.52 Bn
8 Goldman Sachs 263.13 Bn -3,293.98 Bn - 6.40 Bn
9 Wells Fargo & Company 243.64 Bn 245.78 Bn - 6.16 Bn
10 Mercantile Bank 1.03 Bn 1.03 Bn - 25.93 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 25.93 Mn
Mar 31, 2026 22.69 Mn
Dec 31, 2025 22.84 Mn
Sep 30, 2025 23.76 Mn
Jun 30, 2025 22.62 Mn
Mar 31, 2025 19.54 Mn
Dec 31, 2024 19.63 Mn
Sep 30, 2024 19.62 Mn
Jun 30, 2024 18.79 Mn
Mar 31, 2024 21.56 Mn
Dec 31, 2023 20.03 Mn
Sep 30, 2023 20.86 Mn
Jun 30, 2023 20.36 Mn
Mar 31, 2023 20.97 Mn
Dec 31, 2022 21.80 Mn
Sep 30, 2022 16.03 Mn
Jun 30, 2022 11.74 Mn
Mar 31, 2022 11.49 Mn
Dec 31, 2021 11.64 Mn
Sep 30, 2021 15.05 Mn
API Access

Mercantile Bank Net Income towards Common Stockholders API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=net-income-towards-common-stockholders&ticker=MBWM&period=max&api_key=YOUR_API_KEY