Mercantile Bank (MBWM) Non-Current Debt (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Non-Current Debt of $305.3 million for Q2 2026, down 14.29% year-over-year from $356.2 million in Q2 2025, and down 3.17% on a QoQ basis from $315.3 million in Q1 2026.
Mercantile Bank (MBWM) Non-Current Debt (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Non-Current Debt for 17 years, with the latest figure at $305.3 million in Q2 2026.
- Non-Current Debt for Q2 2026 came in at $305.3 million, down 14.29% year-over-year; the trailing twelve-month figure through Jun 2026 was $305.3 million (down 14.29% YoY), and the FY2025 annual result was $326.2 million, down 15.72% from the prior year.
- Non-Current Debt declined to $305.3 million in Q2 2026, from $315.3 million in the prior quarter.
- Over five years, Non-Current Debt peaked at $467.9 million in Q2 2023 and troughed at $305.3 million in Q2 2026.
- A 5-year average of $380.9 million and a median of $372.1 million in 2023 frame the typical range for Non-Current Debt.
- The widest annual swing landed in 2023, when Non-Current Debt jumped 51.79%; it then fell 18.09% in 2025.
- A 5-year view of Non-Current Debt shows it stood at $308.3 million in 2022, then soared by 51.79% to $467.9 million in 2023, then dropped by 17.27% to $387.1 million in 2024, then retreated by 15.72% to $326.2 million in 2025, then decreased by 6.41% to $305.3 million in 2026.
- Per Business Quant data, the three most recent Non-Current Debt figures were $305.3 million in Q2 2026, $315.3 million in Q1 2026, and $326.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | 54.56 Bn |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 85.72 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 129.43 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | 1.06 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 42.98 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 17.64 Bn |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - | 305.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 305.32 Mn |
| Mar 31, 2026 | 315.32 Mn |
| Dec 31, 2025 | 232.29 Mn |
| Sep 30, 2025 | 50.84 Mn |
| Jun 30, 2025 | 356.22 Mn |
| Mar 31, 2025 | 366.22 Mn |
| Dec 31, 2024 | 121.52 Mn |
| Sep 30, 2024 | 417.08 Mn |
| Jun 30, 2024 | 221.90 Mn |
| Mar 31, 2024 | 228.62 Mn |
| Dec 31, 2023 | 229.73 Mn |
| Sep 30, 2023 | 457.91 Mn |
| Jun 30, 2023 | 219.46 Mn |
| Mar 31, 2023 | 49.13 Mn |
| Dec 31, 2022 | 308.26 Mn |
| Sep 30, 2022 | 338.26 Mn |
| Jun 30, 2022 | 48.59 Mn |
| Mar 31, 2022 | 204.27 Mn |
| Dec 31, 2021 | 197.46 Mn |
| Sep 30, 2021 | 48.07 Mn |