Mercantile Bank (MBWM) Non-Interest Income (2010 - 2026)
Mercantile Bank (MBWM) reported Non-Interest Income of $11.7 million for Q1 2026, up 34.31% on a YoY basis from $8.7 million in Q1 2025, and up 5.72% quarter-over-quarter from $11.1 million in Q4 2025.
Mercantile Bank (MBWM) Non-Interest Income (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Non-Interest Income for 17 years, with the latest figure at $11.7 million in Q1 2026.
- For the quarter ending Q1 2026, Non-Interest Income rose 34.31% year-over-year to $11.7 million; the trailing twelve-month figure through Mar 2026 stood at $44.6 million (up 16.67% YoY), and the FY2025 full-year result was $41.6 million, up 3.02% from the prior year.
- Non-Interest Income for Q1 2026 stood at $11.7 million, up from $11.1 million in the prior quarter.
- The five-year high for Non-Interest Income was $11.7 million in Q1 2026, with the low at $7.0 million in Q1 2023.
- Historically, Non-Interest Income has averaged $9.3 million across 5 years, with a median of $9.3 million in 2022.
- Annual changes were most pronounced in 2022 — Non-Interest Income sank 53.24% — and 2024, when it jumped 56.35%.
- Mercantile Bank's Non-Interest Income stood at $7.8 million in 2022, then rose by 7.0% to $8.3 million in 2023, then grew by 22.54% to $10.2 million in 2024, then climbed by 8.69% to $11.1 million in 2025, then gained by 5.72% to $11.7 million in 2026.
- The last three Non-Interest Income figures came in at $11.7 million (Q1 2026), $11.1 million (Q4 2025), and $10.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Interest Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 2.05 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 3.76 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | -2.97 Bn |
| 10 | Mercantile Bank | 955.46 Mn | 357.30 Mn | - | 11.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.69 Mn |
| Dec 31, 2025 | 11.06 Mn |
| Sep 30, 2025 | 10.39 Mn |
| Jun 30, 2025 | 11.46 Mn |
| Mar 31, 2025 | 8.70 Mn |
| Dec 31, 2024 | 10.17 Mn |
| Sep 30, 2024 | 9.67 Mn |
| Jun 30, 2024 | 9.68 Mn |
| Mar 31, 2024 | 10.87 Mn |
| Dec 31, 2023 | 8.30 Mn |
| Sep 30, 2023 | 9.25 Mn |
| Jun 30, 2023 | 7.65 Mn |
| Mar 31, 2023 | 6.95 Mn |
| Dec 31, 2022 | 7.76 Mn |
| Sep 30, 2022 | 7.28 Mn |
| Jun 30, 2022 | 7.74 Mn |
| Mar 31, 2022 | 9.28 Mn |
| Dec 31, 2021 | 12.63 Mn |
| Sep 30, 2021 | 15.57 Mn |
| Jun 30, 2021 | 14.56 Mn |