Mercantile Bank (MBWM) Non-Interest Income (2010 - 2026)

Mercantile Bank (MBWM) posted Non-Interest Income of $11.7 million for Q1 2026, down 52.94% on a QoQ basis from $24.8 million in Q4 2025, and up 139.9% year-over-year from $4.9 million in Q1 2025.

Mercantile Bank (MBWM) Non-Interest Income (2010 - 2026) Analysis & Trends

Mercantile Bank's Non-Interest Income history runs 17 years deep, the most recent figure standing at $11.7 million for Q1 2026.

  • Quarterly Non-Interest Income rose 139.9% year-over-year to $11.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $53.8 million (up 442.16% YoY) and the FY2025 annual result came in at $41.6 million, up 161.27% from the prior year.
  • Non-Interest Income was $11.7 million for Q1 2026 at Mercantile Bank, down from $24.8 million in the prior quarter.
  • Across five years, Non-Interest Income topped out at $24.8 million in Q4 2025 and bottomed at -$14.3 million in Q4 2024.
  • A 5-year average of $8.0 million and a median of $5.8 million in 2025 frame the typical range for Non-Interest Income.
  • Annual changes were most pronounced in 2024 — Non-Interest Income sank 189.8% — and 2025, when it soared 273.8%.
  • Mercantile Bank's Non-Interest Income stood at $19.1 million in 2022, then declined by 16.82% to $15.9 million in 2023, then sank by 189.8% to -$14.3 million in 2024, then surged by 273.8% to $24.8 million in 2025, then sank by 52.94% to $11.7 million in 2026.
  • Business Quant data shows MBWM's Non-Interest Income at $11.7 million in Q1 2026, $24.8 million in Q4 2025, and $5.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Interest Income (Qtr)
1 Bank Of Chile 4,182.11 Bn 4,182.11 Bn 167,623.00 -
2 Lloyds Banking 363.82 Bn 363.82 Bn - -
3 First Capital 209.87 Bn 209.53 Bn - 1.09 Mn
4 Landmark Bancorp 190.71 Bn 190.68 Bn - 2.58 Mn
5 NatWest 145.78 Bn 145.78 Bn 1.79 Bn -
6 Pnc Financial Services 100.74 Bn 100.74 Bn - 2.20 Bn
7 Grupo Aval Acciones Y Valores 77.54 Bn -1,273.74 Bn - -1.86 Bn
8 Nu Holdings 69.96 Bn 54.80 Bn 1.94 Bn -157.76 Mn
9 Deutsche Bank Aktiengesellschaft 67.94 Bn 67.94 Bn - -
10 Mercantile Bank 1.02 Bn 436.83 Mn - 11.69 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.69 Mn
Dec 31, 2025 24.84 Mn
Sep 30, 2025 5.84 Mn
Jun 30, 2025 11.46 Mn
Mar 31, 2025 4.87 Mn
Dec 31, 2024 -14.29 Mn
Sep 30, 2024 9.67 Mn
Jun 30, 2024 9.68 Mn
Mar 31, 2024 4.50 Mn
Dec 31, 2023 15.92 Mn
Sep 30, 2023 5.09 Mn
Jun 30, 2023 5.51 Mn
Mar 31, 2023 5.63 Mn
Dec 31, 2022 19.13 Mn
Sep 30, 2022 4.03 Mn
Jun 30, 2022 7.74 Mn
Mar 31, 2022 4.22 Mn
Dec 31, 2021 12.63 Mn
Sep 30, 2021 15.57 Mn
Jun 30, 2021 4.34 Mn