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| Date | Value |
|---|---|
| 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 |