Mercantile Bank (MBWM) Payables (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Payables of $5.3 billion for Q2 2026, up 12.52% year-over-year from $4.7 billion in Q2 2025, and down 2.21% on a QoQ basis from $5.4 billion in Q1 2026.
Mercantile Bank (MBWM) Payables (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Payables for 17 years, with the latest figure at $5.3 billion in Q2 2026.
- Payables for Q2 2026 came in at $5.3 billion, up 12.52% year-over-year; the trailing twelve-month figure through Jun 2026 was $5.3 billion (up 12.52% YoY), and the FY2025 annual result was $5.3 billion, up 12.47% from the prior year.
- Payables eased to $5.3 billion in Q2 2026, from $5.4 billion in the prior quarter.
- Over five years, Payables peaked at $5.4 billion in Q1 2026 and troughed at $3.6 billion in Q1 2023.
- A 5-year average of $4.3 billion and a median of $4.1 billion in 2024 frame the typical range for Payables.
- The widest annual swing landed in 2023, when Payables declined 9.55%; it then increased 20.44% in 2024.
- A 5-year view of Payables shows it stood at $3.7 billion in 2022, then climbed by 5.07% to $3.9 billion in 2023, then advanced by 20.44% to $4.7 billion in 2024, then advanced by 12.47% to $5.3 billion in 2025, then grew by 0.29% to $5.3 billion in 2026.
- Per Business Quant data, the three most recent Payables figures were $5.3 billion in Q2 2026, $5.4 billion in Q1 2026, and $5.3 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 121.02 Bn | 84.82 Bn | - | 344.79 Bn |
| 2 | Pnc Financial Services | 97.68 Bn | 97.68 Bn | - | 449.79 Bn |
| 3 | Us Bancorp | 95.94 Bn | 95.94 Bn | - | 569.40 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.78 Bn | -144.31 Bn | - | 98.17 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.05 Bn | -81.26 Bn | - | - |
| 7 | Nu Holdings | 71.36 Bn | 57.67 Bn | 2.35 Bn | 45.44 Bn |
| 8 | Truist Financial | 61.59 Bn | 61.59 Bn | - | 26.89 Bn |
| 9 | Fifth Third Bancorp | 49.58 Bn | 25.85 Bn | - | 238.77 Bn |
| 10 | Mercantile Bank | 1.03 Bn | 686.08 Mn | - | 5.30 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.30 Bn |
| Mar 31, 2026 | 5.42 Bn |
| Dec 31, 2025 | 5.28 Bn |
| Sep 30, 2025 | 4.81 Bn |
| Jun 30, 2025 | 4.71 Bn |
| Mar 31, 2025 | 4.68 Bn |
| Dec 31, 2024 | 4.70 Bn |
| Sep 30, 2024 | 4.46 Bn |
| Jun 30, 2024 | 4.15 Bn |
| Mar 31, 2024 | 4.01 Bn |
| Dec 31, 2023 | 3.90 Bn |
| Sep 30, 2023 | 3.90 Bn |
| Jun 30, 2023 | 3.76 Bn |
| Mar 31, 2023 | 3.60 Bn |
| Dec 31, 2022 | 3.71 Bn |
| Sep 30, 2022 | 3.85 Bn |
| Jun 30, 2022 | 3.87 Bn |
| Mar 31, 2022 | 3.98 Bn |
| Dec 31, 2021 | 4.08 Bn |
| Sep 30, 2021 | 3.87 Bn |