Mercantile Bank (MBWM) Payables (2016 - 2026)

Mercantile Bank (MBWM) has disclosed Payables for 11 consecutive years, with $5.4 billion as the latest value for Q1 2026.

  • For Q1 2026, Payables rose 15.76% year-over-year to $5.4 billion; the TTM value through Mar 2026 reached $5.4 billion, up 15.76%, while the annual FY2025 figure was $5.3 billion, 12.47% up from the prior year.
  • Payables hit $5.4 billion in Q1 2026 for Mercantile Bank, up from $5.3 billion in the prior quarter.
  • Across five years, Payables topped out at $5.4 billion in Q1 2026 and bottomed at $3.6 billion in Q1 2023.
  • Average Payables over 5 years is $4.3 billion, with a median of $4.0 billion recorded in 2024.
  • Year-over-year, Payables dropped 9.51% in 2023 and then rose 20.44% in 2024.
  • Mercantile Bank's Payables stood at $3.7 billion in 2022, then increased by 5.07% to $3.9 billion in 2023, then grew by 20.44% to $4.7 billion in 2024, then grew by 12.47% to $5.3 billion in 2025, then grew by 2.56% to $5.4 billion in 2026.
  • According to Business Quant data, Payables over the past three periods came in at $5.4 billion, $5.3 billion, and $4.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.