Mercantile Bank (MBWM) Payout Ratio (2013 - 2026)
Mercantile Bank's Payout Ratio was 0.27 in Q2 2026, down 6.4% from 0.29 a year earlier and down 0.6% from the prior quarter.
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Analysis
Mercantile Bank (MBWM) Payout Ratio (2013 - 2026) Analysis & Trends
From Q1 2013 onward, Mercantile Bank has reported Payout Ratio for 54 quarters.
- In earlier years, Payout Ratio was 0.28 in FY2024 (+10.5%), 0.26 in FY2023 (-20.4%), 0.32 in FY2022 (+2.3%) and 0.31 in FY2021 (-22.7%).
- The Q2 2026 figure marks the lowest quarterly Payout Ratio since Q1 2024.
- Compared with a year earlier, Payout Ratio has declined for four straight quarters, with growth averaging 3.0% over the last eight quarters.
- The best year-over-year quarter for Payout Ratio over five years was Q3 2022 (growth of 26.5%); the worst was Q3 2023 (a decline of 35.0%).
- Per Business Quant data, MBWM's Payout Ratio in the three quarters before Q2 2026 was 0.27 (Q1 2026), 0.27 (Q4 2025) and 0.28 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | Mercantile Bank | 1.01 Bn | 1.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.27 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.29 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.27 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.28 |
| Dec 31, 2022 | 0.32 |
| Sep 30, 2022 | 0.38 |
| Jun 30, 2022 | 0.38 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.30 |
API Access
Mercantile Bank Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payout-ratio&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payout-ratio&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();