Mercantile Bank (MBWM) Property, Plant & Equipment (Net) (2010 - 2026)
Mercantile Bank (MBWM) recorded Property, Plant & Equipment (Net) of $60.73 million in Q2 2026, up 10.8% from $54.79 million a year earlier but down 1.8% from the prior quarter.
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Analysis
Mercantile Bank (MBWM) Property, Plant & Equipment (Net) (2010 - 2026) Analysis & Trends
At the end of FY2025, Mercantile Bank reported Property, Plant & Equipment (Net) of $62.47 million, up 16.9% from FY2024.
- Annual Property, Plant & Equipment (Net) has a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
- Across earlier years, Property, Plant & Equipment (Net) came in at $53.43 million in FY2024 (+4.9%), $50.93 million in FY2023 (-1.1%), $51.48 million in FY2022 (-10.2%) and $57.3 million in FY2021 (-2.8%).
- Quarterly Property, Plant & Equipment (Net) has ranged from $50.16 million in Q2 2024 to $62.47 million in Q4 2025 over the past five years.
- On a year-over-year basis, Property, Plant & Equipment (Net) has increased for eight consecutive quarters, with growth averaging 8.8% over the last eight quarters.
- Peak year-over-year performance for Property, Plant & Equipment (Net) in the last five years was growth of 16.9% in Q4 2025, against a decline of 11.8% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $61.86 million (Q1 2026), $62.47 million (Q4 2025) and $56.16 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 37.70 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | 29.00 Bn |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 12.79 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 4.98 Bn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 8.96 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 11.63 Bn |
| 10 | Mercantile Bank | 1.03 Bn | 1.03 Bn | - | 60.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.73 Mn |
| Mar 31, 2026 | 61.86 Mn |
| Dec 31, 2025 | 62.47 Mn |
| Sep 30, 2025 | 56.16 Mn |
| Jun 30, 2025 | 54.79 Mn |
| Mar 31, 2025 | 53.69 Mn |
| Dec 31, 2024 | 53.43 Mn |
| Sep 30, 2024 | 54.23 Mn |
| Jun 30, 2024 | 50.16 Mn |
| Mar 31, 2024 | 50.84 Mn |
| Dec 31, 2023 | 50.93 Mn |
| Sep 30, 2023 | 52.23 Mn |
| Jun 30, 2023 | 52.29 Mn |
| Mar 31, 2023 | 51.51 Mn |
| Dec 31, 2022 | 51.48 Mn |
| Sep 30, 2022 | 52.12 Mn |
| Jun 30, 2022 | 51.40 Mn |
| Mar 31, 2022 | 56.08 Mn |
| Dec 31, 2021 | 57.30 Mn |
| Sep 30, 2021 | 57.47 Mn |
API Access
Mercantile Bank Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();