Mercantile Bank (MBWM) Retained Earnings (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Retained Earnings of $434.8 million for Q2 2026, up 19.12% year-over-year from $365.0 million in Q2 2025, and up 4.64% on a QoQ basis from $415.5 million in Q1 2026.
Mercantile Bank (MBWM) Retained Earnings (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Retained Earnings for 17 years, with the latest figure at $434.8 million in Q2 2026.
- Retained Earnings for Q2 2026 came in at $434.8 million, up 19.12% year-over-year; the trailing twelve-month figure through Jun 2026 was $434.8 million (up 19.12% YoY), and the FY2025 annual result was $399.4 million, up 19.36% from the prior year.
- Retained Earnings climbed to $434.8 million in Q2 2026, from $415.5 million in the prior quarter.
- Over five years, Retained Earnings peaked at $434.8 million in Q2 2026 and troughed at -$65.3 million in Q4 2022.
- A 5-year average of $266.5 million and a median of $300.2 million in 2024 frame the typical range for Retained Earnings.
- The widest annual swing landed in 2022, when Retained Earnings slumped 1652.24%; it then soared 762.84% in 2024.
- A 5-year view of Retained Earnings shows it stood at -$65.3 million in 2022, then increased by 22.73% to -$50.5 million in 2023, then soared by 762.84% to $334.6 million in 2024, then grew by 19.36% to $399.4 million in 2025, then gained by 8.85% to $434.8 million in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were $434.8 million in Q2 2026, $415.5 million in Q1 2026, and $399.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | 25.64 Bn |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 65.52 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 83.24 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 8.37 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 43.89 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | 8.50 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 31.62 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 25.65 Bn |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - | 434.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 434.79 Mn |
| Mar 31, 2026 | 415.50 Mn |
| Dec 31, 2025 | 399.45 Mn |
| Sep 30, 2025 | -28.51 Mn |
| Jun 30, 2025 | -35.77 Mn |
| Mar 31, 2025 | 348.28 Mn |
| Dec 31, 2024 | -49.83 Mn |
| Sep 30, 2024 | -36.12 Mn |
| Jun 30, 2024 | 306.80 Mn |
| Mar 31, 2024 | 293.55 Mn |
| Dec 31, 2023 | -50.49 Mn |
| Sep 30, 2023 | -73.59 Mn |
| Jun 30, 2023 | -61.52 Mn |
| Mar 31, 2023 | 232.12 Mn |
| Dec 31, 2022 | -65.34 Mn |
| Sep 30, 2022 | -72.46 Mn |
| Jun 30, 2022 | -47.67 Mn |
| Mar 31, 2022 | 181.53 Mn |
| Dec 31, 2021 | -3.73 Mn |
| Sep 30, 2021 | 167.54 Mn |