Mercantile Bank (MBWM) Revenue (2010 - 2026)
Mercantile Bank (MBWM) posted Revenue of $2.6 million for Q1 2026, up 474.53% on a QoQ basis from -$691000.0 in Q4 2025, and up 148.85% year-over-year from $1.0 million in Q1 2025.
Mercantile Bank (MBWM) Revenue (2010 - 2026) Analysis & Trends
Mercantile Bank's Revenue history runs 17 years deep, the most recent figure standing at $2.6 million for Q1 2026.
- Quarterly Revenue rose 148.85% year-over-year to $2.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.5 million (down 40.46% YoY) and the FY2025 annual result came in at $2.0 million, down 71.4% from the prior year.
- Revenue was $2.6 million for Q1 2026 at Mercantile Bank, up from -$691000.0 in the prior quarter.
- Across five years, Revenue topped out at $4.3 million in Q4 2023 and bottomed at -$2.3 million in Q4 2022.
- A 5-year average of $1.0 million and a median of $746000.0 in 2023 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue sank 160.36% — and 2024, when it surged 1111.76%.
- Mercantile Bank's Revenue stood at -$2.3 million in 2022, then jumped by 287.88% to $4.3 million in 2023, then tumbled by 57.02% to $1.9 million in 2024, then sank by 137.03% to -$691000.0 in 2025, then jumped by 474.53% to $2.6 million in 2026.
- Business Quant data shows MBWM's Revenue at $2.6 million in Q1 2026, -$691000.0 in Q4 2025, and $377000.0 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 317,663.73 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 19,216.59 |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 207,347.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 5.88 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 1,732.81 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | 6.99 Bn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.72 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 17.53 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 6.17 Bn |
| 10 | Mercantile Bank | 985.63 Mn | 406.32 Mn | - | 2.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.59 Mn |
| Dec 31, 2025 | -691,000.00 |
| Sep 30, 2025 | 377,000.00 |
| Jun 30, 2025 | 1.23 Mn |
| Mar 31, 2025 | 1.04 Mn |
| Dec 31, 2024 | 1.87 Mn |
| Sep 30, 2024 | 713,000.00 |
| Jun 30, 2024 | 2.27 Mn |
| Mar 31, 2024 | 198,000.00 |
| Dec 31, 2023 | 4.34 Mn |
| Sep 30, 2023 | 2.23 Mn |
| Jun 30, 2023 | 187,000.00 |
| Mar 31, 2023 | 746,000.00 |
| Dec 31, 2022 | -2.31 Mn |
| Sep 30, 2022 | 210,000.00 |
| Jun 30, 2022 | 1.50 Mn |
| Mar 31, 2022 | 638,000.00 |
| Dec 31, 2021 | 3.83 Mn |
| Sep 30, 2021 | 1.95 Mn |
| Jun 30, 2021 | 405,000.00 |