Mercantile Bank MBWM
NASDAQ MBWM
$61.36 -0.27 (-0.44%)
At close: Nov 10, 2026 · 4:00 PM EST

Mercantile Bank (MBWM) Revenue (2010 - 2026)

Updated

Mercantile Bank's Revenue was $68.76 million in Q2 2026, up 12.8% from $60.94 million a year earlier and up 1.7% from the prior quarter.

Analysis

Mercantile Bank (MBWM) Revenue (2010 - 2026) Analysis & Trends

On a trailing twelve-month basis, Mercantile Bank's Revenue was $260.81 million through Jun 30, 2026, up 11.1% year-over-year; for FY2025, it was $242.65 million, up 4.8% from FY2024.

  • Revenue has now increased for 12 consecutive years, with a five-year compound annual growth rate of 7.7% (FY2020 to FY2025).
  • In earlier years, Revenue was $231.48 million in FY2024 (+2.6%), $225.69 million in FY2023 (+18.6%), $190.32 million in FY2022 (+5.6%) and $180.28 million in FY2021 (+7.7%).
  • The Q2 2026 figure marks the highest quarterly Revenue since Q4 2015.
  • Compared with a year earlier, Revenue has increased for five straight quarters, with growth averaging 6.6% over the last eight quarters.
  • The best year-over-year quarter for Revenue over five years was Q1 2023 (growth of 37.8%); the worst was Q2 2022 (a decline of 7.4%).
  • Per Business Quant data, MBWM's Revenue in the three quarters before Q2 2026 was $67.59 million (Q1 2026), $62.07 million (Q4 2025) and $62.39 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Jpmorgan Chase 918.91 Bn 918.91 Bn - 50.17 Bn
2 Banco Santander Chile 870.35 Bn 846.93 Bn - -
3 Bank Of America 358.55 Bn -2,017.56 Bn - 29.96 Bn
4 Hsbc Holdings 315.74 Bn -668.95 Bn - -
5 Morgan Stanley 290.88 Bn -253.14 Bn - 20.34 Bn
6 Royal Bank Of Canada 287.92 Bn 137.98 Bn - 13.30 Bn
7 Goldman Sachs 270.57 Bn -3,472.88 Bn - 18.68 Bn
8 Wells Fargo & Company 258.79 Bn 258.79 Bn - 21.87 Bn
9 Mitsubishi Ufj Financial 247.94 Bn 129.81 Bn - -
10 Mercantile Bank 1.06 Bn 1.06 Bn - 73.20 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 73.20 Mn
Jun 30, 2026 68.76 Mn
Mar 31, 2026 67.59 Mn
Dec 31, 2025 62.07 Mn
Sep 30, 2025 62.39 Mn
Jun 30, 2025 60.94 Mn
Mar 31, 2025 57.25 Mn
Dec 31, 2024 58.53 Mn
Sep 30, 2024 57.96 Mn
Jun 30, 2024 56.75 Mn
Mar 31, 2024 58.23 Mn
Dec 31, 2023 56.95 Mn
Sep 30, 2023 58.21 Mn
Jun 30, 2023 55.20 Mn
Mar 31, 2023 55.34 Mn
Dec 31, 2022 58.42 Mn
Sep 30, 2022 49.66 Mn
Jun 30, 2022 42.07 Mn
Mar 31, 2022 40.16 Mn
Dec 31, 2021 45.17 Mn
API Access

Mercantile Bank Revenue 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=revenue&ticker=MBWM&period=max&api_key=YOUR_API_KEY