Mercantile Bank (MBWM) Revenue (2010 - 2026)

Mercantile Bank (MBWM) reported Revenue of $2.5 million for Q1 2026, up 138.85% on a YoY basis from $1.0 million in Q1 2025, and up 141.09% quarter-over-quarter from -$6.0 million in Q4 2025.

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

Mercantile Bank has reported Revenue for 17 years, with the latest figure at $2.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Revenue rose 138.85% year-over-year to $2.5 million; the trailing twelve-month figure through Mar 2026 stood at $852000.0 (down 29.18% YoY), and the FY2025 full-year result was $876000.0, down 71.35% from the prior year.
  • Revenue for Q1 2026 stood at $2.5 million, up from -$6.0 million in the prior quarter.
  • The five-year high for Revenue was $2.5 million in Q1 2026, with the low at -$6.0 million in Q4 2025.
  • Historically, Revenue has averaged $636588.2 across 5 years, with a median of $1.0 million in 2025.
  • Annual changes were most pronounced in 2023 — Revenue surged 1574.5% — and 2025, when it sank 215.22%.
  • Mercantile Bank's Revenue stood at -$149000.0 in 2022, then surged by 1574.5% to $2.2 million in 2023, then plunged by 187.3% to -$1.9 million in 2024, then slumped by 215.22% to -$6.0 million in 2025, then jumped by 141.09% to $2.5 million in 2026.
  • The last three Revenue figures came in at $2.5 million (Q1 2026), -$6.0 million (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - 6.99 Bn
4 First Capital 215.78 Bn 215.63 Bn - 1.72 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 18.79 Mn
7 NatWest 168.65 Bn -51.67 Bn - 5.88 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - 19,494.49
9 Mizuho Financial 112.02 Bn 112.56 Bn - -1.21 Bn
10 Mercantile Bank 955.46 Mn 357.30 Mn - 2.48 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.48 Mn
Dec 31, 2025 -6.05 Mn
Sep 30, 2025 2.06 Mn
Jun 30, 2025 2.35 Mn
Mar 31, 2025 1.04 Mn
Dec 31, 2024 -1.92 Mn
Sep 30, 2024 389,000.00
Jun 30, 2024 1.69 Mn
Mar 31, 2024 1.53 Mn
Dec 31, 2023 2.20 Mn
Sep 30, 2023 2.23 Mn
Jun 30, 2023 187,000.00
Mar 31, 2023 746,000.00
Dec 31, 2022 -149,000.00
Sep 30, 2022 1.58 Mn
Jun 30, 2022 202,000.00
Mar 31, 2022 242,000.00
Dec 31, 2021 1.39 Mn
Sep 30, 2021 412,000.00
Jun 30, 2021 1.21 Mn