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| Date | Value |
|---|---|
| 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 |