Mercantile Bank (MBWM) Revenue (2010 - 2026)
Mercantile Bank's Revenue was $7.16 million in Q2 2026, up 9.9% from $6.51 million a year earlier and up 0.9% from the prior quarter.
Mercantile Bank (MBWM) Revenue (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mercantile Bank's Revenue was $26.03 million through Jun 30, 2026, up 13.6% year-over-year; for FY2025, it was $23.65 million, up 4.0% from FY2024.
- Revenue has now increased for eight consecutive years, with a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- In earlier years, Revenue was $22.73 million in FY2024 (+7.6%), $21.12 million in FY2023 (+22.8%), $17.2 million in FY2022 (+12.7%) and $15.27 million in FY2021 (+17.0%).
- The Q2 2026 figure marks the highest quarterly Revenue since Q4 2023.
- Compared with a year earlier, Revenue has increased for five straight quarters, with growth averaging 6.1% over the last eight quarters.
- The best year-over-year quarter for Revenue over five years was Q4 2023 (growth of 96.2%); the worst was Q4 2024 (a decline of 32.7%).
- Per Business Quant data, MBWM's Revenue in the three quarters before Q2 2026 was $7.09 million (Q1 2026), $5.85 million (Q4 2025) and $5.94 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 57.35 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 31.56 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 21.35 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 13.30 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 20.34 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 22.62 Bn |
| 10 | Mercantile Bank | 1.01 Bn | 1.01 Bn | - | 7.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.16 Mn |
| Mar 31, 2026 | 7.09 Mn |
| Dec 31, 2025 | 5.85 Mn |
| Sep 30, 2025 | 5.94 Mn |
| Jun 30, 2025 | 6.51 Mn |
| Mar 31, 2025 | 5.36 Mn |
| Dec 31, 2024 | 5.71 Mn |
| Sep 30, 2024 | 5.34 Mn |
| Jun 30, 2024 | 5.59 Mn |
| Mar 31, 2024 | 6.09 Mn |
| Dec 31, 2023 | 8.48 Mn |
| Sep 30, 2023 | 4.40 Mn |
| Jun 30, 2023 | 4.25 Mn |
| Mar 31, 2023 | 4.00 Mn |
| Dec 31, 2022 | 4.32 Mn |
| Sep 30, 2022 | 4.41 Mn |
| Jun 30, 2022 | 4.30 Mn |
| Mar 31, 2022 | 4.18 Mn |
| Dec 31, 2021 | 4.01 Mn |
| Sep 30, 2021 | 3.92 Mn |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();