Mercantile Bank (MBWM) Revenue (2010 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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();