Mercantile Bank (MBWM) Revenue (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Revenue of $2.9 million for Q2 2026, up 24.3% year-over-year from $2.4 million in Q2 2025, and up 12.87% on a QoQ basis from $2.6 million in Q1 2026.
Mercantile Bank (MBWM) Revenue (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Revenue for 17 years, with the latest figure at $2.9 million in Q2 2026.
- Revenue for Q2 2026 came in at $2.9 million, up 24.3% year-over-year; the trailing twelve-month figure through Jun 2026 was $10.2 million (up 13.13% YoY), and the FY2025 annual result was $9.2 million, up 4.38% from the prior year.
- Revenue climbed to $2.9 million in Q2 2026, from $2.6 million in the prior quarter.
- Over five years, Revenue peaked at $2.9 million in Q2 2026 and troughed at $1.9 million in Q1 2022.
- A 5-year average of $2.3 million and a median of $2.2 million in 2023 frame the typical range for Revenue.
- The widest annual swing landed in 2024, when Revenue dropped 6.6%; it then gained 24.3% in 2026.
- A 5-year view of Revenue shows it stood at $2.1 million in 2022, then gained by 3.88% to $2.2 million in 2023, then fell by 0.91% to $2.2 million in 2024, then rose by 4.96% to $2.3 million in 2025, then climbed by 27.83% to $2.9 million in 2026.
- Per Business Quant data, the three most recent Revenue figures were $2.9 million in Q2 2026, $2.6 million in Q1 2026, and $2.3 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 6.88 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 7.69 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | 5.55 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 10.66 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | 5.51 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 5.27 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 3.27 Bn |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - | 2.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.92 Mn |
| Mar 31, 2026 | 2.59 Mn |
| Dec 31, 2025 | -691,000.00 |
| Sep 30, 2025 | 377,000.00 |
| Jun 30, 2025 | 1.23 Mn |
| Mar 31, 2025 | 1.04 Mn |
| Dec 31, 2024 | 1.87 Mn |
| Sep 30, 2024 | 713,000.00 |
| Jun 30, 2024 | 2.27 Mn |
| Mar 31, 2024 | 198,000.00 |
| Dec 31, 2023 | 4.34 Mn |
| Sep 30, 2023 | 2.23 Mn |
| Jun 30, 2023 | 187,000.00 |
| Mar 31, 2023 | 746,000.00 |
| Dec 31, 2022 | -2.31 Mn |
| Sep 30, 2022 | 210,000.00 |
| Jun 30, 2022 | 1.50 Mn |
| Mar 31, 2022 | 638,000.00 |
| Dec 31, 2021 | 3.83 Mn |
| Sep 30, 2021 | 1.95 Mn |