Mercantile Bank (MBWM) Short-Term Debt issuances (2010 - 2026)
Mercantile Bank (MBWM) posted Short-Term Debt issuances of -$12.8 million for Q1 2026, up 33.48% on a QoQ basis from -$19.2 million in Q4 2025, and down 110.6% year-over-year from $120.6 million in Q1 2025.
Mercantile Bank (MBWM) Short-Term Debt issuances (2010 - 2026) Analysis & Trends
Mercantile Bank's Short-Term Debt issuances history runs 17 years deep, the most recent figure standing at -$12.8 million for Q1 2026.
- Quarterly Short-Term Debt issuances fell 110.6% year-over-year to -$12.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$22.6 million (down 267.52% YoY) and the FY2025 annual result came in at $110.8 million, up 202.36% from the prior year.
- Short-Term Debt issuances was -$12.8 million for Q1 2026 at Mercantile Bank, up from -$19.2 million in the prior quarter.
- Across five years, Short-Term Debt issuances topped out at $120.6 million in Q1 2025 and bottomed at -$99.4 million in Q4 2024.
- A 5-year average of $1.3 million and a median of -$1.1 million in 2024 frame the typical range for Short-Term Debt issuances.
- Annual changes were most pronounced in 2023 — Short-Term Debt issuances tumbled 1069.73% — and 2025, when it soared 10904.75%.
- Mercantile Bank's Short-Term Debt issuances stood at -$4.3 million in 2022, then surged by 1639.32% to $65.7 million in 2023, then slumped by 251.43% to -$99.4 million in 2024, then surged by 80.68% to -$19.2 million in 2025, then soared by 33.48% to -$12.8 million in 2026.
- Business Quant data shows MBWM's Short-Term Debt issuances at -$12.8 million in Q1 2026, -$19.2 million in Q4 2025, and $8.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Short-Term Debt issuances (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -76.07 Mn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -87,380.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 290.00 Mn |
| 10 | Mercantile Bank | 985.63 Mn | 406.32 Mn | - | -12.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.78 Mn |
| Mar 31, 2026 | -12.78 Mn |
| Dec 31, 2025 | -19.21 Mn |
| Dec 31, 2025 | -19.21 Mn |
| Sep 30, 2025 | 8.71 Mn |
| Sep 30, 2025 | 8.71 Mn |
| Jun 30, 2025 | 683,000.00 |
| Jun 30, 2025 | 683,000.00 |
| Mar 31, 2025 | 120.58 Mn |
| Mar 31, 2025 | 120.58 Mn |
| Dec 31, 2024 | -99.42 Mn |
| Dec 31, 2024 | -99.42 Mn |
| Sep 30, 2024 | -962,000.00 |
| Sep 30, 2024 | -962,000.00 |
| Jun 30, 2024 | -6.72 Mn |
| Jun 30, 2024 | -6.72 Mn |
| Mar 31, 2024 | -1.12 Mn |
| Mar 31, 2024 | -1.12 Mn |
| Dec 31, 2023 | 65.65 Mn |
| Dec 31, 2023 | 65.65 Mn |