Mercantile Bank (MBWM) Short-term Investments (2009 - 2026)
Mercantile Bank (MBWM) reported Short-term Investments of $119 million for Q4 2017, down 9.8% from $132 million a year earlier and down 2.5% from the prior quarter.
Mercantile Bank (MBWM) Short-term Investments (2009 - 2026) Analysis & Trends
Dating back to Q4 2013, Mercantile Bank's Short-term Investments record includes 17 quarters.
- Short-term Investments has declined for three consecutive years, though with a four-year compound annual growth rate of 6.0% (FY2013 to FY2017).
- By year, Short-term Investments came in at $132 million in FY2016 (-14.8%), $155 million in FY2015 (-7.7%), $168 million in FY2014 (+78.0%) and $94.4 million in FY2013.
- Five-year quarterly Short-term Investments spans a low of $94.4 million in Q4 2013 and a high of $272.6 million in Q2 2014.
- Year over year, Short-term Investments has now declined in each of the last seven quarters, with an average decline of 11.2% over the last eight quarters.
- The high point for year-over-year Short-term Investments in five years was Q4 2014 (growth of 78.0%); the low point was Q2 2015 (a decline of 44.2%).
- Per Business Quant data, the three quarters before Q4 2017 came in at $122 million (Q3 2017), $111 million (Q2 2017) and $127 million (Q1 2017).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn |
| 10 | Mercantile Bank | 1.06 Bn | -4.34 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.13 Bn |
| Jun 30, 2026 | 1.13 Bn |
| Mar 31, 2026 | 1.12 Bn |
| Sep 30, 2025 | 841.85 Mn |
| Jun 30, 2025 | 803.26 Mn |
| Mar 31, 2025 | 763.10 Mn |
| Sep 30, 2024 | 699.87 Mn |
| Jun 30, 2024 | 640.63 Mn |
| Mar 31, 2024 | 634.10 Mn |
| Sep 30, 2023 | 629.65 Mn |
| Jun 30, 2023 | 634.61 Mn |
| Mar 31, 2023 | 627.63 Mn |
| Sep 30, 2022 | 618.04 Mn |
| Jun 30, 2022 | 615.73 Mn |
| Mar 31, 2022 | 613.32 Mn |
| Sep 30, 2021 | 547.34 Mn |
| Jun 30, 2021 | 483.81 Mn |
| Mar 31, 2021 | 419.51 Mn |
| Sep 30, 2020 | 335.44 Mn |
| Jun 30, 2020 | 339.37 Mn |
Mercantile Bank Short-term Investments 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=short-term-investments&ticker=MBWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "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=short-term-investments&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();