Mercantile Bank (MBWM) Times Interest Earned (2010 - 2026)
Mercantile Bank posted quarterly Times Interest Earned of $1.92 for Q1 2026, up 9.54% year-on-year from $1.76 in Q1 2025, and up 4.92% on a QoQ basis from $1.83 in Q4 2025.
Mercantile Bank (MBWM) has 17 years of Times Interest Earned data on file, last reported at $1.92 in Q1 2026.
- For the quarter ending Q1 2026, Times Interest Earned rose 9.54% year-over-year to $1.92; the trailing twelve-month figure through Mar 2026 stood at $1.84 (up 7.19% YoY), and the FY2025 full-year result was $0.17, up 6.33% from the prior year.
- Times Interest Earned for Q1 2026 stood at $1.92, up from $1.83 in the prior quarter.
- Across five years, Times Interest Earned topped out at $4.53 in Q4 2022 and bottomed at $1.68 in Q4 2024.
- The 5-year median for Times Interest Earned is $1.92 (2026), against an average of $2.5.
- The widest annual swing landed in 2023, when Times Interest Earned plunged 55.76%; it then gained 9.54% in 2026.
- A 5-year view of Times Interest Earned shows it stood at $4.53 in 2022, then slumped by 55.76% to $2.0 in 2023, then decreased by 16.06% to $1.68 in 2024, then increased by 9.11% to $1.83 in 2025, then advanced by 4.92% to $1.92 in 2026.
- The last three Times Interest Earned figures came in at $1.92 (Q1 2026), $1.83 (Q4 2025), and $1.82 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -3.29 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 2.53 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 2.21 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 1.32 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -36.40 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 1.88 |
| 10 | Mercantile Bank | 899.78 Mn | 301.62 Mn | - | 1.92 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.92 |
| Dec 31, 2025 | 1.83 |
| Sep 30, 2025 | 1.82 |
| Jun 30, 2025 | 1.80 |
| Mar 31, 2025 | 1.76 |
| Dec 31, 2024 | 1.68 |
| Sep 30, 2024 | 1.70 |
| Jun 30, 2024 | 1.74 |
| Mar 31, 2024 | 1.92 |
| Dec 31, 2023 | 2.00 |
| Sep 30, 2023 | 2.17 |
| Jun 30, 2023 | 2.38 |
| Mar 31, 2023 | 3.16 |
| Dec 31, 2022 | 4.53 |
| Sep 30, 2022 | 4.47 |
| Jun 30, 2022 | 3.80 |
| Mar 31, 2022 | 3.87 |
| Dec 31, 2021 | 4.37 |
| Sep 30, 2021 | 4.90 |
| Jun 30, 2021 | 5.56 |
| Mar 31, 2021 | 4.35 |
| Dec 31, 2020 | 4.07 |
| Sep 30, 2020 | 3.17 |
| Jun 30, 2020 | 2.63 |
| Mar 31, 2020 | 2.73 |
| Dec 31, 2019 | 2.89 |
| Sep 30, 2019 | 2.79 |
| Jun 30, 2019 | 2.66 |
| Mar 31, 2019 | 2.83 |
| Dec 31, 2018 | 3.23 |
| Sep 30, 2018 | 3.21 |
| Jun 30, 2018 | 3.29 |
| Mar 31, 2018 | 3.81 |
| Dec 31, 2017 | 3.77 |
| Sep 30, 2017 | 3.74 |
| Jun 30, 2017 | 3.86 |
| Mar 31, 2017 | 4.44 |
| Dec 31, 2016 | 4.67 |
| Sep 30, 2016 | 4.52 |
| Jun 30, 2016 | 4.57 |
| Mar 31, 2016 | 5.16 |
| Dec 31, 2015 | 4.12 |
| Sep 30, 2015 | 4.72 |
| Jun 30, 2015 | 4.55 |
| Mar 31, 2015 | 4.54 |
| Dec 31, 2014 | 4.00 |
| Sep 30, 2014 | 3.94 |
| Jun 30, 2014 | 1.84 |
| Mar 31, 2014 | 3.09 |
| Dec 31, 2013 | 3.87 |
| Sep 30, 2013 | 3.04 |
| Jun 30, 2013 | 3.15 |
| Mar 31, 2013 | 3.25 |
| Dec 31, 2012 | 2.47 |
| Sep 30, 2012 | 2.21 |
| Jun 30, 2012 | 2.71 |
| Mar 31, 2012 | 2.13 |
| Dec 31, 2011 | 1.73 |
| Sep 30, 2011 | 1.64 |
| Jun 30, 2011 | 1.51 |
| Mar 31, 2011 | 1.25 |
| Dec 31, 2010 | 0.56 |
| Sep 30, 2010 | 0.22 |
| Jun 30, 2010 | 0.85 |