Mercantile Bank (MBWM) Times Interest Earned (2010 - 2026)
Mercantile Bank (MBWM) posted quarterly Times Interest Earned of $1.72 for Q2 2026, down 4.6% year-over-year from $1.8 in Q2 2025, and up 2.73% on a QoQ basis from $1.67 in Q1 2026.
Mercantile Bank (MBWM) Times Interest Earned (2010 - 2026) Analysis & Trends
Mercantile Bank has reported Times Interest Earned for 17 years, with the latest figure at $1.72 in Q2 2026.
- Times Interest Earned for Q2 2026 came in at $1.72, down 4.6% year-over-year; the trailing twelve-month figure through Jun 2026 was $6.17 (up 88.77% YoY), and the FY2025 annual result was $1.8, up 2.62% from the prior year.
- Times Interest Earned advanced to $1.72 in Q2 2026, from $1.67 in the prior quarter.
- Over five years, Times Interest Earned peaked at $1.86 in Q4 2023 and troughed at -$1.04 in Q4 2022.
- A 5-year average of $1.37 and a median of $1.42 in 2024 frame the typical range for Times Interest Earned.
- The widest annual swing landed in 2022, when Times Interest Earned plunged 455.26%; it then jumped 279.31% in 2023.
- A 5-year view of Times Interest Earned shows it stood at -$1.04 in 2022, then jumped by 279.31% to $1.86 in 2023, then retreated by 8.56% to $1.71 in 2024, then rose by 7.1% to $1.83 in 2025, then slipped by 6.0% to $1.72 in 2026.
- Per Business Quant data, the three most recent Times Interest Earned figures were $1.72 in Q2 2026, $1.67 in Q1 2026, and $1.83 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.00 |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 1.84 |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | 0.27 |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.49 |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 1.77 |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 1.90 |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - | 1.53 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.72 |
| Mar 31, 2026 | 1.67 |
| Dec 31, 2025 | 0.73 |
| Sep 30, 2025 | 1.67 |
| Jun 30, 2025 | 1.54 |
| Mar 31, 2025 | 1.45 |
| Dec 31, 2024 | 1.68 |
| Sep 30, 2024 | 1.50 |
| Jun 30, 2024 | 1.34 |
| Mar 31, 2024 | 1.39 |
| Dec 31, 2023 | 1.86 |
| Sep 30, 2023 | 1.28 |
| Jun 30, 2023 | 1.32 |
| Mar 31, 2023 | 1.36 |
| Dec 31, 2022 | 5.20 |
| Sep 30, 2022 | 1.22 |
| Jun 30, 2022 | 1.24 |
| Mar 31, 2022 | 1.35 |
| Dec 31, 2021 | 3.80 |
| Sep 30, 2021 | 4.12 |