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Mercantile Bank Corporation MBWM Loans held for sale activity

Loans held for sale activity at other companies

Huntington Bancshares logo
Huntington BancsharesHBAN
-$468M-569%
First Merchants Corporation logo
First Merchants CorporationFRME
$153.48M+60.3%
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
$32.09M+7.0%
Amerant Bancorp logo
Amerant BancorpAMTB
-$4.4M+93.8%
Shore Bancshares logo
Shore BancsharesSHBI
$41.38M+40.9%
Bank First Corporation logo
Bank First CorporationBFC
$63.77M+124%

Other financials

Income statement

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Revenue$67.6M+18.1%
Net income$22.7M+16.1%
EPS (diluted)$1.32+9.1%

Cash flow

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Operating cash flow$28.3M+1,051%
CapEx$938.0K-39.0%
Free cash flow$27.4M+706%

Valuation

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Market cap$963.74M+35.3%
P/E10.5×+1.3×
P/S3.8×+0.7×

Profitability

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Net margin36.3%+2.7pp
FCF margin17%

Returns & leverage

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Return on equity8.6%
Debt / equity

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForOriginationOfMortgageLoansHeldForSale.

The official record: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mercantile Bank Corporation's loans held for sale activity?
Mercantile Bank Corporation (MBWM) reported loans held for sale activity of $102.74M in Q1 2026.
How has Mercantile Bank Corporation's loans held for sale activity changed year-over-year?
Mercantile Bank Corporation's loans held for sale activity increased by 26.5% year-over-year, from $81.24M to $102.74M.
What is the long-term trend for Mercantile Bank Corporation's loans held for sale activity?
Over 4 years (2021 to 2025), Mercantile Bank Corporation's loans held for sale activity has grown at a -10.1% compound annual growth rate (CAGR), from $649.25M to $423.87M.
What does loans held for sale activity mean?
Net change in mortgage and other loans originated for sale into the secondary market.