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Mercantile Bank Corporation MBWM Gain Loss On Sale Of Mortgage Loans

Gain Loss On Sale Of Mortgage Loans at other companies

Bank First Corporation logo
Bank First CorporationBFC
$1.08M+222%
National Bank Holdings logo
National Bank HoldingsNBHC
$2.74M-17.3%
First Merchants Corporation logo
First Merchants CorporationFRME
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
Shore Bancshares logo
Shore BancsharesSHBI
Customers Bancorp logo
Customers BancorpCUBI

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:GainLossOnSaleOfMortgageLoans.

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 gain loss on sale of mortgage loans?
Mercantile Bank Corporation (MBWM) reported gain loss on sale of mortgage loans of $3.06M in Q1 2026.
How has Mercantile Bank Corporation's gain loss on sale of mortgage loans changed year-over-year?
Mercantile Bank Corporation's gain loss on sale of mortgage loans increased by 24.0% year-over-year, from $2.46M to $3.06M.
What is the long-term trend for Mercantile Bank Corporation's gain loss on sale of mortgage loans?
Over 2 years (2023 to 2025), Mercantile Bank Corporation's gain loss on sale of mortgage loans has grown at a 38.8% compound annual growth rate (CAGR), from $6.53M to $12.59M.
What does gain loss on sale of mortgage loans mean?
Represents the net realized gain or loss recognized from the sale of mortgage loans held for sale to secondary market investors. This metric reflects the bank's ability to generate non-interest income through mortgage banking activities and market pricing fluctuations.