Mercantile Bank (MBWM) Change in Accured Expenses (2010 - 2026)

Mercantile Bank has reported Change in Accured Expenses for 17 years, with the latest figure at -$7.0 million in Q1 2026.

• For the quarter ending Q1 2026, Change in Accured Expenses rose 56.82% year-over-year to -$7.0 million; the trailing twelve-month figure through Mar 2026 stood at -$12.8 million (down 2136.68% YoY), and the FY2025 full-year result was -$22.0 million, down 178.91% from the prior year.
• Change in Accured Expenses for Q1 2026 stood at -$7.0 million, down from -$3.3 million in the prior quarter.
• The five-year high for Change in Accured Expenses was $23.8 million in Q4 2024, with the low at -$16.3 million in Q1 2025.
• Historically, Change in Accured Expenses has averaged $2.7 million across 5 years, with a median of $1.9 million in 2025.
• Annual changes were most pronounced in 2022 — Change in Accured Expenses surged 2122.15% — and 2023, when it sank 1158.41%.
• Mercantile Bank's Change in Accured Expenses stood at $464000.0 in 2022, then slumped by 1158.41% to -$4.9 million in 2023, then surged by 585.12% to $23.8 million in 2024, then slumped by 113.76% to -$3.3 million in 2025, then slumped by 114.15% to -$7.0 million in 2026.
• The last three Change in Accured Expenses figures came in at -$7.0 million (Q1 2026), -$3.3 million (Q4 2025), and $1.9 million (Q3 2025), per Business Quant data.