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Mercantile Bank (MBWM) Change in Accured Expenses: 2011-2024

Historic Change in Accured Expenses for Mercantile Bank (MBWM) over the last 14 years, with Dec 2024 value amounting to $27.9 million.

  • Mercantile Bank's Change in Accured Expenses rose 112.15% to $1.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $5.1 million, marking a year-over-year increase of 704.87%. This contributed to the annual value of $27.9 million for FY2024, which is 95.71% up from last year.
  • Latest data reveals that Mercantile Bank reported Change in Accured Expenses of $27.9 million as of FY2024, which was up 95.71% from $14.3 million recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Change in Accured Expenses registered a high of $32.5 million during FY2022, and its lowest value of -$3.5 million during FY2021.
  • In the last 3 years, Mercantile Bank's Change in Accured Expenses had a median value of $27.9 million in 2024 and averaged $24.9 million.
  • As far as peak fluctuations go, Mercantile Bank's Change in Accured Expenses slumped by 496.50% in 2021, and later spiked by 1,025.82% in 2022.
  • Over the past 5 years, Mercantile Bank's Change in Accured Expenses (Yearly) stood at $886,000 in 2020, then crashed by 496.50% to -$3.5 million in 2021, then soared by 1,025.82% to $32.5 million in 2022, then slumped by 56.18% to $14.3 million in 2023, then skyrocketed by 95.71% to $27.9 million in 2024.