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Mercantile Bank (MBWM) Depreciation and Depletion: 2012-2025

Historic Depreciation and Depletion for Mercantile Bank (MBWM) over the last 13 years, with Sep 2025 value amounting to $1.3 million.

  • Mercantile Bank's Depreciation and Depletion fell 13.33% to $1.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $5.3 million, marking a year-over-year decrease of 14.52%. This contributed to the annual value of $6.0 million for FY2024, which is negligibly% changed negligibly from last year.
  • As of Q3 2025, Mercantile Bank's Depreciation and Depletion stood at $1.3 million, which was down 0.00% from $1.3 million recorded in Q2 2025.
  • Over the past 5 years, Mercantile Bank's Depreciation and Depletion peaked at $1.6 million during Q1 2022, and registered a low of $1.3 million during Q1 2025.
  • Over the past 3 years, Mercantile Bank's median Depreciation and Depletion value was $1.5 million (recorded in 2024), while the average stood at $1.4 million.
  • Its Depreciation and Depletion has fluctuated over the past 5 years, first climbed by 15.38% in 2021, then dropped by 18.75% in 2025.
  • Quarterly analysis of 5 years shows Mercantile Bank's Depreciation and Depletion stood at $1.5 million in 2021, then remained steady at $1.5 million in 2022, then climbed by 6.67% to $1.6 million in 2023, then fell by 12.50% to $1.4 million in 2024, then declined by 13.33% to $1.3 million in 2025.
  • Its Depreciation and Depletion stands at $1.3 million for Q3 2025, versus $1.3 million for Q2 2025 and $1.3 million for Q1 2025.