Mercantile Bank (MBWM) Depreciation and Depletion (2011 - 2026)

Mercantile Bank has reported Depreciation and Depletion for 16 years, with the latest figure at $1.5 million in Q1 2026.

• For the quarter ending Q1 2026, Depreciation and Depletion rose 15.38% year-over-year to $1.5 million; the trailing twelve-month figure through Mar 2026 stood at $5.5 million (down 3.51% YoY), and the FY2025 full-year result was $5.2 million, down 13.33% from the prior year.
• Depreciation and Depletion for Q1 2026 stood at $1.5 million, up from $1.4 million in the prior quarter.
• The five-year high for Depreciation and Depletion was $1.6 million in Q1 2022, with the low at $1.3 million in Q1 2025.
• Historically, Depreciation and Depletion has averaged $1.5 million across 5 years, with a median of $1.5 million in 2022.
• Annual changes were most pronounced in 2025 — Depreciation and Depletion slipped 18.75% — and 2026, when it advanced 15.38%.
• Mercantile Bank's Depreciation and Depletion stood at $1.5 million in 2022, then advanced by 6.67% to $1.6 million in 2023, then retreated by 12.5% to $1.4 million in 2024, then changed by 0.0% to $1.4 million in 2025, then increased by 7.14% to $1.5 million in 2026.
• The last three Depreciation and Depletion figures came in at $1.5 million (Q1 2026), $1.4 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.