Mercantile Bank (MBWM) Depreciation and Depletion (2011 - 2026)
Mercantile Bank (MBWM) posted Depreciation and Depletion of $1.5 million for Q2 2026, up 15.4% from $1.3 million a year earlier and unchanged from the prior quarter.
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Analysis
Mercantile Bank (MBWM) Depreciation and Depletion (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Depreciation and Depletion at Mercantile Bank was $5.7 million, up 3.6% year-over-year; for FY2025, it was $5.2 million, down 13.3% from FY2024.
- Annual Depreciation and Depletion shows a five-year compound annual growth rate of 0.0% (FY2020 to FY2025).
- In prior years, Mercantile Bank's Depreciation and Depletion was $6 million in FY2024 (unchanged), $6 million in FY2023 (unchanged), $6 million in FY2022 (+3.4%) and $5.8 million in FY2021 (+11.5%).
- Quarterly Depreciation and Depletion has run from a low of $1.3 million in Q1 2025 to a high of $1.6 million in Q1 2024 over five years.
- On a year-over-year basis, Depreciation and Depletion increased in two of the last eight quarters, with an average decline of 3.4%.
- The strongest year-over-year quarter for Depreciation and Depletion in the past five years was Q2 2026, with growth of 15.4%; the weakest was Q1 2025, with a decline of 18.8%.
- According to Business Quant data, Depreciation and Depletion for the three prior quarters was $1.5 million (Q1 2026), $1.4 million (Q4 2025) and $1.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 243.13 Mn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | - |
| 10 | Mercantile Bank | 1.03 Bn | 1.03 Bn | - | 1.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.50 Mn |
| Mar 31, 2026 | 1.50 Mn |
| Dec 31, 2025 | 1.40 Mn |
| Sep 30, 2025 | 1.30 Mn |
| Jun 30, 2025 | 1.30 Mn |
| Mar 31, 2025 | 1.30 Mn |
| Dec 31, 2024 | 1.40 Mn |
| Sep 30, 2024 | 1.50 Mn |
| Jun 30, 2024 | 1.50 Mn |
| Mar 31, 2024 | 1.60 Mn |
| Dec 31, 2023 | 1.60 Mn |
| Sep 30, 2023 | 1.50 Mn |
| Jun 30, 2023 | 1.40 Mn |
| Mar 31, 2023 | 1.50 Mn |
| Dec 31, 2022 | 1.50 Mn |
| Sep 30, 2022 | 1.50 Mn |
| Jun 30, 2022 | 1.50 Mn |
| Mar 31, 2022 | 1.60 Mn |
| Dec 31, 2021 | 1.50 Mn |
| Sep 30, 2021 | 1.50 Mn |
API Access
Mercantile Bank Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();