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Mercantile Bank (MBWM) Depreciation and Depletion: 2011-2024

Historic Depreciation and Depletion for Mercantile Bank (MBWM) over the last 14 years, with Dec 2024 value amounting to $6.0 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.
  • According to the latest figures from FY2024, Mercantile Bank's Depreciation and Depletion is $6.0 million, which was down 0.00% from $6.0 million recorded in FY2023.
  • Over the past 5 years, Mercantile Bank's Depreciation and Depletion peaked at $6.0 million during FY2022, and registered a low of $5.2 million during FY2020.
  • Moreover, its 3-year median value for Depreciation and Depletion was $6.0 million (2024), whereas its average is $6.0 million.
  • Data for Mercantile Bank's Depreciation and Depletion shows a peak YoY spiked of 33.33% (in 2020) over the last 5 years.
  • Yearly analysis of 5 years shows Mercantile Bank's Depreciation and Depletion stood at $5.2 million in 2020, then increased by 11.54% to $5.8 million in 2021, then grew by 3.45% to $6.0 million in 2022, then remained steady at $6.0 million in 2023, then remained steady at $6.0 million in 2024.