Mercantile Bank (MBWM) Depreciation Expense (2016 - 2025)
Historic Depreciation Expense for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $846000.0.
- Mercantile Bank's Depreciation Expense fell 980.81% to $846000.0 in Q3 2025 from the same period last year, while for Sep 2025 it was $3.4 million, marking a year-over-year decrease of 751.37%. This contributed to the annual value of $3.7 million for FY2024, which is 727.48% up from last year.
- As of Q3 2025, Mercantile Bank's Depreciation Expense stood at $846000.0, which was down 980.81% from $826000.0 recorded in Q2 2025.
- Mercantile Bank's 5-year Depreciation Expense high stood at $953000.0 for Q3 2022, and its period low was $787000.0 during Q1 2025.
- In the last 5 years, Mercantile Bank's Depreciation Expense had a median value of $902000.0 in 2021 and averaged $889894.7.
- Per our database at Business Quant, Mercantile Bank's Depreciation Expense skyrocketed by 1426.74% in 2021 and then plummeted by 1529.41% in 2022.
- Mercantile Bank's Depreciation Expense (Quarter) stood at $935000.0 in 2021, then dropped by 15.29% to $792000.0 in 2022, then rose by 9.85% to $870000.0 in 2023, then increased by 6.44% to $926000.0 in 2024, then dropped by 8.64% to $846000.0 in 2025.
- Its Depreciation Expense was $846000.0 in Q3 2025, compared to $826000.0 in Q2 2025 and $787000.0 in Q1 2025.