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Mercantile Bank (MBWM) Depreciation Expense (2016 - 2025)

Mercantile Bank's Depreciation Expense history spans 10 years, with the latest figure at $899000.0 for Q4 2025.

  • For Q4 2025, Depreciation Expense fell 2.92% year-over-year to $899000.0; the TTM value through Dec 2025 reached $3.4 million, down 9.63%, while the annual FY2025 figure was $3.4 million, 9.66% down from the prior year.
  • Depreciation Expense reached $899000.0 in Q4 2025 per MBWM's latest filing, up from $846000.0 in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $953000.0 in Q3 2022 to a low of $787000.0 in Q1 2025.
  • Average Depreciation Expense over 5 years is $890350.0, with a median of $900500.0 recorded in 2021.
  • Peak YoY movement for Depreciation Expense: grew 14.27% in 2021, then decreased 15.29% in 2022.
  • A 5-year view of Depreciation Expense shows it stood at $935000.0 in 2021, then fell by 15.29% to $792000.0 in 2022, then grew by 9.85% to $870000.0 in 2023, then rose by 6.44% to $926000.0 in 2024, then fell by 2.92% to $899000.0 in 2025.
  • Per Business Quant, the three most recent readings for MBWM's Depreciation Expense are $899000.0 (Q4 2025), $846000.0 (Q3 2025), and $826000.0 (Q2 2025).