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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 $3.3 million, marking a year-over-year decrease of 1152.71%. This contributed to the annual value of $3.7 million for FY2024, which is 727.48% up from last year.
  • Latest data reveals that Mercantile Bank reported Depreciation Expense of $846000.0 as of Q3 2025, which was down 980.81% from $826000.0 recorded in Q2 2025.
  • Over the past 5 years, Mercantile Bank's Depreciation Expense peaked at $953000.0 during Q3 2022, and registered a low of $787000.0 during Q1 2025.
  • Its 5-year average for Depreciation Expense is $889894.7, with a median of $902000.0 in 2021.
  • As far as peak fluctuations go, Mercantile Bank's Depreciation Expense soared by 1426.74% in 2021, and later crashed by 1529.41% in 2022.
  • Quarter analysis of 5 years shows Mercantile Bank's Depreciation Expense stood at $935000.0 in 2021, then fell by 15.29% to $792000.0 in 2022, then increased by 9.85% to $870000.0 in 2023, then grew by 6.44% to $926000.0 in 2024, then fell by 8.64% to $846000.0 in 2025.
  • Its Depreciation Expense stands at $846000.0 for Q3 2025, versus $826000.0 for Q2 2025 and $787000.0 for Q1 2025.