Mercantile Bank (MBWM) Long-Term Deferred Tax (2012 - 2014)
Mercantile Bank (MBWM) posted quarterly Long-Term Deferred Tax of $9.2 million for Q2 2014, down 41.41% on a QoQ basis from $15.8 million in Q1 2014.
Mercantile Bank (MBWM) Long-Term Deferred Tax (2012 - 2014) Analysis & Trends
Mercantile Bank has reported Long-Term Deferred Tax for 3 years, with the latest figure at $9.2 million in Q2 2014.
- Long-Term Deferred Tax for Q2 2014 came in at $9.2 million, changed N/A year-over-year; the trailing twelve-month figure through Jun 2014 was $9.2 million (changed N/A YoY), and the FY2013 annual result was $17.8 million, down 19.35% from the prior year.
- Long-Term Deferred Tax retreated to $9.2 million in Q2 2014, from $15.8 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $22.0 million in Q4 2012 and troughed at $9.2 million in Q2 2014.
- A 3-year average of $16.2 million and a median of $16.8 million in 2013 frame the typical range for Long-Term Deferred Tax.
- The largest YoY upside for Long-Term Deferred Tax was 19.35% in 2013 against a maximum downside of 19.35% in 2013.
- A 3-year view of Long-Term Deferred Tax shows it stood at $22.0 million in 2012, then declined by 19.35% to $17.8 million in 2013, then slumped by 47.97% to $9.2 million in 2014.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $9.2 million in Q2 2014, $15.8 million in Q1 2014, and $17.8 million in Q4 2013.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2014 | 9.24 Mn |
| Mar 31, 2014 | 15.77 Mn |
| Dec 31, 2013 | 17.75 Mn |
| Dec 31, 2012 | 22.02 Mn |