Mercantile Bank (MBWM) Long-Term Deferred Tax (2012 - 2014)

Mercantile Bank (MBWM) posted 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's Long-Term Deferred Tax history runs 3 years deep, the most recent figure standing at $9.2 million for Q2 2014.

  • Quarterly Long-Term Deferred Tax changed N/A year-over-year to $9.2 million in Q2 2014, while the trailing twelve-month figure through Jun 2014 was $9.2 million (changed N/A YoY) and the FY2013 annual result came in at $17.8 million, down 19.35% from the prior year.
  • Long-Term Deferred Tax was $9.2 million for Q2 2014 at Mercantile Bank, down from $15.8 million in the prior quarter.
  • Across five years, Long-Term Deferred Tax topped out at $22.0 million in Q4 2012 and bottomed 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.
  • Peak annual rise in Long-Term Deferred Tax reached 19.35% in 2013, while the deepest fall reached 19.35% in 2013.
  • Mercantile Bank's Long-Term Deferred Tax stood at $22.0 million in 2012, then retreated by 19.35% to $17.8 million in 2013, then slumped by 47.97% to $9.2 million in 2014.
  • Business Quant data shows MBWM's Long-Term Deferred Tax at $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 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn -
6 Lloyds Banking 358.14 Bn 358.14 Bn -
7 First Capital 200.03 Bn 199.69 Bn -
8 Landmark Bancorp 187.97 Bn 187.94 Bn -
9 Pnc Financial Services 100.96 Bn 101.01 Bn -
10 Mercantile Bank 985.63 Mn 406.32 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2014 9.24 Mn
Mar 31, 2014 15.77 Mn
Dec 31, 2013 17.75 Mn
Dec 31, 2012 22.02 Mn