Mercantile Bank (MBWM) Long-Term Deferred Tax (2012 - 2014)
Mercantile Bank (MBWM) reported Long-Term Deferred Tax of $9.2 million for Q2 2014, down 41.41% quarter-over-quarter 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.
- For the quarter ending Q2 2014, Long-Term Deferred Tax changed N/A year-over-year to $9.2 million; the trailing twelve-month figure through Jun 2014 stood at $9.2 million (changed N/A YoY), and the FY2013 full-year result was $17.8 million, down 19.35% from the prior year.
- Long-Term Deferred Tax for Q2 2014 stood at $9.2 million, down from $15.8 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $22.0 million in Q4 2012, with the low at $9.2 million in Q2 2014.
- Historically, Long-Term Deferred Tax has averaged $16.2 million across 3 years, with a median of $16.8 million in 2013.
- The largest YoY upside for Long-Term Deferred Tax was 19.35% in 2013 against a maximum downside of 19.35% in 2013.
- Mercantile Bank's Long-Term Deferred Tax stood at $22.0 million in 2012, then declined by 19.35% to $17.8 million in 2013, then plunged by 47.97% to $9.2 million in 2014.
- The last three Long-Term Deferred Tax figures came in at $9.2 million (Q2 2014), $15.8 million (Q1 2014), and $17.8 million (Q4 2013), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - |
| 10 | Mercantile Bank | 955.46 Mn | 357.30 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 |