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
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