Mercantile Bank (MBWM) Provisions (2010 - 2026)

Mercantile Bank has reported Provisions for 17 years, with the latest figure at -$1.8 million in Q1 2026.

• For the quarter ending Q1 2026, Provisions fell 185.71% year-over-year to -$1.8 million; the trailing twelve-month figure through Mar 2026 stood at -$700000.0 (down 108.54% YoY), and the FY2025 full-year result was $3.2 million, down 56.76% from the prior year.
• Provisions for Q1 2026 stood at -$1.8 million, down from -$700000.0 in the prior quarter.
• The five-year high for Provisions was $3.5 million in Q2 2024, with the low at -$1.8 million in Q1 2026.
• Historically, Provisions has averaged $1.4 million across 5 years, with a median of $1.5 million in 2024.
• Annual changes were most pronounced in 2023 — Provisions soared 500.0% — and 2026, when it tumbled 185.71%.
• Mercantile Bank's Provisions stood at $3.0 million in 2022, then sank by 40.98% to $1.8 million in 2023, then fell by 16.67% to $1.5 million in 2024, then plunged by 146.67% to -$700000.0 in 2025, then slumped by 157.14% to -$1.8 million in 2026.
• The last three Provisions figures came in at -$1.8 million (Q1 2026), -$700000.0 (Q4 2025), and $200000.0 (Q3 2025), per Business Quant data.