Mercantile Bank (MBWM) Provisions (2010 - 2026)
Mercantile Bank (MBWM) posted Provisions of -$1.8 million for Q1 2026, down 157.14% on a QoQ basis from -$700000.0 in Q4 2025, and down 185.71% year-over-year from $2.1 million in Q1 2025.
Mercantile Bank (MBWM) Provisions (2010 - 2026) Analysis & Trends
Mercantile Bank's Provisions history runs 17 years deep, the most recent figure standing at -$1.8 million for Q1 2026.
- Quarterly Provisions fell 185.71% year-over-year to -$1.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$700000.0 (down 108.54% YoY) and the FY2025 annual result came in at $3.2 million, down 56.76% from the prior year.
- Provisions was -$1.8 million for Q1 2026 at Mercantile Bank, down from -$700000.0 in the prior quarter.
- Across five years, Provisions topped out at $3.5 million in Q2 2024 and bottomed at -$1.8 million in Q1 2026.
- A 5-year average of $1.4 million and a median of $1.5 million in 2024 frame the typical range for Provisions.
- Annual changes were most pronounced in 2023 — Provisions soared 500.0% — and 2026, when it slumped 185.71%.
- Mercantile Bank's Provisions stood at $3.0 million in 2022, then tumbled by 40.98% to $1.8 million in 2023, then decreased by 16.67% to $1.5 million in 2024, then slumped by 146.67% to -$700000.0 in 2025, then plunged by 157.14% to -$1.8 million in 2026.
- Business Quant data shows MBWM's Provisions at -$1.8 million in Q1 2026, -$700000.0 in Q4 2025, and $200000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (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 | - | 4.02 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 350,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 570,000.00 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 188.00 Mn |
| 10 | Mercantile Bank | 985.63 Mn | 406.32 Mn | - | -1.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.80 Mn |
| Dec 31, 2025 | -700,000.00 |
| Sep 30, 2025 | 200,000.00 |
| Jun 30, 2025 | 1.60 Mn |
| Mar 31, 2025 | 2.10 Mn |
| Dec 31, 2024 | 1.50 Mn |
| Sep 30, 2024 | 1.10 Mn |
| Jun 30, 2024 | 3.50 Mn |
| Mar 31, 2024 | 1.30 Mn |
| Dec 31, 2023 | 1.80 Mn |
| Sep 30, 2023 | 3.30 Mn |
| Jun 30, 2023 | 2.00 Mn |
| Mar 31, 2023 | 600,000.00 |
| Dec 31, 2022 | 3.05 Mn |
| Sep 30, 2022 | 2.90 Mn |
| Jun 30, 2022 | 500,000.00 |
| Mar 31, 2022 | 100,000.00 |
| Dec 31, 2021 | -3.40 Mn |
| Sep 30, 2021 | 1.90 Mn |
| Jun 30, 2021 | -3.10 Mn |