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
DateValue
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