Mercantile Bank (MBWM) Provisions (2010 - 2026)
Mercantile Bank (MBWM) reported Provisions of -$1.8 million for Q2 2026, compared with $3.7 million a year earlier.
Mercantile Bank (MBWM) Provisions (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mercantile Bank's Provisions came in at -$4.1 million; for FY2025, it was $3.2 million, down 56.8% from FY2024.
- Provisions has a five-year compound annual growth rate of -25.6% (FY2020 to FY2025).
- By year, Provisions came in at $7.4 million in FY2024 (-3.9%), $7.7 million in FY2023 (+17.6%), $6.55 million in FY2022 and -$4.3 million in FY2021.
- Five-year quarterly Provisions spans a low of -$3.4 million in Q4 2021 and a high of $3.7 million in Q2 2025.
- Year over year, Provisions gained in two of the last five quarters, with an average decline of 19.6%.
- The high point for year-over-year Provisions in five years was Q1 2023 (growth of 500.0%); the low point was Q3 2025 (a decline of 81.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$1.8 million (Q1 2026), -$700,000 (Q4 2025) and $200,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 2.52 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 1.38 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 110.00 Mn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 717.20 Mn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | -647.66 Mn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 124.00 Mn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 914.00 Mn |
| 10 | Mercantile Bank | 1.02 Bn | 1.02 Bn | - | -1.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.80 Mn |
| Mar 31, 2026 | -1.80 Mn |
| Dec 31, 2025 | -700,000.00 |
| Sep 30, 2025 | 200,000.00 |
| Jun 30, 2025 | 3.70 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 |
Mercantile Bank Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=provisions&ticker=MBWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provisions", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=provisions&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();