Mercantile Bank (MBWM) Provisions (2010 - 2026)

Mercantile Bank posted quarterly Provisions of -$1.8 million for Q1 2026, down 185.71% year-on-year from $2.1 million in Q1 2025, and down 157.14% on a QoQ basis from -$700000.0 in Q4 2025.

Mercantile Bank (MBWM) has 17 years of Provisions data on file, last reported 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 -$1.8 million (down 185.71% 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.
  • Across five years, Provisions topped out at $3.5 million in Q2 2024 and bottomed at -$1.8 million in Q1 2026.
  • The 5-year median for Provisions is $1.5 million (2024), against an average of $1.4 million.
  • The widest annual swing landed in 2023, when Provisions soared 500.0%; it then sank 185.71% in 2026.
  • A 5-year view of Provisions shows it stood at $3.0 million in 2022, then plunged by 40.98% to $1.8 million in 2023, then retreated by 16.67% to $1.5 million in 2024, then tumbled by 146.67% to -$700000.0 in 2025, then sank 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Provisions (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 350,000.00
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 570,000.00
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
8 KB Financial 150.02 Bn 142.15 Bn - -
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 210.00 Mn
10 Mercantile Bank 899.78 Mn 301.62 Mn - -1.80 Mn

Historic Data

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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
Mar 31, 2021 300,000.00
Dec 31, 2020 2.50 Mn
Sep 30, 2020 3.20 Mn
Jun 30, 2020 7.60 Mn
Mar 31, 2020 750,000.00
Dec 31, 2019 -700,000.00
Sep 30, 2019 700,000.00
Jun 30, 2019 900,000.00
Mar 31, 2019 850,000.00
Sep 30, 2018 400,000.00
Jun 30, 2018 700,000.00
Dec 31, 2017 600,000.00
Sep 30, 2017 1.00 Mn
Jun 30, 2017 750,000.00
Mar 31, 2017 600,000.00
Dec 31, 2016 600,000.00
Sep 30, 2016 600,000.00
Jun 30, 2016 1.10 Mn
Mar 31, 2016 600,000.00
Dec 31, 2015 500,000.00
Sep 30, 2015 -500,000.00
Jun 30, 2015 -600,000.00
Mar 31, 2015 -400,000.00
Sep 30, 2014 -400,000.00
Jun 30, 2014 -700,000.00
Mar 31, 2014 -1.90 Mn
Dec 31, 2013 -2.50 Mn
Sep 30, 2013 -1.70 Mn
Jun 30, 2013 -1.50 Mn
Mar 31, 2013 -1.50 Mn
Dec 31, 2012 300,000.00
Sep 30, 2012 -400,000.00
Jun 30, 2012 -3.00 Mn
Dec 31, 2011 1.90 Mn
Sep 30, 2011 1.10 Mn
Jun 30, 2011 1.70 Mn
Mar 31, 2011 2.20 Mn
Dec 31, 2010 6.80 Mn
Sep 30, 2010 10.40 Mn
Jun 30, 2010 6.20 Mn