Mercantile Bank (MBWM) Provisions: 2009-2024

Historic Provisions for Mercantile Bank (MBWM) over the last 16 years, with Dec 2024 value amounting to $7.4 million.

  • Mercantile Bank's Provisions fell 81.82% to $200,000 in Q3 2025 from the same period last year, while for Sep 2025 it was $5.4 million, marking a year-over-year decrease of 29.87%. This contributed to the annual value of $7.4 million for FY2024, which is 3.90% down from last year.
  • According to the latest figures from FY2024, Mercantile Bank's Provisions is $7.4 million, which was down 3.90% from $7.7 million recorded in FY2023.
  • Mercantile Bank's Provisions' 5-year high stood at $14.1 million during FY2020, with a 5-year trough of -$4.3 million in FY2021.
  • In the last 3 years, Mercantile Bank's Provisions had a median value of $7.4 million in 2024 and averaged $7.2 million.
  • In the last 5 years, Mercantile Bank's Provisions surged by 702.86% in 2020 and then slumped by 130.60% in 2021.
  • Mercantile Bank's Provisions (Yearly) stood at $14.1 million in 2020, then crashed by 130.60% to -$4.3 million in 2021, then soared by 252.33% to $6.5 million in 2022, then grew by 17.56% to $7.7 million in 2023, then fell by 3.90% to $7.4 million in 2024.