Mercantile Bank (MBWM) Tax Provisions: 2011-2025

Historic Tax Provisions for Mercantile Bank (MBWM) over the last 13 years, with Sep 2025 value amounting to $3.7 million.

  • Mercantile Bank's Tax Provisions fell 25.44% to $3.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $15.5 million, marking a year-over-year decrease of 30.36%. This contributed to the annual value of $19.1 million for FY2024, which is 15.22% down from last year.
  • Per Mercantile Bank's latest filing, its Tax Provisions stood at $3.7 million for Q3 2025, which was up 10.11% from $3.3 million recorded in Q2 2025.
  • In the past 5 years, Mercantile Bank's Tax Provisions registered a high of $7.2 million during Q4 2023, and its lowest value of $2.8 million during Q1 2022.
  • Over the past 3 years, Mercantile Bank's median Tax Provisions value was $4.9 million (recorded in 2024), while the average stood at $4.8 million.
  • The largest annual percentage gain for Mercantile Bank's Tax Provisions in the last 5 years was 107.94% (2021), contrasted with its biggest fall of 54.64% (2021).
  • Quarterly analysis of 5 years shows Mercantile Bank's Tax Provisions stood at $3.6 million in 2021, then soared by 79.31% to $6.4 million in 2022, then rose by 12.37% to $7.2 million in 2023, then tumbled by 44.59% to $4.0 million in 2024, then decreased by 25.44% to $3.7 million in 2025.
  • Its last three reported values are $3.7 million in Q3 2025, $3.3 million for Q2 2025, and $4.5 million during Q1 2025.