Mercantile Bank (MBWM) Tax Provisions (2010 - 2026)

Mercantile Bank has reported Tax Provisions for 17 years, with the latest figure at $4.6 million in Q1 2026.

• For the quarter ending Q1 2026, Tax Provisions rose 1.95% year-over-year to $4.6 million; the trailing twelve-month figure through Mar 2026 stood at $14.8 million (down 16.59% YoY), and the FY2025 full-year result was $14.7 million, down 21.15% from the prior year.
• Tax Provisions for Q1 2026 stood at $4.6 million, up from $3.2 million in the prior quarter.
• The five-year high for Tax Provisions was $6.4 million in Q4 2022, with the low at $2.8 million in Q1 2022.
• Historically, Tax Provisions has averaged $4.4 million across 5 years, with a median of $4.6 million in 2026.
• The largest YoY upside for Tax Provisions was 311.34% in 2022 against a maximum downside of 31.95% in 2022.
• Mercantile Bank's Tax Provisions stood at $6.4 million in 2022, then fell by 19.34% to $5.2 million in 2023, then slumped by 30.47% to $3.6 million in 2024, then retreated by 11.0% to $3.2 million in 2025, then soared by 43.43% to $4.6 million in 2026.
• The last three Tax Provisions figures came in at $4.6 million (Q1 2026), $3.2 million (Q4 2025), and $3.7 million (Q3 2025), per Business Quant data.