Mercantile Bank (MBWM) Tax Provisions (2010 - 2026)
Mercantile Bank posted quarterly Tax Provisions of $4.6 million for Q1 2026, up 1.95% year-on-year from $4.5 million in Q1 2025, and up 43.43% on a QoQ basis from $3.2 million in Q4 2025.
Mercantile Bank (MBWM) has 17 years of Tax Provisions data on file, last reported 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.
- Across five years, Tax Provisions topped out at $6.4 million in Q4 2022 and bottomed at $2.8 million in Q1 2022.
- The 5-year median for Tax Provisions is $4.6 million (2026), against an average of $4.4 million.
- Peak annual rise in Tax Provisions reached 311.34% in 2022, while the deepest fall reached 31.95% in 2022.
- A 5-year view of Tax Provisions shows it stood at $6.4 million in 2022, then retreated by 19.34% to $5.2 million in 2023, then sank by 30.47% to $3.6 million in 2024, then decreased by 11.0% to $3.2 million in 2025, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (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 | - | 1.03 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 1.25 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 736.40 Mn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 428,992.73 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 415.00 Mn |
| 10 | Mercantile Bank | 899.78 Mn | 301.62 Mn | - | 4.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.60 Mn |
| Dec 31, 2025 | 3.21 Mn |
| Sep 30, 2025 | 3.68 Mn |
| Jun 30, 2025 | 3.34 Mn |
| Mar 31, 2025 | 4.51 Mn |
| Dec 31, 2024 | 3.60 Mn |
| Sep 30, 2024 | 4.94 Mn |
| Jun 30, 2024 | 4.73 Mn |
| Mar 31, 2024 | 5.42 Mn |
| Dec 31, 2023 | 5.18 Mn |
| Sep 30, 2023 | 5.13 Mn |
| Jun 30, 2023 | 5.01 Mn |
| Mar 31, 2023 | 5.16 Mn |
| Dec 31, 2022 | 6.42 Mn |
| Sep 30, 2022 | 3.94 Mn |
| Jun 30, 2022 | 2.89 Mn |
| Mar 31, 2022 | 2.83 Mn |
| Dec 31, 2021 | 1.56 Mn |
| Sep 30, 2021 | 3.53 Mn |
| Jun 30, 2021 | 4.24 Mn |
| Mar 31, 2021 | 3.34 Mn |
| Dec 31, 2020 | 3.66 Mn |
| Sep 30, 2020 | 2.51 Mn |
| Jun 30, 2020 | 2.04 Mn |
| Mar 31, 2020 | 2.50 Mn |
| Dec 31, 2019 | 2.50 Mn |
| Sep 30, 2019 | 2.95 Mn |
| Jun 30, 2019 | 2.75 Mn |
| Mar 31, 2019 | 2.77 Mn |
| Dec 31, 2018 | 3.03 Mn |
| Sep 30, 2018 | 2.38 Mn |
| Jun 30, 2018 | 2.22 Mn |
| Mar 31, 2018 | 2.55 Mn |
| Dec 31, 2017 | 3.65 Mn |
| Sep 30, 2017 | 3.70 Mn |
| Jun 30, 2017 | 3.26 Mn |
| Mar 31, 2017 | 3.37 Mn |
| Dec 31, 2016 | 3.96 Mn |
| Sep 30, 2016 | 3.63 Mn |
| Jun 30, 2016 | 3.44 Mn |
| Mar 31, 2016 | 3.95 Mn |
| Dec 31, 2015 | 2.63 Mn |
| Sep 30, 2015 | 3.37 Mn |
| Jun 30, 2015 | 2.75 Mn |
| Mar 31, 2015 | 3.06 Mn |
| Dec 31, 2014 | 2.62 Mn |
| Sep 30, 2014 | 2.60 Mn |
| Jun 30, 2014 | 966,000.00 |
| Mar 31, 2014 | 1.68 Mn |
| Dec 31, 2013 | 2.54 Mn |
| Sep 30, 2013 | 2.00 Mn |
| Jun 30, 2013 | 1.76 Mn |
| Mar 31, 2013 | 1.80 Mn |
| Dec 31, 2012 | 1.27 Mn |
| Sep 30, 2012 | 1.24 Mn |
| Jun 30, 2012 | 1.86 Mn |
| Mar 31, 2012 | 1.27 Mn |
| Dec 31, 2011 | 27.40 Mn |
| Dec 31, 2010 | 1.96 Mn |
| Sep 30, 2010 | -718,000.00 |
| Jun 30, 2010 | -862,000.00 |