Mercantile Bank (MBWM) Tax Provisions (2016 - 2025)
Historic Tax Provisions for Mercantile Bank (MBWM) over the last 14 years, with Q3 2025 value amounting to $3.7 million.
- Mercantile Bank's Tax Provisions fell 2543.54% to $3.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $14.9 million, marking a year-over-year decrease of 2493.32%. This contributed to the annual value of $19.1 million for FY2024, which is 1522.34% down from last year.
- Mercantile Bank's Tax Provisions amounted to $3.7 million in Q3 2025, which was down 2543.54% from $3.3 million recorded in Q2 2025.
- Over the past 5 years, Mercantile Bank's Tax Provisions peaked at $7.2 million during Q4 2023, and registered a low of $2.8 million during Q1 2022.
- For the 5-year period, Mercantile Bank's Tax Provisions averaged around $4.4 million, with its median value being $4.2 million (2021).
- Examining YoY changes over the last 5 years, Mercantile Bank's Tax Provisions showed a top increase of 10793.73% in 2021 and a maximum decrease of 5463.64% in 2021.
- Over the past 5 years, Mercantile Bank's Tax Provisions (Quarter) stood at $3.6 million in 2021, then skyrocketed by 79.31% to $6.4 million in 2022, then increased by 12.37% to $7.2 million in 2023, then plummeted by 44.59% to $4.0 million in 2024, then dropped by 7.9% to $3.7 million in 2025.
- Its Tax Provisions stands at $3.7 million for Q3 2025, versus $3.3 million for Q2 2025 and $4.5 million for Q1 2025.