Mercantile Bank (MBWM) Tax Provisions (2016 - 2026)
Mercantile Bank (MBWM) has disclosed Tax Provisions for 11 consecutive years, with $4.6 million as the latest value for Q1 2026.
- For Q1 2026, Tax Provisions rose 1.95% year-over-year to $4.6 million; the TTM value through Mar 2026 reached $14.8 million, down 16.59%, while the annual FY2025 figure was $14.7 million, 21.15% down from the prior year.
- Tax Provisions hit $4.6 million in Q1 2026 for Mercantile Bank, 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.
- Average Tax Provisions over 5 years is $4.4 million, with a median of $4.6 million recorded in 2026.
- On a YoY basis, Tax Provisions climbed as much as 311.34% in 2022 and fell as far as 31.95% in 2022.
- Mercantile Bank's Tax Provisions stood at $6.4 million in 2022, then decreased by 19.34% to $5.2 million in 2023, then crashed by 30.47% to $3.6 million in 2024, then fell by 11.0% to $3.2 million in 2025, then surged by 43.43% to $4.6 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods came in at $4.6 million, $3.2 million, and $3.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.