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Mercantile Bank (MBWM) Tax Provisions: 2009-2024

Historic Tax Provisions for Mercantile Bank (MBWM) over the last 16 years, with Dec 2024 value amounting to $19.1 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.
  • Mercantile Bank's Tax Provisions amounted to $19.1 million in FY2024, which was down 15.22% from $22.5 million recorded in FY2023.
  • In the past 5 years, Mercantile Bank's Tax Provisions ranged from a high of $22.5 million in FY2023 and a low of $14.7 million during FY2021.
  • Its 3-year average for Tax Provisions is $19.2 million, with a median of $19.1 million in 2024.
  • As far as peak fluctuations go, Mercantile Bank's Tax Provisions soared by 40.04% in 2023, and later dropped by 15.22% in 2024.
  • Over the past 5 years, Mercantile Bank's Tax Provisions (Yearly) stood at $14.9 million in 2020, then decreased by 1.67% to $14.7 million in 2021, then increased by 9.42% to $16.1 million in 2022, then soared by 40.04% to $22.5 million in 2023, then decreased by 15.22% to $19.1 million in 2024.