MERCANTILE BANK CORPORATION Current Income Tax Expense (Benefit)
MERCANTILE BANK CORPORATION (MBWM) reported Current Income Tax Expense (Benefit) of $12.65 million for the 12-month period ending 2025-12-31, per its 10-K filed 2026-02-27.
Financial Statements › Expense Statement › Income Tax
us-gaap:CurrentIncomeTaxExpenseBenefit · last filed 2026-02-27
- MERCANTILE BANK CORPORATION current income tax expense (benefit) for fiscal 2025 was $12.65M, a 33.71% decline from fiscal 2024.
- MERCANTILE BANK CORPORATION current income tax expense (benefit) for fiscal 2024 was $19.09M, a 15.22% decline from fiscal 2023.
- MERCANTILE BANK CORPORATION current income tax expense (benefit) for fiscal 2023 was $22.52M, a 40.04% increase from fiscal 2022.
- MERCANTILE BANK CORPORATION current income tax expense (benefit) for fiscal 2022 was $16.08M, a 26.86% increase from fiscal 2021.
| Period end | Current Income Tax Expense (Benefit) 12 month |
|---|---|
| 2025-12-31 | $12.65M 10-K · filed 2026-02-27 |
| 2024-12-31 | $19.09M 10-K · filed 2026-02-27 |
| 2023-12-31 | $22.52M 10-K · filed 2026-02-27 |
| 2022-12-31 | $16.08M 10-K · filed 2025-03-03 |
| 2021-12-31 | $12.68M 10-K · filed 2024-03-01 |
| 2020-12-31 | $14.95M 10-K · filed 2023-03-03 |
| 2019-12-31 | $10.98M 10-K · filed 2022-03-04 |
| 2018-12-31 | $10.17M 10-K · filed 2021-03-05 |
| 2017-12-31 | $13.98M 10-K · filed 2020-03-02 |
| 2016-12-31 | $15.79M 10-K · filed 2019-03-04 |
| 2015-12-31 | $7.40M 10-K · filed 2018-03-05 |
| 2014-12-31 | $3.36M 10-K · filed 2017-03-06 |
| 2013-12-31 | $0.00 10-K · filed 2016-03-07 |
| 2012-12-31 | $0.00 10-K · filed 2015-03-10 |
| 2011-12-31 | $0.00 10-K · filed 2014-02-28 |
| 2010-12-31 | $0.00 10-K · filed 2013-03-14 |
Similar stocks
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| CNB FINANCIAL CORP/PA (CCNE) | United States | $1.005B | 10.40 |
| MetroCity Bankshares, Inc. (MCBS) | United States | $1.001B | 12.95 |
| Business First Bancshares, Inc. (BFST) | United States | $0.998B | 9.75 |
| FIVE STAR BANCORP (FSBC) | United States | $1.066B | 14.45 |
| EQUITY BANCSHARES INC (EQBK) | United States | $0.992B | 28.29 |
| HORIZON BANCORP INC /IN/ (HBNC) | United States | $0.987B | -7.13 |
| Metropolitan Bank Holding Corp. (MCB) | United States | $1.101B | 14.13 |
| TRUSTCO BANK CORP N Y (TRST) | United States | $0.957B | 14.36 |
| CENTRAL PACIFIC FINANCIAL CORP (CPF) | United States | $0.949B | 11.87 |
| SOUTHSIDE BANCSHARES INC (SBSI) | United States | $0.921B |