What is Mercantile Bank Corporation's taxes paid?

Mercantile Bank Corporation (MBWM) reported taxes paid of -$10.71M in Q1 2026.

What does taxes paid mean?

Actual cash paid to tax authorities for income taxes during the period — may differ from income tax expense due to timing.

Mercantile Bank Corporation MBWM Taxes Paid

Taxes Paid at other companies

Huntington BancsharesHBAN

$30M-11.8%

First Merchants CorporationFRME

$3.26M+352%

Stock Yards BancorpSYBT

$11.2M+84.1%

Bank First CorporationBFC

$56K—

Ameris BancorpABCB

$447K+114%

BankUnitedBKU

$25.34M-12.8%

Other financials

Income statement

See full

Revenue$67.6M+18.1%

Net income$22.7M+16.1%

EPS (diluted)$1.32+9.1%

Cash flow

See full

Operating cash flow$28.3M+1,051%

CapEx$938.0K-39.0%

Free cash flow$27.4M+706%

Valuation

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Market cap$963.74M+35.3%

P/E10.5×+1.3×

P/S3.8×+0.7×

Profitability

See full

Net margin36.3%+2.7pp

FCF margin17%—

Returns & leverage

See full

Return on equity8.6%—

Debt / equity0×—

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxesPaidNet.

The official record: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mercantile Bank Corporation's taxes paid?: Mercantile Bank Corporation (MBWM) reported taxes paid of -$10.71M in Q1 2026.
What does taxes paid mean?: Actual cash paid to tax authorities for income taxes during the period — may differ from income tax expense due to timing.