Screener
Mercantile Bank Corporation MBWM Effective tax rates
Effective tax rates at other companies
Other financials
Where this comes from
Reported directly by Mercantile Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateContinuingOperations.
The source filing: Mercantile Bank Corporation’s 10-K, filed February 27, 2026.
- Filed
- Feb 27, 2026, 9:29 AM EST
- Fiscal year
- FY2025
- Accession
- 0001437749-26-005997
| (Dollars in thousands) | 2025 / Amount | 2025 / Percent | 2024 / Amount | 2024 / Percent | 2023 / Amount | 2023 / Percent |
|---|---|---|---|---|---|---|
| Tax credits net of proportional amortization and tax losses | (1,929) | (1.9) | (266) | (0.3) | 24 | 0.0 |
| Discount of purchased tax credits | (3,525) | (3.4) | 0 | NA | 0 | NA |
| Non-taxable or non-deductible items | ||||||
| Tax-exempt interest, net of interest expense disallowance | (1,265) | (1.2) | (1,027) | (1.0) | (862) | (0.8) |
| Bank owned life insurance | (683) | (0.7) | (529) | (0.5) | (303) | (0.3) |
| Non-deductible expenses | 538 | 0.5 | 241 | 0.2 | 213 | 0.2 |
| Other | (130) | (0.1) | (366) | (0.4) | (157) | (0.2) |
| Tax expense | $14,740 | 14.2% | $18,693 | 19.0% | $20,482 | 19.9% |
Document
FAQ
- What is Mercantile Bank Corporation's effective tax rates?
- Mercantile Bank Corporation (MBWM) reported effective tax rates of $0.04 in Q4 2025.
- How has Mercantile Bank Corporation's effective tax rates changed year-over-year?
- Mercantile Bank Corporation's effective tax rates decreased by 25.3% year-over-year, from $0.05 to $0.04.
- What is the long-term trend for Mercantile Bank Corporation's effective tax rates?
- Over 2 years (2023 to 2025), Mercantile Bank Corporation's effective tax rates has grown at a -15.5% compound annual growth rate (CAGR), from $0.2 to $0.14.
Ask your AI about Mercantile Bank Corporation's effective tax rates.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude