Mercantile Bank Corporation MBWM Effective Income Tax Rate Reconciliation Tax Credits Percent

Effective Income Tax Rate Reconciliation Tax Credits Percent at other companies

Ollie's Bargain Outlet Holdings, Inc.OLLI

0.7%—

PopularBPOP

0.8%—

ARD

Ardent Health PartnersARDT

0.1%0.0pp

BancFirst CorporationBANF

1%—

Healthcare Services GroupHCSG

4.5%+0.9pp

Equitable HoldingsEQH

-4%-5.0pp

Revenue$67.6M+18.1%

Net income$22.7M+16.1%

EPS (diluted)$1.32+9.1%

Operating cash flow$28.3M+1,051%

CapEx$938.0K-39.0%

Free cash flow$27.4M+706%

Market cap$963.74M+36.5%

P/E10.5×+1.4×

P/S3.8×+0.7×

Net margin36.3%+2.7pp

FCF margin17%—

Return on equity8.6%—

Debt / equity0×—

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept mbwm:EffectiveIncomeTaxRateReconciliationTaxCreditsPercent.

The official record: Mercantile Bank Corporation’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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What is Mercantile Bank Corporation's effective income tax rate reconciliation tax credits percent?: Mercantile Bank Corporation (MBWM) reported effective income tax rate reconciliation tax credits percent of -1.9% in Q4 2025.
What does effective income tax rate reconciliation tax credits percent mean?: The percentage reduction in the effective income tax rate attributed to the application of tax credits. This metric quantifies the relative impact of tax incentive programs on the company's overall tax efficiency. It allows for a standardized comparison of tax planning effectiveness across different reporting periods.