Skip to content

Mercantile Bank Corporation MBWM Provision for Credit Losses

Provision for Credit Losses at other companies

First Merchants Corporation logo
First Merchants CorporationFRME
$4.9M+16.7%
Amerant Bancorp logo
Amerant BancorpAMTB
$7.8M-57.7%
Shore Bancshares logo
Shore BancsharesSHBI
$85K-91.7%
Bank First Corporation logo
Bank First CorporationBFC
$0+100%
Banner Corporation logo
Banner CorporationBANR
-$796K-125%
International Bancshares logo
International BancsharesIBOC
$3.02M-9.2%

Segments

By segment

See full
Mercantile Bank-$1.7M
Eastern Michigan Bank-$100K

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

See full
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 / equity

Where this comes from

Reported directly by Mercantile Bank Corporation in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

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

Ask your AI about Mercantile Bank Corporation's provision for credit losses.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Mercantile Bank Corporation's provision for credit losses?
Mercantile Bank Corporation (MBWM) reported provision for credit losses of -$1.8M in Q1 2026.
How has Mercantile Bank Corporation's provision for credit losses changed year-over-year?
Mercantile Bank Corporation's provision for credit losses decreased by 185.7% year-over-year, from $2.1M to -$1.8M.
What is the long-term trend for Mercantile Bank Corporation's provision for credit losses?
Over 3 years (2021 to 2024), Mercantile Bank Corporation's provision for credit losses has grown at a 19.8% compound annual growth rate (CAGR), from -$4.3M to $7.4M.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.