Mercantile Bank Corp
NASDAQ:MBWM

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Mercantile Bank Corp
NASDAQ:MBWM
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Price: 44.64 USD -2.02% Market Closed
Market Cap: 720.5m USD
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Mercantile Bank Corp
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Mercantile Bank Corp
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Mercantile Bank Corp
NASDAQ:MBWM
Tax Provision
-$20.3m
CAGR 3-Years
-11%
CAGR 5-Years
-13%
CAGR 10-Years
-10%
PNC Financial Services Group Inc
NYSE:PNC
Tax Provision
-$1.2B
CAGR 3-Years
1%
CAGR 5-Years
-8%
CAGR 10-Years
2%
M&T Bank Corp
NYSE:MTB
Tax Provision
-$664.3m
CAGR 3-Years
-3%
CAGR 5-Years
-2%
CAGR 10-Years
-3%
Truist Financial Corp
NYSE:TFC
Tax Provision
$885m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Fifth Third Bancorp
NASDAQ:FITB
Tax Provision
-$576m
CAGR 3-Years
7%
CAGR 5-Years
1%
CAGR 10-Years
0%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Tax Provision
-$978m
CAGR 3-Years
-82%
CAGR 5-Years
-50%
CAGR 10-Years
-32%
No Stocks Found

Mercantile Bank Corp
Glance View

Market Cap
720.6m USD
Industry
Banking

Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. The company is headquartered in Grand Rapids, Michigan and currently employs 585 full-time employees. Its bank is a state banking company. The company provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. The company makes secured and unsecured commercial, construction, mortgage, and consumer loans, and accepts checking, savings, and time deposits. The company provides a range of personal banking services, such as checking, savings, certificate of deposit, health savings, cards, loans, online, and mobile services. The company offers a range of loans, such as home equity loans, personal loans, overdraft protection, and student loans. The company also enables customers to conduct certain loan and deposit transactions on a personal computer and through mobile applications. The company provides a range of insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products.

MBWM Intrinsic Value
54.8 USD
Undervaluation 19%
Intrinsic Value
Price

See Also

What is Mercantile Bank Corp's Tax Provision?
Tax Provision
-20.3m USD

Based on the financial report for Sep 30, 2024, Mercantile Bank Corp's Tax Provision amounts to -20.3m USD.

What is Mercantile Bank Corp's Tax Provision growth rate?
Tax Provision CAGR 10Y
-10%

Over the last year, the Tax Provision growth was 0%. The average annual Tax Provision growth rates for Mercantile Bank Corp have been -11% over the past three years , -13% over the past five years , and -10% over the past ten years .

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