Company / Income Tax per Share
MERCANTILE BANK CORP Income Tax per Share History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax per Share
$1.16
FY2024
5-year range
$0.92 / $1.28
FY2020-FY2024
Trend
-9.4%
vs FY2023
Sector context
#157 of 373
Financials
What the data says
At $1.16, MERCANTILE BANK CORP's income tax per share ranks #217 of 373 in the Financials sector. Income Tax per Share has fluctuated over the past 9 years, ranging from $0.59 in FY2018 to $1.28 in FY2023.
Based on SEC 10-K filings.
1.16 in FY2024 with a 5-year CAGR of +11.6%.
Increased from $0.93 to $1.16 over the past 2 years.
Financials sector context is included.
Income Tax per Share over time
Growth rates
- 3-Year CAGR
- +8.0%
- 5-Year CAGR
- +11.6%
- 10-Year CAGR
- -
Sector benchmark
#217 of 373 in FinancialsTop 58% of 373This company $1.16 Sector average $1.95
▼
-40.7% below sector average
Key checks
Key Insights
- In FY2024, income tax per share decreased 9.4% year-over-year.
- Ranks #157 out of 373 companies in the Financials sector.
- Peak income tax per share was recorded in FY2023.
- Lowest income tax per share in the period was in FY2018.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income Tax per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $1.16 | -9.4% |
| FY2023 | $1.28 | +37.7% |
| FY2022 | $0.93 | +1.0% |
| FY2021 | $0.92 | +39.6% |
| FY2020 | $0.66 | -1.8% |
| FY2019 | $0.67 | +13.7% |
| FY2018 | $0.59 | -34.3% |
| FY2017 | $0.90 | -2.2% |
| FY2016 | $0.92 | +29.4% |
As of FY2024 · SEC 10-K Annual Filings · Updated Feb 28, 2026