Mercantile Bank (DHA:MERCANBANK) Tax Provision: BDT-491 Mil (TTM As of Mar. 2026)

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DHA:MERCANBANK Mercantile Bank PLC DHA:MERCANBANK
67 GF Score
Price BDT7.00
GF Value BDT8.31
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mercantile Bank Tax Provision?

Mercantile Bank DHA:MERCANBANK 67 Tax Provision is BDT-491 Mil as of Mar. 2026. GuruFocus rates DHA:MERCANBANK with a GF Score™ of 67/100 and a GF Value™ of BDT8.31 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Mercantile Bank's tax provision for the three months ended in Mar. 2026 was BDT-205 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was BDT-491 Mil.

Mercantile Bank Tax Provision Historical Data

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The historical data trend for Mercantile Bank's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mercantile Bank Tax Provision Chart

Mercantile Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -851.66 -834.20 -739.47 -693.68 -692.92

Mercantile Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -406.65 -103.28 -209.57 26.56 -204.88
DHA:MERCANBANK
67GF Score
Mercantile Bank PLC DHA:MERCANBANK
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercantile Bank Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT-491 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of BDT-491 Mil mean?
Mercantile Bank (DHA:MERCANBANK) has a Tax Provision of BDT-491 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Mercantile Bank and its competitors.
Is Mercantile Bank's Tax Provision too high?
Mercantile Bank's current Tax Provision is BDT-491 Mil. Overall, Mercantile Bank has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercantile Bank's Tax Provision compare to competitors?
Mercantile Bank's Tax Provision of BDT-491 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Banks company?
A good Tax Provision depends on the Banks industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Mercantile Bank and its competitors. Mercantile Bank's current Tax Provision is BDT-491 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercantile Bank stock overvalued right now?
Based on GuruFocus' analysis, Mercantile Bank (DHA:MERCANBANK) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT8.31, compared to a current price of BDT7.00 — trading 15.8% below its estimated fair value. The current Tax Provision is BDT-491 Mil. Mercantile Bank's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Mercantile Bank (DHA:MERCANBANK), the current Tax Provision is BDT-491 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mercantile Bank (DHA:MERCANBANK) Overvalued in 2026?

Based on GuruFocus' analysis, Mercantile Bank stock appears to be undervalued. The current stock price of BDT7.00 is trading 15.8% below its estimated GF Value™ of BDT8.31. GuruFocus considers Mercantile Bank to be Modestly Undervalued.

Key valuation signals for DHA:MERCANBANK:

  • Tax Provision: BDT-491 Mil
  • GF Value™: BDT8.31 vs. price of BDT7.00 (15.8% below fair value)
  • GF Score™: 67/100 with 3 warning signs

No single metric tells the full story. See the DHA:MERCANBANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mercantile Bank Business Description

Address 61, Dilkusha Commercial Area, Dhaka, BGD
Mercantile Bank PLC is a commercial bank that engages in providing banking and financial services. It offers a range of services such as SME financing, Retail Banking, Corporate Banking, Foreign Trade, NRB banking, Treasury instruments services, and E-banking, among others. Its operating segments comprise Commercial Banking including Off-shore Banking Units, Islamic Banking Window Operations, Mercantile Bank Securities Limited; MBL Assets Management Limited, and Mercantile Exchange House (UK) Ltd.
67GF Score

Get the complete analysis for DHA:MERCANBANK

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT7.00
Price
BDT8.31
GF Value