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MBWM

Mercantile Bank Corp

$35.74

Earnings Summary

Revenue
$73.8Mn
Net Profits
$20.03Mn
Net Profit Margins
27.14%

Highlights

Revenue:

Mercantile Bank Corp’s revenue jumped 26.24% since last year same period to $73.8Mn in the Q4 2023. On a quarterly growth basis, Mercantile Bank Corp has generated 26.79% jump in its revenue since last 3-months.

Net Profits:

Mercantile Bank Corp’s net profit fell -8.13% since last year same period to $20.03Mn in the Q4 2023. On a quarterly growth basis, Mercantile Bank Corp has generated -3.96% fall in its net profits since last 3-months.

Net Profit Margins:

Mercantile Bank Corp’s net profit margin fell -27.23% since last year same period to 27.14% in the Q4 2023. On a quarterly growth basis, Mercantile Bank Corp has generated -24.25% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Mercantile Bank Corp post its latest quarter earnings

EPS Estimate Current Quarter
1.14
EPS Estimate Current Year
1.14

Highlights

EPS Estimate Current Quarter:

Mercantile Bank Corp’s earning per share (EPS) estimates for the current quarter stand at 1.14 - a -8.06% fall from last quarter’s estimates.

EPS Estimate Current Year:

Mercantile Bank Corp’s earning per share (EPS) estimates for the current year stand at 1.14.

Key Ratios

Key ratios of the Mercantile Bank Corp post its Q4 2023 earnings

Earning Per Share (EPS)
1.25
Dividend Per Share (DPS)
0.34

Highlights

Earning Per Share (EPS):

Mercantile Bank Corp’s earning per share (EPS) fell -8.76% since last year same period to 1.25 in the Q4 2023. This indicates that the Mercantile Bank Corp has generated -8.76% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Dividend Per Share (DPS):

Mercantile Bank Corp declared 0.34 dividend per share during the earnings announcement for Q4 2023.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-08-04
1.1
1.27
15.45%
2023-11-03
1.15
1.3
13.04%
2023-05-05
1.16
1.31
12.93%
2024-03-01
1.24
1.25
0.81%