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Mercantile Bank Corp. (MBWM)
NASDAQ:MBWM
Earnings Data
Report Date
Jan 20, 2026TBA (Confirmed)
Period Ending
2025 (Q4)Consensus EPS Forecast
1.33Last Year’s EPS
1.22Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with significant growth in deposits, fee income, and earnings per share. Asset quality remained robust, and there was an improvement in the loan-to-deposit ratio. However, there were some challenges, such as loan contraction in Q3 and increased non-interest expenses.Company Guidance
Strong Net Interest Margin and Asset Quality
Despite a 96 basis point drop in the SOFR ninety-day average rate, the net interest margin only decreased by two basis points to 3.5%. Asset quality remained strong with past due loans at 16 basis points and non-performing loans at 13 basis points of total loans.
Improved Loan-to-Deposit Ratio
The loan-to-deposit ratio improved to 96% from 102% in 2024 and 110% in 2023, supported by a deposit mix of 25% non-interest-bearing deposits and 20% lower-cost deposits.
Growth in Key Fee Income Categories
Commercial deposit relationships led to an 18% increase in service charges, a 15% growth in payroll service offerings, and a 12% increase in mortgage banking income year-over-year.
Earnings and Book Value Growth
Earnings per share grew by 20% quarter-over-quarter. Tangible book value per share increased by 13% over the last four quarters, with a five-year compounded annual growth rate of 8.4%.
Deposit and Loan Growth
Annualized deposit growth was 9% for 2025, with a compounded annual growth rate of 11.8% over six years. Loans had a compounded annual growth rate of 10% over the same period.
MBWM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MBWM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Oct 21, 2025 | $44.63 | $44.91 | +0.63% |
Jul 22, 2025 | $48.37 | $47.49 | -1.82% |
Apr 22, 2025 | $39.61 | $41.00 | +3.51% |
Jan 21, 2025 | $43.14 | $45.63 | +5.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mercantile Bank Corp. (MBWM) report earnings?
Mercantile Bank Corp. (MBWM) is schdueled to report earning on Jan 20, 2026, TBA (Confirmed).
What is Mercantile Bank Corp. (MBWM) earnings time?
Mercantile Bank Corp. (MBWM) earnings time is at Jan 20, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MBWM EPS forecast?
MBWM EPS forecast for the fiscal quarter 2025 (Q4) is 1.33.