Education
About Us
Working with TipRanks
Follow Us
Mercantile Bank Corp. (MBWM)
NASDAQ:MBWM
Earnings Data
Report Date
Oct 21, 2025TBA (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
1.37Last Year’s EPS
1.22Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in commercial loans, mortgage banking income, and net income, while also addressing challenges such as modest projected loan growth and a decline in net interest margin. The strategic partnership with Eastern Michigan Bank is seen as a positive development, expected to enhance deposit gathering and offer growth opportunities.Company Guidance
Commercial Loan Growth
Commercial loan growth for the first 6 months of 2025 was $114 million, representing an annualized rate of 6.2%.
Increase in Mortgage Banking Income
Mortgage banking income increased by 23.4% for the first 6 months of 2025 compared to the same period in 2024.
Improvement in Nonperforming Assets and Past Due Loans
Nonperforming assets were $9.7 million at June 30, 2025, or 16 basis points of total assets, with past due loans at 6 basis points.
Net Income Growth
Net income for the second quarter of 2025 was $22.6 million or $1.39 per diluted share, compared to $18.8 million or $1.17 per diluted share in the second quarter of 2024.
Increase in Local Deposits
Local deposits increased by 13% as of June 30, 2025, compared with June 30, 2024.
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 |
|---|---|---|---|
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% |
Oct 15, 2024 | $42.05 | $43.20 | +2.73% |
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 Oct 21, 2025, TBA (Confirmed).
What is Mercantile Bank Corp. (MBWM) earnings time?
Mercantile Bank Corp. (MBWM) earnings time is at Oct 21, 2025, 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 (Q3) is 1.37.