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Mercantile Bank Corp. (MBWM)
NASDAQ:MBWM
US Market

Mercantile Bank (MBWM) Income Statement

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Mercantile Bank Income Statement

Last quarter (Q3 2024), Mercantile Bank's total revenue was $83.41M, an increase of 43.30% from the same quarter last year. In Q3, Mercantile Bank's net income was $19.62M. See Mercantile Bank’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 217.99M$ 190.32M$ 179.22M$ 167.42M$ 151.49M
Gross Profit
$ 217.99M$ 190.32M$ 179.22M$ 167.42M$ 151.49M
Operating Expenses
$ 225.69M$ -90.94M$ -105.51M$ -112.57M$ -91.03M
Depreciation and Amortization
$ 11.50M$ 12.95M$ 13.68M$ 9.43M$ 9.55M
EBITDA
$ 114.19M$ 88.73M$ 87.39M$ 64.27M$ 70.01M
Operating Income
$ 102.70M$ 99.39M$ 73.72M$ 54.85M$ 60.46M
Other Income/Expenses
$ 0.00$ -16.58M$ -20.40M$ -15.69M$ -15.12M
Pretax Income
$ 102.70M$ 75.79M$ 73.72M$ 54.85M$ 60.46M
Net Income
$ 82.22M$ 61.06M$ 59.02M$ 44.14M$ 49.46M
Per Share Metrics
$ ―$ ―$ ―$ ―$ ―
Basic EPS
$ 5.13$ 3.85$ 3.69$ 2.71$ 3.01
Diluted EPS
$ 5.13$ 3.85$ 3.69$ 2.71$ 3.01
Weighted Average Shares Outstanding
16.02M 15.86M 15.99M 16.27M 16.41M
Weighted Average Shares Outstanding (Diluted)
16.02M 15.86M 15.99M 16.27M 16.41M
Currency in USD

Mercantile Bank Earnings and Revenue History

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