Mercantile Bank Corp. operates as a bank holding company for Mercantile Bank of Michigan. The company is headquartered in Grand Rapids, Michigan and currently employs 662 full-time employees. The Bank is a state banking company that provides commercial banking services primarily to small- to medium-sized businesses and retail banking services. Its operations are centered around the West and Central portions of Michigan. The company also has banking offices located in the metropolitan Detroit, Michigan area, Traverse City, Michigan, Petoskey, Michigan, Saginaw, Michigan, and Midland, Michigan. The company makes secured and unsecured commercial, construction, mortgage and consumer loans, and accepts checking, savings and time deposits. The company also enables customers to conduct certain loan and deposit transactions by personal computer and through mobile applications. Its insurance product offerings include private passenger automobiles, homeowners, personal inland marine, boat owners, recreational vehicles, dwelling fire, umbrella policies, small businesses, and life insurance products.
How did MBWM's recent EPS compare to expectations?
The most recent EPS for Mercantile Bank Corp is $1.46, beating expectations of $1.33.
How did Mercantile Bank Corp MBWM's revenue perform in the last quarter?
Mercantile Bank Corp revenue for the last quarter is $1.46
What is the revenue estimate for Mercantile Bank Corp?
According to 7 of Wall street analyst, the revenue estimate of Mercantile Bank Corp range from $73.5M to $66.83M
What's the earning quality score for Mercantile Bank Corp?
Mercantile Bank Corp has a earning quality score of B+/47.38925. The score is based on a four dimension of Profitability, Growth, Cash generation & Capital Allocation, and Leverage.
When does Mercantile Bank Corp report earnings?
Mercantile Bank Corp next earnings report is expected in 2026-07-20
What are Mercantile Bank Corp's expected earnings?
Mercantile Bank Corp expected earnings is $68.98M, according to wall-street analysts.
Did Mercantile Bank Corp beat earnings expectations?
Mercantile Bank Corp recent earnings of $67.59M does not beat expectations.