Mercantile Bank earnings were $80.0M for the trailing 12 months ending Sep 30, 2024, with -5.3% growth year over year. The latest MBWM earnings report on Sep 30, 2024 announced Q3 2024 earnings of $19.6M, up 4.4% from last quarter. For the last reported fiscal year 2023 ending Dec 31, 2023, MBWM reported annual earnings of $82.2M, with 34.6% growth. The next MBWM earnings date is Apr 14, 2025.
MBWM past earnings growth
How has MBWM's earnings growth performed historically?
What were Mercantile Bank's earnings last quarter?
On MBWM's earnings call on Invalid Date, Mercantile Bank (NASDAQ: MBWM) reported Q3 2024 earnings per share (EPS) of $1.22, up 6.15% year over year. Total MBWM earnings for the quarter were $19.62 million. In the same quarter last year, Mercantile Bank's earnings per share (EPS) was $1.30.
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What was MBWM's earnings growth in the past year?
As of Mercantile Bank's earnings date in Invalid Date, Mercantile Bank's earnings has grown -5.33% year over year. This is 17.16 percentage points lower than the US Banks - Regional industry earnings growth rate of 11.83%. MBWM earnings in the past year totalled $80.00 million.
Is Mercantile Bank profitable or losing money?
As of the last Mercantile Bank earnings report, Mercantile Bank is currently profitable. Mercantile Bank's net profit (also called net income) for the twelve months ending Sep 30, 2024 was $80.00 million, a 4.75% decrease year over year.
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