Mercantile Bank Corporation
MBWM
$44.44
-$1.25-2.74%
NASDAQ
| 03/31/2025 | 12/31/2024 | 09/30/2024 | 06/30/2024 | 03/31/2024 | |
|---|---|---|---|---|---|
| Revenue | 8.70M | 10.17M | 9.67M | 9.68M | 10.87M |
| Total Other Revenue | 46.45M | 46.86M | 47.19M | 43.57M | 46.06M |
| Total Revenue | 55.15M | 57.03M | 56.86M | 53.25M | 56.93M |
| Cost of Revenue | -- | -- | -- | -- | -- |
| Gross Profit | 55.15M | 57.03M | 56.86M | 53.25M | 56.93M |
| SG&A Expenses | 26.23M | 29.63M | 26.81M | 24.47M | 24.74M |
| Depreciation & Amortization | -- | -- | -- | -- | -- |
| Other Operating Expenses | 4.87M | 678.00K | 5.49M | 5.26M | 4.50M |
| Total Operating Expenses | 31.10M | 30.31M | 32.30M | 29.73M | 29.24M |
| Operating Income | 24.05M | 26.73M | 24.56M | 23.52M | 27.69M |
| Income Before Tax | 24.05M | 23.23M | 24.56M | 23.52M | 26.99M |
| Income Tax Expenses | 4.51M | 3.60M | 4.94M | 4.73M | 5.42M |
| Earnings from Continuing Operations | 19.54M | 19.63M | 19.62M | 18.79M | 21.56M |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 19.54M | 19.63M | 19.62M | 18.79M | 21.56M |
| EBIT | -- | -- | -- | -- | -- |
| EBITDA | -- | -- | -- | -- | -- |
| EPS Basic | 1.21 | 1.22 | 1.22 | 1.17 | 1.34 |
| Normalized Basic EPS | 0.93 | 0.90 | 0.95 | 0.91 | 1.05 |
| EPS Diluted | 1.21 | 1.21 | 1.22 | 1.17 | 1.34 |
| Normalized Diluted EPS | 0.93 | 0.90 | 0.95 | 0.91 | 1.05 |
| Average Basic Shares Outstanding | 16.20M | 16.14M | 16.14M | 16.12M | 16.12M |
| Average Diluted Shares Outstanding | 16.20M | 16.14M | 16.14M | 16.12M | 16.12M |
| Dividend Per Share | 0.37 | 0.36 | 0.36 | 0.35 | 0.35 |
| Payout Ratio | 30.21% | 29.05% | 29.06% | 29.47% | 25.67% |