Mercantile Bank Corporation
MBWM
$38.83
-$2.29-5.57%
| 12/31/2024 | 09/30/2024 | 06/30/2024 | 03/31/2024 | 12/31/2023 | |
|---|---|---|---|---|---|
| Revenue | 10.17M | 9.67M | 9.68M | 10.87M | 8.30M |
| Total Other Revenue | 46.86M | 47.19M | 43.57M | 46.06M | 46.85M |
| Total Revenue | 57.03M | 56.86M | 53.25M | 56.93M | 55.15M |
| Cost of Revenue | -- | -- | -- | -- | -- |
| Gross Profit | 57.03M | 56.86M | 53.25M | 56.93M | 55.15M |
| SG&A Expenses | 29.63M | 26.81M | 24.47M | 24.74M | 25.89M |
| Depreciation & Amortization | -- | -- | -- | -- | -- |
| Other Operating Expenses | 678.00K | 5.49M | 5.26M | 4.50M | 1.54M |
| Total Operating Expenses | 30.31M | 32.30M | 29.73M | 29.24M | 27.43M |
| Operating Income | 26.73M | 24.56M | 23.52M | 27.69M | 27.72M |
| Income Before Tax | 23.23M | 24.56M | 23.52M | 26.99M | 25.21M |
| Income Tax Expenses | 3.60M | 4.94M | 4.73M | 5.42M | 5.18M |
| Earnings from Continuing Operations | 19.63M | 19.62M | 18.79M | 21.56M | 20.03M |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 19.63M | 19.62M | 18.79M | 21.56M | 20.03M |
| EBIT | -- | -- | -- | -- | -- |
| EBITDA | -- | -- | -- | -- | -- |
| EPS Basic | 1.22 | 1.22 | 1.17 | 1.34 | 1.25 |
| Normalized Basic EPS | 0.90 | 0.95 | 0.91 | 1.05 | 0.98 |
| EPS Diluted | 1.21 | 1.22 | 1.17 | 1.34 | 1.24 |
| Normalized Diluted EPS | 0.90 | 0.95 | 0.91 | 1.05 | 0.98 |
| Average Basic Shares Outstanding | 16.14M | 16.14M | 16.12M | 16.12M | 16.04M |
| Average Diluted Shares Outstanding | 16.14M | 16.14M | 16.12M | 16.12M | 16.04M |
| Dividend Per Share | 0.36 | 0.36 | 0.35 | 0.35 | 0.34 |
| Payout Ratio | 29.05% | 29.06% | 29.47% | 25.67% | 26.67% |
