B
Mercantile Bank Corporation MBWM
$49.25 -$0.46-0.93% NASDAQ
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Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
EPS (TTM)

06/30/2025 03/31/2025 12/31/2024 09/30/2024 06/30/2024
Revenue 11.46M 8.70M 10.17M 9.67M 9.68M
Total Other Revenue 47.88M 46.45M 46.86M 47.19M 43.57M
Total Revenue 59.34M 55.15M 57.03M 56.86M 53.25M
Cost of Revenue -- -- -- -- --
Gross Profit 59.34M 55.15M 57.03M 56.86M 53.25M
SG&A Expenses 27.29M 26.23M 29.63M 26.81M 24.47M
Depreciation & Amortization -- -- -- -- --
Other Operating Expenses 6.09M 4.87M 678.00K 5.49M 5.26M
Total Operating Expenses 33.38M 31.10M 30.31M 32.30M 29.73M
Operating Income 25.96M 24.05M 26.73M 24.56M 23.52M
Income Before Tax 25.96M 24.05M 23.23M 24.56M 23.52M
Income Tax Expenses 3.34M 4.51M 3.60M 4.94M 4.73M
Earnings from Continuing Operations 22.62M 19.54M 19.63M 19.62M 18.79M
Earnings from Discontinued Operations -- -- -- -- --
Extraordinary Item & Accounting Change -- -- -- -- --
Minority Interest in Earnings -- -- -- -- --
Net Income 22.62M 19.54M 19.63M 19.62M 18.79M
EBIT -- -- -- -- --
EBITDA -- -- -- -- --
EPS Basic 1.39 1.21 1.22 1.22 1.17
Normalized Basic EPS 1.00 0.93 0.90 0.95 0.91
EPS Diluted 1.39 1.21 1.21 1.22 1.17
Normalized Diluted EPS 1.00 0.93 0.90 0.95 0.91
Average Basic Shares Outstanding 16.24M 16.20M 16.14M 16.14M 16.12M
Average Diluted Shares Outstanding 16.24M 16.20M 16.14M 16.14M 16.12M
Dividend Per Share 0.37 0.37 0.36 0.36 0.35
Payout Ratio 26.12% 30.21% 29.05% 29.06% 29.47%