B
Mercantile Bank Corporation MBWM
$45.66 $0.230.51% NASDAQ
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Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
EPS (TTM)

09/30/2025 06/30/2025 03/31/2025 12/31/2024 09/30/2024
Revenue 7.46% 18.40% -19.93% 22.54% 4.55%
Total Other Revenue 9.77% 9.88% 0.84% 0.03% 3.35%
Total Revenue 9.38% 11.43% -3.12% 3.42% 3.56%
Cost of Revenue -- -- -- -- --
Gross Profit 9.38% 11.43% -3.12% 3.42% 3.56%
SG&A Expenses 4.45% 11.52% 6.01% 14.43% 14.43%
Depreciation & Amortization -- -- -- -- --
Other Operating Expenses 6.32% 15.66% 8.27% -55.95% 7.96%
Total Operating Expenses 4.77% 12.26% 6.36% 10.48% 13.28%
Operating Income 15.43% 10.39% -13.14% -3.58% -6.95%
Income Before Tax 11.74% 10.40% -10.89% -7.86% -5.51%
Income Tax Expenses -25.44% -29.30% -16.85% -30.47% -3.78%
Earnings from Continuing Operations 21.10% 20.40% -9.39% -2.02% -5.93%
Earnings from Discontinued Operations -- -- -- -- --
Extraordinary Item & Accounting Change -- -- -- -- --
Minority Interest in Earnings -- -- -- -- --
Net Income 21.10% 20.40% -9.39% -2.02% -5.93%
EBIT -- -- -- -- --
EBITDA -- -- -- -- --
EPS Basic 20.28% 19.52% -9.84% -2.61% -6.63%
Normalized Basic EPS 13.43% 9.61% -11.33% -8.42% -6.20%
EPS Diluted 20.11% 19.29% -9.84% -2.43% -6.49%
Normalized Diluted EPS 13.43% 9.61% -11.33% -8.42% -6.20%
Average Basic Shares Outstanding 0.69% 0.73% 0.49% 0.61% 0.75%
Average Diluted Shares Outstanding 0.69% 0.73% 0.49% 0.61% 0.75%
Dividend Per Share 5.56% 5.71% 5.71% 5.88% 5.88%
Payout Ratio -0.12% -0.11% 0.18% 0.09% 0.14%