B
Mercantile Bank Corporation MBWM
$49.44 $0.380.78% 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 40.00M 38.22M 40.39M 38.52M 38.10M
Total Other Revenue 188.38M 184.07M 183.69M 183.67M 182.14M
Total Revenue 228.38M 222.30M 224.07M 222.19M 220.24M
Cost of Revenue -- -- -- -- --
Gross Profit 228.38M 222.30M 224.07M 222.19M 220.24M
SG&A Expenses 109.97M 107.15M 105.66M 101.92M 98.54M
Depreciation & Amortization -- -- -- -- --
Other Operating Expenses 17.12M 16.30M 15.93M 16.79M 16.38M
Total Operating Expenses 127.09M 123.45M 121.59M 118.71M 114.92M
Operating Income 101.29M 98.85M 102.49M 103.48M 105.32M
Income Before Tax 97.79M 95.35M 98.28M 100.27M 101.70M
Income Tax Expenses 16.39M 17.78M 18.69M 20.27M 20.46M
Earnings from Continuing Operations 81.40 77.57 79.59 80.00 81.23
Earnings from Discontinued Operations -- -- -- -- --
Extraordinary Item & Accounting Change -- -- -- -- --
Minority Interest in Earnings -- -- -- -- --
Net Income 81.40M 77.57M 79.59M 80.00M 81.23M
EBIT -- -- -- -- --
EBITDA -- -- -- -- --
EPS Basic 5.03 4.80 4.93 4.97 5.05
Normalized Basic EPS 3.78 3.69 3.81 3.89 3.95
EPS Diluted 5.02 4.80 4.93 4.96 5.04
Normalized Diluted EPS 3.78 3.69 3.81 3.89 3.95
Average Basic Shares Outstanding 64.72M 64.60M 64.52M 64.42M 64.30M
Average Diluted Shares Outstanding 64.72M 64.60M 64.52M 64.42M 64.30M
Dividend Per Share 1.46 1.44 1.42 1.40 1.38
Payout Ratio 28.52% 29.45% 28.24% 27.64% 26.77%