Mercantile Bank Corporation
MBWM
$46.27
-$0.32-0.69%
NASDAQ
| 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% |