Mercantile Bank Corporation
MBWM
$45.66
$0.230.51%
NASDAQ
| 09/30/2025 | 06/30/2025 | 03/31/2025 | 12/31/2024 | 09/30/2024 | |
|---|---|---|---|---|---|
| Revenue | 40.72M | 40.00M | 38.22M | 40.39M | 38.52M |
| Total Other Revenue | 192.99M | 188.38M | 184.07M | 183.69M | 183.67M |
| Total Revenue | 233.71M | 228.38M | 222.30M | 224.07M | 222.19M |
| Cost of Revenue | -- | -- | -- | -- | -- |
| Gross Profit | 233.71M | 228.38M | 222.30M | 224.07M | 222.19M |
| SG&A Expenses | 111.16M | 109.97M | 107.15M | 105.66M | 101.92M |
| Depreciation & Amortization | -- | -- | -- | -- | -- |
| Other Operating Expenses | 17.47M | 17.12M | 16.30M | 15.93M | 16.79M |
| Total Operating Expenses | 128.63M | 127.09M | 123.45M | 121.59M | 118.71M |
| Operating Income | 105.08M | 101.29M | 98.85M | 102.49M | 103.48M |
| Income Before Tax | 100.68M | 97.79M | 95.35M | 98.28M | 100.27M |
| Income Tax Expenses | 15.14M | 16.39M | 17.78M | 18.69M | 20.27M |
| Earnings from Continuing Operations | 85.54 | 81.40 | 77.57 | 79.59 | 80.00 |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -- | -- | -- | -- | -- |
| Net Income | 85.54M | 81.40M | 77.57M | 79.59M | 80.00M |
| EBIT | -- | -- | -- | -- | -- |
| EBITDA | -- | -- | -- | -- | -- |
| EPS Basic | 5.28 | 5.03 | 4.80 | 4.93 | 4.97 |
| Normalized Basic EPS | 3.91 | 3.78 | 3.69 | 3.81 | 3.89 |
| EPS Diluted | 5.27 | 5.02 | 4.80 | 4.93 | 4.96 |
| Normalized Diluted EPS | 3.91 | 3.78 | 3.69 | 3.81 | 3.89 |
| Average Basic Shares Outstanding | 64.83M | 64.72M | 64.60M | 64.52M | 64.42M |
| Average Diluted Shares Outstanding | 64.83M | 64.72M | 64.60M | 64.52M | 64.42M |
| Dividend Per Share | 1.48 | 1.46 | 1.44 | 1.42 | 1.40 |
| Payout Ratio | 27.57% | 28.52% | 29.45% | 28.24% | 27.64% |