Mercantile Bank Corp (MBWM)
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[[ session ]] by (Cboe BZX)
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[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2024 | 12-2023 | 12-2022 | 12-2021 | 12-2020 | |
| Interest Income | 321,502 | 271,358 | 181,839 | 143,494 | 148,313 |
| Interest Expense | 130,416 | 77,813 | 23,595 | 19,432 | 26,067 |
| Interest Income (Net of Interest Expense) | 191,086 | 193,545 | 158,244 | 124,062 | 122,246 |
| Non-Interest Income | 40,389 | 32,143 | 32,077 | 56,220 | 45,172 |
| Sales | 231,475 | 225,688 | 190,321 | 180,282 | 167,418 |
| Credit Losses Provision | 7,400 | 7,700 | 6,550 | -4,300 | 14,050 |
| Non Interest Expenses | 125,789 | 115,289 | 107,981 | 110,866 | 98,520 |
| Pre-tax Income | 98,286 | 102,699 | 75,790 | 73,716 | 54,848 |
| Income Tax | 18,693 | 20,482 | 14,727 | 14,695 | 10,710 |
| Other Income | 228,702 | 180,512 | 99,385 | 93,148 | 80,915 |
| Net Income | $79,593 | $82,217 | $61,063 | $59,021 | $44,138 |
| EPS Basic Continuous Ops | 4.93 | 5.13 | 3.85 | 3.69 | 2.71 |
| EPS Basic Total Ops | 4.93 | 5.13 | 3.85 | 3.69 | 2.71 |
| EPS Diluted Continuous Ops | 4.93 | 5.13 | 3.85 | 3.69 | 2.71 |
| EPS Diluted Total Ops | 4.93 | 5.13 | 3.85 | 3.69 | 2.71 |
| EPS Diluted Before Non-Recurring Items | 4.93 | 5.13 | 3.85 | 3.89 | 2.78 |
| EBITDA(a) | $N/A | $N/A | $N/A | $N/A | $N/A |