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Mercantile Bank (MBWM) Earnings Date, Estimates & Call Transcripts

Mercantile Bank logo
$49.41 +1.08 (+2.23%)
(As of 11:50 AM ET)

Mercantile Bank Latest Earnings Summary

Upcoming Q4
Earnings Date
Jan. 21Estimated
Actual EPS
(Oct. 15)
$1.22 Beat By $0.04
Consensus EPS
(Oct. 15)
$1.18

Mercantile Bank released Q3 2024 earnings on October 15, 2024, reporting an EPS of $1.22, which beat analysts' consensus estimates of $1.18 by $0.04. Quarterly revenue was reported to be $93.08 million, above analyst estimates of $56.83 million. With a trailing EPS of $4.98 and a P/E Ratio of 9.96, Mercantile Bank's earnings are expected to decrease -7.80% next year, from $4.87 to $4.49 per share.

MBWM Upcoming Earnings

Mercantile Bank's next earnings date is estimated for Tuesday, January 21, 2025, based off prior year's reporting schedules.

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MBWM Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MBWM Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Mercantile Bank Analyst EPS Estimates

Current Year EPS Consensus Estimate:$4.87 EPS
Next Year EPS Consensus Estimate: $4.49 EPS

Mercantile Bank Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
1/21/2025
(Estimated)
------- 
10/15/2024Q3 2024$1.18$1.22+$0.04$1.22$56.83M$93.08M        
7/16/2024Q2 2024$1.17$1.17-$1.17$56.23M$88.56M        
4/16/2024Q1 2024$1.14$1.34+$0.20$1.34$55.20M$58.23M    
1/16/2024Q4 2023$1.22$1.25+$0.03$1.25$56.00M$56.95M        
10/17/2023Q3 2023$1.17$1.30+$0.13$1.30$53.73M$58.21M    
7/18/2023Q2 2023$1.11$1.27+$0.16$1.27$52.43M$73.56M        
4/18/2023Q1 2023$1.15$1.31+$0.16$1.31$53.43M$55.34M    
1/17/2023Q4 2022$1.19$1.37+$0.18$1.37$53.70M$58.46M        

Mercantile Bank Earnings - Frequently Asked Questions

Mercantile Bank has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, January 21st, 2025 based off last year's report dates. Learn more on MBWM's earnings history.

In the previous quarter, Mercantile Bank (NASDAQ:MBWM) reported $1.22 earnings per share (EPS) to beat the analysts' consensus estimate of $1.18 by $0.04. Learn more on analysts' earnings estimate vs. MBWM's actual earnings.

The conference call for Mercantile Bank's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Mercantile Bank's latest earnings report can be read online.
Read Transcript

Mercantile Bank (NASDAQ:MBWM) has a recorded annual revenue of $303.50 million.

Mercantile Bank (NASDAQ:MBWM) has a recorded net income of $82.22 million. MBWM has generated $4.98 earnings per share over the last four quarters.

Mercantile Bank (NASDAQ:MBWM) has a trailing price-to-earnings ratio of 9.96 and a forward price-to-earnings ratio of 10.18.

Mercantile Bank's earnings are expected to decrease from $4.87 per share to $4.49 per share in the next year, which is a -7.80% change.

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This page (NASDAQ:MBWM) was last updated on 11/21/2024 by MarketBeat.com Staff
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