Mercantile Bank earnings were $79.6M for the trailing 12 months ending Dec 31, 2024, with -3.9% growth year over year. The latest MBWM earnings report on Dec 31, 2024 announced Q4 2024 earnings of $19.6M, up 0% from last quarter. For the last reported fiscal year 2024 ending Dec 31, 2024, MBWM reported annual earnings of $79.6M, with -3.2% growth.
MBWM past earnings growth
How has MBWM's earnings growth performed historically?
What were Mercantile Bank's earnings last quarter?
On MBWM's earnings call on Invalid Date, Mercantile Bank (NASDAQ: MBWM) reported Q4 2024 earnings per share (EPS) of $1.21, up 2.42% year over year. Total MBWM earnings for the quarter were $19.63 million. In the same quarter last year, Mercantile Bank's earnings per share (EPS) was $1.24.
As of the last Mercantile Bank earnings report, Mercantile Bank is currently profitable. Mercantile Bank's net profit (also called net income) for the twelve months ending Dec 31, 2024 was $79.59 million, a 3.19% decrease year over year.
What was MBWM's earnings growth in the past year?
As of Mercantile Bank's earnings date in Invalid Date, Mercantile Bank's earnings has grown -3.9% year over year. This is 8.79 percentage points lower than the US Banks - Regional industry earnings growth rate of 4.89%. MBWM earnings in the past year totalled $79.59 million.
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