Production (Stage)
B
Mercantile Bank Corporation MBWM
$44.38 -$0.45-1.00% NASDAQ
Recommendation
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Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
EPS (TTM)

03/31/2025 12/31/2024 09/30/2024 06/30/2024 03/31/2024
Revenue 8.70M 10.17M 9.67M 9.68M 10.87M
Total Other Revenue 46.45M 46.86M 47.19M 43.57M 46.06M
Total Revenue 55.15M 57.03M 56.86M 53.25M 56.93M
Cost of Revenue -- -- -- -- --
Gross Profit 55.15M 57.03M 56.86M 53.25M 56.93M
SG&A Expenses 26.23M 29.63M 26.81M 24.47M 24.74M
Depreciation & Amortization -- -- -- -- --
Other Operating Expenses 4.87M 678.00K 5.49M 5.26M 4.50M
Total Operating Expenses 31.10M 30.31M 32.30M 29.73M 29.24M
Operating Income 24.05M 26.73M 24.56M 23.52M 27.69M
Income Before Tax 24.05M 23.23M 24.56M 23.52M 26.99M
Income Tax Expenses 4.51M 3.60M 4.94M 4.73M 5.42M
Earnings from Continuing Operations 19.54M 19.63M 19.62M 18.79M 21.56M
Earnings from Discontinued Operations -- -- -- -- --
Extraordinary Item & Accounting Change -- -- -- -- --
Minority Interest in Earnings -- -- -- -- --
Net Income 19.54M 19.63M 19.62M 18.79M 21.56M
EBIT -- -- -- -- --
EBITDA -- -- -- -- --
EPS Basic 1.21 1.22 1.22 1.17 1.34
Normalized Basic EPS 0.93 0.90 0.95 0.91 1.05
EPS Diluted 1.21 1.21 1.22 1.17 1.34
Normalized Diluted EPS 0.93 0.90 0.95 0.91 1.05
Average Basic Shares Outstanding 16.20M 16.14M 16.14M 16.12M 16.12M
Average Diluted Shares Outstanding 16.20M 16.14M 16.14M 16.12M 16.12M
Dividend Per Share 0.37 0.36 0.36 0.35 0.35
Payout Ratio 30.21% 29.05% 29.06% 29.47% 25.67%