Mercantile Bank Aktie 729945 / US5873761044
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21.10.2025 11:09:42
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Mercantile Bank Q3 Profit Rises, Beats Estimates
(RTTNews) - Mercantile Bank (MBWM) released earnings for its third quarter that Increased, from last year and beat the Street estimates.
The company's bottom line totaled $23.76 million, or $1.46 per share. This compares with $19.62 million, or $1.22 per share, last year.
Analysts on average had expected the company to earn $1.38 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.7% to $52.00 million from $48.29 million last year.
Mercantile Bank earnings at a glance (GAAP) :
-Earnings: $23.76 Mln. vs. $19.62 Mln. last year. -EPS: $1.46 vs. $1.22 last year. -Revenue: $52.00 Mln vs. $48.29 Mln last year.