What Analyst Projections for Key Metrics Reveal About Mercantile Bank (MBWM) Q3 Earnings

Wall Street analysts expect Mercantile Bank (MBWM) to post quarterly earnings of $1.18 per share in its upcoming report, which indicates a year-over-year decline of 9.2%. Revenues are expected to be $56.83 million, down 2.4% from the year-ago quarter. The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Before a ...