Mercantile Bank (MBWM) Reports Q3 Earnings: What Key Metrics Have to Say

For the quarter ended September 2024, Mercantile Bank (MBWM) reported revenue of $57.96 million, down 0.4% over the same period last year. EPS came in at$ 1.22, compared to $1.30 in the year-ago quarter. The reported revenue represents a surprise of +1.98% over the Zacks Consensus Estimate of$ 56.83 million. With the consensus EPS estimate being $1.18, the EPS surprise was +3.39%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...