Mercantile Bank (MBWM) Q4 Earnings and Revenues Beat Estimates

Mercantile Bank (MBWM) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of$ 1.15 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.09%. A quarter ago, it was expected that this holding company for Mercantile Bank of Michigan would post earnings of$ 1.18 per share when it actually produced earnings of $1.22, delivering a surprise of 3.39%.Ove ...