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Mercantile Bank (MBWM) Q1 Earnings and Revenues Top Estimates
MBWMMercantile Bank (MBWM) Zacks Investment Research·2024-04-16 12:05

Mercantile Bank (MBWM) came out with quarterly earnings of 1.34pershare,beatingtheZacksConsensusEstimateof1.34 per share, beating the Zacks Consensus Estimate of 1.14 per share. This compares to earnings of 1.31pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof17.541.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.54%. A quarter ago, it was expected that this holding company for Mercantile Bank of Michigan would post earnings of 1.22 per share when it actually produced earnings of $1.25, delivering a surprise of 2.46%.Ov ...