Mercantile Bank Corporation Analyst EPS Estimates
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|---|---|---|---|
| Q1 2024 | 1 | $1.14 | $1.14 | $1.14 |
| Q2 2024 | 1 | $1.14 | $1.17 | $1.16 |
| Q3 2024 | 1 | $1.17 | $1.18 | $1.17 |
| Q4 2024 | 4 | $1.12 | $1.17 | $1.14 |
| Q1 2025 | 4 | $1.03 | $1.10 | $1.06 |
| Q2 2025 | 2 | $1.09 | $1.12 | $1.11 |
| Q3 2025 | 2 | $1.13 | $1.16 | $1.15 |
| Q4 2025 | 2 | $1.12 | $1.15 | $1.14 |
| Q1 2026 | 1 | $1.00 | $1.03 | $1.02 |
| Q2 2026 | 1 | $1.07 | $1.10 | $1.09 |
| Q3 2026 | 1 | $1.13 | $1.16 | $1.15 |
| Q4 2026 | 1 | $1.14 | $1.17 | $1.16 |
Mercantile Bank Corporation Earnings Date And Information
Mercantile Bank Corporation last posted its earnings results on Tuesday, October 15th, 2024. The company reported $1.22 earnings per share for the quarter, topping analysts' consensus estimates of $1.17 by $0.05. The company had revenue of 93.08 M for the quarter and had revenue of 217.99 M for the year. Mercantile Bank Corporation has generated $5 earnings per share over the last year ($5.13 diluted earnings per share) and currently has a price-to-earnings ratio of 9.79. Mercantile Bank Corporation has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, January 14th, 2025 based on prior year's report dates.
Mercantile Bank Corporation Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Reported EPS | Beat/Miss | Revenue Estimate | Actual Revenue |
|---|---|---|---|---|---|---|
| 11/01/2024 | Q3 2024 | $1.22 | $56.88 M | $93.08 M | ||
| 08/02/2024 | Q2 2024 | $1.17 | $55.93 M | $88.56 M | ||
| 05/03/2024 | Q1 2024 | $1.34 | $87.59 M | |||
| 03/01/2024 | Q4 2023 | $1.25 | $73.80 M | |||
| 11/03/2023 | Q3 2023 | $1.30 | $53.24 M | $58.21 M | ||
| 08/04/2023 | Q2 2023 | $1.27 | $51.84 M | $55.20 M | ||
| 05/05/2023 | Q1 2023 | $1.31 | $55.34 M | |||
| 03/03/2023 | Q4 2022 | $1.37 | $58.46 M | |||
| 11/04/2022 | Q3 2022 | $1.01 | $47.70 M | $49.63 M | ||
| 08/05/2022 | Q2 2022 | $0.74 | $42.71 M | $42.07 M | ||
| 05/06/2022 | Q1 2022 | $0.73 | $40.16 M | |||
| 03/04/2022 | Q4 2021 | $0.74 | $45.17 M | |||
| 11/05/2021 | Q3 2021 | $0.95 | $41.47 M | $46.69 M | ||
| 08/06/2021 | Q2 2021 | $1.12 | $41.29 M | $44.37 M | ||
| 05/07/2021 | Q1 2021 | $0.87 | $43.00 M | |||
| 03/05/2021 | Q4 2020 | $0.87 | $46.18 M | |||
| 11/06/2020 | Q3 2020 | $0.66 | $39.41 M | $42.82 M | ||
| 08/07/2020 | Q2 2020 | $0.54 | $36.60 M | $41.56 M | ||
| 05/11/2020 | Q1 2020 | $0.65 | $36.87 M | |||
| 03/02/2020 | Q4 2019 | $0.81 | $38.48 M |
Mercantile Bank Corporation Earnings: Frequently Asked Questions
-
When is Mercantile Bank Corporation's earnings date?
Mercantile Bank Corporation has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, January 14th, 2025 based off last year's report dates.
-
Did Mercantile Bank Corporation beat their earnings estimates last quarter?
In the previous quarter, Mercantile Bank Corporation (:MBWM) reported $1.22 earnings per share (EPS) to beat the analysts' consensus estimate of $1.17 by $0.05.
-
How can I listen to Mercantile Bank Corporation's earnings conference call?
The conference call for Mercantile Bank Corporation's latest earnings report can be listened to online.
-
How can I read Mercantile Bank Corporation's conference call transcript?
The conference call transcript for Mercantile Bank Corporation's latest earnings report can be read online.
-
How much revenue does Mercantile Bank Corporation generate each year?
Mercantile Bank Corporation (:MBWM) has a recorded annual revenue of $217.99 M.
-
How much profit does Mercantile Bank Corporation generate each year?
Mercantile Bank Corporation (:MBWM) has a recorded net income of $217.99 M. Mercantile Bank Corporation has generated $5.13 earnings per share over the last four quarters.
-
What is Mercantile Bank Corporation's price-to-earnings ratio?
Mercantile Bank Corporation (:MBWM) has a price-to-earnings ratio of 9.79 and price/earnings-to-growth ratio is -6.19.
