ReutersReuters

Mercantile Bank Corp expected to post earnings of $1.38 a share - Earnings Preview

Refinitiv1 minuto di lettura
  • Mercantile Bank Corp MBWM is expected to show a rise in quarterly revenue when it reports results on October 21 for the period ending September 30 2025

  • The Grand Rapids Michigan-based company is expected to report a 5.8% increase in revenue to $61.332 million from $57.96 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Mercantile Bank Corp is for earnings of $1.38 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Mercantile Bank Corp is $56.00, about 23% above its last closing price of $43.14

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2025

1.26

1.24

1.39

Beat

11.7

Mar. 31 2025

1.19

1.18

1.21

Beat

2.3

Dec. 31 2024

1.16

1.15

1.22

Beat

6.4​

Sep. 30 2024

1.19

1.17

1.22

Beat

4.1

​​Jun. 30 2024

1.14

1.16

1.17

Beat

1.3

Mar. 31 2024

1.16

1.14

1.34

Beat

17.2​

Dec. 31 2023

1.25

1.24

1.25

Beat

1.1

Sep. 30 2023

1.15

1.15

1.30

Beat

13.3

This summary was machine generated October 17 at 12:49 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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