Mercantile Bank (MBWM) Earnings Date, Estimates & Call Transcripts

$36.49
-0.40 (-1.08%)
(As of 04/25/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 16Estimated
Actual EPS
(Jan. 16)
$1.25 Beat By $0.03
Consensus EPS
(Jan. 16)
$1.22
Skip Charts & View Estimated and Actual Earnings Data

MBWM Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MBWM Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Mercantile Bank Analyst EPS Estimates

Current Year EPS Consensus Estimate:$4.79 EPS
Next Year EPS Consensus Estimate: $4.36 EPS

MBWM Earnings Date and Information

Mercantile Bank last released its earnings data on January 16th, 2024. The financial services provider reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.03. The company had revenue of $56.95 million for the quarter, compared to analysts' expectations of $56 million. Mercantile Bank has generated $5.16 earnings per share over the last year ($5.16 diluted earnings per share) and currently has a price-to-earnings ratio of 7.1. Earnings for Mercantile Bank are expected to decrease by -8.98% in the coming year, from $4.79 to $4.36 per share. Mercantile Bank has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, July 16th, 2024 based off prior year's report dates.

Mercantile Bank Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/16/2024
Estimated)
------- 
1/16/2024Q4 2023$1.22$1.25+$0.03$1.25$56.00 million$56.95 million    
10/17/2023Q3 2023$1.17$1.30+$0.13$1.30$53.73 million$58.21 million
7/18/2023Q2 2023$1.11$1.27+$0.16$1.27$52.43 million$73.56 million    
4/18/2023Q1 2023$1.15$1.31+$0.16$1.31$53.43 million$55.34 million
1/17/2023Q4 2022$1.19$1.37+$0.18$1.37$53.70 million$58.46 million    
10/18/2022Q3 2022$0.97$1.01+$0.04$1.01$47.40 million$49.63 million
7/19/2022Q2 2022$0.74$0.74-$0.74$42.37 million$42.07 million    
4/19/2022Q1 2022$0.72$0.73+$0.01$0.73$42.30 million$40.16 million    
1/18/2022Q4 2021$0.83$0.94+$0.11$1.14$43.50 million$45.17 million    
10/18/2021Q3 2021$0.85$0.95+$0.10$0.95$41.13 million$46.69 million    
7/19/2021Q2 2021$0.78$1.12+$0.34$1.12$41.40 million$45.43 million    

Mercantile Bank Earnings - Frequently Asked Questions

When is Mercantile Bank's earnings date?

Mercantile Bank has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, July 16th, 2024 based off last year's report dates. Learn more on MBWM's earnings history.

Did Mercantile Bank beat their earnings estimates last quarter?

In the previous quarter, Mercantile Bank (NASDAQ:MBWM) reported $1.25 earnings per share (EPS) to beat the analysts' consensus estimate of $1.22 by $0.03. Learn more on analysts' earnings estimate vs. MBWM's actual earnings.

How can I listen to Mercantile Bank's earnings conference call?

The conference call for Mercantile Bank's latest earnings report can be listened to online. Listen to Conference Call

How can I read Mercantile Bank's conference call transcript?

The conference call transcript for Mercantile Bank's latest earnings report can be read online. Read Transcript

How much revenue does Mercantile Bank generate each year?

Mercantile Bank (NASDAQ:MBWM) has a recorded annual revenue of $225.69 million.

How much profit does Mercantile Bank generate each year?

Mercantile Bank (NASDAQ:MBWM) has a recorded net income of $82.22 million. MBWM has generated $5.16 earnings per share over the last four quarters.

What is Mercantile Bank's price-to-earnings ratio?

Mercantile Bank (NASDAQ:MBWM) has a trailing price-to-earnings ratio of 7.07 and a forward price-to-earnings ratio of 7.62.

What is Mercantile Bank's EPS forecast for next year?

Mercantile Bank's earnings are expected to decrease from $4.79 per share to $4.36 per share in the next year, which is a -8.98% change.


More Earnings Resources from MarketBeat

This page (NASDAQ:MBWM) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners