Mercantile Bank Corporation (NASDAQ:MBWM ) Q1 2025 Earnings Conference Call April 22, 2025 10:00 AM ET Company Participants Ray Reitsma - President & CEO Chuck Christmas - EVP & CFO Nichole Kladder - CMO Conference Call Participants Brendan Nosal - Hovde Group Daniel Tamayo - Raymond James Damon DelMonte - KBW Adam Kroll - Piper Sandler Operator Good morning, and welcome to the Mercantile Bank Corporation 2025 first quarter earnings results conference call. [Operator instructions].
While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Mercantile Bank (MBWM) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.34 per share a year ago.
Growth in net interest income, notable increases in certain noninterest income categories, sustained strength in asset quality metrics, and continuing solid capital position highlight the quarter GRAND RAPIDS, Mich. , April 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $19.5 million, or $1.21 per diluted share, for the first quarter of 2025, compared with net income of $21.6 million, or $1.34 per diluted share, for the first quarter of 2024.
Board declares $0.37 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.6 percent GRAND RAPIDS, Mich. , April 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 17, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.37 per common share, payable on June 18, 2025, to holders of record as of June 6, 2025.
GRAND RAPIDS, Mich. , March 31, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.
Mercantile Bank Corporation (NASDAQ:MBWM ) Q4 2024 Earnings Conference Call January 21, 2025 10:00 AM ET Company Participants Nichole Kladder - First Vice President and Chief Marketing Officer Raymond Reitsma - President and Chief Executive Officer Charles Christmas - Executive Vice President and Chief Financial Officer Conference Call Participants Daniel Tamayo - Raymond James Nathan Race - Piper Sandler Damon DelMonte - KBW Operator Good morning and welcome to the Mercantile Bank Corporation 2024 Fourth Quarter Earnings Conference Call. All participants will be in listen-only mode.
While the top- and bottom-line numbers for Mercantile Bank (MBWM) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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.
Strong commercial loan and local deposit growth, notable increase in noninterest income, and ongoing strength in asset quality metrics highlight the year GRAND RAPIDS, Mich. , Jan. 21, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $19.6 million, or $1.22 per diluted share, for the fourth quarter of 2024, compared with net income of $20.0 million, or $1.25 per diluted share, for the respective prior-year period.
Board declares $0.37 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.4 percent GRAND RAPIDS, Mich. , Jan. 21, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on January 16, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.37 per common share, payable on March 19, 2025, to holders of record as of March 7, 2025.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Mercantile Bank (MBWM), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.