Mercantile Bank Q3 2024 GAAP EPS $1.22 Beats $1.17 Estimate, Sales $58.000M Beat $56.831M Estimate

Mercantile Bank (NASDAQ:MBWM) reported quarterly earnings of $1.22 per share which beat the analyst consensus estimate of $1.17 by 4.27 percent. This is a 6.15 percent decrease over earnings of $1.30 per share from the same period last year. The company reported quarterly sales of $58.000 million which beat the analyst consensus estimate of $56.831 million by 2.06 percent. This is a 0.36 percent decrease over sales of $58.207 million the same period last year.