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Mercantile Bank Earlier Reported Q4 EPS $0.83 Beats $0.65 Estimate, Sales $38.48M Beat $36.34M Estimate

Mercantile Bank (NASDAQ:MBWM) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.65 by 27.69 percent. This is a 18.57 percent increase over earnings of $0.7 per share from the

Benzinga · 01/21/2020 14:51

Mercantile Bank (NASDAQ:MBWM) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.65 by 27.69 percent. This is a 18.57 percent increase over earnings of $0.7 per share from the same period last year. The company reported quarterly sales of $38.48 million which beat the analyst consensus estimate of $36.34 million by 5.89 percent. This is a 6.33 percent increase over sales of $36.188 million the same period last year.