Last quarter (Q4 2023), Mercantile Bank's total revenue was $56.95M, a decrease of -2.59% from the same quarter last year. In Q4, Mercantile Bank's net income was $19.22M. See Mercantile Bank’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 225.09M	$ 225.69M	$ 190.32M	$ 184.58M	$ 167.42M	$ 151.49M
Credit Losses Provision	$ 7.70M	$ 7.70M	$ 6.55M	$ 4.30M	$ -14.05M	$ -1.75M
Non Interest Expense	$ 58.09M	$ 115.29M	$ 107.98M	$ -110.87M	$ 98.52M	$ 89.28M
Incomefrom Associatesand Other Participating Interests	-	-	-	-	-	-
Special Income Charges	$ -11.24M	$ -28.72M	$ -25.17M	$ -15.12M	$ 0.00	-
Pretax Income	$ 102.70M	$ 102.70M	$ 75.79M	$ 73.72M	$ 54.85M	$ 60.46M
Tax Provision	$ 10.16M	$ 20.48M	$ 14.73M	$ 16.52M	$ 10.71M	$ 11.00M
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ 173.94M	$ 82.22M	$ 64.09M	$ 50.42M	$ 44.14M	$ 49.46M
Basic EPS	$ 5.13	$ 5.13	$ 3.85	$ 3.69	$ 2.71	$ 3.01
Diluted EPS	$ 5.13	$ 5.13	$ 3.85	$ 3.69	$ 2.71	$ 3.01
Basic Average Shares	$ 64.06M	$ 16.02M	$ 15.86M	$ 15.99M	$ 16.27M	$ 16.41M
Diluted Average Shares	$ 64.06M	$ 16.02M	$ 15.86M	$ 15.99M	$ 16.27M	$ 16.41M
Dividend Per Share	$ 1.34	$ 1.34	$ 1.26	-	$ 1.12	$ 1.06
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Interest Income After Provision For Loan Loss	$ 185.25M	$ 185.84M	$ 151.69M	$ 124.06M	$ 108.20M	$ 122.78M
Net Income From Continuing And Discontinued Operation	$ 82.22M	$ 82.22M	$ 61.06M	$ 50.42M	$ 44.14M	$ 49.46M
Normalized Income	$ 97.86M	$ 31.22M	$ 17.63M	-	$ 44.14M	$ 49.46M
Total Money Market Investments	-	-	-	-	-	-
Ebit	-	-	-	-	-	-
Ebitda	-	-	-	-	-	-

Currency in USD

Mercantile Bank Earnings and Revenue History

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