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Mercantile Bank Q2 Earnings Decline, Revenue Rises
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Mercantile Bank Q2 Earnings Decline, Revenue Rises
Jul 16, 2024 3:08 AM

05:47 AM EDT, 07/16/2024 (MT Newswires) -- Mercantile Bank ( MBWM ) reported Q2 earnings Tuesday of $1.17 per diluted share, down from $1.27 a year earlier.

Analysts polled by Capital IQ expected $1.16.

Revenue, expressed as the sum of net interest income and noninterest income, was $56.8 million for the quarter ended June 30, up from $55.2 million a year earlier.

Analysts polled by Capital IQ expected $55.9 million.

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