MBWM
Mercantile Bank Corp.
Halal Rating :
Last Price
$44.27
Last updated:
Market Cap
$713.63m
7D Change
4.88%
1 Year Change
7.27%
Company Overview
Industries
Exchange
Nasdaq
Next Earnings Date
Mercantile Bank Corporation is a bank holding company that provides banking services primarily through its subsidiary, Mercantile Bank of Michigan. The company offers commercial banking services, including commercial, mortgage, and consumer lending, deposit products, and cash management services.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $57.96m | $35.12m | $48.29m | $35.12m | 83.32% | 100.00% |
| June 30, 2024 | $56.75m | $31.81m | $47.07m | $31.81m | 82.94% | 100.00% |
| March 31, 2024 | $58.23m | $29.36m | $47.36m | $29.36m | 81.34% | 100.00% |
Company Impact
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