Mercantile Bank: Q1 Earnings Insights

Mercantile Bank MBWM reported its Q1 earnings results on Tuesday, April 19, 2022 at 05:01 AM.

Here's what investors need to know about the announcement.

Earnings

Mercantile Bank beat estimated earnings by 1.39%, reporting an EPS of $0.73 versus an estimate of $0.72.

Revenue was down $2.83 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 0.83% increase in the share price the next day.

Here's a look at Mercantile Bank's past performance:

To track all earnings releases for Mercantile Bank visit their earnings calendar here..

This article was generated by Benzinga's automated content engine and reviewed by an editor.