Mercantile Bank Q3 EPS $1.30 Beats $1.16 Estimate, Sales $58.20M Beat $53.31M Estimate
Author: Benzinga Newsdesk | October 17, 2023 05:04am
Mercantile Bank (NASDAQ:
MBWM) reported quarterly earnings of $1.30 per share which beat the analyst consensus estimate of $1.16 by 12.07 percent. This is a 28.71 percent increase over earnings of $1.01 per share from the same period last year. The company reported quarterly sales of $58.20 million which beat the analyst consensus estimate of $53.31 million by 9.17 percent. This is a 17.27 percent increase over sales of $49.63 million the same period last year.
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