
Mercantile Bank (MBWM) reported quarterly earnings of $1.53/share, beating the Zacks Consensus Estimate of $1.34/share (+14.2%). EPS was also up from $1.39/share a year ago. The results suggest modest outperformance versus expectations, which is likely to support the stock near term.
Mercantile Bank (MBWM) reported quarterly earnings of $1.53/share, beating the Zacks Consensus Estimate of $1.34/share (+14.2%). EPS was also up from $1.39/share a year ago. The results suggest modest outperformance versus expectations, which is likely to support the stock near term.
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mildly positive
Sentiment Score
0.30
Ticker Sentiment