Mercantile Bank Corp

MBWM

Market cap $771M

Mercantile Bank Corporation (NASDAQ:MBWM ) Q3 2025 Earnings Call October 21, 2025 10:00 AM EDT Company Participants Nichole Kladder Raymond Reitsma - President, CEO & Director Charles Christmas - Executive VP, CFO & Treasurer Conference Call Participants Brendan Nosal - Hovde Group, LLC, Research Division Daniel Tamayo - Raymond James & Associates, Inc., Research Division Damon Del Monte - Keefe, Bruyette, & Woods, Inc., Research Division Nathan Race - Piper Sandler & Co., Research Division Presentation Operator Good morning, and welcome to the Mercantile Bank Corporation 2025 Third Quarter Earnings Results Conference Call. [Operator Instructions] Please note this event is being recorded.

The headline numbers for Mercantile Bank (MBWM) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Mercantile Bank (MBWM) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.22 per share a year ago.

Growth in net interest income and certain noninterest income categories and continued strength in asset quality metrics and capital measures highlight the quarter GRAND RAPIDS, Mich. , Oct. 21, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $23.8 million, or $1.46 per diluted share, for the third quarter of 2025, compared with net income of $19.6 million, or $1.22 per diluted share, for the third quarter of 2024.

Board declares $0.38 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.4% percent  GRAND RAPIDS, Mich. , Oct. 21, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on October 16, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.38 per common share, payable on December 17, 2025, to holders of record as of December 5, 2025.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Mercantile Bank (MBWM) have what it takes?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Mercantile Bank (MBWM) have what it takes?

GRAND RAPIDS, Mich. , Sept. 30, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) will host a conference call and webcast at 10 a.m.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Mercantile Bank (MBWM) have what it takes?

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