Mercantile Bank ($MBWM) Exceeds Earnings Expectations with $1.39 EPS

Mercantile Bank (MBWM) reported its Q2 2025 financial results before the market opened.

Revenue came in at $60.94 million, surpassing estimates of $60.02 million by approximately 1.53% and increasing about 7.37% compared to $56.75 million from the same quarter last year.

Earnings reached $1.39 per share, beating estimates of $1.24 by roughly 12.10% and rising nearly 18.80% from $1.17 reported a year ago.

Both revenue and earnings showed solid growth compared with the prior year’s results.

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