MBWM
Mercantile Bank Corporation
NASDAQ: MBWM · FINANCIAL SERVICES · BANKS - REGIONAL
$50.69
-2.46% today
Updated 2026-04-29
Market cap
$875.64M
P/E ratio
9.08
P/S ratio
3.47x
EPS (TTM)
$5.58
Dividend yield
2.92%
52W range
$41 – $55
Volume
0.1M
Mercantile Bank Corporation (MBWM) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
8 of 8
Last 8 quarters
Avg EPS surprise
+7.7%
Last 4 quarters
Revenue YoY growth
+8.4%
Most recent quarter
EPS YoY growth
+20.7%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+0.9%
Last 3 reports
Positive reaction rate
67%
2 of 3 quarters
Largest single-day move
+6.6%
2026-01-20
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-04-21 | $1.46 | +11.5% | $53.26 | $50.42 | -5.3% |
| 2026-01-20 | $1.40 | +2.2% | $50.24 | $53.55 | +6.6% |
| 2025-10-21 | $1.46 | +5.8% | $44.63 | $45.26 | +1.4% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2026-03-31 | $1.31 | $1.46 | +11.5% | $96.51M | +8.4% |
| 2025-12-31 | $1.37 | $1.40 | +2.2% | $93.31M | +0.7% |
| 2025-09-30 | $1.38 | $1.46 | +5.8% | $96.03M | +3.2% |
| 2025-06-30 | $1.25 | $1.39 | +11.2% | $93.42M | +5.5% |
| 2025-03-31 | $1.18 | $1.21 | +2.5% | $89.04M | +1.7% |
| 2024-12-31 | $1.14 | $1.22 | +7.0% | $92.66M | +12.9% |
| 2024-09-30 | $1.17 | $1.22 | +4.3% | $93.08M | +15.8% |
| 2024-06-30 | $1.16 | $1.17 | +0.9% | $88.56M | +20.4% |
| 2024-03-31 | $1.14 | $1.34 | +17.5% | $87.59M | — |
| 2023-12-31 | $1.24 | $1.25 | +0.8% | $82.10M | — |
| 2023-09-30 | $1.15 | $1.30 | +13.0% | $80.40M | — |
| 2023-06-30 | $1.10 | $1.27 | +15.5% | $73.56M | — |
Frequently asked questions
Has Mercantile Bank Corporation beaten earnings estimates?
Mercantile Bank Corporation has beaten Wall Street EPS estimates in 8 of its last 8 quarterly reports, with an average EPS surprise of +7.7% over the last 4 quarters.
How does MBWM stock react to earnings?
MBWM stock has moved an average of +0.9% in the trading day following earnings over its last 3 reports, with positive reactions in 67% of those quarters.
What is Mercantile Bank Corporation's revenue growth rate?
Mercantile Bank Corporation reported year-over-year revenue growth of +8.4% in its most recent quarter, with EPS growing +20.7% year-over-year.