MERCANTILE BANK CORP (MBWM) Earnings History & Surprises

NASDAQ:MBWM • US5873761044

Current stock price

49.92 USD
-0.15 (-0.3%)
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MBWM Earnings overview

Past quarterly earnings results for MERCANTILE BANK CORP (MBWM), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release Date
Apr 20, 2026
Period
Q1 / 2026
EPS Estimate
$1.35
Revenue Estimate
68.985M

Last Reported

Most Recent
Release Date
Jan 20, 2026
Period
Q4 / 2025
EPS Reported
$1.40
EPS Surprise
3.01%
Revenue Surprise
-2.10%

Beat Rate

Last 8 Quarters
44%
EPS and Revenue beats vs estimates

Quarterly Earnings Historical Results

EPS & Revenue History (in USD): Actual vs estimated values, surprises, q2q growth and acceleration numbers quarterly history.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 1.40 1.36 3.01% 14.75% 62.071M 63.402M -2.10% 6.04%
Q3 2025 1.46 1.40 3.96% 19.67% 62.39M 62.559M -0.27% 7.65%
Q2 2025 1.39 1.27 9.53% 18.80% 60.941M 61.224M -0.46% 7.38%
Q1 2025 1.21 1.21 0.26% -9.70% 57.25M 58.528M -2.18% 14.35%
Q4 2024 1.22 1.17 4.35% -2.40% 58.533M 58.526M 0.01% 2.78%
Q3 2024 1.22 1.20 2.02% -6.15% 57.959M 57.968M -0.02% 10.81%
Q2 2024 1.17 1.18 -0.69% -7.87% 56.753M 57.227M -0.83% 2.82%
Q1 2024 1.34 1.17 14.89% 2.29% 50.067M 56.483M -11.36% -9.51%
Q4 2023 1.25 1.26 -0.93% -8.76% 56.949M 57.231M -0.49% -2.60%
Q3 2023 1.30 1.17 11.07% 28.71% 52.304M 54.308M -3.69% 5.39%
Q2 2023 1.27 1.13 12.78% 71.62% 55.196M 52.878M 4.38% 31.20%
Q1 2023 1.31 1.18 10.85% 79.45% 55.33M 54.863M 0.85% 37.74%
Q4 2022 1.37 1.22 11.97% 45.74% 58.47M 54.826M 6.65% 29.47%
Q3 2022 1.01 1.00 1.27% 6.32% 49.63M 48.659M 2.00% 6.30%
Q2 2022 0.74 0.77 -4.39% -30.84% 42.07M 43.589M -3.48% -7.40%
Q1 2022 0.73 0.74 -1.07% -13.10% 40.17M 43.733M -8.15% -6.56%
Q4 2021 0.94 0.88 7.18% 25.33% 45.16M 46.108M -2.06% -2.21%
Q3 2021 0.95 0.86 9.83% 43.94% 46.69M 42.303M 10.37% 9.04%
Q2 2021 1.07 0.80 34.49% 98.15% 45.43M 42.118M 7.86% 9.34%
Q1 2021 0.84 0.72 16.32% 29.23% 42.99M 42.942M 0.11% 16.60%
Q4 2020 0.75 0.58 30.08% - 46.18M 41.146M 12.23% -
Q3 2020 0.66 0.43 52.18% - 42.82M 40.197M 6.53% -
Q2 2020 0.54 0.33 65.44% - 41.55M 37.342M 11.27% -
Q1 2020 0.65 0.48 35.59% - 36.87M 36.999M -0.35% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

MBWM EPS Q2Q GrowthMBWM EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 0 20 -20 40 60 80

Revenue Historical Q2Q growth and Acceleration

MBWM Revenue Q2Q GrowthMBWM Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 0 10 20 30

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
4
Average EPS beat (4)
4.53%
Max EPS beat (4)
9.53%
Min EPS beat (4)
0.26%

Revenue beat statistics

Revenue beat (4)
1
Average Revenue beat (4)
-0.73%
Max Revenue beat (4)
0.01%
Min Revenue beat (4)
-2.18%

Analysis

In the last 4 quarters, MBWM has consistently beaten EPS estimates in all releases
MBWM has beaten revenue estimates in 1 out of the last 4 releases
In the last 4 quarters, MBWM has beaten the EPS estimates by 4.5% on average.
In the last 4 quarters, MBWM reported -0.7% below the revenue estimates on average.
MBWM Overview MBWM Technical Analysis Report MBWM Fundamental Analysis Report MBWM Forecast & Price Target
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MERCANTILE BANK CORP / MBWM Earnings FAQ

Can you provide the last earnings date for MERCANTILE BANK CORP?

MERCANTILE BANK CORP (MBWM) last reported earnings on 1/20/2026.

Did MERCANTILE BANK CORP (MBWM) beat earnings estimates last quarter?

MERCANTILE BANK CORP (MBWM) beat EPS estimates and missed revenue estimates in the most recent quarter.

Can you provide information on how often MERCANTILE BANK CORP beats earnings estimates?

In the last 4 quarters, MERCANTILE BANK CORP (MBWM) has beaten EPS estimates in 4 out of 4 releases.