Mercantile Bank (MBWM)
(Real Time Quote from BATS)
$37.90 USD
+0.06 (0.16%)
Updated May 24, 2024 09:58 AM ET
3-Hold of 5 3
B Value D Growth C Momentum C VGM
Income - Line of Business | YR Estimate | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 |
---|---|---|---|---|---|---|
Net Interest Income [$M] |
-- | 194 | 158 | 124 | 122 | 125 |
Total Noninterest Income [$M] |
-- | 32 | 32 | 56 | 45 | 27 |
Service charges on accounts [$M] |
-- | 5 | 6 | 5 | 5 | 5 |
Mortgage banking income [$M] |
-- | 8 | 9 | 30 | 29 | 8 |
Credit and debit card income [$M] |
-- | 9 | 8 | 8 | 6 | 6 |
Interest rate swap income [$M] |
-- | 4 | 3 | 7 | 1 | 0 |
Payroll services [$M] |
-- | 3 | 2 | 2 | 2 | 2 |
Earnings on bank owned life insur... |
-- | 2 | 2 | 1 | 1 | 4 |
Other income [$M] |
-- | 3 | 2 | 3 | 1 | 2 |
NFM - Operating & Non Financial Metrics | YR Estimate | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 |
Efficiency Ratio [%] |
-- | 51 | 57 | 62 | 59 | 59 |
Net Interest Margin [%] |
-- | 4 | 3 | 3 | 3 | 4 |
Net loan charge-offs to average l... |
-- | 0 | 0 | 0 | 0 | 0 |
Total nonperforming loans [$M] |
-- | 3 | 8 | 2 | 3 | 2 |
Average Balance - Total interest-... |
-- | 4,780 | 4,765 | 4,509 | 3,890 | 3,327 |