Mercantile Bank (MBWM) Financial Services Fees (2010 - 2024)
Mercantile Bank (MBWM) posted quarterly Financial Services Fees of $3000.0 for Q4 2024, up 100.65% year-over-year from $1495.2 in Q1 2024, and down 99.23% on a QoQ basis from $389000.0 in Q3 2024.
Mercantile Bank (MBWM) Financial Services Fees (2010 - 2024) Analysis & Trends
Mercantile Bank has reported Financial Services Fees for 13 years, with the latest figure at $3000.0 in Q4 2024.
- Financial Services Fees for Q4 2024 came in at $3000.0, up 100.65% year-over-year; the trailing twelve-month figure through Dec 2024 was $2.5 million (up 10.58% YoY), and the FY2025 annual result was $2.7 million, up 8.73% from the prior year.
- Financial Services Fees retreated to $3000.0 in Q4 2024, from $389000.0 in the prior quarter.
- Over five years, Financial Services Fees peaked at $3.9 million in Q3 2021 and troughed at -$464000.0 in Q4 2023.
- A 5-year average of $955470.6 and a median of $776000.0 in 2021 frame the typical range for Financial Services Fees.
- The widest annual swing landed in 2022, when Financial Services Fees soared 106.89%; it then sank 140.67% in 2023.
- A 5-year view of Financial Services Fees shows it stood at $1.1 million in 2020, then slumped by 31.81% to $776000.0 in 2021, then soared by 47.04% to $1.1 million in 2022, then sank by 140.67% to -$464000.0 in 2023, then jumped by 100.65% to $3000.0 in 2024.
- Per Business Quant data, the three most recent Financial Services Fees figures were $3000.0 in Q4 2024, $389000.0 in Q3 2024, and $766000.0 in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Mercantile Bank | 1.03 Bn | 688.32 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 3,000.00 |
| Sep 30, 2024 | 389,000.00 |
| Jun 30, 2024 | 766,000.00 |
| Mar 31, 2024 | 1.34 Mn |
| Dec 31, 2023 | -464,000.00 |
| Sep 30, 2023 | 937,000.00 |
| Jun 30, 2023 | 748,000.00 |
| Mar 31, 2023 | 1.04 Mn |
| Dec 31, 2022 | -1.11 Mn |
| Sep 30, 2022 | 566,000.00 |
| Jun 30, 2022 | 430,000.00 |
| Mar 31, 2022 | 1.35 Mn |
| Dec 31, 2021 | -4.27 Mn |
| Sep 30, 2021 | 3.94 Mn |
| Jun 30, 2021 | 1.50 Mn |
| Mar 31, 2021 | 653,000.00 |
| Dec 31, 2020 | 1.14 Mn |
| Dec 31, 2017 | 252,000.00 |
| Sep 30, 2017 | 250,000.00 |
| Jun 30, 2017 | 248,000.00 |