Mercantile Bank (MBWM) Financial Services Fees (2020 - 2024)

Mercantile Bank (MBWM) has disclosed Financial Services Fees for 5 consecutive years, with $716000.0 as the latest value for Q4 2024.

  • For Q4 2024, Financial Services Fees fell 41.5% year-over-year to $716000.0; the TTM value through Dec 2024 reached $3.2 million, down 18.65%, while the annual FY2024 figure was $3.2 million, 18.65% down from the prior year.
  • Financial Services Fees hit $716000.0 in Q4 2024 for Mercantile Bank, up from $389000.0 in the prior quarter.
  • Across five years, Financial Services Fees topped out at $3.9 million in Q3 2021 and bottomed at $389000.0 in Q3 2024.
  • Average Financial Services Fees over 5 years is $1.1 million, with a median of $932000.0 recorded in 2020.
  • On a YoY basis, Financial Services Fees climbed as much as 106.89% in 2022 and fell as far as 85.63% in 2022.
  • Mercantile Bank's Financial Services Fees stood at $932000.0 in 2020, then decreased by 16.74% to $776000.0 in 2021, then surged by 47.04% to $1.1 million in 2022, then increased by 7.27% to $1.2 million in 2023, then crashed by 41.5% to $716000.0 in 2024.
  • According to Business Quant data, Financial Services Fees over the past three periods came in at $716000.0, $389000.0, and $766000.0 for Q4 2024, Q3 2024, and Q2 2024 respectively.