Mercantile Bank (MBWM) Financial Services Fees (2010 - 2024)

Mercantile Bank (MBWM) posted Financial Services Fees of $3000.0 for Q4 2024, down 99.23% on a QoQ basis from $389000.0 in Q3 2024, and up 100.65% year-over-year from $1495.2 in Q1 2024.

Mercantile Bank (MBWM) Financial Services Fees (2010 - 2024) Analysis & Trends

Mercantile Bank's Financial Services Fees history runs 13 years deep, the most recent figure standing at $3000.0 for Q4 2024.

  • Quarterly Financial Services Fees rose 100.65% year-over-year to $3000.0 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $2.5 million (up 10.58% YoY) and the FY2025 annual result came in at $2.7 million, up 8.73% from the prior year.
  • Financial Services Fees was $3000.0 for Q4 2024 at Mercantile Bank, down 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 -$4.3 million in Q4 2021.
  • A 5-year average of $526588.2 and a median of $748000.0 in 2023 frame the typical range for Financial Services Fees.
  • Annual changes were most pronounced in 2021 — Financial Services Fees tumbled 474.87% — and 2022, when it soared 106.89%.
  • Mercantile Bank's Financial Services Fees stood at $1.1 million in 2020, then tumbled by 474.87% to -$4.3 million in 2021, then soared by 74.03% to -$1.1 million in 2022, then jumped by 58.12% to -$464000.0 in 2023, then soared by 100.65% to $3000.0 in 2024.
  • Business Quant data shows MBWM's Financial Services Fees at $3000.0 in Q4 2024, $389000.0 in Q3 2024, and $766000.0 in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn -
6 Lloyds Banking 358.14 Bn 358.14 Bn -
7 First Capital 200.03 Bn 199.69 Bn -
8 Landmark Bancorp 187.97 Bn 187.94 Bn -
9 Pnc Financial Services 100.96 Bn 101.01 Bn -
10 Mercantile Bank 985.63 Mn 406.32 Mn -

Historic Data

Download Data
DateValue
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