Mercantile Bank (MBWM) Financial Services Fees (2020 - 2024)
Historic Financial Services Fees for Mercantile Bank (MBWM) over the last 5 years, with Q4 2024 value amounting to $716000.0.
- Mercantile Bank's Financial Services Fees fell 4150.33% to $716000.0 in Q4 2024 from the same period last year, while for Dec 2024 it was $2.3 million, marking a year-over-year decrease of 4123.76%. This contributed to the annual value of $3.2 million for FY2024, which is 1865.18% down from last year.
- Latest data reveals that Mercantile Bank reported Financial Services Fees of $716000.0 as of Q4 2024, which was down 4150.33% from $389000.0 recorded in Q3 2024.
- Mercantile Bank's 5-year Financial Services Fees high stood at $3.9 million for Q3 2021, and its period low was $389000.0 during Q3 2024.
- For the 5-year period, Mercantile Bank's Financial Services Fees averaged around $1.1 million, with its median value being $932000.0 (2020).
- Examining YoY changes over the last 5 years, Mercantile Bank's Financial Services Fees showed a top increase of 10689.13% in 2022 and a maximum decrease of 8562.72% in 2022.
- Quarter analysis of 5 years shows 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 tumbled by 41.5% to $716000.0 in 2024.
- Its last three reported values are $716000.0 in Q4 2024, $389000.0 for Q3 2024, and $766000.0 during Q2 2024.