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| 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 |