Mercantile Bank (MBWM) Financial Services Fees (2020 - 2024)
Mercantile Bank posted quarterly Financial Services Fees of $716000.0 for Q4 2024, down 41.5% year-on-year from $1.2 million in Q1 2024, and up 84.06% on a QoQ basis from $389000.0 in Q3 2024.
Mercantile Bank (MBWM) has 5 years of Financial Services Fees data on file, last reported at $716000.0 in Q4 2024.
- For the quarter ending Q4 2024, Financial Services Fees fell 41.5% year-over-year to $716000.0; the trailing twelve-month figure through Dec 2024 stood at $3.2 million (down 18.65% YoY), and the FY2024 full-year result was $3.2 million, down 18.65% from the prior year.
- Financial Services Fees for Q4 2024 stood at $716000.0, 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.
- The 5-year median for Financial Services Fees is $932000.0 (2020), against an average of $1.1 million.
- Peak annual rise in Financial Services Fees reached 106.89% in 2022, while the deepest fall reached 85.63% in 2022.
- A 5-year view of Financial Services Fees shows it stood at $932000.0 in 2020, then dropped by 16.74% to $776000.0 in 2021, then jumped by 47.04% to $1.1 million in 2022, then grew by 7.27% to $1.2 million in 2023, then slumped by 41.5% to $716000.0 in 2024.
- The last three Financial Services Fees figures came in at $716000.0 (Q4 2024), $389000.0 (Q3 2024), and $766000.0 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - |
| 10 | Mercantile Bank | 899.78 Mn | 301.62 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 716,000.00 |
| Sep 30, 2024 | 389,000.00 |
| Jun 30, 2024 | 766,000.00 |
| Mar 31, 2024 | 1.34 Mn |
| Dec 31, 2023 | 1.22 Mn |
| Sep 30, 2023 | 937,000.00 |
| Jun 30, 2023 | 748,000.00 |
| Mar 31, 2023 | 1.04 Mn |
| Dec 31, 2022 | 1.14 Mn |
| Sep 30, 2022 | 566,000.00 |
| Jun 30, 2022 | 430,000.00 |
| Mar 31, 2022 | 1.35 Mn |
| Dec 31, 2021 | 776,000.00 |
| Sep 30, 2021 | 3.94 Mn |
| Jun 30, 2021 | 1.50 Mn |
| Mar 31, 2021 | 653,000.00 |
| Dec 31, 2020 | 932,000.00 |