Mercantile Bank (MBWM) Service Charges (2010 - 2017)

Mercantile Bank has reported Service Charges for 8 years, with the latest figure at $1.1 million in Q4 2017.

• For the quarter ending Q4 2017, Service Charges rose 0.93% year-over-year to $1.1 million; the trailing twelve-month figure through Dec 2017 stood at $4.2 million (changed 0.47% YoY), and the FY2017 full-year result was $4.2 million, changed 0.47% from the prior year.
• Service Charges for Q4 2017 stood at $1.1 million, up from $1.1 million in the prior quarter.
• The five-year high for Service Charges was $1.1 million in Q3 2016, with the low at $365000.0 in Q1 2014.
• Historically, Service Charges has averaged $795600.0 across 5 years, with a median of $862000.0 in 2014.
• Annual changes were most pronounced in 2014 — Service Charges soared 122.02% — and 2017, when it retreated 5.61%.
• Mercantile Bank's Service Charges stood at $377000.0 in 2013, then surged by 122.02% to $837000.0 in 2014, then advanced by 3.23% to $864000.0 in 2015, then climbed by 24.42% to $1.1 million in 2016, then advanced by 0.93% to $1.1 million in 2017.
• The last three Service Charges figures came in at $1.1 million (Q4 2017), $1.1 million (Q3 2017), and $1.1 million (Q2 2017), per Business Quant data.