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Mercantile Bank (MBWM) Service Charges: 2011-2017

Historic Service Charges for Mercantile Bank (MBWM) over the last 6 years, with Dec 2017 value amounting to $1.1 million.

  • Mercantile Bank's Service Charges rose 0.93% to $1.1 million in Q4 2017 from the same period last year, while for Dec 2017 it was $4.2 million, marking a year-over-year decrease of 0.47%. This contributed to the annual value of $4.2 million for FY2017, which is 0.47% down from last year.
  • According to the latest figures from Q4 2017, Mercantile Bank's Service Charges is $1.1 million, which was up 0.84% from $1.1 million recorded in Q3 2017.
  • In the past 5 years, Mercantile Bank's Service Charges registered a high of $1.1 million during Q3 2016, and its lowest value of $365,000 during Q1 2014.
  • Over the past 2 years, Mercantile Bank's median Service Charges value was $1.1 million (recorded in 2016), while the average stood at $1.1 million.
  • As far as peak fluctuations go, Mercantile Bank's Service Charges surged by 117.13% in 2014, and later dropped by 5.61% in 2017.
  • Mercantile Bank's Service Charges (Quarterly) stood at $377,000 in 2013, then spiked by 117.13% to $862,000 in 2014, then reached $1.1 million in 2016, then grew by 0.93% to $1.1 million in 2017.
  • Its last three reported values are $1.1 million in Q4 2017, $1.1 million for Q3 2017, and $1.1 million during Q2 2017.