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Mercantile Bank (MBWM) Service Charges (2016 - 2017)

Historic Service Charges for Mercantile Bank (MBWM) over the last 6 years, with Q4 2017 value amounting to $1.1 million.

  • Mercantile Bank's Service Charges rose 93.02% 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 47.03%. This contributed to the annual value of $4.2 million for FY2017, which is 47.03% down from last year.
  • Per Mercantile Bank's latest filing, its Service Charges stood at $1.1 million for Q4 2017, which was up 93.02% 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 $365000.0 during Q1 2014.
  • In the last 4 years, Mercantile Bank's Service Charges had a median value of $948000.0 in 2016 and averaged $784466.7.
  • As far as peak fluctuations go, Mercantile Bank's Service Charges skyrocketed by 11712.85% in 2014, and later tumbled by 561.4% in 2017.
  • Mercantile Bank's Service Charges (Quarter) stood at $377000.0 in 2013, then soared by 128.65% to $862000.0 in 2014, then grew by 24.71% to $1.1 million in 2016, then increased by 0.93% to $1.1 million in 2017.
  • Its Service Charges was $1.1 million in Q4 2017, compared to $1.1 million in Q3 2017 and $1.1 million in Q2 2017.