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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 $4.3 million, marking a year-over-year decrease of 346.46%. This contributed to the annual value of $4.2 million for FY2017, which is 47.03% down from last year.
  • Latest data reveals that Mercantile Bank reported Service Charges of $1.1 million as of 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 ranged from a high of $1.1 million in Q3 2016 and a low of $365000.0 during Q1 2014
  • Moreover, its 4-year median value for Service Charges was $948000.0 (2016), whereas its average is $784466.7.
  • In the last 5 years, Mercantile Bank's Service Charges surged by 11712.85% in 2014 and then crashed by 561.4% in 2017.
  • Over the past 4 years, Mercantile Bank's Service Charges (Quarter) stood at $377000.0 in 2013, then skyrocketed by 128.65% to $862000.0 in 2014, then increased by 24.71% to $1.1 million in 2016, then rose 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.