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Mercantile Bank (MBWM) Service Charges: 2009-2017

Historic Service Charges for Mercantile Bank (MBWM) over the last 9 years, with Dec 2017 value amounting to $4.2 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.
  • Mercantile Bank's Service Charges amounted to $4.2 million in FY2017, which was down 0.47% from $4.3 million recorded in FY2016.
  • Over the past 5 years, Mercantile Bank's Service Charges peaked at $4.3 million during FY2016, and registered a low of $1.5 million during FY2013.
  • Moreover, its 3-year median value for Service Charges was $4.2 million (2017), whereas its average is $3.9 million.
  • Per our database at Business Quant, Mercantile Bank's Service Charges spiked by 68.80% in 2014 and then declined by 0.47% in 2017.
  • Mercantile Bank's Service Charges (Yearly) stood at $1.5 million in 2013, then soared by 68.80% to $2.6 million in 2014, then increased by 27.92% to $3.3 million in 2015, then grew by 28.57% to $4.3 million in 2016, then decreased by 0.47% to $4.2 million in 2017.