Mercantile Bank Corp (MBWM)
38.47
+0.33
(+0.87%)
USD |
NASDAQ |
May 03, 16:00
38.52
+0.05
(+0.13%)
After-Hours: 20:00
Mercantile Bank Net Income (Quarterly): 21.56M for March 31, 2024
Net Income (Quarterly) Chart
Historical Net Income (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 21.56M |
| December 31, 2023 | 20.03M |
| September 30, 2023 | 20.86M |
| June 30, 2023 | 20.36M |
| March 31, 2023 | 20.97M |
| December 31, 2022 | 21.80M |
| September 30, 2022 | 16.03M |
| June 30, 2022 | 11.74M |
| March 31, 2022 | 11.49M |
| December 31, 2021 | 11.64M |
| September 30, 2021 | 15.05M |
| June 30, 2021 | 18.09M |
| March 31, 2021 | 14.24M |
| December 31, 2020 | 14.08M |
| September 30, 2020 | 10.69M |
| June 30, 2020 | 8.698M |
| March 31, 2020 | 10.67M |
| December 31, 2019 | 13.32M |
| September 30, 2019 | 12.60M |
| June 30, 2019 | 11.72M |
| March 31, 2019 | 11.82M |
| December 31, 2018 | 11.57M |
| September 30, 2018 | 10.12M |
| June 30, 2018 | 9.446M |
| March 31, 2018 | 10.88M |
| Date | Value |
|---|---|
| December 31, 2017 | 7.979M |
| September 30, 2017 | 8.337M |
| June 30, 2017 | 7.343M |
| March 31, 2017 | 7.615M |
| December 31, 2016 | 8.085M |
| September 30, 2016 | 7.845M |
| June 30, 2016 | 7.434M |
| March 31, 2016 | 8.549M |
| December 31, 2015 | 6.48M |
| September 30, 2015 | 7.336M |
| June 30, 2015 | 6.558M |
| March 31, 2015 | 6.646M |
| December 31, 2014 | 6.293M |
| September 30, 2014 | 5.947M |
| June 30, 2014 | 1.509M |
| March 31, 2014 | 3.58M |
| December 31, 2013 | 5.163M |
| September 30, 2013 | 3.453M |
| June 30, 2013 | 4.016M |
| March 31, 2013 | 4.40M |
| December 31, 2012 | 3.048M |
| September 30, 2012 | 2.616M |
| June 30, 2012 | 3.991M |
| March 31, 2012 | 2.88M |
| December 31, 2011 | 30.32M |
Net Income Definition
Net Income is the total amount of profit earned by a company. This metric boils down to the overall profit that is left from the revenue that a company receives after taking out various operational line items like cost of goods sold, income tax expense, SG&A expense, etc. Eventually, all companies would want to have a consistent positive and growing net income, so that this can be used for various purposes like reinvesting into the company, paying off debt, and potentially paying out dividends to shareholders.
Net Income (Quarterly) Range, Past 5 Years
8.698M
Minimum
Jun 2020
21.80M
Maximum
Dec 2022
15.28M
Average
14.16M
Median
Net Income (Quarterly) Benchmarks
| First Merchants Corp | 47.94M |
| Fulton Financial Corp | 61.94M |
| Bank OZK | 175.12M |
| Peoples Bancorp Inc (Marietta OH) | 29.58M |
| Southside Bancshares Inc | 21.51M |
Net Income (Quarterly) Related Metrics
| Revenue (Quarterly) | 58.23M |
| EPS Diluted (Quarterly) | 1.34 |
| Enterprise Value | 359.74M |
| Profit Margin (Quarterly) | 37.03% |
| Earnings Yield | 13.41% |
| Normalized Earnings Yield | 13.41 |