Loading...
Loading...
MBWM| Name | Value |
|---|---|
| Revenues | 87.6M |
| Cost of Revenue | 10.9M |
| Gross Profit | 76.7M |
| Operating Expense | 8.5M |
| Operating I/L | 27.7M |
| Other Income/Expense | -5.2M |
| Interest Income | 76.7M |
| Pretax | 27.0M |
| Income Tax Expense | 5.4M |
| Net Income/Loss | 21.6M |
Mercantile Bank Corporation is a bank holding company that operates Mercantile Bank of Michigan, offering commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. The company generates revenue through various deposit products, including checking, savings, and term certificate accounts, as well as through commercial and industrial loans, real estate loans, consumer loans, and insurance products. Additionally, it provides courier services, safe deposit facilities, and automated teller machines. As of January 18, 2022, the company operated 44 banking offices, contributing to its overall business operations and revenue streams.
