Mercantile Bank (MBWM) Misses Q2 EPS by 1c, Slight Miss on Revenues

Mercantile Bank (NASDAQ: MBWM) reported Q2 EPS of $0.57, $0.01 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $33.8 million versus the consensus estimate of $33.9 million.

"We are pleased to report another quarter of sound financial performance, continuing the momentum generated during the first quarter of 2018," said Robert B. Kaminski, Jr., President and Chief Executive Officer of Mercantile. "Our strong operating performance and balance sheet, sustained strength in commercial and residential mortgage loan originations, and healthy loan pipelines make us confident that the solid results achieved during the first half of the year will continue throughout the remainder of 2018.

For earnings history and earnings-related data on Mercantile Bank (MBWM) click here.

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