Mercantile Bank Corporation Announces Robust Fourth Quarter and Full-Year 2024 Results
Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") reported net income of $19.6 million, or $1.22 per diluted share, for the fourth quarter of 2024, compared with net income of $20.0 million, or $1.25 per diluted share, for the respective prior-year period. For the full-year 2024, Mercantile reported net income of $79.6 million, or $4.93 per diluted share, compared with net income of $82.2 million, or $5.13 per diluted share, for the full-year 2023.