Benzinga | Jan 19, 2021 06:07AM EST

Mercantile Bank Q4 EPS $0.87 Beats $0.55 Estimate, Sales $46.18M Beat $40.34M Estimate

Mercantile Bank (NASDAQ:MBWM) reported quarterly earnings of $0.87 per share which beat the analyst consensus estimate of $0.55 by 58.18 percent. This is a 4.82 percent increase over earnings of $0.83 per share from the same period last year. The company reported quarterly sales of $46.18 million which beat the analyst consensus estimate of $40.34 million by 14.48 percent. This is a 20.02 percent increase over sales of $38.48 million the same period last year.