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Mercantile Bank Corporation$32.14$1.113.58%

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Income Statement for Mercantile Bank Corporation
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $160.99 $144.54 $139.50
Cost of Goods Sold $13.87 $9.36 $7.55
Gross Profit $147.12 $135.18 $131.95
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $87.27 $82.67 $80.02
Income Before Depreciation $59.85 $52.52 $51.93
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $8.03 $6.43 $5.04
Pretax Income $51.82 $46.08 $46.89
       
Provision for Income Taxes $9.80 $14.81 $14.97
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $42.02 $31.27 $31.91
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $42.02 $31.27 $31.91
       
Basic Earnings Per Share $2.53 $1.90 $1.96
Diluted Earnings Per Share $2.53 $1.90 $1.96
       
Weighted Average Basic Shares Outstanding 16.60 16.48 16.29
Weighted Average Diluted Shares Outstanding 16.61 16.49 16.31
       
Income Before Non-Recurring Items $42.02 $31.11 $31.91
Income From Non-Recurring Items $0.00 $0.17 $0.00
Diluted Earnings Per Share before extras $2.53 $1.89 $1.96
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $27.88 $12.28 $19.04
Dividend Per Share (common) $1.68 $0.74 $1.16




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