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Mercantile Bank (FRA:MCS) Other Noninterest Expense : €39.8 Mil (As of Jun. 2024)


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What is Mercantile Bank Other Noninterest Expense?

Mercantile Bank's other noninterest expense for the three months ended in Jun. 2024 was €11.0 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €39.8 Mil.


Mercantile Bank Other Noninterest Expense Historical Data

The historical data trend for Mercantile Bank's Other Noninterest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mercantile Bank Other Noninterest Expense Chart

Mercantile Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Noninterest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.09 29.83 36.66 37.92 39.12

Mercantile Bank Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Other Noninterest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.49 10.93 7.08 10.77 10.99

Mercantile Bank Other Noninterest Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense and Other Noninterest Expense under the Total Noninterest Expense section.

Other Noninterest Expense incurred by banks sometimes includes:
Occupancy
Equipment
Professional fees
Amortization of intangibles
Other (too numerous to list)

Some banks can do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Other Noninterest Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €39.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mercantile Bank Business Description

Traded in Other Exchanges
Address
310 Leonard Street NW, Grand Rapids, MI, USA, 49504
Mercantile Bank Corp operates as a bank holding company. The bank provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.