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BRIEF-Mercantile Bank Corp reports strong third quarter 2016 results
October 18, 2016 / 10:51 AM / a year ago

BRIEF-Mercantile Bank Corp reports strong third quarter 2016 results

Oct 18 (Reuters) - Mercantile Bank Corp -

* Mercantile Bank Corporation reports strong third quarter 2016 results

* Q3 earnings per share $0.48

* Q3 earnings per share view $0.46 -- Thomson Reuters I/B/E/S

* Net interest income during Q3 of 2016 was $26.5 million, up $0.8 million or 3.2 percent from Q3 of 2015

* Total revenue, which consists of net interest income and noninterest income, was $31.7 million during Q3 of 2016, up $1.8 million or 6.1 percent

* Expects to continue to record adjustments in interest income on loans and interest expense on subordinated debentures in future periods Source text for Eikon: Further company coverage:

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