GRAND RAPIDS, Mich. (AP) _ Mercantile Bank Corp. (MBWM) on Tuesday reported fourth-quarter earnings of $21.8 million.

The bank, based in Grand Rapids, Michigan, said it had earnings of $1.37 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.

The holding company for Mercantile Bank of Michigan posted revenue of $66.1 million in the period. Its revenue net of interest expense was $58.5 million, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $53.7 million.

For the year, the company reported profit of $61.1 million, or $3.85 per share. Revenue was reported as $190.3 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MBWM at https://www.zacks.com/ap/MBWM

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